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Firefly Aerospace Inc. (FLY) Stock Analysis

SellModerate Confidence

Industrials · Aerospace & Defense

Sell if holding. Engine safety override at $42.23: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: Below-average business quality; Rich valuation.

Firefly Aerospace is a space and defense company providing orbital launch (Alpha rocket, Eclipse in development), lunar/orbital spacecraft (Blue Ghost lander, Elytra), and national security software (SciTec AI defense) to US government and commercial customers. Alpha has 7... Read more

$42.23+11.4% A.UpsideScore 4.9/10#34 of 47 Aerospace & Defense
QualityF-score3 / 9FCF yield-2.15%
Stop $39.05Target $46.76(resistance)A.R:R -0.2:1
Analyst target$47.13+11.6%8 analysts
$46.76our TP
$42.23price
$47.13mean
$35
$65

Sell if holding. Engine safety override at $42.23: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: Below-average business quality; Rich valuation. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 4.9/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 76d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

Recent Developments — Firefly Aerospace Inc.

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Customer: top-5 customers (86.0%)
Target reached (-2.4% upside)
Quality below floor (2.4 < 4.0)

Key Metrics

P/E (TTM)
P/E (Fwd)-37.3
Mkt Cap$6.8B
EV/EBITDA-28.1
Profit Mgn-193.8%
ROE-62.1%
Rev Growth44.8%
Beta
DividendNone
Rating analysts13

Quality Signals

Piotroski F3/9

Options Flow

P/C0.31bullish
IV132%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCustomertop-5 customers86%
    10-K Item 1A: 'our top five customers together accounted for over 86% of our revenue and our top five backlog customers accounted for approximately 81% of our backlog as of December 31, 2025'

Material Events(8-K, last 90d)

  • 2026-04-21Item 5.02LOW
    Confirmatory employment letters executed with Jason Kim, Darren Ma, and Ramon Sanchez memorializing base salaries ($500K, $420K, $425K) and bonus targets. All three to commence participation in Executive Severance Plan.
    SEC filing →
  • 2026-03-03Item 5.02LOW
    Compensation Committee adopted Executive Severance Plan on February 25, 2026, providing standardized severance framework for eligible officers and management employees upon qualifying terminations.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

3 floor-breakers·1 ceiling hit

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ps
0.0
Analyst Target
4.0
Expensive valuation
Low model confidence on this dimension (33%).

Unprofitable operations — net margin -193.8%. Quality floor flags this regardless of sector context.static

Roe
0.0
Roa
0.0
Fcf Quality
0.0
Gross Margin
1.0
Piotroski F
3.3
Moat
4.2
Current Ratio
8.6
Cash-burning: FCF -79% of revenueNo competitive moatWeak Piotroski F-Score: 3/9Quality concerns

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
1.4
Bollinger
1.9
Support Resistance
3.5
Gap
5.0
GatesMomentum 4.4<4.5A.R:R -0.2=NEGATIVEInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 76d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
63 · Neutral
20D MA 50D MA 200D MASupport $31.24Resistance $47.71

Price Targets

$39
$47
A.Upside+10.7%
A.R:R-0.2:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-2.4% upside)
! Quality below floor (2.4 < 4.0)
! Momentum score 4.4/10 — below 4.5 minimum

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-04 (76d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is FLY stock a buy right now?

Sell if holding. Engine safety override at $42.23: a dimension score below its floor triggers a hard block regardless of the otherwise-positive setup — overall score 4.9/10. Specifically: Below-average business quality; Rich valuation. Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $39.05. Score 4.9/10, moderate confidence.

What is the FLY stock price target?

Take-profit target: $46.76 (+11.4% upside). Prior stop was $39.05. Stop-loss: $39.05.

What are the risks of investing in FLY?

Concentration risk — Customer: top-5 customers (86.0%); Target reached (-2.4% upside); Quality below floor (2.4 < 4.0).

Is FLY overvalued or undervalued?

Firefly Aerospace Inc. trades at a P/E of N/A (forward -37.3). TrendMatrix value score: 2.4/10. Verdict: Sell.

What do analysts say about FLY?

13 analysts cover FLY with a consensus score of 3.9/5. Average price target: $47.

What does Firefly Aerospace Inc. do?Firefly Aerospace is a space and defense company providing orbital launch (Alpha rocket, Eclipse in development),...

Firefly Aerospace is a space and defense company providing orbital launch (Alpha rocket, Eclipse in development), lunar/orbital spacecraft (Blue Ghost lander, Elytra), and national security software (SciTec AI defense) to US government and commercial customers. Alpha has 7 launches completed and over 30 planned launches under contract as of December 31, 2025.

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