Virgin Galactic (SPCE) Upgraded to Buy: What Does It Mean for the Stock?
Virgin Galactic (SPCE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
SPCE stock price analysis after the $12 billion wipeout
The Virgin Galactic stock price has crashed to a record low as concerns about its going concern continued. SPCE crashed to a low of $3.36, bringing the year-to-date losses to 42%.
Virgin Galactic's new spacecraft looms large as company eyes future profitability
Virgin Galactic Holdings Inc. says it is making progress building its new Delta-class spacecraft, which it says will help unlock the company's future profitability.
Virgin Galactic Holdings, Inc. (SPCE) Q4 2024 Earnings Call Transcript
Virgin Galactic Holdings, Inc. (NYSE:SPCE ) Q4 2024 Earnings Conference Call February 26, 2025 5:00 PM ET Company Participants Eric Cerny - Vice President, Investor Relations. Michael Colglazier - Chief Executive Officer Mike Moses - President, Spaceline Doug Ahrens - Chief Financial Officer Conference Call Participants Greg Konrad - Jefferies Michael Leshock - KeyBanc Capital Markets Myles Walton - Wolfe Research Tom Nass - TD Cowen Operator Good afternoon.
Will Virgin Galactic Abandon the Space Tourism Business?
In June 2024, space tourism pioneer Virgin Galactic (SPCE -4.67%) launched its Unity spaceplane with a planeload of space tourists for the last time. In the months since, the company has continued working on its new spaceplane, dubbed the Delta class.
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.
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.
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.
Italy's Spacewear to develop training clothing for Virgin Galactic
Italy's Spacewear has closed a deal with Virgin Galactic to design and develop a clothing range for the training of its astronauts and space tourists, the founder of the startup said.
United Airlines Will Offer Free Wi-Fi On Flights In 2025 Using SpaceX's Starlink
United Airlines will be equipping its planes with free in-flight Wi-Fi using SpaceX's Starlink internet service next year, the airline announced Thursday, becoming the latest airline to offer complimentary internet service.
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.
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.
