Firefly Aerospace stock price jumps after Morgan Stanley target hike — what traders watch next week

New York, Jan 18, 2026, 07:26 EST — Market closed.

  • Firefly Aerospace shares ended Friday up 12.3%, closing at $33.41 as the market heads into a holiday-shortened week.
  • Morgan Stanley raised its price target to $33 from $27 but maintained a neutral “Equal Weight” rating.
  • Focus now turns to the timing of Alpha Flight 7 and the Feb. 7 share lock-up expiry linked to a previous deal.

Shares of Firefly Aerospace Inc (FLY.O) jumped 12.3% to close at $33.41 on Friday, with roughly 5 million shares traded. The surge came after a Morgan Stanley analyst raised their price target. U.S. markets will be closed Monday for Martin Luther King Jr. Day and resume trading Tuesday. (Nasdaq)

The jump follows renewed investor…

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