Firefly Aerospace: Riding The Space Race Higher

Stone Fox Capital Investing Group Leader Follow Summary Firefly Aerospace Inc. trading at a discount to peers amid strong quarterly results and robust backlog growth. The Q2 backlog surged to a record $1.5 billion, supported by moon landing missions and Lockheed Martin launches, supporting a strong long-term growth trajectory. FLY's revenue guidance for 2026 remains $420–$450 million, with order timing causing quarterly volatility. The stock only trades at 4x 2028 sales targets, while rocket launch companies trade at multiples of this price. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios. Learn More » imaginima/E+ via Getty Images Firefly Aerospace Inc. ( FLY ) was an amazing gift on the dip back to support around $20. The space infrastructure company continues to pull large orders as Firefly expands manufacturing capabilities to ride the space race. My This article was written by Stone Fox Capital 56.55K Followers Follow Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager. Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions. Learn more. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in FLY over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The information contained herein is for informational purposes only. Nothing in this article should be taken as a solicitation to purchase or sell securities. Before buying or selling any stock, you should do your own research and reach your own conclusion or consult a financial advisor. Investing includes risks, including loss of principal. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.