Virgin GalacticSPCE
Market Cap: $166M
About: Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures advanced air and space vehicles. Using technologies, the company is developing a spaceflight system designed to offer its customers a multi-day, and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
Employees: 805
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
4.7% less ownership
Funds ownership: 42.39% [Q1] → 37.69% (-4.7%) [Q2]
39% less funds holding
Funds holding: 239 [Q1] → 146 (-93) [Q2]
74% less capital invested
Capital invested by funds: $251M [Q1] → $65.3M (-$186M) [Q2]
75% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 124
85% less call options, than puts
Call options by funds: $19.6M | Put options by funds: $131M
96% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 110
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Goldman Sachs Noah Poponak 57% 1-year accuracy 13 / 23 met price target | 808%upside $53 | Neutral Maintained | 9 Aug 2024 |
Susquehanna Charles Minervino 31% 1-year accuracy 17 / 55 met price target | 3%upside $6 | Neutral Maintained | 8 Aug 2024 |
Susquehanna Charles Minervino 31% 1-year accuracy 17 / 55 met price target | 37%upside $8 | Neutral Maintained | 17 Jul 2024 |
Goldman Sachs Noah Poponak 57% 1-year accuracy 13 / 23 met price target | 945%upside $61 | Neutral Maintained | 10 Jul 2024 |
Morgan Stanley Kristine Liwag 89% 1-year accuracy 17 / 19 met price target | 499%upside $35 | Underweight Maintained | 20 Jun 2024 |
Financial journalist opinion
Based on 8 articles about SPCE published over the past 30 days