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.
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 (SPCE) Reports Q2 Loss, Tops Revenue Estimates
Virgin Galactic (SPCE) came out with a quarterly loss of $4.36 per share versus the Zacks Consensus Estimate of a loss of $5.40. This compares to loss of $9.20 per share a year ago.
Virgin Galactic's sales double as more space tourists join the line
Virgin Galactic Holdings Inc.'s quarterly revenue doubled and losses narrowed as it raked in more membership fees from future space tourists and earned money from commercial flights.
What's in Store for Virgin Galactic (SPCE) in Q2 Earnings?
Virgin Galactic's (SPCE) Q2 results are likely to reflect the benefits of commercial spaceflights as well as lower materials and consulting expenses amid the adverse impacts of higher interest expenses.
Virgin Galactic Stock Price Prediction: Where Will It Be in 1 Year
24/7 Insights By one measure, Wall Street expectations for where Virgin Galactic Holdings Inc.
Startups are building balloons to hoist tourists 100,000 feet into the stratosphere
A single trip would last about 6 hours and ticket prices range from $50,000 to around $184,000 per seat.
Virgin Galactic (SPCE) Surges 7.5%: Is This an Indication of Further Gains?
Virgin Galactic (SPCE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Virgin Galactic's Free Fall Continues
Shares started the week trading after a 1-for-20 stock split. Investors weren't willing to wait for the upside of a company still two years from commercial operations.
Virgin Galactic lines up customer for its new Delta spacecraft
Virgin Galactic Holdings Inc.'s said Thursday it landed a return customer for its next-generation Delta Class spaceship targeted for launch in 2026.
The Argument for Buying Virgin Galactic Now
Risk is still high, but the reward for investors could be even higher.
Why Virgin Galactic Stock Keeps Going Down
Virgin Galactic announced a 1-for-20 reverse stock split last week. Its stock has fallen 31% since.
