Virgin GalacticSPCE
SPCE
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
3% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 37
1% more funds holding
Funds holding: 148 [Q2] → 149 (+1) [Q3]
7.66% less ownership
Funds ownership: 39.24% [Q2] → 31.58% (-7.66%) [Q3]
20% less capital invested
Capital invested by funds: $68M [Q2] → $54.7M (-$13.3M) [Q3]
76% less call options, than puts
Call options by funds: $23.6M | Put options by funds: $99.1M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$47
670%
upside
Avg. target
$47
670%
upside
High target
$47
670%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Goldman Sachs Noah Poponak 61% 1-year accuracy 19 / 31 met price target | 670%upside $47 | Neutral Maintained | 10 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
1 week ago
Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic's Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 4,259 shares of Virgin Galactic common stock to two new non-executive employees, each effective December 15, 2024. The awards were granted under Virgin Galactic's 2023 Employment Inducement Incentive Award Plan, wh.
Neutral
Business Wire
1 week ago
Virgin Galactic Partners with Italy's Ente Nazionale per l'Aviazione Civile to Conduct Spaceport Feasibility Study
WASHINGTON--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”) and Ente Nazionale per l'Aviazione Civile (“ENAC”), the civil aviation authority of Italy, today announced the signing of an Agreement of Cooperation to jointly study the feasibility of Virgin Galactic conducting spaceflight operations from Grottaglie Spaceport in the Puglia region of Southern Italy. The study will evaluate the necessary technical requirements for suborbital spaceflight.
Negative
The Motley Fool
1 month ago
Shocking News (But No, Not Really): Virgin Galactic Needs More Money
Virgin Galactic can't sell rocket rides to space tourists for another couple of years -- so it sells stock instead.
Positive
Seeking Alpha
1 month ago
Virgin Galactic: Perfect Execution Is The Only Way To Survive
Virgin Galactic Holdings, Inc.'s latest $300 million ATM offering to build 2 additional Delta spaceships may actually be critical for the company to fund its operations until 2026. Perfect execution is the only way for Virgin Galactic to survive, in my opinion, ahead of the maturity of the $419.5 million debt in early 2027. Virgin Galactic may be behind schedule for Delta spaceships based on its underspending this year compared to the guidance issued in Q3 2023.
Negative
Invezz
1 month ago
SPCE stock analysis: is it safe to buy the Virgin Galactic dip?
Virgin Galactic stock price has collapsed by over 87% this year, a trend that could keep getting worse in the coming months. SPCE shares have plunged by over 90% from its all-time high, erasing billions of dollars in value.
Positive
Market Watch
1 month ago
Virgin Galactic building the foundation for strong future profitability, KeyBanc says
Virgin Galactic Holdings Inc.'s progress toward its new class of spacecraft bodes well for the company's future profitability, according to KeyBanc Capital Markets.
Positive
Zacks Investment Research
1 month ago
Bet on 5 Top-Ranked Stocks With Rising P/E
Tap five stocks with increasing P/E ratios to try an an out-of-the-box approach. These stocks include American Eagle Outfitters (AEO), Groupon (GRPN), Nextracker Inc. (NXT), ESS Tech (GWH) and Virgin Galactic (SPCE).
Neutral
Business Wire
1 month ago
Virgin Galactic Announces At-The-Market Equity Program
ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced that it has entered into a sales agreement under which it may offer and sell shares of its common stock (the “Shares”) having an aggregate offering price of up to $300 million from time to time pursuant to an “at the market” program (the “ATM Program”). The Company intends to use the net proceeds from any sales of its common stock under the ATM Program to furt.
Neutral
Seeking Alpha
1 month ago
Virgin Galactic Holdings, Inc. (SPCE) Q3 2024 Earnings Call Transcript
Virgin Galactic Holdings, Inc. (SPCE) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Virgin Galactic (SPCE) Reports Q3 Loss, Misses Revenue Estimates
Virgin Galactic (SPCE) came out with a quarterly loss of $2.66 per share versus the Zacks Consensus Estimate of a loss of $4.10. This compares to loss of $5.60 per share a year ago.
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