Virgin Galactic Holdings, Inc. (SPCE)
NYSE: SPCE · IEX Real-Time Price · USD
0.888
+0.027 (3.15%)
At close: Apr 26, 2024, 4:00 PM
0.861
-0.027 (-3.03%)
After-hours: Apr 26, 2024, 6:27 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 2.78, with a low estimate of 1.00 and a high estimate of 5.20. The average target predicts an increase of 213.24% from the current stock price of 0.89.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 6 | 4 | 4 | 4 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $1.75 → $1 | Sell | Maintains | $1.75 → $1 | +12.68% | Apr 4, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $3 → $2 | Hold | Maintains | $3 → $2 | +125.35% | Feb 28, 2024 |
| Truist Securities | Truist Securities | Strong Sell → Hold Upgrades $1 → $3 | Strong Sell → Hold | Upgrades | $1 → $3 | +238.03% | Jan 10, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $4 → $1.75 | Hold → Sell | Downgrades | $4 → $1.75 | +97.18% | Nov 22, 2023 |
| Susquehanna | Susquehanna | Hold Maintains $3.75 → $2 | Hold | Maintains | $3.75 → $2 | +125.35% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
5.32M
from 6.80M
Decreased by -21.76%
Revenue Next Year
3.37M
from 5.32M
Decreased by -36.73%
EPS This Year
-1.00
from -1.49
EPS Next Year
-0.75
from -1.00
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.9M | 6.5M | 192.2M | 622.7M | 1.4B |
| Avg | 5.3M | 3.4M | 122.7M | 487.6M | 1.3B |
| Low | 3.3M | 392,000 | 20.8M | 355.7M | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.6% | 22.4% | 5,608.6% | 407.3% | 181.2% |
| Avg | -21.8% | -36.7% | 3,546.2% | 297.3% | 173.2% |
| Low | -51.0% | -92.6% | 516.8% | 189.9% | 162.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.78 | -0.62 | -0.33 | -0.03 |
| Avg | -1.00 | -0.75 | -0.46 | -0.03 |
| Low | -1.32 | -1.01 | -0.51 | -0.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.