These Analysts Slash Their Forecasts On Firefly Aerospace Following Q3 Earnings

Core Insights - Firefly Aerospace Inc reported better-than-expected third-quarter financial results, with revenue of $30.78 million, surpassing estimates of $27.71 million, and an adjusted loss of 33 cents per share, better than the anticipated loss of 41 cents per share [1][2] Financial Performance - The company achieved third-quarter revenue of $30.78 million, exceeding market expectations [1] - Adjusted loss per share was reported at 33 cents, which is an improvement over the expected loss of 41 cents [1] Future Guidance - Firefly Aerospace raised its full-year 2025 revenue guidance from a range of $133 million to $145 million to a new range of $150 million to $158 million, while analysts had anticipated full-year revenue of $135.49 million [2] Stock Performance - Following the earnings announcement, Firefly shares increased by 16.1%, trading at $21.26 [2] Analyst Ratings - Deutsche Bank analyst Edison Yu upgraded Firefly Aerospace from Hold to Buy, lowering the price target from $40 to $30 [5] - Roth Capital analyst Suji Desilva maintained a Buy rating on the stock, also cutting the price target from $40 to $30 [5]