Virgin Galactic
SPCE

$5.84

1.66%

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

Industrials Transportation Services

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 5 analysts

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

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Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$6

3%

upside

Avg. target

$33

458%

upside

High target

$61

945%

upside

5 analyst ratings

0 positive

0%

4 neutral

80%

1 negative

20%

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

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Financial journalist opinion

Based on 8 articles about SPCE published over the past 30 days

Zacks Investment Research

Does Virgin Galactic (SPCE) Have the Potential to Rally 467.09% as Wall Street Analysts Expect?

The mean of analysts' price targets for Virgin Galactic (SPCE) points to a 467.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Virgin Galactic (SPCE) Have the Potential to Rally 467.09% as Wall Street Analysts Expect?

Zacks Investment Research

3 Aerospace-Defense Stocks to Buy Amid Solid US Defense Budget

Aerospace-Defense stocks ride high on impressive air passenger view and solid US defense budget amid the adverse impacts of supply-chain challenges. You may buy LDOS, SPCE and AIRI.

3 Aerospace-Defense Stocks to Buy Amid Solid US Defense Budget

The Motley Fool

Virgin Galactic Charges $900,000 Per Ticket -- but Is That Enough?

Virgin Galactic got into the space business promising trips for $250,000 a pop. In the second quarter, space tourists on the Unity spaceplane shelled out closer to $900,000 each, helping the company deliver a revenue beat.

Virgin Galactic Charges $900,000 Per Ticket -- but Is That Enough?

Zacks Investment Research

Wall Street Analysts Predict a 420.73% Upside in Virgin Galactic (SPCE): Here's What You Should Know

The consensus price target hints at a 420.7% upside potential for Virgin Galactic (SPCE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 420.73% Upside in Virgin Galactic (SPCE): Here's What You Should Know

7 Tech Stocks to Sell Before They Plummet in a 2024 Recession

If you've been paying attention, you know that tech stocks have been the rocket fuel propelling this bull market to dizzying heights. However, these high-flyers could come crashing back to Earth when the downturn hits.

7 Tech Stocks to Sell Before They Plummet in a 2024 Recession

7 Space Exploration Stocks That Could Pioneer New Frontiers

Ongoing developments in next generation launch vehicles, as well as lunar missions, together with the rising interest of the private sector in space exploration, make space explorations stocks potentially lucrative targets for investors. The rivalry between the two global superpowers is growing ever more heated, and both the United States and China are pouring money into space exploration and development, from satellites to moon landing missions.

7 Space Exploration Stocks That Could Pioneer New Frontiers

The Motley Fool

Prediction: Rocket Lab Gets a New Neighbor in SpaceX

Five years ago, New Zealand rocket launcher Rocket Lab announced plans to set up a launch site in the United States. Now, U.S. space giant SpaceX may be contemplating setting up a rocket base in Australia.

Prediction: Rocket Lab Gets a New Neighbor in SpaceX

Space stocks set to climb, boosted by Virgin Galactic and Rocket Lab results

Space stocks are climbing in premarket trades Friday, boosted by Virgin Galactic Holdings Inc.'s and Rocket Lab USA Inc.'s results this week.

Space stocks set to climb, boosted by Virgin Galactic and Rocket Lab results

Virgin Galactic stock rose after earnings but gains could be brief

Virgin Galactic (SPCE) stock price rose by 4% in the post-market session after the company published better-than-expected financial results. It rose to $5.49, paring back some of the losses made in the regular session.

Virgin Galactic stock rose after earnings but gains could be brief

Virgin Galactic Holdings, Inc. (SPCE) Q2 2024 Earnings Call Transcript

Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q2 2024 Earnings Conference Call August 7, 2024 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations Michael Colglazier - President and Chief Executive Officer Doug Ahrens - Chief Financial Officer Conference Call Participants Gregory Konrad - Jefferies Oliver Chen - TD Cowen Myles Walton - Wolfe Research Michael Leshock - KeyBanc Capital Markets Operator Good afternoon. My name is Sarah and I'll be your conference operator today.

Virgin Galactic Holdings, Inc. (SPCE) Q2 2024 Earnings Call Transcript

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