flyExclusive initiated with a Buy at Lucid Capital

Lucid Capital initiated coverage of flyExclusive (FLYX) with a Buy rating and $7 price target The company’s growth accelerated in 2025 and demand for private air travel is “red-hot,” the analyst tells investors in a research note. The firm sees flyExclusive’s years-long effort to optimize its fleet to result in “positive-and-growing” EBITDA in 2026. At current share levels, the market is overlooking the company’s potential for “substantial” multi-year growth in revenue and profitability, contends Lucid.