Roth Capital raised the firm’s price target on FireFly Aerospace (FLY) to $35 from $30 and keeps a Buy rating on the shares. The company reported Q4 revenue growth and guided for further growth in 2026 consistent with expectations, the analyst tells investors in a research note. The firm says that while FireFly was impacted by a launch pushout, it is “encouraged by the expected stabilizing launch cadence” in 2026. The company has “significant backlog coverage” into near-term growth with upside from incremental program opportunities in the coming quarters, the analyst tells investors in a research note.
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