Virgin Galactic (SPCE) Expected to Announce Quarterly Earnings on Thursday

Virgin Galactic (NYSE:SPCE - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Thursday, May 15th. Analysts expect the company to announce earnings of ($2.23) per share and revenue of $0.33 million for the quarter.

Virgin Galactic Stock Up 0.2 %

Shares of Virgin Galactic stock opened at $2.85 on Thursday. The company has a debt-to-equity ratio of 1.15, a current ratio of 4.52 and a quick ratio of 4.52. Virgin Galactic has a 1-year low of $2.18 and a 1-year high of $28.20. The business's fifty day moving average price is $3.04 and its two-hundred day moving average price is $4.91. The company has a market capitalization of $101.08 million, a P/E ratio of -0.17 and a beta of 2.10.

Analyst Upgrades and Downgrades

SPCE has been the topic of several research analyst reports. Susquehanna lowered their target price on shares of Virgin Galactic from $4.00 to $3.25 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. The Goldman Sachs Group lowered their price objective on shares of Virgin Galactic from $41.00 to $36.00 and set a "neutral" rating on the stock in a research note on Monday, March 3rd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $19.85.

Virgin Galactic Company Profile

Virgin Galactic Holdings, Inc, an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. The company 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.

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