Moderna, JFrog, TransMedics, Ubiquiti And Other Big Stocks Moving Higher On Friday
U.S. stocks rose, Nasdaq gained ~400 points. Moderna jumped 9.1% on strong Q3 results and higher FY26 guidance; other stocks rallied on results and deals.
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B. Riley Securities has reaffirmed its 'Buy' rating on Firefly Aerospace while adjusting the price target downward from $50 to $40.
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U.S. stocks rose, Nasdaq gained ~400 points. Moderna jumped 9.1% on strong Q3 results and higher FY26 guidance; other stocks rallied on results and deals.
KeyBanc analyst Michael Leshock has maintained a bullish rating on Firefly Aerospace while lowering the price target from $50 to $35.
Firefly Aerospace stock has declined 75% from its August 2025 high of $73.80 to around $18.23, but the analyst views it as an attractive speculative opportunity. The company demonstrated proven lunar landing capabilities with its Blue Ghost mission, reported 659% year-over-year revenue growth to $117.7 million in Q2 2026, and secured $144 million in NASA contracts. Despite being unprofitable and trading at 10x trailing revenue, Firefly's diversified space capabilities and government relationships position it for long-term growth potential.
SciTec, a subsidiary of Firefly Aerospace, has reached a new operational milestone for the U.S. Space Force's Future Operationally Resilient Ground Evolution (FORGE) system by integrating advanced geostationary Earth orbit sensor data.
Firefly Aerospace has successfully completed the preliminary design review (PDR) for its Elytra orbital spacecraft, marking a key development milestone less than four months after the contract award.
Firefly Aerospace has successfully completed the preliminary design review (PDR) for its Elytra spacecraft, which is tasked with delivering NASA-managed drones to the Moon's south pole.