Virgin Galactic (SPCE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned -14.4% over the past month versus the Zacks S&P 500 composite's +5.3% change. The Zacks Aerospace - Defense industry, to which Virgin Galactic belongs, has gained 1.4% over this period. Now the key question is: Where could the stock be headed in the near term?Although media repor ...

Virgin Galactic (SPCE) closed the most recent trading day at $1.43, making no change from the previous trading session. This change lagged the S&P 500's 0.32% gain on the day. Elsewhere, the Dow gained 0.68%, while the tech-heavy Nasdaq added 0.2%.Heading into today, shares of the company had lost 18.75% over the past month, lagging the Aerospace sector's gain of 2.01% and the S&P 500's gain of 5.11% in that time.Analysts and investors alike will be keeping a close eye on the performance of Virgin Galactic ...

Space tourism company Virgin Galactic (SPCE 1.84%) reported full-year 2023 earnings at the end of February. This closed out a "record" year for spaceflight, in which the company flew its VSS Unity spaceplane seven times, and tripled its annual revenue. And what did this mean for the company's multi-year history of losing money and burning cash?Losses increased by $2 million, and cash burn grew by 24%, to $492.5 million. That's according to S&P Global Market Intelligence, a provider of financial data on U.S. ...

Virgin Galactic (SPCE -4.12%) has big dreams -- the kind that could, if it makes those dreams into reality, turn investors into millionaires. The problem is that big aspirations don't always work out as well as hoped. If you are looking at Virgin Galactic today thinking that it will get you to a seven-figure net worth, step back and consider the risks. Here's a quick look at where the company stands now.Virgin Galactic has achieved great thingsTo give Virgin Galactic its due, 2023 was a pivotal year in a ve ...

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 46,225 shares of Virgin Galactic common stock to two new non-executive employees, each effective March 15, 2024. The awards were granted under Virgin Galactic’s 2023 Employment Inducement Incentive Award Plan, which provides f ...

Share prices of space tourism stock Virgin Galactic (SPCE) tumbled as much as 16% in the days following its fourth-quarter earnings release last week. The reason wasn't obvious on the surface. In its report, Virgin Galactic management noted that its Q4 losses were smaller than analysts had forecast -- only $0.26 per share instead of $0.30 per share. Management also admitted that sales underperformed expectations, coming in at $2.8 million instead of the expected $3 million.Such a report would seem to set up ...

Virgin Galactic (SPCE) has lofty goals. At the moment, however, the space tourism company is years away from achieving what management says is possible. Executing on its big plans will require a lot of things to go right. Here's a quick look at where Virgin Galactic is today and what it would take to get to where it wants to be in the future.Virgin Galactic pulls in its hornsLast year was a very important one for Virgin Galactic, given that 2023 marked the first time it actually operated a commercial space ...

Virgin Galactic (SPCE) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned -7.9% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Aerospace - Defense industry, to which Virgin Galactic belongs, has gained 1% over this period. Now the key question is: Where could the stock be headed in the near term?While media rele ...

Shares of Virgin Galactic (SPCE -2.87%) have fallen more than 90% from their 2021 high-water mark. Clearly, enthusiasm for this space tourism company has waned in a big way even as it has proven that it can reliably fly people into space. The big problem for the company over the next year is that its finances are going to get increasingly weak.Virgin Galactic hit the reset buttonVirgin Galactic made a very big announcement when it released third-quarter 2023 financial results. It is going from a monthly cad ...

Virgin Galactic (SPCE -3.42%) is raising prices again. This time, the price of a ticket will go up to $600,000. If the company gets to 300 or 400 flights per year, as planned, it will make $1.1 billion to $1.4 billion annually on tickets alone.In this video, Travis Hoium covers the company's recent earnings release and how investors should think about the stock over the next two years.*Stock prices used were end-of-day prices of Feb. 27, 2024. The video was published on Feb. 28, 2024. ...