Symbols / SPCE $2.17 -3.98% Virgin Galactic Holdings, Inc.

Industrials • Aerospace & Defense • United States • NYQ
SPCE Chart
About

Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. It engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies. The company is headquartered in Tustin, California.

Fundamentals
Scroll to Statements
Sector Industrials Industry Aerospace & Defense Market Cap 158.69M
Enterprise Value 221.74M Income -292.60M Sales 1.66M
Book/sh 3.58 Cash/sh 6.23 Dividend Yield —
Payout 0.00% Employees 744 IPO —
P/E — Forward P/E -0.53 PEG —
P/S 95.54 P/B 0.61 P/C —
EV/EBITDA -0.77 EV/Sales 133.50 Quick Ratio 2.47
Current Ratio 2.87 Debt/Eq 211.67 LT Debt/Eq —
EPS (ttm) -6.84 EPS next Y -4.06 EPS Growth —
Revenue Growth -9.20% Earnings 2026-03-30 ROA -20.49%
ROE -98.87% ROIC — Gross Margin 0.00%
Oper. Margin -181.28% Profit Margin 0.00% Shs Outstand 73.13M
Shs Float 63.06M Short Float 23.19% Short Ratio 10.38
Short Interest — 52W High 6.64 52W Low 2.13
Beta 2.28 Avg Volume 3.23M Volume 3.70M
Target Price $4.50 Recom None Prev Close $2.26
Price $2.17 Change -3.98%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.50
Mean price target
2. Current target
$2.17
Latest analyst target
3. DCF / Fair value
$-87.78
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.17
Low
$2.30
High
$8.00
Mean
$4.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-12-12 main Morgan Stanley Underweight → Underweight $2
2025-10-09 main Susquehanna Neutral → Neutral $4
2025-08-21 main Bernstein Underperform → Underperform $2
2025-05-16 main Jefferies Buy → Buy $8
2025-03-13 main Susquehanna Neutral → Neutral $3
2025-03-03 main Goldman Sachs Neutral → Neutral $36
2024-08-09 main Goldman Sachs Neutral → Neutral $53
2024-08-08 main Susquehanna Neutral → Neutral $6
2024-07-17 main Susquehanna Neutral → Neutral $8
2024-07-10 main Goldman Sachs Neutral → Neutral $61
2024-06-20 main Morgan Stanley Underweight → Underweight $35
2024-05-13 main TD Cowen Buy → Buy $2
2024-05-13 main Goldman Sachs Neutral → Neutral $4
2024-05-09 main Wells Fargo Underweight → Underweight $1
2024-05-08 main Susquehanna Neutral → Neutral $1
2024-04-04 main Wells Fargo Underweight → Underweight $1
2024-02-28 main Truist Securities Hold → Hold $2
2024-01-10 up Truist Securities Sell → Hold $3
2023-11-22 down Morgan Stanley Equal-Weight → Underweight $2
2023-11-09 main Susquehanna Neutral → Neutral $2
News
RSS: Latest SPCE news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-16 AHRENS DOUGLAS T Chief Financial Officer — 35,560 — —
2026-03-16 COLGLAZIER MICHAEL A Chief Executive Officer — 43,103 — —
2026-03-16 CHITALE APARNA Officer — 13,470 — —
2026-03-16 KIM SARAH E Officer — 11,853 — —
2025-12-30 AHRENS DOUGLAS T Chief Financial Officer — 1,376 — —
2025-12-30 COLGLAZIER MICHAEL A Chief Executive Officer — 2,272 — —
2025-12-30 CHITALE APARNA Officer — 525 — —
2025-10-07 COLGLAZIER MICHAEL A Chief Executive Officer — 2,273 — —
2025-10-07 CHITALE APARNA Officer — 524 — —
2025-10-07 AHRENS DOUGLAS T Chief Financial Officer — 1,377 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
7.04
+3.47%
6.80
+194.12%
2.31
-29.77%
3.29
Operating Revenue
7.04
+3.47%
6.80
+194.12%
2.31
-29.77%
3.29
Cost Of Revenue
90.02
+78.13%
50.54
+2551.52%
1.91
+600.74%
0.27
Reconciled Cost Of Revenue
90.02
+78.13%
50.54
+2551.52%
1.91
+600.74%
0.27
Gross Profit
-82.99
-89.74%
-43.74
-10872.91%
0.41
-86.56%
3.02
Operating Expense
293.64
-39.25%
483.37
-3.40%
500.39
+55.13%
322.56
Research And Development
152.68
-48.27%
295.14
-6.06%
314.17
+117.84%
144.22
Selling General And Administration
125.50
-28.23%
174.86
-0.15%
175.12
+4.98%
166.81
Total Expenses
383.67
-28.14%
533.91
+6.29%
502.30
+55.59%
322.83
Operating Income
-376.63
+28.55%
-527.11
-5.43%
-499.98
-56.47%
-319.54
Total Operating Income As Reported
-376.63
+29.14%
-531.51
-6.31%
-499.98
-56.47%
-319.54
EBITDA
-318.27
+33.09%
-475.64
+0.14%
-476.33
-39.57%
-341.28
Normalized EBITDA
-318.27
+32.46%
-471.25
+1.07%
-476.33
-55.34%
-306.63
Reconciled Depreciation
15.47
+15.69%
13.37
+20.46%
11.10
-3.65%
11.52
EBIT
-333.74
+31.75%
-489.01
-0.33%
-487.42
-38.16%
-352.80
Total Unusual Items
0.00
+100.00%
-4.40
0.00
+100.00%
-34.65
Total Unusual Items Excluding Goodwill
0.00
+100.00%
-4.40
0.00
+100.00%
-34.65
Special Income Charges
0.00
+100.00%
-4.40
0.00
0.00
Restructuring And Mergern Acquisition
0.00
-100.00%
4.40
0.00
0.00
Net Income
-346.74
+30.97%
-502.34
-0.44%
-500.15
-41.73%
-352.90
Pretax Income
-346.67
+30.93%
-501.88
-0.47%
-499.55
-41.59%
-352.82
Net Non Operating Interest Income Expense
29.43
+0.21%
29.36
+7793.01%
0.37
-68.55%
1.18
Interest Expense Non Operating
12.93
+0.43%
12.87
+6.12%
12.13
+48420.00%
0.03
Net Interest Income
29.43
+0.21%
29.36
+7793.01%
0.37
-68.55%
1.18
Interest Expense
12.93
+0.43%
12.87
+6.12%
12.13
+48420.00%
0.03
Interest Income Non Operating
42.35
+0.28%
42.23
+237.82%
12.50
+934.93%
1.21
Interest Income
42.35
+0.28%
42.23
+237.82%
12.50
+934.93%
1.21
Other Income Expense
0.54
+113.01%
-4.13
-7229.31%
0.06
+100.17%
-34.47
Other Non Operating Income Expenses
0.54
+104.56%
0.26
+353.45%
0.06
-68.13%
0.18
Gain On Sale Of Security
—
—
—
-34.65
Tax Provision
0.07
-83.66%
0.45
-24.25%
0.60
+656.96%
0.08
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
-22.22%
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-0.92
0.00
+100.00%
-9.36
Net Income Including Noncontrolling Interests
-346.74
+30.97%
-502.34
-0.44%
-500.15
-41.73%
-352.90
Net Income From Continuing Operation Net Minority Interest
-346.74
+30.97%
-502.34
-0.44%
-500.15
-41.73%
-352.90
Net Income From Continuing And Discontinued Operation
-346.74
+30.97%
-502.34
-0.44%
-500.15
-41.73%
-352.90
Net Income Continuous Operations
-346.74
+30.97%
-502.34
-0.44%
-500.15
-41.73%
-352.90
Normalized Income
-346.74
+30.49%
-498.86
+0.26%
-500.15
-52.67%
-327.60
Net Income Common Stockholders
-346.74
+30.97%
-502.34
-0.44%
-500.15
-41.73%
-352.90
Diluted EPS
-13.89
+53.39%
-29.80
+21.16%
-37.80
-32.17%
-28.60
Basic EPS
-13.89
+53.39%
-29.80
+21.16%
-37.80
-32.17%
-28.60
Basic Average Shares
24.95
+47.99%
16.86
+27.78%
13.20
+6.59%
12.38
Diluted Average Shares
24.95
+47.99%
16.86
+27.78%
13.20
+6.59%
12.38
Diluted NI Availto Com Stockholders
-346.74
+30.97%
-502.34
-0.44%
-500.15
-41.73%
-352.90
Depreciation Amortization Depletion Income Statement
15.47
+15.69%
13.37
+20.46%
11.10
-3.65%
11.52
Depreciation And Amortization In Income Statement
15.47
+15.69%
13.37
+20.46%
11.10
-3.65%
11.52
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
961.23
-18.51%
1,179.52
+3.47%
1,139.94
+6.65%
1,068.83
Current Assets
627.94
-33.96%
950.83
-5.07%
1,001.61
+47.60%
678.59
Cash Cash Equivalents And Short Term Investments
563.23
-35.56%
874.04
-3.85%
909.01
+50.52%
603.90
Cash And Cash Equivalents
178.60
-17.62%
216.80
-28.28%
302.29
-42.36%
524.48
Other Short Term Investments
384.62
-41.48%
657.24
+8.33%
606.72
+663.95%
79.42
Inventory
—
16.30
-32.20%
24.04
-18.96%
29.67
Raw Materials
—
16.30
-32.20%
24.04
-18.96%
29.67
Prepaid Assets
—
—
—
19.48
Restricted Cash
32.28
-12.27%
36.79
-8.78%
40.34
+57.88%
25.55
Other Current Assets
32.43
-18.92%
40.00
+41.70%
28.23
+44.94%
19.48
Total Non Current Assets
333.29
+45.74%
228.69
+65.33%
138.32
-64.55%
390.24
Net PPE
209.11
+122.92%
93.81
+74.82%
53.66
+12.97%
47.50
Gross PPE
299.49
+76.76%
169.43
+45.25%
116.65
+14.48%
101.89
Accumulated Depreciation
-90.37
-19.50%
-75.63
-20.06%
-62.99
-15.80%
-54.40
Properties
0.00
0.00
0.00
0.00
Land And Improvements
1.30
+0.00%
1.30
+0.00%
1.30
0.00
Buildings And Improvements
10.11
+11.21%
9.09
-0.27%
9.12
+0.00%
9.12
Machinery Furniture Equipment
92.68
+6.14%
87.31
+23.31%
70.81
+16.61%
60.72
Construction In Progress
117.81
+240.65%
34.58
+697.05%
4.34
+49.57%
2.90
Leases
77.59
+108.90%
37.14
+19.48%
31.09
+6.62%
29.16
Investments And Advances
61.28
-14.41%
71.60
+135.58%
30.39
-89.92%
301.46
Other Non Current Assets
62.90
-0.62%
63.29
+16.60%
54.27
+31.47%
41.28
Total Liabilities Net Minority Interest
638.95
-5.21%
674.04
+2.17%
659.72
+277.91%
174.57
Current Liabilities
150.01
-19.20%
185.66
+0.87%
184.05
+39.94%
131.52
Payables And Accrued Expenses
53.23
-28.16%
74.09
+43.54%
51.62
+35.76%
38.02
Payables
3.70
-88.60%
32.41
+98.55%
16.33
+76.75%
9.24
Accounts Payable
3.70
-88.60%
32.41
+98.55%
16.33
+76.75%
9.24
Current Accrued Expenses
49.53
+18.84%
41.68
+18.09%
35.29
+22.60%
28.79
Pensionand Other Post Retirement Benefit Plans Current
—
32.18
+21.18%
26.55
—
Current Deferred Liabilities
84.49
-13.64%
97.84
-4.68%
102.65
+12.97%
90.86
Current Deferred Revenue
84.49
-13.64%
97.84
-4.68%
102.65
+12.97%
90.86
Other Current Liabilities
12.29
-10.46%
13.72
+324.66%
3.23
+22.61%
2.64
Total Non Current Liabilities Net Minority Interest
488.94
+0.11%
488.38
+2.67%
475.66
+1004.98%
43.05
Long Term Debt And Capital Lease Obligation
420.12
+0.53%
417.89
+0.52%
415.72
—
Long Term Debt
420.12
+0.53%
417.89
+0.52%
415.72
—
Other Non Current Liabilities
68.81
-2.38%
70.50
+17.61%
59.94
+39.25%
43.05
Stockholders Equity
322.28
-36.24%
505.48
+5.26%
480.22
-46.30%
894.26
Common Stock Equity
322.28
-36.24%
505.48
+5.26%
480.22
-46.30%
894.26
Capital Stock
0.00
+50.00%
0.00
-92.86%
0.03
+7.69%
0.03
Common Stock
0.00
+50.00%
0.00
-92.86%
0.03
+7.69%
0.03
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
33.00
+65.02%
20.00
+45.21%
13.77
+6.67%
12.91
Ordinary Shares Number
33.00
+65.02%
20.00
+45.21%
13.77
+6.67%
12.91
Additional Paid In Capital
2,794.87
+6.22%
2,631.24
+24.63%
2,111.32
+4.53%
2,019.75
Retained Earnings
-2,472.87
-16.31%
-2,126.13
-30.94%
-1,623.80
-44.51%
-1,123.64
Gains Losses Not Affecting Retained Earnings
0.28
-25.07%
0.37
+105.06%
-7.33
-291.97%
-1.87
Other Equity Adjustments
0.28
-25.07%
0.37
+105.06%
-7.33
-291.97%
-1.87
Total Equity Gross Minority Interest
322.28
-36.24%
505.48
+5.26%
480.22
-46.30%
894.26
Total Capitalization
742.40
-19.60%
923.36
+3.06%
895.94
+0.19%
894.26
Working Capital
477.93
-37.54%
765.17
-6.41%
817.56
+49.44%
547.07
Invested Capital
742.40
-19.60%
923.36
+3.06%
895.94
+0.19%
894.26
Total Debt
420.12
+0.53%
417.89
+0.52%
415.72
—
Net Debt
241.51
+20.10%
201.09
+77.28%
113.43
—
Net Tangible Assets
322.28
-36.24%
505.48
+5.26%
480.22
-46.30%
894.26
Tangible Book Value
322.28
-36.24%
505.48
+5.26%
480.22
-46.30%
894.26
Available For Sale Securities
61.28
-14.41%
71.60
+135.58%
30.39
-89.92%
301.46
Derivative Product Liabilities
—
—
—
0.00
Investmentin Financial Assets
61.28
-14.41%
71.60
+135.58%
30.39
-89.92%
301.46
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
-352.70
+21.31%
-448.19
-17.87%
-380.24
-64.78%
-230.76
Cash Flow From Continuing Operating Activities
-352.70
+21.31%
-448.19
-17.87%
-380.24
-64.78%
-230.76
Net Income From Continuing Operations
-346.74
+30.97%
-502.34
-0.44%
-500.15
-41.73%
-352.90
Depreciation Amortization Depletion
15.47
+15.69%
13.37
+20.46%
11.10
-3.65%
11.52
Depreciation And Amortization
15.47
+15.69%
13.37
+20.46%
11.10
-3.65%
11.52
Other Non Cash Items
3.69
+0.44%
3.67
-71.28%
12.80
+116245.45%
0.01
Stock Based Compensation
29.75
-32.78%
44.26
-3.17%
45.71
-26.04%
61.80
Operating Gains Losses
—
—
—
34.65
Gain Loss On Investment Securities
—
—
—
34.65
Change In Working Capital
-38.24
-582.38%
7.93
-84.24%
50.31
+255.47%
14.15
Change In Inventory
—
4.76
-15.43%
5.62
+590.18%
0.81
Change In Payables And Accrued Expense
-29.20
-438.59%
8.62
-75.46%
35.15
+342.99%
7.93
Change In Payable
-29.20
-438.59%
8.62
—
—
Change In Account Payable
-29.20
-438.59%
8.62
—
—
Change In Other Working Capital
-13.35
-177.74%
-4.81
-140.78%
11.78
+54.00%
7.65
Change In Other Current Assets
10.57
-36.18%
16.55
+689.15%
-2.81
+18.90%
-3.46
Change In Other Current Liabilities
-6.25
+49.76%
-12.45
-2338.67%
0.56
-54.24%
1.22
Investing Cash Flow
175.66
+251.07%
-116.27
+59.37%
-286.17
+26.15%
-387.52
Cash Flow From Continuing Investing Activities
175.66
+251.07%
-116.27
+59.37%
-286.17
+26.15%
-387.52
Capital Expenditure
-121.86
-175.01%
-44.31
-168.72%
-16.49
-255.75%
-4.63
Capital Expenditure Reported
-121.86
-175.01%
-44.31
-168.72%
-16.49
-255.75%
-4.63
Net Investment Purchase And Sale
296.90
+512.57%
-71.96
+73.31%
-269.68
+29.57%
-382.88
Purchase Of Investment
-543.43
+46.19%
-1,009.84
-43.33%
-704.57
-84.02%
-382.88
Sale Of Investment
840.34
-10.40%
937.87
+115.66%
434.89
0.00
Net Other Investing Changes
0.61
—
—
—
Financing Cash Flow
134.34
-71.74%
475.43
+3.58%
459.00
-6.20%
489.36
Cash Flow From Continuing Financing Activities
134.34
-71.74%
475.43
+3.58%
459.00
-6.20%
489.36
Net Issuance Payments Of Debt
-0.19
+17.87%
-0.23
-100.06%
424.46
+94423.56%
-0.45
Issuance Of Debt
—
0.00
-100.00%
425.00
0.00
Repayment Of Debt
-0.19
+17.87%
-0.23
+56.80%
-0.54
-20.89%
-0.45
Long Term Debt Issuance
—
0.00
-100.00%
425.00
0.00
Long Term Debt Payments
-0.19
+17.87%
-0.23
+56.80%
-0.54
-20.89%
-0.45
Net Long Term Debt Issuance
-0.19
+17.87%
-0.23
-100.06%
424.46
+94423.56%
-0.45
Net Common Stock Issuance
137.80
-71.54%
484.14
+368.56%
103.33
-79.33%
500.00
Proceeds From Stock Option Exercised
—
0.00
-100.00%
0.05
-99.75%
19.98
Net Other Financing Charges
-3.26
+61.52%
-8.48
+87.68%
-68.83
-128.11%
-30.17
Changes In Cash
-42.71
+52.03%
-89.03
+57.07%
-207.40
-60.87%
-128.93
Beginning Cash Position
253.59
-25.99%
342.63
-37.71%
550.03
-18.99%
678.96
End Cash Position
210.88
-16.84%
253.59
-25.99%
342.63
-37.71%
550.03
Free Cash Flow
-474.56
+3.64%
-492.50
-24.14%
-396.73
-68.54%
-235.40
Interest Paid Supplemental Data
10.62
-33.34%
15.94
+181.24%
5.67
0.00
Income Tax Paid Supplemental Data
0.33
-50.00%
0.66
+722.50%
0.08
-26.61%
0.11
Amortization Of Securities
-16.64
-10.28%
-15.09
—
—
Common Stock Issuance
137.80
-71.54%
484.14
+368.56%
103.33
-79.33%
500.00
Issuance Of Capital Stock
137.80
-71.54%
484.14
+368.56%
103.33
-79.33%
500.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
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