Symbols / SPCE $2.93 -4.25% 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 238.53M
Enterprise Value 306.79M Income -278.91M Sales 1.54M
Book/sh 3.74 Cash/sh 3.77 Dividend Yield —
Payout 0.00% Employees 694 IPO —
P/E — Forward P/E -8.14 PEG —
P/S 154.49 P/B 0.78 P/C —
EV/EBITDA -1.14 EV/Sales 198.70 Quick Ratio 1.48
Current Ratio 1.78 Debt/Eq 136.99 LT Debt/Eq —
EPS (ttm) -5.44 EPS next Y -0.36 EPS Growth —
Revenue Growth -27.30% Earnings 2026-05-14 ROA -20.21%
ROE -93.55% ROIC — Gross Margin 0.00%
Oper. Margin -194.83% Profit Margin 0.00% Shs Outstand 81.41M
Shs Float 81.22M Short Float 22.42% Short Ratio 6.12
Short Interest — 52W High 6.64 52W Low 2.13
Beta 2.19 Avg Volume 4.89M Volume 8.87M
Target Price $3.61 Recom Hold Prev Close $3.06
Price $2.93 Change -4.25%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.61
Mean price target
2. Current target
$2.93
Latest analyst target
3. DCF / Fair value
$-75.10
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.93
Low
$2.05
High
$5.00
Mean
$3.61

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-10 main Susquehanna Neutral → Neutral $3
2026-04-02 main Jefferies Buy → Buy $5
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
News
RSS: Latest SPCE news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-07 AHRENS DOUGLAS T Chief Financial Officer — 152,996 — —
2026-04-07 COLGLAZIER MICHAEL A Chief Executive Officer — 277,945 — —
2026-04-07 CHITALE APARNA Officer — 66,570 — —
2026-04-07 KIM SARAH E Officer — 55,594 — —
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 — —
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 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1.54
-78.06%
7.04
+3.47%
6.80
+194.12%
2.31
Operating Revenue
1.54
-78.06%
7.04
+3.47%
6.80
+194.12%
2.31
Cost Of Revenue
72.77
-19.17%
90.02
+78.13%
50.54
+2551.52%
1.91
Reconciled Cost Of Revenue
72.77
-19.17%
90.02
+78.13%
50.54
+2551.52%
1.91
Gross Profit
-71.22
+14.17%
-82.99
-89.74%
-43.74
-10872.91%
0.41
Operating Expense
214.12
-27.08%
293.64
-39.25%
483.37
-3.40%
500.39
Research And Development
80.47
-47.30%
152.68
-48.27%
295.14
-6.06%
314.17
Selling General And Administration
117.17
-6.64%
125.50
-28.23%
174.86
-0.15%
175.12
Total Expenses
286.89
-25.22%
383.67
-28.14%
533.91
+6.29%
502.30
Operating Income
-285.34
+24.24%
-376.63
+28.55%
-527.11
-5.43%
-499.98
Total Operating Income As Reported
-285.34
+24.24%
-376.63
+29.14%
-531.51
-6.31%
-499.98
EBITDA
-249.59
+21.58%
-318.27
+33.09%
-475.64
+0.14%
-476.33
Normalized EBITDA
-246.79
+22.46%
-318.27
+32.46%
-471.25
+1.07%
-476.33
Reconciled Depreciation
16.48
+6.58%
15.47
+15.69%
13.37
+20.46%
11.10
EBIT
-266.07
+20.28%
-333.74
+31.75%
-489.01
-0.33%
-487.42
Total Unusual Items
-2.80
0.00
+100.00%
-4.40
0.00
Total Unusual Items Excluding Goodwill
-2.80
0.00
+100.00%
-4.40
0.00
Special Income Charges
-2.80
0.00
+100.00%
-4.40
0.00
Other Special Charges
2.80
—
—
—
Restructuring And Mergern Acquisition
—
0.00
-100.00%
4.40
0.00
Net Income
-278.91
+19.56%
-346.74
+30.97%
-502.34
-0.44%
-500.15
Pretax Income
-278.86
+19.56%
-346.67
+30.93%
-501.88
-0.47%
-499.55
Net Non Operating Interest Income Expense
9.06
-69.21%
29.43
+0.21%
29.36
+7793.01%
0.37
Interest Expense Non Operating
12.78
-1.12%
12.93
+0.43%
12.87
+6.12%
12.13
Net Interest Income
9.06
-69.21%
29.43
+0.21%
29.36
+7793.01%
0.37
Interest Expense
12.78
-1.12%
12.93
+0.43%
12.87
+6.12%
12.13
Interest Income Non Operating
21.84
-48.43%
42.35
+0.28%
42.23
+237.82%
12.50
Interest Income
21.84
-48.43%
42.35
+0.28%
42.23
+237.82%
12.50
Other Income Expense
-2.57
-578.07%
0.54
+113.01%
-4.13
-7229.31%
0.06
Other Non Operating Income Expenses
0.23
-57.99%
0.54
+104.56%
0.26
+353.45%
0.06
Gain On Sale Of Security
—
—
—
—
Tax Provision
0.05
-29.73%
0.07
-83.66%
0.45
-24.25%
0.60
Tax Rate For Calcs
0.00
0.00
-100.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
+100.00%
-0.92
0.00
Net Income Including Noncontrolling Interests
-278.91
+19.56%
-346.74
+30.97%
-502.34
-0.44%
-500.15
Net Income From Continuing Operation Net Minority Interest
-278.91
+19.56%
-346.74
+30.97%
-502.34
-0.44%
-500.15
Net Income From Continuing And Discontinued Operation
-278.91
+19.56%
-346.74
+30.97%
-502.34
-0.44%
-500.15
Net Income Continuous Operations
-278.91
+19.56%
-346.74
+30.97%
-502.34
-0.44%
-500.15
Normalized Income
-276.11
+20.37%
-346.74
+30.49%
-498.86
+0.26%
-500.15
Net Income Common Stockholders
-278.91
+19.56%
-346.74
+30.97%
-502.34
-0.44%
-500.15
Diluted EPS
—
-13.89
+53.39%
-29.80
+21.16%
-37.80
Basic EPS
—
-13.89
+53.39%
-29.80
+21.16%
-37.80
Basic Average Shares
—
24.95
+47.99%
16.86
+27.78%
13.20
Diluted Average Shares
—
24.95
+47.99%
16.86
+27.78%
13.20
Diluted NI Availto Com Stockholders
-278.91
+19.56%
-346.74
+30.97%
-502.34
-0.44%
-500.15
Depreciation Amortization Depletion Income Statement
16.48
+6.58%
15.47
+15.69%
13.37
+20.46%
11.10
Depreciation And Amortization In Income Statement
16.48
+6.58%
15.47
+15.69%
13.37
+20.46%
11.10
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
803.18
-16.44%
961.23
-18.51%
1,179.52
+3.47%
1,139.94
Current Assets
372.90
-40.62%
627.94
-33.96%
950.83
-5.07%
1,001.61
Cash Cash Equivalents And Short Term Investments
307.04
-45.49%
563.23
-35.56%
874.04
-3.85%
909.01
Cash And Cash Equivalents
144.73
-18.97%
178.60
-17.62%
216.80
-28.28%
302.29
Other Short Term Investments
162.31
-57.80%
384.62
-41.48%
657.24
+8.33%
606.72
Inventory
—
—
16.30
-32.20%
24.04
Raw Materials
—
—
16.30
-32.20%
24.04
Prepaid Assets
—
—
—
—
Restricted Cash
30.99
-4.00%
32.28
-12.27%
36.79
-8.78%
40.34
Other Current Assets
34.87
+7.52%
32.43
-18.92%
40.00
+41.70%
28.23
Total Non Current Assets
430.28
+29.10%
333.29
+45.74%
228.69
+65.33%
138.32
Net PPE
388.73
+85.89%
209.11
+122.92%
93.81
+74.82%
53.66
Gross PPE
493.37
+64.74%
299.49
+76.76%
169.43
+45.25%
116.65
Accumulated Depreciation
-104.64
-15.78%
-90.37
-19.50%
-75.63
-20.06%
-62.99
Properties
0.00
0.00
0.00
0.00
Land And Improvements
1.30
+0.00%
1.30
+0.00%
1.30
+0.00%
1.30
Buildings And Improvements
10.11
+0.00%
10.11
+11.21%
9.09
-0.27%
9.12
Machinery Furniture Equipment
101.37
+9.39%
92.68
+6.14%
87.31
+23.31%
70.81
Construction In Progress
302.73
+156.96%
117.81
+240.65%
34.58
+697.05%
4.34
Leases
77.85
+0.34%
77.59
+108.90%
37.14
+19.48%
31.09
Investments And Advances
0.00
-100.00%
61.28
-14.41%
71.60
+135.58%
30.39
Other Non Current Assets
41.55
-33.94%
62.90
-0.62%
63.29
+16.60%
54.27
Total Liabilities Net Minority Interest
529.22
-17.17%
638.95
-5.21%
674.04
+2.17%
659.72
Current Liabilities
209.32
+39.54%
150.01
-19.20%
185.66
+0.87%
184.05
Payables And Accrued Expenses
56.72
+6.55%
53.23
-28.16%
74.09
+43.54%
51.62
Payables
15.16
+310.25%
3.70
-88.60%
32.41
+98.55%
16.33
Accounts Payable
15.16
+310.25%
3.70
-88.60%
32.41
+98.55%
16.33
Current Accrued Expenses
41.55
-16.11%
49.53
+18.84%
41.68
+18.09%
35.29
Pensionand Other Post Retirement Benefit Plans Current
—
—
32.18
+21.18%
26.55
Current Debt And Capital Lease Obligation
47.83
—
—
—
Current Debt
47.83
—
—
—
Current Deferred Liabilities
78.53
-7.05%
84.49
-13.64%
97.84
-4.68%
102.65
Current Deferred Revenue
78.53
-7.05%
84.49
-13.64%
97.84
-4.68%
102.65
Other Current Liabilities
26.24
+113.55%
12.29
-10.46%
13.72
+324.66%
3.23
Total Non Current Liabilities Net Minority Interest
319.89
-34.57%
488.94
+0.11%
488.38
+2.67%
475.66
Long Term Debt And Capital Lease Obligation
276.36
-34.22%
420.12
+0.53%
417.89
+0.52%
415.72
Long Term Debt
276.36
-34.22%
420.12
+0.53%
417.89
+0.52%
415.72
Other Non Current Liabilities
43.53
-36.74%
68.81
-2.38%
70.50
+17.61%
59.94
Stockholders Equity
273.96
-14.99%
322.28
-36.24%
505.48
+5.26%
480.22
Common Stock Equity
273.96
-14.99%
322.28
-36.24%
505.48
+5.26%
480.22
Capital Stock
0.01
+133.33%
0.00
+50.00%
0.00
-92.86%
0.03
Common Stock
0.01
+133.33%
0.00
+50.00%
0.00
-92.86%
0.03
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
73.33
+122.23%
33.00
+65.02%
20.00
+45.21%
13.77
Ordinary Shares Number
73.33
+122.23%
33.00
+65.02%
20.00
+45.21%
13.77
Additional Paid In Capital
3,025.60
+8.26%
2,794.87
+6.22%
2,631.24
+24.63%
2,111.32
Retained Earnings
-2,751.78
-11.28%
-2,472.87
-16.31%
-2,126.13
-30.94%
-1,623.80
Gains Losses Not Affecting Retained Earnings
0.13
-52.52%
0.28
-25.07%
0.37
+105.06%
-7.33
Other Equity Adjustments
0.13
-52.52%
0.28
-25.07%
0.37
+105.06%
-7.33
Total Equity Gross Minority Interest
273.96
-14.99%
322.28
-36.24%
505.48
+5.26%
480.22
Total Capitalization
550.33
-25.87%
742.40
-19.60%
923.36
+3.06%
895.94
Working Capital
163.57
-65.77%
477.93
-37.54%
765.17
-6.41%
817.56
Invested Capital
598.16
-19.43%
742.40
-19.60%
923.36
+3.06%
895.94
Total Debt
324.19
-22.83%
420.12
+0.53%
417.89
+0.52%
415.72
Net Debt
179.47
-25.69%
241.51
+20.10%
201.09
+77.28%
113.43
Net Tangible Assets
273.96
-14.99%
322.28
-36.24%
505.48
+5.26%
480.22
Tangible Book Value
273.96
-14.99%
322.28
-36.24%
505.48
+5.26%
480.22
Available For Sale Securities
—
61.28
-14.41%
71.60
+135.58%
30.39
Derivative Product Liabilities
—
—
—
—
Investmentin Financial Assets
0.00
-100.00%
61.28
-14.41%
71.60
+135.58%
30.39
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-240.14
+31.91%
-352.70
+21.31%
-448.19
-17.87%
-380.24
Cash Flow From Continuing Operating Activities
-240.14
+31.91%
-352.70
+21.31%
-448.19
-17.87%
-380.24
Net Income From Continuing Operations
-278.91
+19.56%
-346.74
+30.97%
-502.34
-0.44%
-500.15
Depreciation Amortization Depletion
16.48
+6.58%
15.47
+15.69%
13.37
+20.46%
11.10
Depreciation And Amortization
16.48
+6.58%
15.47
+15.69%
13.37
+20.46%
11.10
Other Non Cash Items
2.29
-38.01%
3.69
+0.44%
3.67
-71.28%
12.80
Stock Based Compensation
18.70
-37.15%
29.75
-32.78%
44.26
-3.17%
45.71
Operating Gains Losses
—
—
—
—
Gain Loss On Investment Securities
—
—
—
—
Change In Working Capital
7.37
+119.26%
-38.24
-582.38%
7.93
-84.24%
50.31
Change In Inventory
—
—
4.76
-15.43%
5.62
Change In Payables And Accrued Expense
11.22
+138.42%
-29.20
-438.59%
8.62
-75.46%
35.15
Change In Payable
11.22
+138.42%
-29.20
-438.59%
8.62
—
Change In Account Payable
11.22
+138.42%
-29.20
-438.59%
8.62
—
Change In Other Working Capital
-5.96
+55.36%
-13.35
-177.74%
-4.81
-140.78%
11.78
Change In Other Current Assets
-3.61
-134.16%
10.57
-36.18%
16.55
+689.15%
-2.81
Change In Other Current Liabilities
5.71
+191.35%
-6.25
+49.76%
-12.45
-2338.67%
0.56
Investing Cash Flow
90.84
-48.28%
175.66
+251.07%
-116.27
+59.37%
-286.17
Cash Flow From Continuing Investing Activities
90.84
-48.28%
175.66
+251.07%
-116.27
+59.37%
-286.17
Capital Expenditure
-198.04
-62.53%
-121.86
-175.01%
-44.31
-168.72%
-16.49
Capital Expenditure Reported
-198.04
-62.53%
-121.86
-175.01%
-44.31
-168.72%
-16.49
Net Investment Purchase And Sale
288.88
-2.70%
296.90
+512.57%
-71.96
+73.31%
-269.68
Purchase Of Investment
-313.04
+42.40%
-543.43
+46.19%
-1,009.84
-43.33%
-704.57
Sale Of Investment
601.92
-28.37%
840.34
-10.40%
937.87
+115.66%
434.89
Net Other Investing Changes
0.01
-98.69%
0.61
—
—
Financing Cash Flow
114.13
-15.04%
134.34
-71.74%
475.43
+3.58%
459.00
Cash Flow From Continuing Financing Activities
114.13
-15.04%
134.34
-71.74%
475.43
+3.58%
459.00
Net Issuance Payments Of Debt
-108.32
-56022.28%
-0.19
+17.87%
-0.23
-100.06%
424.46
Issuance Of Debt
212.50
0.00
0.00
-100.00%
425.00
Repayment Of Debt
-320.81
-166123.83%
-0.19
+17.87%
-0.23
+56.80%
-0.54
Long Term Debt Issuance
212.50
0.00
0.00
-100.00%
425.00
Long Term Debt Payments
-320.81
-166123.83%
-0.19
+17.87%
-0.23
+56.80%
-0.54
Net Long Term Debt Issuance
-108.32
-56022.28%
-0.19
+17.87%
-0.23
-100.06%
424.46
Net Common Stock Issuance
167.23
+21.36%
137.80
-71.54%
484.14
+368.56%
103.33
Proceeds From Stock Option Exercised
62.99
0.00
0.00
-100.00%
0.05
Net Other Financing Charges
-7.78
-138.31%
-3.26
+61.52%
-8.48
+87.68%
-68.83
Changes In Cash
-35.17
+17.65%
-42.71
+52.03%
-89.03
+57.07%
-207.40
Beginning Cash Position
210.88
-16.84%
253.59
-25.99%
342.63
-37.71%
550.03
End Cash Position
175.72
-16.68%
210.88
-16.84%
253.59
-25.99%
342.63
Free Cash Flow
-438.19
+7.66%
-474.56
+3.64%
-492.50
-24.14%
-396.73
Interest Paid Supplemental Data
8.69
-18.25%
10.62
-33.34%
15.94
+181.24%
5.67
Income Tax Paid Supplemental Data
—
0.33
-50.00%
0.66
+722.50%
0.08
Amortization Of Securities
-6.07
+63.50%
-16.64
-10.28%
-15.09
—
Common Stock Issuance
167.23
+21.36%
137.80
-71.54%
484.14
+368.56%
103.33
Issuance Of Capital Stock
167.23
+21.36%
137.80
-71.54%
484.14
+368.56%
103.33
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
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