JP Morgan initiates coverage on Firefly Aerospace with Overweight rating, PT $55.

JP Morgan initiates coverage on Firefly Aerospace with Overweight rating, PT $55.

September 02, 2025 - JP Morgan has initiated coverage on Firefly Aerospace, assigning an Overweight rating and a price target of $55 per share. The investment bank's analysts, led by [Analyst's Name], have expressed confidence in the company's growth prospects, particularly in the small satellite launch market.

Firefly Aerospace, a leading provider of small satellite launch vehicles, has been gaining traction in the aerospace industry. The company's recent successful missions and strategic partnerships have positioned it as a key player in the small satellite launch segment. JP Morgan's analysts believe that Firefly's innovative approach and strong market position will drive significant growth in the coming years.

The Overweight rating indicates that JP Morgan expects Firefly Aerospace's stock to perform better than the broader market. The price target of $55 suggests that the analysts anticipate a substantial increase in the company's share price. This positive outlook reflects the investment bank's bullish stance on Firefly's future performance and growth potential.

For more information on Firefly Aerospace and JP Morgan's coverage, please refer to the following sources:

[1] https://site.financialmodelingprep.com/