Firefly Aerospace Has Room To Run

Firefly Aerospace remains a compelling buy, with robust Q4 results, accelerating revenue growth, and a strong financial position supporting the investment thesis. Full-stack space infrastructure capabilities, including recent acquisitions and collaborations, provide a competitive edge in both government and commercial markets. Guidance for 2026 revenues of $420–$450 million implies 172% YoY growth, with a healthy backlog and successful mission execution underpinning momentum.