Virgin Galactic Holdings, Inc. (SPCE)
NYSE: SPCE · IEX Real-Time Price · USD
7.94
+0.01 (0.13%)
At close: Jul 2, 2024, 4:00 PM
8.00
+0.06 (0.77%)
After-hours: Jul 2, 2024, 7:54 PM EDT
Virgin Galactic Holdings Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for SPCE stock have an average target of 37, with a low estimate of 15 and a high estimate of 70. The average target predicts an increase of 365.99% from the current stock price of 7.94.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SPCE stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 4 | 4 | 4 | 4 | 3 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 6 | 6 | 6 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $1.75 → $35 | Sell | Maintains | $1.75 → $35 | +340.81% | Jun 20, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $50 → $40 | Strong Buy | Maintains | $50 → $40 | +403.78% | May 13, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $80 → $70 | Hold | Maintains | $80 → $70 | +781.61% | May 13, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $20 → $15 | Sell | Maintains | $20 → $15 | +88.92% | May 9, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $40 → $22 | Hold | Maintains | $40 → $22 | +177.08% | May 8, 2024 |
Financial Forecast
Revenue This Year
6.21M
from 6.80M
Decreased by -8.69%
Revenue Next Year
2.24M
from 6.21M
Decreased by -63.86%
EPS This Year
-0.97
from -29.80
EPS Next Year
-0.72
from -0.97
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.8M | 5.3M | 192.2M | 470.9M | 917.7M |
| Avg | 6.2M | 2.2M | 122.9M | 370.4M | 705.2M |
| Low | 4.9M | 392,000 | 21.3M | 265.6M | 585.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.3% | -15.4% | 8,462.8% | 283.2% | 147.7% |
| Avg | -8.7% | -63.9% | 5,375.9% | 201.5% | 90.4% |
| Low | -27.9% | -93.7% | 851.2% | 116.1% | 57.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.77 | -0.46 | -0.16 | -0.63 | 4.83 |
| Avg | -0.97 | -0.72 | -0.42 | -0.61 | 4.69 |
| Low | -1.15 | -1.01 | -0.51 | -0.59 | 4.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | - |
| Avg | - | - | - | - | - |
| Low | - | - | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.