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Reading: Roth Capital Reiterates Purchase on Firefly Aerospace (FLY) After Profitable Alpha Mission Launch
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Business

Roth Capital Reiterates Purchase on Firefly Aerospace (FLY) After Profitable Alpha Mission Launch

Editor
Last updated: March 20, 2026 4:19 am
Editor
Published: March 20, 2026
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Roth Capital Reiterates Purchase on Firefly Aerospace (FLY) After Profitable Alpha Mission Launch


Firefly Aerospace Inc. (NASDAQ:FLY) is among the 10 Greatest House Exploration Shares to Purchase In response to Analysts.

Roth Capital Reiterates Purchase on Firefly Aerospace (FLY) After Profitable Alpha Mission Launch

On March 12, 2026, Roth Capital reiterated its Purchase ranking on Firefly Aerospace Inc. (NASDAQ:FLY) whereas sustaining a worth goal of $30 on the corporate’s inventory. The replace follows the profitable rocket launch of FLTA0007 Alpha mission, which included a exact payload supply for Lockheed Martin (LMT). In response to the agency, this profitable return-to-flight for Alpha after a earlier anomaly paves the best way for a number of potential launches in upcoming quarters. Moreover, the agency famous that the transition to the superior Block II Alpha rocket could lead on the corporate to high-value alternatives, together with the rapid-response hypersonic market and the Golden Dome.

Previous to this, on March 11, 2026, Firefly Aerospace Inc. (NASDAQ:FLY) introduced the launch of the Alpha Flight 7 mission from Vandenberg. Adam Oakes, Vice President of Launch at Firefly Aerospace Inc. (NASDAQ:FLY), acknowledged that the launch validated Alpha’s efficiency forward of the Block II improve.

I’m extremely pleased with the Firefly staff for persevering with to outline perseverance. We have now full confidence in our Alpha rocket, and we’re dedicated to steady enchancment as we roll out Block II.

Based in 2017, Firefly Aerospace Inc. (NASDAQ:FLY) is an area and protection know-how firm that gives house launch autos. Its headquarters is in Texas.

Whereas we acknowledge the potential of FLY as an funding, we consider sure AI shares provide better upside potential and carry much less draw back danger. Should you’re in search of an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.

READ NEXT: 10 Greatest Asset Administration Shares to Purchase Proper Now and 10 Greatest Shares to Spend money on Throughout a Recession

Disclosure: None. Comply with Insider Monkey on Google Information.

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Reading: Roth Capital Reiterates Purchase on Firefly Aerospace (FLY) After Profitable Alpha Mission Launch
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