Virgin Galactic (NYSE:SPCE) Stock Price Up 19.1% – Still a Buy?

Posted by George Bondi on Jun 4th, 2026

Shares of Virgin Galactic Holdings, Inc. (NYSE:SPCE – Get Free Report) rose 19.1% during trading on Thursday . The company traded as high as $5.18 and last traded at $5.1090. Approximately 25,585,725 shares were traded during mid-day trading, an increase of 96% from the average daily volume of 13,086,455 shares. The stock had previously closed at $4.29.

Wall Street Analysts Forecast Growth

SPCE has been the subject of a number of analyst reports. Weiss Ratings raised Virgin Galactic from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, May 29th. Jefferies Financial Group cut 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 report on Thursday, April 2nd. Wall Street Zen upgraded shares of Virgin Galactic from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Susquehanna raised their target price on shares of Virgin Galactic from $2.50 to $3.00 and gave the company a “neutral” rating in a research report on Friday, April 10th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $3.33.

Read Our Latest Stock Report on Virgin Galactic

Virgin Galactic Price Performance

The company has a fifty day moving average of $3.02 and a 200 day moving average of $3.05. The firm has a market capitalization of $491.92 million, a P/E ratio of -1.12 and a beta of 2.71. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.00 and a quick ratio of 1.00.

Virgin Galactic (NYSE:SPCE – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($0.81) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.86) by $0.05. Virgin Galactic had a negative net margin of 19,781.30% and a negative return on equity of 103.89%. The business had revenue of $0.23 million during the quarter, compared to the consensus estimate of $0.20 million. Sell-side analysts predict that Virgin Galactic Holdings, Inc. will post -2.59 earnings per share for the current year.

Insiders Place Their Bets

In other Virgin Galactic news, Director Diana S. Strandberg purchased 20,000 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were purchased at an average cost of $2.49 per share, for a total transaction of $49,800.00. Following the acquisition, the director owned 70,930 shares of the company’s stock, valued at approximately $176,615.70. This represents a 39.27% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.27% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Virgin Galactic

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new position in shares of Virgin Galactic during the 4th quarter worth approximately $34,000. Baader Bank Aktiengesellschaft bought a new position in shares of Virgin Galactic during the 3rd quarter worth approximately $42,000. PharVision Advisers LLC bought a new position in shares of Virgin Galactic during the 3rd quarter worth approximately $43,000. CTC Alternative Strategies Ltd. bought a new position in shares of Virgin Galactic during the 1st quarter worth approximately $27,000. Finally, Pitcairn Co. bought a new position in shares of Virgin Galactic during the 2nd quarter worth approximately $31,000. 46.62% of the stock is currently owned by institutional investors.

About Virgin Galactic

(Get Free Report)

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.