What is KeyCorp’s Forecast for FLY Q2 Earnings?

Firefly Aerospace, Inc. (NASDAQ:FLY) – Stock analysts at KeyCorp issued their Q2 2026 earnings estimates for shares of Firefly Aerospace in a research report issued to clients and investors on Sunday, June 14th. KeyCorp analyst M. Leshock forecasts that the company will post earnings of ($0.51) per share for the quarter. KeyCorp has a “Overweight” rating and a $50.00 price objective on the stock. The consensus estimate for Firefly Aerospace’s current full-year earnings is ($1.95) per share. KeyCorp also issued estimates for Firefly Aerospace’s Q3 2026 earnings at ($0.54) EPS.

Other research analysts have also recently issued research reports about the stock. Cantor Fitzgerald dropped their price target on shares of Firefly Aerospace from $65.00 to $35.00 and set an “overweight” rating on the stock in a research note on Thursday, March 26th. UBS Group set a $33.00 price target on shares of Firefly Aerospace in a research note on Thursday, March 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $35.00 price target on shares of Firefly Aerospace in a research note on Tuesday, May 5th. Morgan Stanley lifted their price target on shares of Firefly Aerospace from $33.00 to $37.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 5th. Finally, Roth Mkm lifted their price target on shares of Firefly Aerospace from $35.00 to $60.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Firefly Aerospace currently has an average rating of “Moderate Buy” and an average target price of $42.20.

Firefly Aerospace Trading Up 4.7%

NASDAQ:FLY opened at $33.36 on Tuesday. The company has a 50 day simple moving average of $39.78 and a two-hundred day simple moving average of $29.35. The company has a market cap of $5.35 billion and a PE ratio of -4.09. Firefly Aerospace has a 12 month low of $16.00 and a 12 month high of $73.80. The company has a current ratio of 2.53, a quick ratio of 2.53 and a debt-to-equity ratio of 0.02.

Firefly Aerospace (NASDAQ:FLY) last posted its earnings results on Monday, May 4th. The company reported ($0.46) EPS for the quarter, topping analysts’ consensus estimates of ($0.50) by $0.04. Firefly Aerospace had a negative net margin of 181.16% and a negative return on equity of 40.96%. The business had revenue of $80.88 million during the quarter. During the same period last year, the firm posted ($5.09) EPS. The company’s revenue for the quarter was up 44.8% on a year-over-year basis.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. BNP Paribas Financial Markets purchased a new position in shares of Firefly Aerospace during the 3rd quarter valued at $26,000. CIBC Private Wealth Group LLC purchased a new position in shares of Firefly Aerospace during the 3rd quarter valued at $26,000. KBC Group NV purchased a new position in shares of Firefly Aerospace during the 1st quarter valued at $38,000. California State Teachers Retirement System purchased a new position in shares of Firefly Aerospace during the 4th quarter valued at $30,000. Finally, Russell Investments Group Ltd. purchased a new position in shares of Firefly Aerospace during the 4th quarter valued at $38,000.

Insider Buying and Selling at Firefly Aerospace

In related news, General Counsel David Leigh Wheeler sold 3,766 shares of Firefly Aerospace stock in a transaction on Friday, April 17th. The shares were sold at an average price of $45.04, for a total transaction of $169,620.64. Following the transaction, the general counsel owned 142,758 shares in the company, valued at approximately $6,429,820.32. The trade was a 2.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 7.50% of the company’s stock.

About Firefly Aerospace

Firefly Aerospace (NASDAQ:FLY) is a U.S.-based aerospace company that designs, manufactures and operates launch vehicles and in-space systems for commercial, civil and national security customers. The company focuses on providing end-to-end small- and medium-lift launch services, mission integration and spacecraft hardware to support satellite deployment and on-orbit operations.

Firefly’s product portfolio includes the Alpha small launch vehicle, developed to carry small satellites to low Earth orbit, and plans for larger vehicles and in-space capabilities to address a range of payload sizes and mission profiles.