Core Insights - Firefly Aerospace, trading under the symbol FLY on NASDAQ, has garnered investor interest due to its ambitious space projects, including a successful lunar landing, but has faced challenges with its Alpha rocket [1] - Roth Capital has set a price target of $40 for FLY, indicating a potential upside of approximately 37.65%, despite the stock's recent volatility and a 22% drop due to testing setbacks [2][5] Company Performance - The recent failure of the Alpha rocket involved the loss of the booster stage during a preflight trial, marking the second failure in recent months and raising concerns about delays in the company's commercial service timeline [2][3] - The current stock price of FLY is $29.15, reflecting a decrease of 21.14% with a change of -$7.81, and has fluctuated between a low of $27.55 and a high of $32 today [3] - Firefly's market capitalization is approximately $4.27 billion, with a trading volume of 5,957,279 shares, indicating its significant presence in the space industry [4][5]
Firefly Aerospace's Market Performance and Future Prospects
Financial Modeling Prep·2025-09-30 22:04