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

Key Points

• Virgin Galactic will report Q1 2026 results after the market close on May 14 at 5:00 PM ET; analysts expect ($0.79) EPS and $0.20M in revenue.
• In the prior quarter the company posted ($0.98) EPS (beating estimates) on $0.31M revenue but remains heavily loss-making, with analysts projecting about -$4 EPS for the current fiscal year and -$1 EPS next year.
• Shares trade around $2.66 with a market cap near $216M, roughly 46.6% institutional ownership, and mixed analyst coverage—consensus rating "Reduce" with a $3.33 target.

Virgin Galactic (NYSE:SPCE - Get Free Report) will likely be issuing its Q1 2026 results after the market closes on Thursday, May 14th. Analysts expect the company to announce earnings of ($0.79) per share and revenue of $0.20 million for the quarter. Parties may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 14, 2026 at 5:00 PM ET.

Virgin Galactic (NYSE:SPCE - Get Free Report) last released its earnings results on Monday, March 30th. The company reported ($0.98) earnings per share for the quarter, beating analysts' consensus estimates of ($1.12) by $0.14. The firm had revenue of $0.31 million for the quarter, compared to analysts' expectations of $0.41 million. Virgin Galactic had a negative net margin of 18,063.93% and a negative return on equity of 106.67%. During the same period in the previous year, the company earned ($2.53) earnings per share. On average, analysts expect Virgin Galactic to post $-4 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Virgin Galactic Stock Up 8.4%

SPCE opened at $2.66 on Thursday. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.01. The stock has a market cap of $216.14 million, a price-to-earnings ratio of -0.45 and a beta of 2.18. Virgin Galactic has a twelve month low of $2.13 and a twelve month high of $6.64. The company's 50-day moving average price is $2.62 and its two-hundred day moving average price is $3.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Virtu Financial LLC bought a new position in Virgin Galactic in the 4th quarter worth approximately $129,000. Invesco Ltd. boosted its holdings in Virgin Galactic by 52.9% in the 4th quarter. Invesco Ltd. now owns 406,294 shares of the company's stock worth $1,304,000 after buying an additional 140,537 shares during the period. Quadrature Capital Ltd lifted its stake in Virgin Galactic by 130.5% in the 4th quarter. Quadrature Capital Ltd now owns 139,702 shares of the company's stock worth $448,000 after purchasing an additional 79,088 shares in the last quarter. Millennium Management LLC lifted its stake in Virgin Galactic by 118.9% in the 4th quarter. Millennium Management LLC now owns 479,789 shares of the company's stock worth $1,540,000 after purchasing an additional 260,594 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in Virgin Galactic in the 4th quarter worth approximately $78,000. 46.62% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

SPCE has been the topic of a number of research analyst reports. Weiss Ratings reiterated a "sell (e+)" rating on shares of Virgin Galactic in a research note on Monday, April 20th. Susquehanna boosted their target price on shares of Virgin Galactic from $2.50 to $3.00 and gave the company a "neutral" rating in a research note on Friday, April 10th. Jefferies Financial Group dropped their target price on shares of Virgin Galactic from $8.00 to $5.00 and set a "buy" rating on the stock in a research note on Thursday, April 2nd. Finally, Wall Street Zen cut shares of Virgin Galactic from a "hold" rating to a "sell" rating in a research note on Saturday, April 4th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Virgin Galactic has a consensus rating of "Reduce" and a consensus target price of $3.33.

About Virgin Galactic

Virgin Galactic Holdings, Inc NYSE: SPCE is a commercial spaceflight company developing and operating spacecraft for private individuals and research customers. The firm's primary business is suborbital human spaceflight, offering passengers a brief trip to the edge of space aboard its reusable spaceplane. In parallel, the company is building out infrastructure and support services for suborbital payload deployments and microgravity research missions.

The core flight system consists of a carrier aircraft, WhiteKnightTwo, which lifts the spaceplane SpaceShipTwo to high altitude before release.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.