Firefly Aerospace Likely To Report Higher Q3 Revenue; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Firefly Aerospace Inc. (NASDAQ:FLY) will release earnings for its third quarter after the closing bell on Tuesday, Nov. 10.

Analysts expect the Leander, Texas-based company to report a quarterly loss of 49 cents per share, versus a loss of 55 cents per share in the year-ago period. The consensus estimate for FLY’s quarterly revenue is $103.15 million. It reported $30.78 million last year, according to Benzinga Pro.

On Nov. 6, Firefly Aerospace announced a rocket engine agreement with AST SpaceMobile Inc. (NASDAQ:ASTS) valued at more than $1.3 billion.

Firefly Aerospace shares gained 17.1% to close at $24.31 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• B. Riley Securities analyst Mike Crawford maintained a Buy rating and cut the price target from $50 to $40 on Nov. 4, 2026. This analyst has an accuracy rate of 80%.
• Keybanc analyst Michael Leshock maintained an Overweight rating and slashed the price target from $50 to $35 on Nov. 2, 2026. This analyst has an accuracy rate of 61%.
• Roth Capital analyst Suji Desilva maintained a Buy rating and cut the price target from $60 to $45 on Aug. 12, 2026. This analyst has an accuracy rate of 75%.
• Cantor Fitzgerald analyst Colin Canfield maintained an Overweight rating with a price target of $35 on Aug. 12, 2026. This analyst has an accuracy rate of 66%.
• Wells Fargo analyst David Strauss initiated coverage on the stock with an Equal-Weight rating and a price target of $25 on June 27, 2026. This analyst has an accuracy rate of 75%.

Considering buying FLY stock? Here’s what analysts think:

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