Virgin Galactic Holdings, Inc. (SPCE) AI Stock Analysis

Virgin Galactic Holdings, Inc., based in Las Cruces, New Mexico, develops, manufactures, and operates spaceships and related technologies for commercial human spaceflight. Established in 2017, the company focuses on commercial space tourism and flying scientific research and development payloads into microgravity environments. Operations encompass ground and flight testing as well as post-flight vehicle maintenance to support safety and reliability standards. The company serves private individuals, research institutions, and government agencies seeking access to space.

Annual revenue reached $6.8M in FY2023 and $7.0M in FY2024 before dropping 78.1% to $1.5M in FY2025. Gross margin contracted from -1179.5% in FY2024 to -5680.7% in FY2025. Net income was -$502.3M in FY2023, -$346.7M in FY2024, and -$278.9M in FY2025, with EPS finishing at -$5.82 in FY2025. R&D expense fell to $80.5M in FY2025 from $152.7M in FY2024. For the latest quarter ending June 30, 2026, revenue dropped 67.0% year-over-year, leaving trailing twelve month revenue at $1.0M.

As of June 30, 2026, Virgin Galactic held $255.1M in cash and short-term investments against total debt of $265.3M, yielding net debt of $10.3M. Total assets were $816.3M, shareholders' equity was $396.1M, and the current ratio was 1.62. In FY2025, operating cash flow was -$240.1M, capital expenditures were $198.0M, and free cash flow was -$438.2M. The company's share count increased 759.0% over five years.

Virgin Galactic trades at an enterprise value of $437.0M and a market capitalization of $368.4M. Its price-to-sales ratio is 354.9x and its EV-to-revenue ratio is 421.0x, compared to a median price-to-sales ratio of 1.5x for US-listed Industrials peers. The stock's price-to-book ratio is 1.2x. Over the past year, SPCE returned -45.1%, while the S&P 500 (SPY) returned 16.8%. Over five years, the stock fell 99.4% compared to an 83.0% gain for the index.

Wall Street coverage includes 2 Strong Buy ratings, 4 Hold ratings, and 1 Strong Sell rating. The mean price target is $3.51, which is 44.4% above the last close of $2.43 on October 16, 2026. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $1.2M and an EPS of -$2.32. For the following fiscal year, 3 analysts project revenue of $268.2M and EPS of -$0.87. The company beat EPS estimates in all 4 of the last 4 quarters, and its next earnings date is November 12, 2026.

This page is an AI-written research summary of Virgin Galactic Holdings, Inc. (SPCE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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