FLY trades 72.7% below Wall Street's consensus target of $37.83.
Last 12 months price action with 12-month analyst target path
The base valuation assumes FLY achieves its forward estimates and maintains a stable P/E multiple of historical averagesx. This scenario reflects the blended consensus of 9 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of September 24, 2026, Firefly Aerospace Inc. (FLY) has a Wall Street consensus price target of $37.83, based on estimates from 9 covering analysts. With the stock currently trading at $21.90, this represents a potential upside of +72.7%. The company has a market capitalization of $3.60B.
Analyst price targets range from a low of $25.00 to a high of $50.00, representing a 66% spread in expectations. The median target of $36.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 7 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, FLY trades at a trailing P/E of -9.9x. Analysts expect EPS to grow +17.0% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 RKTRocket Companies, Inc. | $34.3B | $12.15 | $18.63 | +53.3% | Hold | 19.8x | 27 |
 MNTSMomentus Inc. | $50M | $4.23 | — | — | — | — | — |
 ASTSAST SpaceMobile, Inc. | $17.9B | $59.98 | $95.00 | +58.4% | Buy | — | 8 |
 SPCEVirgin Galactic Holdings, Inc. | $401M | $3.12 | $2.50 | -19.9% | Hold | — | 17 |
 BAThe Boeing Company | $158.0B | $199.93 | $274.29 | +37.2% | Buy | — | 55 |
 LMTLockheed Martin Corporation | $121.1B | $524.68 | $644.86 | +22.9% | Buy | 17.2x | 37 |
 NOCNorthrop Grumman Corporation | $73.1B | $514.42 | $621.70 | +20.9% | Buy | 17.8x | 35 |
 KTOSKratos Defense & Security Solutions, Inc. | $8.7B | $46.16 | $98.15 | +112.6% | Buy | 55.5x | 25 |
 BWXTBWX Technologies, Inc. | $13.0B | $141.81 | $207.50 | +46.3% | Buy | 29.9x | 16 |
 HIIHuntington Ingalls Industries, Inc. | $10.6B | $269.80 | $333.00 | +23.4% | Hold | 14.5x | 27 |
Quick answers to the most common questions about buying FLY stock.
The consensus Wall Street price target for FLY is $37.83, representing 72.7% upside from the current price of $21.9. With 9 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
FLY has a consensus rating of "Buy" based on 9 Wall Street analysts. The rating breakdown is predominantly bullish, with 7 Buy/Strong Buy ratings. The consensus 12-month price target of $37.83 implies 72.7% upside from current levels.
FLY's current price is $21.9 with a consensus target of $37.83 (72.7% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $50 for FLY, while the most conservative target is $25. The consensus of $37.83 represents the median expectation. These targets typically reflect 12-month expectations.
FLY is moderately covered, with 9 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 7 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month FLY stock forecast based on 9 Wall Street analysts shows a consensus price target of $37.83, with estimates ranging from $25 (bear case) to $50 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on FLY, with a "Buy" consensus rating and $37.83 price target (72.7% upside). 7 of 9 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
FLY analyst price targets range from $25 to $50, a 66% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $37.83 consensus represents the middle ground.
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