Virgin Galactic Holdings Inc Stock Price Target Forecast, (SPCE) Prediction 2022, 2023, 2025, 2030

December 21, 2021

Risks Remain as Virgin Galactic Returns to Earth

On two consecutive instances, the stock of irgin Galactic Holdings (SPCE) soared into the sky, only to plummet down to Earth, punishing ecstatic investors who opted to follow it. Sir Richard Branson’s imaginative spaceflight enterprise may finally be worth a speculative wager to contrarians optimistic on the relatively small industry of space tourism, now down over 75% from its peak of roughly $60 per share.

Virgin Galactic’s continued innovation might result in decreased ticket pricing. Nonetheless, increased competition challenges and excessive investment without a plan to return to profitability are not the keys to succeeding in the present market situation. As a result, I am currently neutral on SPCE shares.

Interest rates are projected to climb in the next years, with three rises possible in 2022. While it’s difficult to predict where rates will be in 5 to 10 years, the impact of considerably higher rates may halt a speculative hyper-growth stock like Virgin Galactic for an extended period of time.

Analysis

Virgin Galactic has a Hold consensus rating on Wall Street, based on five Buys, two Holds, and three Sells awarded in the previous three months. With an average price objective of $29.20, Virgin Galactic has a 104.6 percent upside potential.

The price predictions for analysts range from $15.00 per share to $50.00 per share.

Virgin Galactic has a Hold consensus rating on Wall Street, based on five Buys, two Holds, and three Sells awarded in the previous three months. With an average price objective of $29.20, Virgin Galactic has a 104.6 percent upside potential.

The price predictions for analysts range from $15.00 per share to $50.00 per share.

nasdaq.com is the source of this information.


October 20, 2021.

SPCE Stock: Experts Predict a 55% Gain in the Future

Get Virgin Galactic (SPCE) – The former SPAC formed by Richard Branson, Virgin Galactic Holdings Inc Report, had its share price peak in July, fueled by enthusiasm about the company’s maiden voyage into space. Since then, though, the stock’s performance has been declining.

In the last several months, SPCE has decreased by more than 50%. (see below). Virgin Galactic’s stock has recently plummeted after the business announced that its commercial space service would be delayed from Q3 to Q4 of next year.

Neutral, but with potential for growth

Analysts on Wall Street are pessimistic about Virgin Galactic’s shares. SPCE has a neutral consensus rating based on the ten most recent reports issued. The same analysts, however, have suggested a 55 percent upside potential from present levels, with an average price objective of over $30.

With a buy rating and a $50 price target on the company, Truist Financial is the bull of bulls, with a potential upside of 150 percent. Despite the fact that the space tourism competition has lost steam, he believes the long-term prospects are promising. Michael Ciarmoli, a financial analyst, wrote:

Canaccord Genuity rates the stock as a buy with a $48 price objective, implying a potential upside of 139 percent. Virgin Galactic’s timetable modifications, according to the analyst, will have no impact on the company’s long-term space goals. Austin Moeller, an analyst, stated:

Bank of America recently reduced its SPCE share price objective from $25 to $20 while maintaining a sell recommendation. The thesis revolves around questions about the company’s next steps. Here’s what Ron Epstein, an expert, had to say:

Morgan Stanley is another bear on SPCE, with a sell recommendation but a $25 price objective that still offers a 25% gain. The analyst appeared concerned about the flight testing timeline and technical concerns. Kristine Liwag, an analyst, wrote:

thestreet.com is the source of this information.


October 15, 2021

Why are SPCE shares decreasing, according to Virgin Galactic stock price and news?

Following the rescheduling of the Unity 23 test flight, Virgin Galactic stock is trading substantially down in Friday’s premarket. Virgin Galactic (SPCE) stock is currently trading at $19.83, down 17.6 percent from Thursday’s close. The stock is popular with individual investors and WallStreetBets, and it has a high level of volatility. In 2021, the SPCE stock has witnessed some big swings, with highs exceeding $60.

Stock outlook for Virgin Galactic (SPCE)

The daily chart below demonstrates how fickle this one is. The Virgin stock price had recently been in a tighter range, which, as we all know, generally leads to a major breakout. Well, that is what we currently have, but it is not without its drawbacks. Should Virgin Galactic (SPCE) stock continue to rise? Zooming out and looking at the longer-term weekly chart, we can see that the high amount of volume at this level – the point of control – provides support at $17.38. For investors looking to purchase the dip, it would be the first support zone.

The daily chart also suggests $18.06 as a level of support. This is when Virgin (SPCE) stock truly took off (pardon the pun) and started rallying hard. If those levels don’t hold, the next level of support is $14.50. Please utilise stops as always, especially in something as volatile as Virgin Galacitc (SPCE).

fxstreet.com is the source of this information.


12 July, 2021

After Branson’s Space Travel, Virgin Galactic’s stock has a bright future.

Returning to SPCE, the company has a median target price of $38.50, which represents a discount of almost 12% from current levels. The stock’s highest target price is $51, representing a nearly 15% premium over the next year. SPCE’s street lowest target price of $20 is a 54 percent savings. Three analysts rate the stock as a buy, six as a hold, and one as a sell.

Stock outlook for SPCE

Returning to SPCE, the company has a median target price of $38.50, which represents a discount of almost 12% from current levels. The stock’s highest target price is $51, representing a nearly 15% premium over the next year. SPCE’s street lowest target price of $20 is a 54 percent savings. Three analysts rate the stock as a buy, six as a hold, and one as a sell.

Analysts’ disinterest in Virgin Galactic shares is easy to understand. It’s a pre-revenue corporation with a market worth of more than $10 billion. Of course, there are exceptions, such as Lucid Motor, which fetches a greater valuation despite having yet to begin vehicle deliveries.

In addition, the space flight sector is becoming increasingly competitive. Branson has already gotten ahead of Bezos in the billionaire battle. Musk and Bezos aren’t really tight. Musk has previously chastised Bezos and even referred to him as a “copycat.”

Forecast for Virgin Galactic shares in 2025

Space travel is a new and developing business. Virgin Galactic estimates the industry’s TAM (total addressable market) to be $900 billion, with a focus on the premium end of the market, which it believes is worth $300 billion. “Even if we only grab a tiny fraction of it, we’re still talking about a gigantic TAM,” said George Whitesides, the company’s CEO at the time.

Virgin Galactic might begin commercial operations as early as 2022, allowing the company to measure demand for its high-end services. Overall, the space tourism business has a bright future, which is good news for companies like SPCE. Virgin Galactic has the benefit of being the first to market. If SPCE executes the plans correctly, it has the potential to generate substantial long-term profits.

marketrealist.com is the source of this information.


Should You Invest in Virgin Galactic Stock (SPCE)?

After a re-entry course deviation, the Federal Aviation Administration halted the company’s operations in July 2021. Following an investigation by the administration, it got authority from the FAA to restart flights in late September.

Mission planning, vehicle maintenance and improvements, and seat sales aboard the company’s near-space ship have all restarted.

The firm is on track to fulfil its objective of offering commercial services in the fourth quarter of 2022, according to its third-quarter financial report for 2021, and has seen robust ticket sales in the third quarter.

Virgin Galactic is dedicated to providing safe flights and a pleasant client experience. “Our judgments are determined by meticulous and exhaustive study, and we fly based on the most accurate and complete data available,” said CEO Michael Colglazier in October 2021. The vehicles used by Virgin Galactic are built with extensive safety margins, offering layers of protection that significantly surpass the weights encountered and predicted on our missions. The rescheduling of our improvement phase and the Unity 23 flight demonstrates our safety-first methods, gives the most expedient road to commercial operation, and is the best option for our company and consumers.”

Fundamentals of Virgin Galactic

Virgin Galactic’s total assets, which include cash and cash equivalents, reached more over $1 billion during the nine-month period from January to September 2021. It reported a $3.15 million rise in revenue for the quarter, up $2.9 million from September 2020. Other key figures as of November 23, 2021 are:

  • -$1.11 in earnings (losses) per share
  • Estimated P/E Ratio: -10.09, down from -13.6 in 2020.
  • PEG rates are expected to be -23.2 in 2021 and 11.56 in 2022. (2022)
  • 16.6 million trades per day on average
  • Virgin has a low total-liabilities-to-total-assets ratio of.13.

Many major signs for Virgin Galactic are bad. Much of this may be due to the difficulties of starting a new business in a new sector, building propulsion systems and vehicles, and coping with the COVID-19 outbreak. Virgin is, however, in the process of resuming operations while adhering to all immunisation requirements and safety protocols. The company has a high possibility of being successful if it can get back into research, development, and manufacturing.

Period of Improvement and Maintenance

Virgin Galactic has initiated a stage of improvement aiming to increase vehicle performance and capabilities in order to meet its objective of launching commercial service flights in the fourth quarter of 2022. There will be a lot of maintenance, analysis, research, and development throughout this time, which will cost a lot of money up front. It also means that investors hoping for quick profits would be disappointed, since the corporation isn’t expected to start paying out dividends until commercial flights begin.

The stock of Virgin Galactic is now not exhibiting any indications of growth, but Nasdaq experts are optimistic; the company’s anticipated price-to-earnings-growth rates are expected to rise in the coming year.

Virgin Galactic will have to press the pedal to the metal, get flights in the air, and sell more seats in order to become viable. Virgin Galactic has had losses throughout its history while generating additional funds through stock issuances, therefore a protracted period of loss is not unusual.

gobankingrates.com is the source of this information.


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