JP Morgan has initiated coverage on Firefly Aerospace Inc (FLY) with an Overweight rating as of September 1, 2025. This marks the firm's first assessment of the company, reflecting its investment potential based on extensive research into the business and industry dynamics.
Firefly Aerospace, headquartered in Cedar Park, Texas, designs and manufactures space launch vehicles. The company went public on August 7, 2025, and provides mission solutions to national security, government, and commercial clients. Its offerings include the Alpha and Eclipse rockets, as well as the Blue Ghost lander and Elytra spacecraft, all showcasing advanced technology and flight heritage.
Currently, Firefly Aerospace has a market capitalization of $2.7 billion and reported an EPS of -3.40 for the trailing twelve months. Upcoming earnings are scheduled for November 12, 2025, with an estimated EPS of -0.41 and revenue of $28.0 million.
Analyst consensus indicates a Buy rating, with recent actions from various firms, including Deutsche Bank, Cantor Fitzgerald, Goldman Sachs, and Jefferies, all initiating coverage on September 2, 2025.
This update provides insight into the evolving landscape of analyst ratings, which can shift as new data emerges. Investors should consider a range of factors, including company fundamentals and market trends, when making decisions.