View ValuationVirgin Galactic Holdings 향후 성장Future 기준 점검 5/6Virgin Galactic Holdings (는) 각각 연간 73% 및 47.3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 90.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 -41.7% 로 예상됩니다.핵심 정보73.0%이익 성장률90.11%EPS 성장률Aerospace & Defense 이익 성장18.9%매출 성장률47.3%향후 자기자본이익률-41.66%애널리스트 커버리지Good마지막 업데이트18 May 2026최근 향후 성장 업데이트Breakeven Date Change • May 16The 6 analysts covering Virgin Galactic Holdings previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 66% per year to 2027. The company is expected to make a profit of US$28.3m in 2028. Average annual earnings growth of 84% is required to achieve expected profit on schedule.Price Target Changed • Mar 30Price target increased by 9.1% to US$4.50Up from US$4.12, the current price target is an average from 5 analysts. New target price is 107% above last closing price of US$2.17. Stock is down 28% over the past year. The company is forecast to post a net loss per share of US$5.73 next year compared to a net loss per share of US$13.89 last year.Breakeven Date Change • Dec 31Forecast to breakeven in 2028The 6 analysts covering Virgin Galactic Holdings expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$70.9m in 2028. Average annual earnings growth of 55% is required to achieve expected profit on schedule.Major Estimate Revision • Nov 20Consensus EPS estimates upgraded to US$5.61 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$1.76m to US$1.72m. 2025 losses expected to reduce from -US$6.49 to -US$5.61 per share. Aerospace & Defense industry in the US expected to see average net income growth of 26% next year. Consensus price target broadly unchanged at US$4.16. Share price fell 4.4% to US$3.46 over the past week.Major Estimate Revision • Aug 07Consensus revenue estimates increase by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.67m to US$1.93m. EPS estimate unchanged from -US$6.26 at last update. Aerospace & Defense industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$4.50 unchanged from last update. Share price fell 10.0% to US$3.42 over the past week.Price Target Changed • Jun 30Price target decreased by 49% to US$4.46Down from US$8.82, the current price target is an average from 6 analysts. New target price is 63% above last closing price of US$2.73. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$9.40 next year compared to a net loss per share of US$13.89 last year.모든 업데이트 보기Recent updatesSeeking Alpha • May 17Virgin Galactic: Q1 Keeps The Speculative Bull Case AliveSummary Virgin Galactic remains a highly speculative play, but 1Q26 validated operational milestones and kept the commercialization bridge intact. SPCE continues to burn cash and dilute shareholders, yet milestone progress—Delta spaceship ground testing and flight schedules—supports a more concrete bull case. Demand signals are positive, with $750k seat bookings receiving global interest and deposits, countering skepticism on pricing power. Despite ongoing risks—dilution, schedule slippage, regulatory hurdles—I see meaningful upside if SPCE executes toward FY27 commercialization. Read the full article on Seeking AlphaReported Earnings • May 17First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: US$0.81 loss per share (improved from US$2.38 loss in 1Q 2025). Net loss: US$64.7m (loss narrowed 23% from 1Q 2025). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Aerospace & Defense industry in the US.Breakeven Date Change • May 16The 6 analysts covering Virgin Galactic Holdings previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 66% per year to 2027. The company is expected to make a profit of US$28.3m in 2028. Average annual earnings growth of 84% is required to achieve expected profit on schedule.속보 • May 15Virgin Galactic Highlights Progress on Commercial Flights as Liquidity Concerns PersistVirgin Galactic reported a Q1 2026 net loss of $64.7 million, with operating expenses lower than the prior year and only minimal revenue recorded. Management highlighted disciplined cost controls, debt repayments and a focus on preserving cash, but also flagged substantial doubt about the company’s liquidity and ability to continue as a going concern. Development of the next-generation Delta-class SpaceShip has progressed to delivery and ground testing, with flight testing planned for Q3 2026 and first commercial spaceflights targeted for Q4 2026, supported by about 650 reservations at ticket prices of $750,000. The key tension here is between Virgin Galactic’s push toward starting commercial flights and the explicit liquidity concerns that management has raised. For investors following the stock, the main risks to track include funding needs and execution on the Q3 flight tests, since any delays or additional financing requirements could affect dilution, timelines and overall confidence in the business model.공시 • Apr 30Virgin Galactic Holdings, Inc. to Report Q1, 2026 Results on May 14, 2026Virgin Galactic Holdings, Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026공시 • Apr 22Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 11, 2026Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 11, 2026.Recent Insider Transactions Derivative • Apr 12Executive VP exercised options and sold US$88k worth of stockOn the 7th of April, Sarah Kim exercised options to acquire 29k shares at no cost and sold these for an average price of US$3.07 per share. This trade did not impact their existing holding. Since June 2025, Sarah's direct individual holding has increased from 7.09k shares to 33.82k. Company insiders have collectively sold US$383k more than they bought, via options and on-market transactions in the last 12 months.New Risk • Apr 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$438m free cash flow). Shareholders have been substantially diluted in the past year (129% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$1.5m revenue).New Risk • Mar 31New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$438m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$438m free cash flow). Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Minor Risk Revenue is less than US$5m (US$1.5m revenue).Reported Earnings • Mar 31Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: US$5.44 loss per share (improved from US$13.90 loss in FY 2024). Net loss: US$278.9m (loss narrowed 20% from FY 2024). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 5.0%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in the US.Price Target Changed • Mar 30Price target increased by 9.1% to US$4.50Up from US$4.12, the current price target is an average from 5 analysts. New target price is 107% above last closing price of US$2.17. Stock is down 28% over the past year. The company is forecast to post a net loss per share of US$5.73 next year compared to a net loss per share of US$13.89 last year.Recent Insider Transactions Derivative • Mar 24Executive VP exercised options and sold US$29k worth of stockOn the 16th of March, Sarah Kim exercised options to acquire 12k shares at no cost and sold these for an average price of US$2.48 per share. This trade did not impact their existing holding. Since March 2025, Sarah's direct individual holding has increased from 3.94k shares to 7.03k. Company insiders have collectively sold US$77k more than they bought, via options and on-market transactions in the last 12 months.공시 • Mar 24Virgin Galactic Appoints Megan Prichard as Chief Growth Officer, Effective Effective April 6, 2026Virgin Galactic Holdings, Inc. announced the appointment of Megan Prichard as its new Chief Growth Officer (CGO), effective April 6. In this newly established role, Prichard will lead the Company's integrated growth and revenue strategy across all business lines while strengthening Virgin Galactic’s position as the premier platform for suborbital spaceflight expeditions and scientific research. Prichard’s remit includes expanding Virgin Galactic’s existing book of business for both research missions and spaceflight expeditions, accelerating the creation of new spaceports, developing an exclusive set of brand partnerships, and identifying and entering new commercial markets building upon Virgin Galactic’s deep technical talent, intellectual property, and unrivaled experience creation capabilities. Prichard joins Virgin Galactic from Uber, where she served as Head of US Mobility Portfolio. In this capacity, Prichard was responsible for accelerating US ride hail growth and launching and scaling new business lines, including the ultra-premium Uber Elite. Megan has also served as a general manager for Uber’s E-VTOL and micromobility businesses. Before joining Uber, Prichard served as Vice President for Commercialization at Cruise, an autonomous vehicle subsidiary of General Motors. Prichard holds a bachelor’s degree in economics from Yale University and a juris doctorate from the University of Southern California’s Gould School of Law. She began her career as a management consultant at McKinsey & Company. Prichard also serves on the board of Blackline.공시 • Feb 18Virgin Galactic Holdings, Inc. to Report Q4, 2025 Results on Mar 30, 2026Virgin Galactic Holdings, Inc. announced that they will report Q4, 2025 results After-Market on Mar 30, 2026New Risk • Jan 13New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$293m Forecast net loss in 3 years: US$10m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (126% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$10m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$1.7m revenue).Breakeven Date Change • Dec 31Forecast to breakeven in 2028The 6 analysts covering Virgin Galactic Holdings expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$70.9m in 2028. Average annual earnings growth of 55% is required to achieve expected profit on schedule.New Risk • Dec 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$1.7m revenue).공시 • Dec 09Virgin Galactic Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $45.588729 million.Virgin Galactic Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $45.588729 million. Security Name: Common Stock Security Type: Common Stock Security Name: Pre-Funded Warrants Security Type: Equity Warrant Transaction Features: Registered Direct OfferingMajor Estimate Revision • Nov 20Consensus EPS estimates upgraded to US$5.61 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$1.76m to US$1.72m. 2025 losses expected to reduce from -US$6.49 to -US$5.61 per share. Aerospace & Defense industry in the US expected to see average net income growth of 26% next year. Consensus price target broadly unchanged at US$4.16. Share price fell 4.4% to US$3.46 over the past week.Reported Earnings • Nov 16Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: US$1.09 loss per share (improved from US$2.67 loss in 3Q 2024). Net loss: US$64.4m (loss narrowed 14% from 3Q 2024). Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Aerospace & Defense industry in the US.New Risk • Nov 14New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$303m Forecast net loss in 3 years: US$22m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$470m). Currently unprofitable and not forecast to become profitable over next 3 years (US$22m net loss in 3 years). Revenue is less than US$5m (US$1.7m revenue).공시 • Oct 23Virgin Galactic Holdings, Inc. to Report Q3, 2025 Results on Nov 13, 2025Virgin Galactic Holdings, Inc. announced that they will report Q3, 2025 results After-Market on Nov 13, 2025New Risk • Oct 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$470m). Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$1.7m revenue).New Risk • Aug 08New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$470m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$470m). Share price has been volatile over the past 3 months (17% average weekly change). Revenue is less than US$5m (US$1.7m revenue).Reported Earnings • Aug 08Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: US$1.47 loss per share (improved from US$4.37 loss in 2Q 2024). Net loss: US$67.3m (loss narrowed 28% from 2Q 2024). Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates by 37%. Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Aerospace & Defense industry in the US.Major Estimate Revision • Aug 07Consensus revenue estimates increase by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.67m to US$1.93m. EPS estimate unchanged from -US$6.26 at last update. Aerospace & Defense industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$4.50 unchanged from last update. Share price fell 10.0% to US$3.42 over the past week.공시 • Jul 24Virgin Galactic Holdings, Inc. to Report Q2, 2025 Results on Aug 06, 2025Virgin Galactic Holdings, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025Price Target Changed • Jun 30Price target decreased by 49% to US$4.46Down from US$8.82, the current price target is an average from 6 analysts. New target price is 63% above last closing price of US$2.73. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$9.40 next year compared to a net loss per share of US$13.89 last year.공시 • Jun 30+ 16 more updatesVirgin Galactic Holdings, Inc.(NYSE:SPCE) dropped from Russell 2500 IndexVirgin Galactic Holdings, Inc.(NYSE:SPCE) dropped from Russell 2500 IndexNew Risk • Jun 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$470m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$470m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$15m net loss in 3 years).분석 기사 • May 29Here's Why Shareholders May Want To Be Cautious With Increasing Virgin Galactic Holdings, Inc.'s (NYSE:SPCE) CEO Pay PacketKey Insights Virgin Galactic Holdings to hold its Annual General Meeting on 5th of June Total pay for CEO Michael...New Risk • May 27New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$329m Forecast net loss in 3 years: US$15m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$15m net loss in 3 years).Major Estimate Revision • May 22Consensus revenue estimates increase by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.51m to US$1.70m. EPS estimate unchanged at -US$9.45. Aerospace & Defense industry in the US expected to see average net income growth of 20% next year. Consensus price target down from US$8.82 to US$8.11. Share price rose 4.8% to US$3.72 over the past week.Price Target Changed • May 19Price target decreased by 53% to US$4.13Down from US$8.82, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$4.33. Stock is down 78% over the past year. The company is forecast to post a net loss per share of US$9.45 next year compared to a net loss per share of US$13.89 last year.New Risk • May 18New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$329m Forecast net loss in 3 years: US$1.5m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$1.5m net loss in 3 years).New Risk • May 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (102% increase in shares outstanding).Reported Earnings • May 16First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: US$2.38 loss per share (improved from US$5.10 loss in 1Q 2024). Net loss: US$84.5m (loss narrowed 17% from 1Q 2024). Revenue exceeded analyst estimates by 61%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Aerospace & Defense industry in the US.Seeking Alpha • Apr 30Virgin Galactic: One Spark Could Set This Doomed Stock On Fire, But It Takes NerveSummary Virgin Galactic faces a highly speculative future with two possible outcomes: bankruptcy or success in the space tourism market. The company has cash to survive for the next couple of years, but significant risks remain with delays, high cash burn, and debt issues. Despite a low stock valuation, Virgin Galactic's stock could see a sharp rise if any positive news or catalysts emerge. Investors seeking high upside with lower risk might consider long-term call options (LEAPS) rather than buying the stock directly. The company’s future success all comes down to hitting some pretty big goals by 2026, but there’s a lot that could go wrong along the way. Read the full article on Seeking Alpha공시 • Apr 24Virgin Galactic Holdings, Inc. to Report Q1, 2025 Results on May 15, 2025Virgin Galactic Holdings, Inc. announced that they will report Q1, 2025 results After-Market on May 15, 2025공시 • Apr 16Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 05, 2025Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 05, 2025.New Risk • Apr 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$98.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$43m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$98.4m market cap).New Risk • Mar 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$43m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change).Major Estimate Revision • Mar 14Consensus revenue estimates decrease by 26%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$1.96m to US$1.46m. EPS estimate unchanged at -US$9.54 per share. Aerospace & Defense industry in the US expected to see average net income growth of 23% next year. Consensus price target broadly unchanged at US$8.82. Share price fell 3.0% to US$3.26 over the past week.Major Estimate Revision • Mar 05Consensus revenue estimates increase by 50%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.31m to US$1.96m. EPS estimate fell from -US$9.11 to -US$9.51 per share. Aerospace & Defense industry in the US expected to see average net income growth of 21% next year. Consensus price target down from US$13.57 to US$8.93. Share price fell 16% to US$3.40 over the past week.Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: US$13.90 loss per share (improved from US$29.79 loss in FY 2023). Net loss: US$346.7m (loss narrowed 31% from FY 2023). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Aerospace & Defense industry in the US.공시 • Feb 13Virgin Galactic Holdings, Inc. to Report Q4, 2024 Results on Feb 26, 2025Virgin Galactic Holdings, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025Seeking Alpha • Jan 23Virgin Galactic: Downward SpiralSummary Virgin Galactic's declining market capitalization is undermining its ability to raise capital. This is important because of its high cash burn and declining cash balance. Meaningful revenue is likely still at least 2 years away and positive cash flow even further away. The company's tenuous position is made worse by a debt maturity date that is drawing nearer. Read the full article on Seeking AlphaNew Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$67m net loss in 3 years). Share price has been volatile over the past 3 months (12% average weekly change).Price Target Changed • Nov 13Price target decreased by 11% to US$12.17Down from US$13.67, the current price target is an average from 6 analysts. New target price is 72% above last closing price of US$7.08. Stock is down 84% over the past year. The company is forecast to post a net loss per share of US$14.79 next year compared to a net loss per share of US$29.79 last year.Major Estimate Revision • Nov 13Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from US$6.21m to US$6.86m. Forecast losses expected to reduce from -US$74.25 to -US$14.79 per share. Aerospace & Defense industry in the US expected to see average net income growth of 24% next year. Consensus price target of US$14.40 unchanged from last update. Share price rose 2.6% to US$7.06 over the past week.Reported Earnings • Nov 07Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: US$2.67 loss per share (improved from US$5.57 loss in 3Q 2023). Net loss: US$74.5m (loss narrowed 29% from 3Q 2023). Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Aerospace & Defense industry in the US.공시 • Nov 07Virgin Galactic Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $300 million.Virgin Galactic Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $300 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering공시 • Oct 24Virgin Galactic Holdings, Inc. to Report Q3, 2024 Results on Nov 06, 2024Virgin Galactic Holdings, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024Price Target Changed • Oct 11Price target decreased by 7.3% to US$12.67Down from US$13.67, the current price target is an average from 6 analysts. New target price is 103% above last closing price of US$6.25. Stock is down 81% over the past year. The company is forecast to post a net loss per share of US$88.47 next year compared to a net loss per share of US$29.79 last year.Seeking Alpha • Sep 20Virgin Galactic: I Like The Vision, But Execution Is The KeySummary Virgin Galactic's potential hinges on achieving ambitious flight goals; execution and early results are crucial before considering a rating upgrade. SPCE's cash reserves are tight, with significant negative FCF expected through FY25. The long-term market potential is significant, but I remain cautious, awaiting execution in FY25 and FY26 before revising my rating. Read the full article on Seeking AlphaSeeking Alpha • Aug 28Virgin Galactic: Pipe Dream Business Still Lacks Meaningful, Sustainable ModelSummary Virgin Galactic has a sensible balance sheet but is plagued by massive losses and minimal revenue, making it a risky investment. The company's strategy to lower operating costs and expand capacity is challenged by an uncertain market for commercial spaceflight. Economic sensitivity and safety concerns further jeopardize Virgin Galactic's potential, with discretionary spending likely to decline in economic downturns. Despite the futuristic appeal, the company's history and financial projections indicate it's not a viable investment; I recommend a strong sell. Read the full article on Seeking AlphaPrice Target Changed • Aug 11Price target increased by 8.5% to US$43.20Up from US$39.83, the current price target is an average from 5 analysts. New target price is 604% above last closing price of US$6.14. Stock is down 91% over the past year. The company is forecast to post a net loss per share of US$19.19 next year compared to a net loss per share of US$29.79 last year.Price Target Changed • Aug 09Price target decreased by 8.7% to US$38.50Down from US$42.17, the current price target is an average from 6 analysts. New target price is 527% above last closing price of US$6.14. Stock is down 91% over the past year. The company is forecast to post a net loss per share of US$19.19 next year compared to a net loss per share of US$29.79 last year.Reported Earnings • Aug 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: US$4.37 loss per share (improved from US$9.17 loss in 2Q 2023). Revenue: US$4.22m (up 125% from 2Q 2023). Net loss: US$93.8m (loss narrowed 30% from 2Q 2023). Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Aerospace & Defense industry in the US.공시 • Jul 25Virgin Galactic Holdings, Inc. to Report Q2, 2024 Results on Aug 07, 2024Virgin Galactic Holdings, Inc. announced that they will report Q2, 2024 results on Aug 07, 2024Price Target Changed • Jul 17Price target decreased by 8.8% to US$39.83Down from US$43.67, the current price target is an average from 6 analysts. New target price is 457% above last closing price of US$7.15. Stock is down 91% over the past year. The company is forecast to post a net loss per share of US$18.91 next year compared to a net loss per share of US$29.79 last year.Seeking Alpha • Jun 19Virgin Galactic: Final DescentSummary Virgin Galactic faces a bleak future due to its dwindling cash reserves, limited market capitalization, and uncertain path to profitability. While the introduction of Delta Class ships could help the company ramp commercial operations, this is at least 2 years away and will require significant investments. Virgin Galactic's market capitalization makes raising capital difficult, meaning that any issues or delays are likely to prove fatal. Read the full article on Seeking Alpha분석 기사 • Jun 06Shareholders May Be More Conservative With Virgin Galactic Holdings, Inc.'s (NYSE:SPCE) CEO Compensation For NowKey Insights Virgin Galactic Holdings will host its Annual General Meeting on 12th of June Salary of US$1.00m is part...공시 • May 30Virgin Galactic Receives NYSE Continued Listing Standard NoticeVirgin Galactic Holdings, Inc. (the Company") received a notice (the Notice") from the New York Stock Exchange (the NYSE") that it is no longer in compliance with Section 802.01C of the NYSE Listed Company Manual (Section 802.01C"), which requires listed companies to maintain an average closing price per share of at least $1.00 over a 30 consecutive trading-day period. Pursuant to Section 802.01C, the Company has a period of six months after receipt of the Notice (the Cure Period") to regain compliance. As of the date of this Current Report on Form 8-K, the Company is in compliance with all other NYSE continued listing standards. On May 29, 2024, the Company notified the NYSE of its intent to cure the deficiency and regain compliance with Section 802.01C. On April 29, 2024, the Company made available to its stockholders and filed with the U.S. Securities and Exchange Commission (the SEC") a definitive proxy statement on Schedule 14A (the Proxy Statement") related to the Company's 2024 annual meeting of stockholders (the Annual Meeting"). The Proxy Statement includes, among other things, a stockholder voting proposal to authorize the Company's Board of Directors (the Board") to effect a reverse stock split of the Company's outstanding shares of common stock, par value $0.0001 per share (Common Stock"), after the Annual Meeting at a reverse stock split ratio ranging from any whole number between 1-for-2 and 1-for-20, as determined by the Board in its discretion (the Reverse Stock Split"), subject to the Board's authority to abandon such Reverse Stock Split. If the Company obtains stockholder approval of the Reverse Stock Split at the Annual Meeting and effects the Reverse Stock Split during the Cure Period, then the Company would expect to regain compliance with Section 802.01C at such time that the trading price per share of Common Stock promptly exceeds $1.00 per share, and remains above that level for at least the 30 trading-day period thereafter. The Company may consider various other available options to regain compliance with Section 802.01C. The Company can otherwise regain compliance with Section 802.01C at any time during the Cure Period if, on the last trading day of any month during the Cure Period, the Common Stock has a closing price of at least $1.00 and an average closing price of at least $1.00 over the 30 trading-day period ending on such date. There can be no assurance that the Company will be able to regain compliance with Section 802.01C or will not otherwise be delisted from the NYSE before or after the stockholders have the opportunity to approve the Reverse Stock Splitat the Annual Meeting and/or the Company is able to effect the Reverse Stock Split. In addition, there can be no assurance that the Company will be able to obtain stockholder approval of the Reverse Stock Split at the Annual Meeting. The Common Stock will continue to be listed and trade on the NYSE under the symbol SPCE", subject to the Company's compliance with the other NYSE continued listing standards.New Risk • May 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$153m net loss in 3 years). Shareholders have been diluted in the past year (46% increase in shares outstanding).Price Target Changed • May 15Price target decreased by 11% to US$2.37Down from US$2.66, the current price target is an average from 7 analysts. New target price is 124% above last closing price of US$1.06. Stock is down 76% over the past year. The company is forecast to post a net loss per share of US$0.96 next year compared to a net loss per share of US$1.49 last year.Seeking Alpha • May 14Virgin Galactic: The Guidance Looks Better Than I ExpectedSummary Virgin Galactic's Q1 2024 results show improvements in revenue and cash burn rates, but the primary goal of generating significant revenue is still a few years away. SPCE's guidance suggests higher ticket prices, but the target of becoming cash flow positive in 2026 may still be optimistic. The development of the next-gen mothership is delayed, and the current generation will need to increase flight frequency to meet ambitious goals. Read the full article on Seeking AlphaMajor Estimate Revision • May 14Consensus revenue estimates increase by 12%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from US$5.39m to US$6.04m. Forecast losses expected to reduce from -US$1.03 to -US$0.961 per share. Aerospace & Defense industry in the US expected to see average net income growth of 19% next year. Consensus price target broadly unchanged at US$2.64. Share price was steady at US$1.04 over the past week.Reported Earnings • May 08First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: US$0.26 loss per share (improved from US$0.57 loss in 1Q 2023). Net loss: US$102.0m (loss narrowed 36% from 1Q 2023). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings.공시 • May 08Virgin Galactic Holdings, Inc. Provides Revenue Guidance for the Second Quarter of 2024Virgin Galactic Holdings, Inc. provided revenue guidance for the second quarter of 2024. Revenue for the second quarter of 2024 is expected to be approximately $3.5 million.공시 • May 01Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 12, 2024Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 12, 2024, at 09:00 Pacific Standard Time. Agenda: To elect the director nominees listed in the Proxy Statement; to ratify the appointment of Ernst & Young LLP as Company’s independent registered public accounting firm for 2024; to approve, on an advisory (non-binding) basis, the compensation of Company’s named executive officers; to approve the Company’s Second Amended and Restated Virgin Galactic Holdings, Inc. 2019 Incentive Award Plan; and to consider other matters.공시 • Apr 24Virgin Galactic Holdings, Inc. to Report Q1, 2024 Results on May 07, 2024Virgin Galactic Holdings, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024Recent Insider Transactions Derivative • Apr 14CEO, President & Director exercised options and sold US$139k worth of stockOn the 9th of April, Michael Colglazier exercised options to acquire 118k shares at no cost and sold these for an average price of US$1.18 per share. This trade did not impact their existing holding. For the year to December 2020, Michael's total compensation was 9% salary and 91% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Michael's direct individual holding has increased from 289.09k shares to 385.54k. Company insiders have collectively sold US$242k more than they bought, via options and on-market transactions in the last 12 months.Price Target Changed • Apr 04Price target decreased by 9.6% to US$2.66Down from US$2.94, the current price target is an average from 8 analysts. New target price is 111% above last closing price of US$1.26. Stock is down 60% over the past year. The company is forecast to post a net loss per share of US$1.00 next year compared to a net loss per share of US$1.49 last year.Seeking Alpha • Apr 02Virgin Galactic: More Downside Expected After Boeing LawsuitSummary The recent Boeing lawsuit against Virgin Galactic could delay its timeline to starting commercial Delta class spaceflights in 2026. Virgin Galactic is unlikely to reach its target cadence of 2 Delta class spaceflights per spaceship per week in 2026 due to its existing mothership’s limitations stemming from its age. Virgin Galactic’s decision to pause Unity flights in Q2 2024 means that the company may not generate any revenue until commercial flights of Delta class spaceships commence. Virgin Galactic’s cash runway is only enough to last less than 2 years and the lawsuit could accelerate its need to raise capital, in my opinion. Bankruptcy is a strong possibility for Virgin Galactic, in my view, if it's unable to start commercial Delta class spaceflights in 2026 with $418.7 million of debt maturing in 2027. Read the full article on Seeking AlphaMajor Estimate Revision • Mar 05Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$11.2m to US$9.63m. EPS estimate unchanged at -US$0.998 per share. Aerospace & Defense industry in the US expected to see average net income growth of 21% next year. Consensus price target down from US$2.94 to US$2.75. Share price fell 15% to US$1.61 over the past week.공시 • Feb 29Virgin Galactic Holdings, Inc. Provides Earnings Guidance for the First Quarter of 2024Virgin Galactic Holdings, Inc. provided earnings guidance for the first quarter of 2024. For the period, the company's revenue is expected to be approximately $2 million.Reported Earnings • Feb 28Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: US$1.49 loss per share. Net loss: US$502.3m (flat on FY 2022). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 4.7%. Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Aerospace & Defense industry in the US.Seeking Alpha • Feb 20Virgin Galactic Holdings: A Risk-Bound Yet To Mature Business, SellSummary Virgin Galactic Holdings shares have experienced a significant decline and underperformed the S&P 500. SPCE stock price movement indicates an immature business model and weak financial health, with increasing negative cash flows and reliance on debt. Technical and operational challenges, as well as high valuation, suggest a further downside for the stock. Read the full article on Seeking Alpha공시 • Feb 14Virgin Galactic Holdings, Inc. to Report Q4, 2023 Results on Feb 27, 2024Virgin Galactic Holdings, Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024이익 및 매출 성장 예측NYSE:SPCE - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202849821106163412/31/2027292-83471712/31/202614-251-324-17353/31/20261-259-410-218N/A12/31/20252-279-438-240N/A9/30/20252-293-460-269N/A6/30/20252-303-470-292N/A3/31/20256-329-470-315N/A12/31/20247-347-475-353N/A9/30/20249-374-471-367N/A6/30/202411-404-458-379N/A3/31/20248-445-480-425N/A12/31/20237-502-493-448N/A9/30/20235-549-514-484N/A6/30/20234-590-511-489N/A3/31/20232-566-468-450N/A12/31/20222-500-397-380N/A9/30/20222-430-329-314N/A6/30/20223-333-280-270N/A3/31/20224-316-254-248N/A12/31/20213-353-235-231N/A9/30/20213-376-242-236N/A6/30/20211-420-247-239N/A3/31/2021N/A-398-240-226N/A12/31/20200-645-250-233N/A9/30/20201-618-258-244N/A6/30/20202-577-244-228N/A3/31/20202-549-237-223N/A12/31/20194-215N/A-209N/A9/30/20195-184N/A-172N/A6/30/20194-172N/A-179N/A3/31/20194-140N/A-150N/A12/31/20183-138N/A-146N/A12/31/20172-138N/A-137N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: SPCE 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.5%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: SPCE (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: SPCE 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: SPCE 의 수익(연간 47.3%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: SPCE 의 수익(연간 47.3%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: SPCE는 3년 뒤에도 수익성이 없을 것으로 전망됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 14:38종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Virgin Galactic Holdings, Inc.는 13명의 분석가가 다루고 있습니다. 이 중 7명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ronald EpsteinBofA Global ResearchKenneth HerbertCanaccord GenuityNoah PoponakGoldman Sachs10명의 분석가 더 보기
Breakeven Date Change • May 16The 6 analysts covering Virgin Galactic Holdings previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 66% per year to 2027. The company is expected to make a profit of US$28.3m in 2028. Average annual earnings growth of 84% is required to achieve expected profit on schedule.
Price Target Changed • Mar 30Price target increased by 9.1% to US$4.50Up from US$4.12, the current price target is an average from 5 analysts. New target price is 107% above last closing price of US$2.17. Stock is down 28% over the past year. The company is forecast to post a net loss per share of US$5.73 next year compared to a net loss per share of US$13.89 last year.
Breakeven Date Change • Dec 31Forecast to breakeven in 2028The 6 analysts covering Virgin Galactic Holdings expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$70.9m in 2028. Average annual earnings growth of 55% is required to achieve expected profit on schedule.
Major Estimate Revision • Nov 20Consensus EPS estimates upgraded to US$5.61 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$1.76m to US$1.72m. 2025 losses expected to reduce from -US$6.49 to -US$5.61 per share. Aerospace & Defense industry in the US expected to see average net income growth of 26% next year. Consensus price target broadly unchanged at US$4.16. Share price fell 4.4% to US$3.46 over the past week.
Major Estimate Revision • Aug 07Consensus revenue estimates increase by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.67m to US$1.93m. EPS estimate unchanged from -US$6.26 at last update. Aerospace & Defense industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$4.50 unchanged from last update. Share price fell 10.0% to US$3.42 over the past week.
Price Target Changed • Jun 30Price target decreased by 49% to US$4.46Down from US$8.82, the current price target is an average from 6 analysts. New target price is 63% above last closing price of US$2.73. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$9.40 next year compared to a net loss per share of US$13.89 last year.
Seeking Alpha • May 17Virgin Galactic: Q1 Keeps The Speculative Bull Case AliveSummary Virgin Galactic remains a highly speculative play, but 1Q26 validated operational milestones and kept the commercialization bridge intact. SPCE continues to burn cash and dilute shareholders, yet milestone progress—Delta spaceship ground testing and flight schedules—supports a more concrete bull case. Demand signals are positive, with $750k seat bookings receiving global interest and deposits, countering skepticism on pricing power. Despite ongoing risks—dilution, schedule slippage, regulatory hurdles—I see meaningful upside if SPCE executes toward FY27 commercialization. Read the full article on Seeking Alpha
Reported Earnings • May 17First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: US$0.81 loss per share (improved from US$2.38 loss in 1Q 2025). Net loss: US$64.7m (loss narrowed 23% from 1Q 2025). Revenue exceeded analyst estimates by 13%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Aerospace & Defense industry in the US.
Breakeven Date Change • May 16The 6 analysts covering Virgin Galactic Holdings previously expected the company to break even in 2028. New consensus forecast suggests losses will reduce by 66% per year to 2027. The company is expected to make a profit of US$28.3m in 2028. Average annual earnings growth of 84% is required to achieve expected profit on schedule.
속보 • May 15Virgin Galactic Highlights Progress on Commercial Flights as Liquidity Concerns PersistVirgin Galactic reported a Q1 2026 net loss of $64.7 million, with operating expenses lower than the prior year and only minimal revenue recorded. Management highlighted disciplined cost controls, debt repayments and a focus on preserving cash, but also flagged substantial doubt about the company’s liquidity and ability to continue as a going concern. Development of the next-generation Delta-class SpaceShip has progressed to delivery and ground testing, with flight testing planned for Q3 2026 and first commercial spaceflights targeted for Q4 2026, supported by about 650 reservations at ticket prices of $750,000. The key tension here is between Virgin Galactic’s push toward starting commercial flights and the explicit liquidity concerns that management has raised. For investors following the stock, the main risks to track include funding needs and execution on the Q3 flight tests, since any delays or additional financing requirements could affect dilution, timelines and overall confidence in the business model.
공시 • Apr 30Virgin Galactic Holdings, Inc. to Report Q1, 2026 Results on May 14, 2026Virgin Galactic Holdings, Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026
공시 • Apr 22Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 11, 2026Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 11, 2026.
Recent Insider Transactions Derivative • Apr 12Executive VP exercised options and sold US$88k worth of stockOn the 7th of April, Sarah Kim exercised options to acquire 29k shares at no cost and sold these for an average price of US$3.07 per share. This trade did not impact their existing holding. Since June 2025, Sarah's direct individual holding has increased from 7.09k shares to 33.82k. Company insiders have collectively sold US$383k more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Apr 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$438m free cash flow). Shareholders have been substantially diluted in the past year (129% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$1.5m revenue).
New Risk • Mar 31New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$438m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$438m free cash flow). Shareholders have been substantially diluted in the past year (106% increase in shares outstanding). Minor Risk Revenue is less than US$5m (US$1.5m revenue).
Reported Earnings • Mar 31Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2025 results: US$5.44 loss per share (improved from US$13.90 loss in FY 2024). Net loss: US$278.9m (loss narrowed 20% from FY 2024). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 5.0%. Revenue is forecast to grow 46% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in the US.
Price Target Changed • Mar 30Price target increased by 9.1% to US$4.50Up from US$4.12, the current price target is an average from 5 analysts. New target price is 107% above last closing price of US$2.17. Stock is down 28% over the past year. The company is forecast to post a net loss per share of US$5.73 next year compared to a net loss per share of US$13.89 last year.
Recent Insider Transactions Derivative • Mar 24Executive VP exercised options and sold US$29k worth of stockOn the 16th of March, Sarah Kim exercised options to acquire 12k shares at no cost and sold these for an average price of US$2.48 per share. This trade did not impact their existing holding. Since March 2025, Sarah's direct individual holding has increased from 3.94k shares to 7.03k. Company insiders have collectively sold US$77k more than they bought, via options and on-market transactions in the last 12 months.
공시 • Mar 24Virgin Galactic Appoints Megan Prichard as Chief Growth Officer, Effective Effective April 6, 2026Virgin Galactic Holdings, Inc. announced the appointment of Megan Prichard as its new Chief Growth Officer (CGO), effective April 6. In this newly established role, Prichard will lead the Company's integrated growth and revenue strategy across all business lines while strengthening Virgin Galactic’s position as the premier platform for suborbital spaceflight expeditions and scientific research. Prichard’s remit includes expanding Virgin Galactic’s existing book of business for both research missions and spaceflight expeditions, accelerating the creation of new spaceports, developing an exclusive set of brand partnerships, and identifying and entering new commercial markets building upon Virgin Galactic’s deep technical talent, intellectual property, and unrivaled experience creation capabilities. Prichard joins Virgin Galactic from Uber, where she served as Head of US Mobility Portfolio. In this capacity, Prichard was responsible for accelerating US ride hail growth and launching and scaling new business lines, including the ultra-premium Uber Elite. Megan has also served as a general manager for Uber’s E-VTOL and micromobility businesses. Before joining Uber, Prichard served as Vice President for Commercialization at Cruise, an autonomous vehicle subsidiary of General Motors. Prichard holds a bachelor’s degree in economics from Yale University and a juris doctorate from the University of Southern California’s Gould School of Law. She began her career as a management consultant at McKinsey & Company. Prichard also serves on the board of Blackline.
공시 • Feb 18Virgin Galactic Holdings, Inc. to Report Q4, 2025 Results on Mar 30, 2026Virgin Galactic Holdings, Inc. announced that they will report Q4, 2025 results After-Market on Mar 30, 2026
New Risk • Jan 13New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$293m Forecast net loss in 3 years: US$10m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (126% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$10m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$1.7m revenue).
Breakeven Date Change • Dec 31Forecast to breakeven in 2028The 6 analysts covering Virgin Galactic Holdings expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$70.9m in 2028. Average annual earnings growth of 55% is required to achieve expected profit on schedule.
New Risk • Dec 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (119% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$1.7m revenue).
공시 • Dec 09Virgin Galactic Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $45.588729 million.Virgin Galactic Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $45.588729 million. Security Name: Common Stock Security Type: Common Stock Security Name: Pre-Funded Warrants Security Type: Equity Warrant Transaction Features: Registered Direct Offering
Major Estimate Revision • Nov 20Consensus EPS estimates upgraded to US$5.61 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$1.76m to US$1.72m. 2025 losses expected to reduce from -US$6.49 to -US$5.61 per share. Aerospace & Defense industry in the US expected to see average net income growth of 26% next year. Consensus price target broadly unchanged at US$4.16. Share price fell 4.4% to US$3.46 over the past week.
Reported Earnings • Nov 16Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: US$1.09 loss per share (improved from US$2.67 loss in 3Q 2024). Net loss: US$64.4m (loss narrowed 14% from 3Q 2024). Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 27%. Revenue is forecast to grow 64% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Aerospace & Defense industry in the US.
New Risk • Nov 14New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$303m Forecast net loss in 3 years: US$22m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (99% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$470m). Currently unprofitable and not forecast to become profitable over next 3 years (US$22m net loss in 3 years). Revenue is less than US$5m (US$1.7m revenue).
공시 • Oct 23Virgin Galactic Holdings, Inc. to Report Q3, 2025 Results on Nov 13, 2025Virgin Galactic Holdings, Inc. announced that they will report Q3, 2025 results After-Market on Nov 13, 2025
New Risk • Oct 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$470m). Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$1.7m revenue).
New Risk • Aug 08New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$470m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$470m). Share price has been volatile over the past 3 months (17% average weekly change). Revenue is less than US$5m (US$1.7m revenue).
Reported Earnings • Aug 08Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: US$1.47 loss per share (improved from US$4.37 loss in 2Q 2024). Net loss: US$67.3m (loss narrowed 28% from 2Q 2024). Revenue missed analyst estimates by 9.8%. Earnings per share (EPS) exceeded analyst estimates by 37%. Revenue is forecast to grow 61% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Aerospace & Defense industry in the US.
Major Estimate Revision • Aug 07Consensus revenue estimates increase by 15%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.67m to US$1.93m. EPS estimate unchanged from -US$6.26 at last update. Aerospace & Defense industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$4.50 unchanged from last update. Share price fell 10.0% to US$3.42 over the past week.
공시 • Jul 24Virgin Galactic Holdings, Inc. to Report Q2, 2025 Results on Aug 06, 2025Virgin Galactic Holdings, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025
Price Target Changed • Jun 30Price target decreased by 49% to US$4.46Down from US$8.82, the current price target is an average from 6 analysts. New target price is 63% above last closing price of US$2.73. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$9.40 next year compared to a net loss per share of US$13.89 last year.
공시 • Jun 30+ 16 more updatesVirgin Galactic Holdings, Inc.(NYSE:SPCE) dropped from Russell 2500 IndexVirgin Galactic Holdings, Inc.(NYSE:SPCE) dropped from Russell 2500 Index
New Risk • Jun 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$470m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$470m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$15m net loss in 3 years).
분석 기사 • May 29Here's Why Shareholders May Want To Be Cautious With Increasing Virgin Galactic Holdings, Inc.'s (NYSE:SPCE) CEO Pay PacketKey Insights Virgin Galactic Holdings to hold its Annual General Meeting on 5th of June Total pay for CEO Michael...
New Risk • May 27New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$329m Forecast net loss in 3 years: US$15m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$15m net loss in 3 years).
Major Estimate Revision • May 22Consensus revenue estimates increase by 13%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.51m to US$1.70m. EPS estimate unchanged at -US$9.45. Aerospace & Defense industry in the US expected to see average net income growth of 20% next year. Consensus price target down from US$8.82 to US$8.11. Share price rose 4.8% to US$3.72 over the past week.
Price Target Changed • May 19Price target decreased by 53% to US$4.13Down from US$8.82, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of US$4.33. Stock is down 78% over the past year. The company is forecast to post a net loss per share of US$9.45 next year compared to a net loss per share of US$13.89 last year.
New Risk • May 18New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$329m Forecast net loss in 3 years: US$1.5m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Shareholders have been substantially diluted in the past year (102% increase in shares outstanding). Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$1.5m net loss in 3 years).
New Risk • May 16New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Shareholders have been substantially diluted in the past year (102% increase in shares outstanding).
Reported Earnings • May 16First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: US$2.38 loss per share (improved from US$5.10 loss in 1Q 2024). Net loss: US$84.5m (loss narrowed 17% from 1Q 2024). Revenue exceeded analyst estimates by 61%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Aerospace & Defense industry in the US.
Seeking Alpha • Apr 30Virgin Galactic: One Spark Could Set This Doomed Stock On Fire, But It Takes NerveSummary Virgin Galactic faces a highly speculative future with two possible outcomes: bankruptcy or success in the space tourism market. The company has cash to survive for the next couple of years, but significant risks remain with delays, high cash burn, and debt issues. Despite a low stock valuation, Virgin Galactic's stock could see a sharp rise if any positive news or catalysts emerge. Investors seeking high upside with lower risk might consider long-term call options (LEAPS) rather than buying the stock directly. The company’s future success all comes down to hitting some pretty big goals by 2026, but there’s a lot that could go wrong along the way. Read the full article on Seeking Alpha
공시 • Apr 24Virgin Galactic Holdings, Inc. to Report Q1, 2025 Results on May 15, 2025Virgin Galactic Holdings, Inc. announced that they will report Q1, 2025 results After-Market on May 15, 2025
공시 • Apr 16Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 05, 2025Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 05, 2025.
New Risk • Apr 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: US$98.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$43m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$98.4m market cap).
New Risk • Mar 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$43m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change).
Major Estimate Revision • Mar 14Consensus revenue estimates decrease by 26%The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$1.96m to US$1.46m. EPS estimate unchanged at -US$9.54 per share. Aerospace & Defense industry in the US expected to see average net income growth of 23% next year. Consensus price target broadly unchanged at US$8.82. Share price fell 3.0% to US$3.26 over the past week.
Major Estimate Revision • Mar 05Consensus revenue estimates increase by 50%, EPS downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from US$1.31m to US$1.96m. EPS estimate fell from -US$9.11 to -US$9.51 per share. Aerospace & Defense industry in the US expected to see average net income growth of 21% next year. Consensus price target down from US$13.57 to US$8.93. Share price fell 16% to US$3.40 over the past week.
Reported Earnings • Feb 27Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: US$13.90 loss per share (improved from US$29.79 loss in FY 2023). Net loss: US$346.7m (loss narrowed 31% from FY 2023). Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 51% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Aerospace & Defense industry in the US.
공시 • Feb 13Virgin Galactic Holdings, Inc. to Report Q4, 2024 Results on Feb 26, 2025Virgin Galactic Holdings, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025
Seeking Alpha • Jan 23Virgin Galactic: Downward SpiralSummary Virgin Galactic's declining market capitalization is undermining its ability to raise capital. This is important because of its high cash burn and declining cash balance. Meaningful revenue is likely still at least 2 years away and positive cash flow even further away. The company's tenuous position is made worse by a debt maturity date that is drawing nearer. Read the full article on Seeking Alpha
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$67m net loss in 3 years). Share price has been volatile over the past 3 months (12% average weekly change).
Price Target Changed • Nov 13Price target decreased by 11% to US$12.17Down from US$13.67, the current price target is an average from 6 analysts. New target price is 72% above last closing price of US$7.08. Stock is down 84% over the past year. The company is forecast to post a net loss per share of US$14.79 next year compared to a net loss per share of US$29.79 last year.
Major Estimate Revision • Nov 13Consensus revenue estimates increase by 10%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from US$6.21m to US$6.86m. Forecast losses expected to reduce from -US$74.25 to -US$14.79 per share. Aerospace & Defense industry in the US expected to see average net income growth of 24% next year. Consensus price target of US$14.40 unchanged from last update. Share price rose 2.6% to US$7.06 over the past week.
Reported Earnings • Nov 07Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: US$2.67 loss per share (improved from US$5.57 loss in 3Q 2023). Net loss: US$74.5m (loss narrowed 29% from 3Q 2023). Revenue exceeded analyst estimates by 48%. Earnings per share (EPS) also surpassed analyst estimates by 29%. Revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Aerospace & Defense industry in the US.
공시 • Nov 07Virgin Galactic Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $300 million.Virgin Galactic Holdings, Inc. has filed a Follow-on Equity Offering in the amount of $300 million. Security Name: Common Stock Security Type: Common Stock Transaction Features: At the Market Offering
공시 • Oct 24Virgin Galactic Holdings, Inc. to Report Q3, 2024 Results on Nov 06, 2024Virgin Galactic Holdings, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024
Price Target Changed • Oct 11Price target decreased by 7.3% to US$12.67Down from US$13.67, the current price target is an average from 6 analysts. New target price is 103% above last closing price of US$6.25. Stock is down 81% over the past year. The company is forecast to post a net loss per share of US$88.47 next year compared to a net loss per share of US$29.79 last year.
Seeking Alpha • Sep 20Virgin Galactic: I Like The Vision, But Execution Is The KeySummary Virgin Galactic's potential hinges on achieving ambitious flight goals; execution and early results are crucial before considering a rating upgrade. SPCE's cash reserves are tight, with significant negative FCF expected through FY25. The long-term market potential is significant, but I remain cautious, awaiting execution in FY25 and FY26 before revising my rating. Read the full article on Seeking Alpha
Seeking Alpha • Aug 28Virgin Galactic: Pipe Dream Business Still Lacks Meaningful, Sustainable ModelSummary Virgin Galactic has a sensible balance sheet but is plagued by massive losses and minimal revenue, making it a risky investment. The company's strategy to lower operating costs and expand capacity is challenged by an uncertain market for commercial spaceflight. Economic sensitivity and safety concerns further jeopardize Virgin Galactic's potential, with discretionary spending likely to decline in economic downturns. Despite the futuristic appeal, the company's history and financial projections indicate it's not a viable investment; I recommend a strong sell. Read the full article on Seeking Alpha
Price Target Changed • Aug 11Price target increased by 8.5% to US$43.20Up from US$39.83, the current price target is an average from 5 analysts. New target price is 604% above last closing price of US$6.14. Stock is down 91% over the past year. The company is forecast to post a net loss per share of US$19.19 next year compared to a net loss per share of US$29.79 last year.
Price Target Changed • Aug 09Price target decreased by 8.7% to US$38.50Down from US$42.17, the current price target is an average from 6 analysts. New target price is 527% above last closing price of US$6.14. Stock is down 91% over the past year. The company is forecast to post a net loss per share of US$19.19 next year compared to a net loss per share of US$29.79 last year.
Reported Earnings • Aug 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: US$4.37 loss per share (improved from US$9.17 loss in 2Q 2023). Revenue: US$4.22m (up 125% from 2Q 2023). Net loss: US$93.8m (loss narrowed 30% from 2Q 2023). Revenue exceeded analyst estimates by 26%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Aerospace & Defense industry in the US.
공시 • Jul 25Virgin Galactic Holdings, Inc. to Report Q2, 2024 Results on Aug 07, 2024Virgin Galactic Holdings, Inc. announced that they will report Q2, 2024 results on Aug 07, 2024
Price Target Changed • Jul 17Price target decreased by 8.8% to US$39.83Down from US$43.67, the current price target is an average from 6 analysts. New target price is 457% above last closing price of US$7.15. Stock is down 91% over the past year. The company is forecast to post a net loss per share of US$18.91 next year compared to a net loss per share of US$29.79 last year.
Seeking Alpha • Jun 19Virgin Galactic: Final DescentSummary Virgin Galactic faces a bleak future due to its dwindling cash reserves, limited market capitalization, and uncertain path to profitability. While the introduction of Delta Class ships could help the company ramp commercial operations, this is at least 2 years away and will require significant investments. Virgin Galactic's market capitalization makes raising capital difficult, meaning that any issues or delays are likely to prove fatal. Read the full article on Seeking Alpha
분석 기사 • Jun 06Shareholders May Be More Conservative With Virgin Galactic Holdings, Inc.'s (NYSE:SPCE) CEO Compensation For NowKey Insights Virgin Galactic Holdings will host its Annual General Meeting on 12th of June Salary of US$1.00m is part...
공시 • May 30Virgin Galactic Receives NYSE Continued Listing Standard NoticeVirgin Galactic Holdings, Inc. (the Company") received a notice (the Notice") from the New York Stock Exchange (the NYSE") that it is no longer in compliance with Section 802.01C of the NYSE Listed Company Manual (Section 802.01C"), which requires listed companies to maintain an average closing price per share of at least $1.00 over a 30 consecutive trading-day period. Pursuant to Section 802.01C, the Company has a period of six months after receipt of the Notice (the Cure Period") to regain compliance. As of the date of this Current Report on Form 8-K, the Company is in compliance with all other NYSE continued listing standards. On May 29, 2024, the Company notified the NYSE of its intent to cure the deficiency and regain compliance with Section 802.01C. On April 29, 2024, the Company made available to its stockholders and filed with the U.S. Securities and Exchange Commission (the SEC") a definitive proxy statement on Schedule 14A (the Proxy Statement") related to the Company's 2024 annual meeting of stockholders (the Annual Meeting"). The Proxy Statement includes, among other things, a stockholder voting proposal to authorize the Company's Board of Directors (the Board") to effect a reverse stock split of the Company's outstanding shares of common stock, par value $0.0001 per share (Common Stock"), after the Annual Meeting at a reverse stock split ratio ranging from any whole number between 1-for-2 and 1-for-20, as determined by the Board in its discretion (the Reverse Stock Split"), subject to the Board's authority to abandon such Reverse Stock Split. If the Company obtains stockholder approval of the Reverse Stock Split at the Annual Meeting and effects the Reverse Stock Split during the Cure Period, then the Company would expect to regain compliance with Section 802.01C at such time that the trading price per share of Common Stock promptly exceeds $1.00 per share, and remains above that level for at least the 30 trading-day period thereafter. The Company may consider various other available options to regain compliance with Section 802.01C. The Company can otherwise regain compliance with Section 802.01C at any time during the Cure Period if, on the last trading day of any month during the Cure Period, the Common Stock has a closing price of at least $1.00 and an average closing price of at least $1.00 over the 30 trading-day period ending on such date. There can be no assurance that the Company will be able to regain compliance with Section 802.01C or will not otherwise be delisted from the NYSE before or after the stockholders have the opportunity to approve the Reverse Stock Splitat the Annual Meeting and/or the Company is able to effect the Reverse Stock Split. In addition, there can be no assurance that the Company will be able to obtain stockholder approval of the Reverse Stock Split at the Annual Meeting. The Common Stock will continue to be listed and trade on the NYSE under the symbol SPCE", subject to the Company's compliance with the other NYSE continued listing standards.
New Risk • May 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$153m net loss in 3 years). Shareholders have been diluted in the past year (46% increase in shares outstanding).
Price Target Changed • May 15Price target decreased by 11% to US$2.37Down from US$2.66, the current price target is an average from 7 analysts. New target price is 124% above last closing price of US$1.06. Stock is down 76% over the past year. The company is forecast to post a net loss per share of US$0.96 next year compared to a net loss per share of US$1.49 last year.
Seeking Alpha • May 14Virgin Galactic: The Guidance Looks Better Than I ExpectedSummary Virgin Galactic's Q1 2024 results show improvements in revenue and cash burn rates, but the primary goal of generating significant revenue is still a few years away. SPCE's guidance suggests higher ticket prices, but the target of becoming cash flow positive in 2026 may still be optimistic. The development of the next-gen mothership is delayed, and the current generation will need to increase flight frequency to meet ambitious goals. Read the full article on Seeking Alpha
Major Estimate Revision • May 14Consensus revenue estimates increase by 12%The consensus outlook for revenues in fiscal year 2024 has improved. 2024 revenue forecast increased from US$5.39m to US$6.04m. Forecast losses expected to reduce from -US$1.03 to -US$0.961 per share. Aerospace & Defense industry in the US expected to see average net income growth of 19% next year. Consensus price target broadly unchanged at US$2.64. Share price was steady at US$1.04 over the past week.
Reported Earnings • May 08First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: US$0.26 loss per share (improved from US$0.57 loss in 1Q 2023). Net loss: US$102.0m (loss narrowed 36% from 1Q 2023). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 14%. Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 60% per year, which means it is performing significantly worse than earnings.
공시 • May 08Virgin Galactic Holdings, Inc. Provides Revenue Guidance for the Second Quarter of 2024Virgin Galactic Holdings, Inc. provided revenue guidance for the second quarter of 2024. Revenue for the second quarter of 2024 is expected to be approximately $3.5 million.
공시 • May 01Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 12, 2024Virgin Galactic Holdings, Inc., Annual General Meeting, Jun 12, 2024, at 09:00 Pacific Standard Time. Agenda: To elect the director nominees listed in the Proxy Statement; to ratify the appointment of Ernst & Young LLP as Company’s independent registered public accounting firm for 2024; to approve, on an advisory (non-binding) basis, the compensation of Company’s named executive officers; to approve the Company’s Second Amended and Restated Virgin Galactic Holdings, Inc. 2019 Incentive Award Plan; and to consider other matters.
공시 • Apr 24Virgin Galactic Holdings, Inc. to Report Q1, 2024 Results on May 07, 2024Virgin Galactic Holdings, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024
Recent Insider Transactions Derivative • Apr 14CEO, President & Director exercised options and sold US$139k worth of stockOn the 9th of April, Michael Colglazier exercised options to acquire 118k shares at no cost and sold these for an average price of US$1.18 per share. This trade did not impact their existing holding. For the year to December 2020, Michael's total compensation was 9% salary and 91% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2023, Michael's direct individual holding has increased from 289.09k shares to 385.54k. Company insiders have collectively sold US$242k more than they bought, via options and on-market transactions in the last 12 months.
Price Target Changed • Apr 04Price target decreased by 9.6% to US$2.66Down from US$2.94, the current price target is an average from 8 analysts. New target price is 111% above last closing price of US$1.26. Stock is down 60% over the past year. The company is forecast to post a net loss per share of US$1.00 next year compared to a net loss per share of US$1.49 last year.
Seeking Alpha • Apr 02Virgin Galactic: More Downside Expected After Boeing LawsuitSummary The recent Boeing lawsuit against Virgin Galactic could delay its timeline to starting commercial Delta class spaceflights in 2026. Virgin Galactic is unlikely to reach its target cadence of 2 Delta class spaceflights per spaceship per week in 2026 due to its existing mothership’s limitations stemming from its age. Virgin Galactic’s decision to pause Unity flights in Q2 2024 means that the company may not generate any revenue until commercial flights of Delta class spaceships commence. Virgin Galactic’s cash runway is only enough to last less than 2 years and the lawsuit could accelerate its need to raise capital, in my opinion. Bankruptcy is a strong possibility for Virgin Galactic, in my view, if it's unable to start commercial Delta class spaceflights in 2026 with $418.7 million of debt maturing in 2027. Read the full article on Seeking Alpha
Major Estimate Revision • Mar 05Consensus revenue estimates decrease by 14%The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$11.2m to US$9.63m. EPS estimate unchanged at -US$0.998 per share. Aerospace & Defense industry in the US expected to see average net income growth of 21% next year. Consensus price target down from US$2.94 to US$2.75. Share price fell 15% to US$1.61 over the past week.
공시 • Feb 29Virgin Galactic Holdings, Inc. Provides Earnings Guidance for the First Quarter of 2024Virgin Galactic Holdings, Inc. provided earnings guidance for the first quarter of 2024. For the period, the company's revenue is expected to be approximately $2 million.
Reported Earnings • Feb 28Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2023 results: US$1.49 loss per share. Net loss: US$502.3m (flat on FY 2022). Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) exceeded analyst estimates by 4.7%. Revenue is forecast to grow 54% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Aerospace & Defense industry in the US.
Seeking Alpha • Feb 20Virgin Galactic Holdings: A Risk-Bound Yet To Mature Business, SellSummary Virgin Galactic Holdings shares have experienced a significant decline and underperformed the S&P 500. SPCE stock price movement indicates an immature business model and weak financial health, with increasing negative cash flows and reliance on debt. Technical and operational challenges, as well as high valuation, suggest a further downside for the stock. Read the full article on Seeking Alpha
공시 • Feb 14Virgin Galactic Holdings, Inc. to Report Q4, 2023 Results on Feb 27, 2024Virgin Galactic Holdings, Inc. announced that they will report Q4, 2023 results After-Market on Feb 27, 2024