Key Highlights:
- Virgin Galactic (SPCE, Financial) shares surged by 15% after surpassing Q1 earnings expectations.
- The company aims to begin research payload and private astronaut flights by 2026.
- Analysts project a significant upside potential based on the current stock price.
Virgin Galactic (SPCE) has captured investor attention with a 15% spike in shares, fueled by impressive Q1 earnings and a promising spaceflight schedule. The company is set to propel forward by launching research payload flights by the summer of 2026 and private astronaut excursions by the fall of the same year. This ambitious timeline underscores Virgin Galactic's commitment to cultivating a scalable business model in the burgeoning space tourism industry.
Wall Street's Perspective on Virgin Galactic
According to projections from seven analysts, the average one-year price target for Virgin Galactic Holdings Inc (SPCE, Financial) stands at $8.82. This forecast includes a high estimate of $36.00 and a low of $1.00, inferring a potential upside of 163.33% from the current stock price of $3.35. For more in-depth price target data, visit the Virgin Galactic Holdings Inc (SPCE) Forecast page.
Brokerage Recommendations and Ratings
Virgin Galactic's (SPCE, Financial) consensus recommendation from 10 brokerage firms is currently marked at 3.2, placing the stock in the "Hold" category. This rating falls on a scale from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell. This insight gives potential investors a nuanced understanding of the market's perception of SPCE's potential.
GuruFocus's GF Value Insight
GuruFocus projects the estimated GF Value for Virgin Galactic Holdings Inc (SPCE, Financial) to reach $68.36 within a year. This GF Value suggests a staggering upside of 1940.6% from the current price of $3.35. The GF Value represents GuruFocus's assessment of the fair value for the stock, which is calculated based on historical trading multiples, past business growth, and projected future performance. For further details, explore the Virgin Galactic Holdings Inc (SPCE) Summary page.
