Added to YB: 2026-08-14
Pitch date: 2026-08-12
FLY [neutral]
Firefly Aerospace Inc.
+5.77%
current return
Author Info
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Company Info
Firefly Aerospace Inc. operates as a space and defense technology company and provides mission solutions for national security, government, and commercial customers in United States.
Market Cap
$4.4B
Pitch Price
$25.31
Price Target
50.22 (+88%)
Dividend
N/A
EV/EBITDA
-15.19
P/E
-10.23
EV/Sales
13.34
Sector
Aerospace and Defense
Category
growth
FLY Q2 Earnings Report: Revenue Significantly Beats, Is the Valuation Discount Narrowing?
FLY (earnings): Q2 rev $117.7M (+659% YoY, +93% SciTec proforma), beat $88.5M consensus by 33%. Backlog $1.468B (+13.5% QoQ). FY26 guide unchanged $420-450M; H2 bridge now easy (~$118M/qtr). Negatives: GM fell to 20.3%, FCF burn widened to -$106M, 72% top-3 customer concentration. $635M liquidity. FY27 P/S 6.3x vs RKLB 35x/SPCX 24x. Author long via calls (~5%); 10-12x FY27 P/S implies 59-91% upside. Catalysts: Alpha Block II, Blue Ghost M2, Eclipse NET2027.
Read full article (18 min)