Why Firefly Aerospace Inc. (FLY) Stock Rose 12.3% on Nov 11, 2026
as of yesterday, 4:30 PM ET
The reason we found
Firefly rallies on surging revenue and major AST SpaceMobile deal
Firefly reported 259% third-quarter revenue growth, raised its 2026 outlook, and highlighted a more than $1.3 billion engine technology agreement with AST SpaceMobile. Strong demand, a record backlog, and a higher analyst price target provide several credible catalysts for the 12.32% share increase.
earnings and contracthigh confidence
Sources 12
- Firefly Aerospace shares dip modestly despite widening losses and record backlogproactiveinvestors.com
- Firefly Stock’s Rally Hits a Wall. Even an Earnings Beat Isn’t Enough.finance.yahoo.com
- Firefly Aerospace Inc. (FLY) Q3 2026 Earnings Call Transcript | Seeking Alphaseekingalpha.com
- Firefly: AST SpaceMobile Deal Turns The Launch Bottleneck Into A Growth Enginefinnhub.io
- B. Riley Securities Maintains Buy on Firefly Aerospace, Raises Price Target to $54finnhub.io
- Firefly Aerospace CEO Says Rocket Demand Is Outstripping Supply: 'More Customers Than We Have Rockets'finnhub.io
- Firefly Aerospace Inc (FLY) Q3 2026 Earnings Call Highlights: Record $1. ...finnhub.io
- What Firefly Aerospace (FLY) Said on Its Q3 Earnings Callfinnhub.io
- Firefly Aerospace Inc. (FLY) Q3 2026 Earnings Call Transcriptfinnhub.io
- Firefly Aerospace (FLY) Reports Q3 Loss, Beats Revenue Estimatesnasdaq.com
- Firefly Aerospace (NASDAQ:FLY) Posts Q3 Beat as Revenue Tops Estimates, Shares Slip on In-Line Outlookfinnhub.io
- Firefly Aerospace: Q3 Earnings Snapshotfinnhub.io
Our call
Buy moredated Nov 11, 2026
Firefly Aerospace's sales grew 179% over the past year, and the stock rose 55% over the past four trading days after its Nov 10 report beat profit forecasts by 9.4%. We'd stop buying if Firefly Aerospace's next report shows sales growth below 90% or misses profit forecasts.
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