FLY - Firefly Aerospace Inc.
CEDAR PARK, Texas, July 15, 2026 (GLOBE NEWSWIRE) -- Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced it will release its second quarter 2026 financial results for the period ended June 30, 2026, on Tuesday, August 11, 2026, after market close. Firefly will hold a conference call the same day at 4:00 p.m.
The trillion-dollar space economy has stopped being a science-fiction talking point.
Firefly Aerospace trades near all-time lows with strong prospects in the rapidly expanding space sector. The space company boasts a $1.3 billion backlog and a 2026 revenue forecast of $420–$450 million, with major NASA Moon Base contracts secured. Firefly recently completed a secondary offering with selling stockholder activity contributing to the more than 50% decline in the stock.
Firefly Aerospace (private) offers a high-risk, high-reward long-duration growth profile, now rated a speculative Buy after a sharp valuation reset. Revenue growth is robust, with government contracts anchoring the pipeline, but persistent cash burn and heavy dilution remain critical concerns. Valuation is demanding, requiring flawless execution: rapid revenue scaling, gross margin expansion, and clear operating leverage are essential for upside.
Firefly Aerospace is expanding into an end-to-end space transportation provider, targeting LEO to cislunar missions with launchers, landers, and transfer vehicles. I raise my price target to $51.68, reflecting high-growth prospects, and believe FLY is undervalued; the stock remains a buy despite near-term losses. FLY's contract momentum is robust, but margin growth hinges on ramping production cadence and disciplined cost management, especially as many contracts currently lack scale.
Jason Kim, CEO of Firefly Aerospace (FLY), explains how the company has become involved with NASA's SkyFall mission that serves as a stepping stone to put humans on Mars. He talks about why this partnership and other contracts serve as strategic moves for Firefly as competitors like SpaceX (SPCX), Rocket Lab (RKLB) and AST Spacemobile (ASTS) make their mark in the space race.
NASA Administrator Jared Isaacman has framed the current moment in stark terms: “We are in a new space race to the lunar surface, and if we fall behind, we may never catch up.
Firefly Aerospace has transitioned from a development-stage startup to a high-growth provider with nearly 135% revenue growth in its latest fiscal year. Rocket Lab USA is significantly expanding its reach through the massive acquisition of Iridium Communications to provide end-to-end space systems.
Mission accelerates Moon delivery timeline and enables repeatable lunar access with flight proven lunar lander Mission accelerates Moon delivery timeline and enables repeatable lunar access with flight proven lunar lander
With key infrastructure and agreements in place, the companies progress pad construction at Launch Complex 3C for Firefly's Alpha rocket With key infrastructure and agreements in place, the companies progress pad construction at Launch Complex 3C for Firefly's Alpha rocket
Space stocks spent June in a "blow‑off then hangover" pattern, with many high‑flyers giving back big chunks of their 2026 gains just as SpaceX (NASDAQ:SPCX) stole the spotlight with its blockbuster IPO.
CEDAR PARK, Texas, June 25, 2026 (GLOBE NEWSWIRE) -- Firefly Aerospace (Nasdaq: FLY), a market leading space and defense technology company, today announced the acquisition of Space-ng Inc. (“Space-ng”), a leader in AI-powered vision navigation and autonomous guidance systems. The acquisition brings proven spacecraft software and camera hardware for Firefly's Blue Ghost landers and Elytra orbital vehicles, bolstering Firefly's capabilities to advance the future of autonomous space operations for missions to the Moon, Mars, and beyond.
The Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing Beer of America is Now Poured in One of the Nation's Most Iconic Venues - Serving Concerts, Eagles Games and Everything That Makes Philadelphia One of the Most Patriotic Cities in America American Rebel Light Beer Will Be Available Throughout Lincoln Financial Field Beginning Mid-July 2026 - One of the Most Significant Premium Venue Placements in the Brand's History PHILADELPHIA, PA AND NASHVILLE, TN / ACCESS Newswire / June 24, 2026 / American Rebel Holdings, Inc. (OTC PINK:AREB), creator of American Rebel Light Beer and America's Patriotic Brand™, today announced that American Rebel Light Beer will be available throughout Lincoln Financial Field beginning mid-July 2026 - one of the most significant premium venue placements in the brand's history and a defining moment in its national expansion story. The announcement positions American Rebel Light Beer at the intersection of world-class sports, live music, and American patriotism - right in the heart of one of the most passionate fan bases in the country.
Shares of space stocks are tumbling in mid-morning trading on Tuesday, with Planet Labs (NYSE:PL) stock leading the decline.
SpaceX's historic debut on Nasdaq sparked a classic “capital siphon” effect, triggering a sharp sell-off across other space stocks. As billionaire Elon Musk's rocket company soared past a $2 trillion valuation, institutional and retail investors trimmed their holdings to free up liquidity and initiate positions in SPCX shares.
Firefly Aerospace Inc. (NASDAQ:FLY) stock jumped more than 7% on Monday after KeyBanc Capital Markets upgraded the stock and pointed to significant upside tied to lunar exploration, national security programs and the expanding commercial space economy.
SpaceX's trading debut knocked space stocks out of the stratosphere. Some experts say they can rise again.
Space stocks got a vote of confidence Sunday as KeyBanc Capital Markets upgraded both Rocket Lab Corp. (NASDAQ:RKLB) and Firefly Aerospace (NASDAQ:FLY) to Overweight, calling the post-SpaceX IPO selloff a buying opportunity rather than a signal of structural weakness.
Rocket Lab and Firefly advance following upgrades as analysts see the space selloff as temporary.
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