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Firefly Aerospace expands space transport services, raising price target to $51.68 despite near-term losses.

Analyst Insights
11 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Firefly Aerospace is evolving into a comprehensive space transportation provider, focusing on missions from low Earth orbit (LEO) to cislunar space with launchers, landers, and transfer vehicles. The analyst raised the price target to $51.68, citing strong growth potential and undervaluation of the stock, which remains a buy despite recent underperformance and near-term losses. Contract momentum is strong, but profitability depends on increasing production and managing costs effectively, with break-even on operating cash flow expected by 2028. Execution risks related to production scale-up and sector valuations remain key considerations for investors.

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