Virgin Galactic Holdings, Inc. (SPCE)

NYSE: SPCE · IEX Real-Time Price · USD
0.920
+0.168 (22.38%)
At close: Apr 23, 2024, 4:00 PM
0.910
-0.010 (-1.11%)
Pre-market: Apr 24, 2024, 4:53 AM EDT
22.38%
Market Cap 378.48M
Revenue (ttm) 6.80M
Net Income (ttm) -502.34M
Shares Out 411.30M
EPS (ttm) -1.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 62,935,211
Open 0.760
Previous Close 0.752
Day's Range 0.751 - 0.999
52-Week Range 0.703 - 6.168
Beta 1.71
Analysts Hold
Price Target 2.78 (+202.11%)
Earnings Date May 7, 2024

About SPCE

Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. The company engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. is headquartered in Tustin, California. [Read more]

Sector Industrials
Founded 2017
Employees 805
Stock Exchange NYSE
Ticker Symbol SPCE
Full Company Profile

Financial Performance

In 2023, SPCE's revenue was $6.80 million, an increase of 194.12% compared to the previous year's $2.31 million. Losses were -$502.34 million, 0.44% more than in 2022.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for SPCE stock is "Hold." The 12-month stock price forecast is $2.78, which is an increase of 202.11% from the latest price.

Price Target
$2.78
(202.11% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Virgin Galactic Announces Date of First Quarter 2024 Financial Results and Conference Call

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the first quarter...

13 hours ago - Business Wire

Virgin Galactic skyrockets 18%, stock on pace for biggest gain in 10 months

Shares of Virgin Galactic Holdings Inc. skyrocketed 18.5% Tuesday, putting the stock on pace for its biggest gain since June 20, 2023, when it rose 27.1%, according to Dow Jones Market Data.

16 hours ago - Market Watch

SPCE stock price analysis: Virgin Galactic outlook darkens

Virgin Galactic (NYSE: SPCE) stock price continued its strong sell-off this week after the company announced a plan to do a reverse stock. It crashed by more than 10%, moving to an all-time low of $0....

4 days ago - Invezz

Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the g...

8 days ago - Business Wire

SPCE stock forecast: Virgin Galactic's slow burn continues

Virgin Galactic (NYSE: SPCE) stock price continued its downtrend in the first quarter as concerns about its cash burn continued. It has plunged by more than 44% in the first quarter and by over 64% in...

21 days ago - Invezz

Virgin Galactic Reports Inducement Awards Under NYSE Listing Rule 303A.08

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the g...

5 weeks ago - Business Wire

Analyst on why Virgin Galactic is doing a 'great job,' could be a leader in space tourism

Virgin Galactic (SPCE) reported its fourth-quarter earnings, missing expectations on both the top and bottom line, with $2.81 billion in revenue against an expected $2.98 billion. The space tourism co...

7 weeks ago - Yahoo Finance

Virgin Galactic Stock Is Dropping After Earnings Beat. Here's Why.

Space-tourism firm Virgin Galactic reported a fourth-quarter loss that was narrower than expected, but guidance for the top line disappointed.

7 weeks ago - Barrons

Virgin Galactic narrows losses, but the space-tourism stock drops

Virgin Galactic Holdings Inc. lost less money than expected in the latest quarter, but its stock declined in Tuesday's extended session.

2 months ago - Market Watch

Virgin Galactic Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the fourth quarter and full year ende...

2 months ago - Business Wire

Virgin Galactic Announces Date of Fourth Quarter and Full Year 2023 Financial Results and Conference Call

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the fourth quarte...

2 months ago - Business Wire

Richard Branson's Virgin Galactic grounded after part ‘detaches' on $450K space tourism voyage

The pin was used to hold together the "mothership" VMS Eve that pilots the voyage and the rocket that carries tourists into outer space.

2 months ago - New York Post

Virgin Galactic investigating anomaly discovered after last crewed suborbital mission

Virgin Galactic is working with regulators to investigate an issue with an alignment pin that was discovered after the last crewed suborbital flight in January. During post-flight reviews, Virgin said...

2 months ago - TechCrunch

Virgin Galactic reports flight-related issue to FAA

Space tourism company Virgin Galactic Holdings said on Monday that it had notified the Federal Aviation Administration (FAA) of a detachment of an alignment pin from its VMS Eve carrier jet.

2 months ago - Reuters

Virgin Galactic says pin ‘detached' from mothership's launching pylon, reports issue to FAA

Virgin Galactic Holdings Inc. said late Monday that an alignment pin became detached from a portion of the mothership-launching apparatus during a recent spaceflight, but that there was no “safety imp...

2 months ago - Market Watch

Virgin Galactic Reports Flight Issue to FAA

Company says an alignment pin detached during its most recent spaceflight, but that it didn't pose a safety risk to the crew on board.

2 months ago - WSJ

Virgin Galactic ‘blasting off to positive cash flow in mid-2026,' analyst says

Virgin Galactic Holdings Inc. is set for a major cash-flow boost when its new Delta-class spacecraft enters service in 2026, according to T.D. Cowen.

2 months ago - Market Watch

Virgin Galactic shares climb premarket after two-day slide

Shares of Virgin Galactic Holdings Inc. are up 3.9% in premarket trades Thursday, after sliding over the last two days.

2 months ago - Market Watch

Investing in the stars: Space economy stocks to buy, avoid

Fortuna Investments Founder and CEO Justus Parmar joins Yahoo Finance's Julie Hyman for a new installment of Good Buy or Goodbye, focusing on the space economy and investment in space exploration. Jus...

Other symbols: RKLB
2 months ago - Yahoo Finance

Virgin Galactic Completes 11th Successful Spaceflight

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced the completion of its first spaceflight of 2024 and 11th missio...

3 months ago - Business Wire

Virgin Galactic shares fall ahead of penultimate Unity spacecraft mission

Virgin Galactic Holdings Inc. is preparing for the penultimate mission of its Unity spacecraft before it halts commercial operations to develop its new Delta-class spacecraft.

3 months ago - Market Watch

Space stocks slide, led by Virgin Galactic

The space tourism company is on pace to extend its losing streak to two days and register its biggest single-day percentage decline since Tuesday, when it fell 7.6%. Virgin Galactic SPCE, -4.73% is cu...

Other symbols: LUNRMNTSPLUFO
3 months ago - Market Watch

Houston, we have a Virgin Galactic problem, strategist says

As geopolitical risks and investment in scientific advancements for space exploration continue, many investors are curious how to manage their portfolios to capitalize on potential aerospace winners. ...

Other symbols: NOC
3 months ago - Yahoo Finance

Virgin Galactic's stock rises after Truist upgrade

Virgin Galactic Holdings Inc. shares rose 4% in premarket trade Wednesday after Truist Securities upgraded the stock to hold from sell and raised its price target to $3 from $1.

3 months ago - Market Watch

Virgin Galactic Stock Rises After Upgrade. Its Spacecraft Pivot Is Applauded.

Truist analyst Michael Ciarmoli bumped the shares of space tourism pioneer to Hold from Sell. His target price went to $3 a share from $1.

3 months ago - Barrons