Loading...
SPCE logo

Virgin Galactic Holdings, Inc.NYSE:SPCE Stock Report

Market Cap US$405.0m
Share Price
US$4.72
US$4.08
15.7% overvalued intrinsic discount
1Y50.8%
7D4.2%
1D
Portfolio Value
​
View

Virgin Galactic Holdings, Inc.

NYSE:SPCE Stock Report

Market Cap: US$405.0m

Virgin Galactic Holdings (SPCE) Stock Overview

An aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. More details

SPCE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Rewards

Trading at 96.9% below our estimate of its fair value

Earnings are forecast to grow 73% per year

Earnings have grown 5.7% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Has less than 1 year of cash runway

Shareholders have been substantially diluted in the past year

Does not have meaningful revenue ($1M)


SPCE Community Fair Values

Create Narrative

See what 147 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

View all narratives

Virgin Galactic Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Virgin Galactic Holdings
Historical stock prices
Current Share PriceUS$4.72
52 Week HighUS$8.90
52 Week LowUS$2.13
Beta2.17
1 Month Change92.65%
3 Month Change87.30%
1 Year Change50.80%
3 Year Change-94.26%
5 Year Change-99.33%
Change since IPO-97.99%

Recent News & Updates

Seeking Alpha • Jun 01

Virgin Galactic: Reddit Hype And An Uncertain Liquidity Situation

Summary Virgin Galactic surged 81% last week, likely due to confusion with the upcoming SpaceX IPO and social media-driven speculation. SPCE faces substantial going concern risks, with only $219 million in liquid assets and a quarterly cash burn near $90 million, implying less than three quarters of runway. Reduced operating expenses stem from slashed R&D, threatening long-term competitiveness or forcing future spending increases that current liquidity cannot support. SPCE trades at 293x sales, with looming debt obligations and high dilution risk, making the stock fundamentally unattractive despite recent speculative momentum. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha • Jun 01

Virgin Galactic: Reddit Hype And An Uncertain Liquidity Situation

Summary Virgin Galactic surged 81% last week, likely due to confusion with the upcoming SpaceX IPO and social media-driven speculation. SPCE faces substantial going concern risks, with only $219 million in liquid assets and a quarterly cash burn near $90 million, implying less than three quarters of runway. Reduced operating expenses stem from slashed R&D, threatening long-term competitiveness or forcing future spending increases that current liquidity cannot support. SPCE trades at 293x sales, with looming debt obligations and high dilution risk, making the stock fundamentally unattractive despite recent speculative momentum. Read the full article on Seeking Alpha
Analysis Article • May 29

Here's Why Shareholders May Want To Be Cautious With Increasing Virgin Galactic Holdings, Inc.'s (NYSE:SPCE) CEO Pay Packet

Key Insights Virgin Galactic Holdings to hold its Annual General Meeting on 5th of June Total pay for CEO Michael...
Seeking Alpha • Apr 30

Virgin Galactic: One Spark Could Set This Doomed Stock On Fire, But It Takes Nerve

Summary 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
Seeking Alpha • Jan 23

Virgin Galactic: Downward Spiral

Summary 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
Seeking Alpha • Sep 20

Virgin Galactic: I Like The Vision, But Execution Is The Key

Summary 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 28

Virgin Galactic: Pipe Dream Business Still Lacks Meaningful, Sustainable Model

Summary 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
Seeking Alpha • Jun 19

Virgin Galactic: Final Descent

Summary 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
Analysis Article • Jun 06

Shareholders May Be More Conservative With Virgin Galactic Holdings, Inc.'s (NYSE:SPCE) CEO Compensation For Now

Key Insights Virgin Galactic Holdings will host its Annual General Meeting on 12th of June Salary of US$1.00m is part...
Seeking Alpha • May 14

Virgin Galactic: The Guidance Looks Better Than I Expected

Summary 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
Seeking Alpha • Apr 02

Virgin Galactic: More Downside Expected After Boeing Lawsuit

Summary 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

Shareholder Returns

SPCEUS Aerospace & DefenseUS Market
7D4.2%-3.1%0.3%
1Y50.8%23.2%26.2%

Return vs Industry: SPCE exceeded the US Aerospace & Defense industry which returned 23.2% over the past year.

Return vs Market: SPCE exceeded the US Market which returned 26.2% over the past year.

Price Volatility

Is SPCE's price volatile compared to industry and market?
SPCE volatility
SPCE Average Weekly Movement22.2%
Aerospace & Defense Industry Average Movement9.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: SPCE's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SPCE's weekly volatility has increased from 14% to 22% over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a694Michael Colglazierwww.virgingalactic.com

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

Virgin Galactic Holdings, Inc. Fundamentals Summary

How do Virgin Galactic Holdings's earnings and revenue compare to its market cap?
SPCE fundamental statistics
Market capUS$405.05m
Earnings (TTM)-US$259.13m
Revenue (TTM)US$1.31m
340.2x
P/S Ratio
-1.7x
P/E Ratio

Is SPCE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPCE income statement (TTM)
RevenueUS$1.31m
Cost of RevenueUS$81.58m
Gross Profit-US$80.27m
Other ExpensesUS$178.86m
Earnings-US$259.13m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-2.74
Gross Margin-6,127.71%
Net Profit Margin-19,781.30%
Debt/Equity Ratio142.9%

How did SPCE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 21:27
End of Day Share Price 2026/06/04 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Virgin Galactic Holdings, Inc. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ronald EpsteinBofA Global Research
Kenneth HerbertCanaccord Genuity
Noah PoponakGoldman Sachs