FLY trades 73.4% below Wall Street's consensus target of $36.00.
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 November 8, 2026, Firefly Aerospace Inc. (FLY) has a Wall Street consensus price target of $36.00, based on estimates from 9 covering analysts. With the stock currently trading at $20.76, this represents a potential upside of +73.4%. The company has a market capitalization of $3.41B.
Analyst price targets range from a low of $25.00 to a high of $45.00, representing a 56% spread in expectations. The median target of $35.00 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 -9.2x. Analysts expect EPS to grow +12.7% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 RKTRocket Companies, Inc. | $42.5B | $15.06 | $15.00 | -0.4% | Hold | 26.7x | 28 |
 MNTSMomentus Inc. | $24M | $2.05 | — | — | — | — | — |
 ASTSAST SpaceMobile, Inc. | $9.7B | $32.33 | $82.41 | +154.9% | Buy | — | 8 |
 SPCEVirgin Galactic Holdings, Inc. | $356M | $2.77 | $2.00 | -27.8% | Hold | — | 17 |
 BAThe Boeing Company | $137.1B | $173.40 | $243.73 | +40.6% | Buy | — | 55 |
 LMTLockheed Martin Corporation | $130.9B | $567.08 | $638.22 | +12.5% | Buy | 18.5x | 37 |
 NOCNorthrop Grumman Corporation | $74.6B | $525.01 | $616.62 | +17.4% | Buy | 17.7x | 37 |
 KTOSKratos Defense & Security Solutions, Inc. | $6.6B | $35.10 | $87.82 | +150.2% | Buy | 41.7x | 25 |
 BWXTBWX Technologies, Inc. | $10.9B | $119.52 | $206.88 | +73.1% | Buy | 25.2x | 20 |
 HIIHuntington Ingalls Industries, Inc. | $11.4B | $288.74 | $346.00 | +19.8% | Hold | 14.7x | 27 |
Quick answers to the most common questions about buying FLY stock.
The consensus Wall Street price target for FLY is $36, representing 73.4% upside from the current price of $20.76. 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 $36 implies 73.4% upside from current levels.
FLY's current price is $20.76 with a consensus target of $36 (73.4% implied move). Analyst estimates suggest the stock is undervalued at current levels.
The most bullish Wall Street analyst has a price target of $45 for FLY, while the most conservative target is $25. The consensus of $36 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 $36, with estimates ranging from $25 (bear case) to $45 (bull case). The median consensus rating is "Buy".
Wall Street analysts are very optimistic on FLY, with a "Buy" consensus rating and $36 price target (73.4% 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 $45, a 56% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $36 consensus represents the middle ground.
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