FLY stock has recorded a 4.3% decline over the past month, underperforming the broader consumer discretionary sector, which gained 1.8% during the same period. Analysts note inconsistent revenue growth and elevated operational costs as key challenges.
- FLY stock declined 4.3% over the past month, outperforming sector by -6.1 percentage points
- Q3 2025 revenue: $1.42 billion (+6.1% YoY), operating margin: 12.3% (-2.4 pp YoY)
- Logistics and marketing expenses rose 18% and 14% year-over-year
- Price-to-earnings ratio: 22.1, above sector average of 18.5
- 1.1 million shares traded on December 6, 2025, indicating heightened volatility
- Next earnings report: January 22, 2026
FLY stock closed at $28.71 on December 8, 2025, marking a 4.3% drop over the prior 30 days. This underperformance contrasts with the S&P 500 Consumer Discretionary Index, which rose 1.8% over the same timeframe. The divergence highlights growing investor concern over the company’s recent earnings trajectory and margin pressures. A review of the company’s Q3 2025 financials reveals revenue of $1.42 billion, a 6.1% increase year-over-year, but operating margins narrowed to 12.3% from 14.7% in the comparable quarter. This 2.4 percentage point decline reflects rising logistics and marketing expenses, which rose 18% and 14% respectively compared to Q3 2024. Despite a 9.4% rise in customer acquisition, average order value dropped by 2.8%, suggesting pricing pressure. Analyst sentiment has shifted cautiously negative, with two major firms downgrading the stock to 'Hold' from 'Buy' in early December. The downgrade follows a 23% increase in the company’s share count over the past two years due to equity-based compensation, diluting per-share earnings. The current price-to-earnings ratio stands at 22.1, above the sector average of 18.5, indicating a premium valuation relative to peers. The stock’s performance is now closely watched by institutional investors managing exposure to discretionary consumer stocks. A notable 1.1 million shares changed hands on December 6, signaling increased short-term volatility. FLY’s upcoming Q4 earnings report, scheduled for January 22, 2026, will be a critical inflection point for investor confidence.