Firefly Aerospace Inc. (NASDAQ:FLY) is one of the 10 Best Space Exploration Stocks to Buy According to Analysts.
On March 12, 2026, Roth Capital reiterated its Buy rating on Firefly Aerospace Inc. (NASDAQ:FLY) while maintaining a price target of $30 on the company’s stock. The update follows the successful rocket launch of FLTA0007 Alpha mission, which included a precise payload delivery for Lockheed Martin (LMT). According to the firm, this successful return-to-flight for Alpha after a previous anomaly paves the way for multiple potential launches in upcoming quarters. Additionally, the firm noted that the transition to the advanced Block II Alpha rocket could lead the company to high-value opportunities, including the rapid-response hypersonic market and the Golden Dome.
Prior to this, on March 11, 2026, Firefly Aerospace Inc. (NASDAQ:FLY) announced the launch of the Alpha Flight 7 mission from Vandenberg. Adam Oakes, Vice President of Launch at Firefly Aerospace Inc. (NASDAQ:FLY), stated that the launch validated Alpha’s performance ahead of the Block II upgrade.
I’m incredibly proud of the Firefly team for continuing to define perseverance. We have full confidence in our Alpha rocket, and we’re committed to continuous improvement as we roll out Block II.
Founded in 2017, Firefly Aerospace Inc. (NASDAQ:FLY) is a space and defense technology company that provides space launch vehicles. Its headquarters is in Texas.
While we acknowledge the potential of FLY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Asset Management Stocks to Buy Right Now and 10 Best Stocks to Invest in During a Recession
Disclosure: None. Follow Insider Monkey on Google News.
