<div id="readability-page-1"><ul><li>The Space Race Just Hit a Bottleneck—Who Benefits?</li></ul><p>Firefly Aerospace, Inc. (NASDAQ:FLY - Free Report) - Research analysts at KeyCorp issued their FY2026 earnings estimates for shares of Firefly Aerospace in a report released on Sunday, June 14th. KeyCorp analyst M. Leshock anticipates that the company will post earnings per share of ($2.07) for the year. KeyCorp has a &#34;Overweight&#34; rating and a $50.00 price objective on the stock. The consensus estimate for Firefly Aerospace's current full-year earnings is ($1.95) per share. KeyCorp also issued estimates for Firefly Aerospace's Q4 2026 earnings at ($0.56) EPS and FY2027 earnings at ($1.18) EPS.</p><div><p><span></span><span>Get <strong>Firefly Aerospace</strong> alerts:</span></p></div><p>A number of other brokerages have also commented on FLY. Deutsche Bank Aktiengesellschaft  reissued a &#34;buy&#34; rating and set a $35.00 price target on shares of Firefly Aerospace in a research note on Tuesday, May 5th. The Goldman Sachs Group raised their price objective on shares of Firefly Aerospace from $29.00 to $32.00 and gave the company a &#34;neutral&#34; rating in a report on Monday, April 20th. Weiss Ratings downgraded shares of Firefly Aerospace from a &#34;sell (d-)&#34; rating to a &#34;sell (e+)&#34; rating in a research report on Friday, April 24th. Roth Mkm upped their price target on shares of Firefly Aerospace from $35.00 to $60.00 and gave the company a &#34;buy&#34; rating in a research report on Friday, April 17th. Finally, B. Riley Financial began coverage on shares of Firefly Aerospace in a research note on Wednesday, May 6th. They set a &#34;buy&#34; rating and a $60.00 price target for the company. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one  has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average target price of $42.20.</p><ul><li>Will Firefly’s $855M SciTec Acquisition Ignite a Stock Re-Rating?</li></ul><p><b>Read Our Latest Analysis on Firefly Aerospace</b></p><h2>Firefly Aerospace Price Performance</h2><p>Shares of NASDAQ:FLY opened at $30.95 on Wednesday. Firefly Aerospace has a one year low of $16.00 and a one year high of $73.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.53 and a quick ratio of 2.53. The company has a market cap of $4.96 billion and a price-to-earnings ratio of -3.80. The firm has a 50 day simple moving average of $39.74 and a 200 day simple moving average of $29.45. </p><p>Firefly Aerospace (NASDAQ:FLY - Get Free Report) last issued its earnings results on Monday, May 4th. The company reported ($0.46) earnings per share for the quarter, beating analysts' consensus estimates of ($0.50) by $0.04. The firm had revenue of $80.88 million for the quarter. Firefly Aerospace had a negative return on equity of 40.96% and a negative net margin of 181.16%.The company's revenue for the quarter was up 44.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($5.09) EPS. </p><h2>Insider Activity</h2><p>In related news, General Counsel David Leigh Wheeler sold 3,766 shares of the firm's stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $45.04, for a total transaction of $169,620.64. Following the completion of the sale, the general counsel owned 142,758 shares of the company's stock, valued at $6,429,820.32. This trade represents a 2.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 7.50% of the stock is owned by corporate insiders. </p><h2>Institutional Trading of Firefly Aerospace</h2><p>Several large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets bought a new position in shares of  Firefly Aerospace in the 3rd quarter worth $26,000.  CIBC Private Wealth Group LLC bought a new stake in  Firefly Aerospace during the 3rd quarter valued at $26,000.  California State Teachers Retirement System acquired a new position in  Firefly Aerospace during the fourth quarter worth $30,000.  NBC Securities Inc. bought a new position in shares of  Firefly Aerospace in the fourth quarter valued at $38,000.  Finally, KBC Group NV acquired a new position in shares of  Firefly Aerospace during the first quarter valued at about $38,000. </p><h2>Firefly Aerospace News Summary</h2><p>Here are the key news stories impacting Firefly Aerospace this week:</p><ul>   <li><span>Positive Sentiment: </span>KeyBanc upgraded Firefly Aerospace and said the stock has meaningful upside tied to lunar exploration, national security programs, and growth in the commercial space market, which helped fuel a recent rebound. <i></i><span>Why Is Firefly Aerospace Stock Soaring Monday?</span></li>   <li><span>Positive Sentiment: </span>KeyCorp reiterated an <strong>Overweight</strong> rating and a <strong>$50 price target</strong>, with earnings estimates that suggest analysts still see long-term value in Firefly despite current losses. </li>   <li><span>Positive Sentiment: </span>Several market reports said the SpaceX-fueled selloff in space stocks may have been overdone and highlighted Firefly as a potential beneficiary if sentiment stabilizes. <i></i><span>Rocket Lab and Firefly get upgrades. Why the space selloff was 'unwarranted'</span></li>   <li><span>Neutral Sentiment: </span>Fresh reporting on SciTec’s CBC2 award is raising questions about whether it could reshape Firefly’s defense-software narrative, but the impact on near-term fundamentals is still unclear. <i></i><span>Is SciTec’s New CBC2 Award Quietly Reframing Firefly Aerospace’s (FLY) Defense Software Narrative?</span></li>   <li><span>Negative Sentiment: </span>Firefly is under pressure along with Planet Labs and Intuitive Machines as investors rush toward SpaceX, creating broad selling in the space sector. <i></i><span>Planet Labs Sinks 10%, Intuitive Machines Drops 8%, Firefly Aerospace Falls 7% as Traders Rush to SpaceX</span></li> </ul><h2>About Firefly Aerospace</h2> (Get Free Report)<p>Firefly Aerospace <span>NASDAQ: FLY<span></span></span> is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.  </p><p>Firefly's product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Firefly Aerospace</li><li>Gravity Check: Houston, SpaceX Has a Valuation Problem</li><li>Strategy’s Bitcoin Rally Has a Hidden Engine</li><li>Okta’s AI Moment May Be Bigger Than Investors Realize</li><li>3 Rate-Ready Stocks for the New Fed Chair’s First Big Test</li></ul> <p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Firefly Aerospace Right Now?</h2><p>Before you consider Firefly Aerospace, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Firefly Aerospace wasn't on the list.</p><p>While Firefly Aerospace currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FLYT

<p>KeyCorp analyst M. Leshock issued FY2026 earnings estimates for Firefly Aerospace (FLY), anticipating an EPS of ($2.07). KeyCorp maintains an 'Overweight' rating with a $50 price target. Other brokerages like Deutsche Bank, Goldman Sachs, and Roth MKM have also commented on FLY, with ratings ranging from Buy to Neutral and price targets between $35 and $60. The consensus rating is 'Moderate Buy' with an average target of $42.20.</p>

What is KeyCorp's Estimate for FLY FY2026 Earnings?