Virgin Galactic (NYSE:SPCE) Shares Gap Up – What’s Next?

29 May 2026, 13:12 by Teresa Graham · The Cerbat Gem

Shares of Virgin Galactic Holdings, Inc. (NYSE:SPCE – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $4.53, but opened at $4.80. Virgin Galactic shares last traded at $5.1850, with a volume of 56,828,998 shares.

Analyst Upgrades and Downgrades

SPCE has been the subject of a number of research analyst reports. Jefferies Financial Group lowered their target price on Virgin Galactic from $8.00 to $5.00 and set a “buy” rating for the company in a report on Thursday, April 2nd. Wall Street Zen upgraded Virgin Galactic from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Virgin Galactic in a report on Monday, April 20th. Finally, Susquehanna lifted their target price on Virgin Galactic from $2.50 to $3.00 and gave the stock a “neutral” rating in a report on Friday, April 10th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $3.33.

View Our Latest Stock Report on Virgin Galactic

Virgin Galactic Price Performance

The company has a fifty day moving average of $2.77 and a 200-day moving average of $2.99. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $559.78 million, a P/E ratio of -1.27 and a beta of 2.18.

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

Insider Activity at Virgin Galactic

In other news, Director Diana S. Strandberg purchased 20,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were purchased at an average price of $2.49 per share, with a total value of $49,800.00. Following the transaction, the director directly 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.27% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SPCE. CTC Alternative Strategies Ltd. purchased a new position in shares of Virgin Galactic during the 1st quarter valued at $27,000. SummitTX Capital L.P. purchased a new position in shares of Virgin Galactic during the 1st quarter valued at $29,000. Themes Management Co LLC bought a new stake in shares of Virgin Galactic during the 1st quarter valued at $30,000. Pitcairn Co. bought a new stake in shares of Virgin Galactic during the 2nd quarter valued at $31,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Virgin Galactic during the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 46.62% of the company’s stock.

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.