(SPCE) Virgin Galactic Holdings - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US92766K4031

Stock: Spaceship, Suborbital, Tourism, Research

Total Rating 12

Risk 43

Buy Signal -0.54

Aerospace & Defense » Aerospace & Defense
Age: 6.3y

Market Cap: 208m
Avg Trading Vol: 12.6M USD

ATR: 8.81%
Peers RS (IBD): 3.64

EPS (Earnings per Share)

EPS CAGR: -5.51%
EPS Trend: -65.1%

Last SUE: 0.78
Qual. Beats: 0

Revenue

Rev. CAGR: 28.87%
Rev. Trend: 16.3%

Last SUE: 0.06
Qual. Beats: 0

Risk 5d forecast
Volatility	96.2%
Relative Tail Risk	-9.28%

Reward TTM
Sharpe Ratio	-0.27
Alpha	-65.59

Character TTM
Beta	1.471
Beta Downside	0.975

Drawdowns 3y
Max DD	98.16%
CAGR/Max DD	-0.72

Description: SPCE Virgin Galactic Holdings January 17, 2026

Virgin Galactic Holdings, Inc. (NYSE: SPCE) is a U.S.-based aerospace firm that designs, builds, tests, and operates sub-orbital spaceflight vehicles for private passengers, research missions, and government contracts, with its headquarters in Tustin, California.

Key operating metrics include a $450,000-plus ticket price for a 90-minute sub-orbital flight, a ~$400 million cash burn in the most recent fiscal year, and a reported backlog of roughly 800 paid-up customers, which together drive revenue visibility but also heighten liquidity risk. The company’s growth is closely tied to broader sector drivers such as rising consumer wealth in the ultra-high-net-worth segment and the pace of regulatory approvals from the FAA for commercial space launches.

For a deeper dive into SPCE’s financial health and valuation assumptions, you may find ValueRay’s analytical tools useful for extending your research.

Piotroski VR‑10 (Strict, 0-10) 0.5

Net Income: -292.6m TTM > 0 and > 6% of Revenue
FCF/TA: -0.54 > 0.02 and ΔFCF/TA -7.54 > 1.0
NWC/Revenue: 18.0k% < 20% (prev 5898 %; Δ 12.1k% < -1%)
CFO/TA -0.31 > 3% & CFO -268.7m > Net Income -292.6m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.87 > 1.5 & < 3
Outstanding Shares: last quarter (59.3m) vs 12m ago 111.8% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.18% > 50% (prev 0.93%; Δ -0.75% > 0%)
Interest Coverage Ratio: -21.56 > 6 (EBITDA TTM -263.1m / Interest Expense TTM 13.0m)

Altman Z'' -14.48

A: 0.35 (Total Current Assets 459.0m - Total Current Liabilities 160.0m) / Total Assets 853.5m
B: -3.15 (Retained Earnings -2.69b / Total Assets 853.5m)
C: -0.30 (EBIT TTM -279.8m / Avg Total Assets 934.9m)
D: -4.28 (Book Value of Equity -2.69b / Total Liabilities 627.6m)
Altman-Z'' Score: -14.48 = D

Beneish M -4.00

DSRI: 0.31 (Receivables 2.00m/36.8m, Revenue 1.66m/9.42m)
GMI: 1.00 (fallback, negative margins)
AQI: 0.11 (AQ_t 0.01 / AQ_t-1 0.06)
SGI: 0.18 (Revenue 1.66m / 9.42m)
TATA: -0.03 (NI -292.6m - CFO -268.7m) / TA 853.5m)
Beneish M-Score: -4.74 (Cap -4..+1) = AAA

What is the price of SPCE shares?

As of February 08, 2026, the stock is trading at USD 2.53 with a total of 3,612,610 shares traded.
Over the past week, the price has changed by -11.23%, over one month by -24.48%, over three months by -29.33% and over the past year by -43.78%.

Is SPCE a buy, sell or hold?

Virgin Galactic Holdings has received a consensus analysts rating of 2.89. Therefor, it is recommend to hold SPCE.

StrongBuy: 2
Buy: 0
Hold: 4
Sell: 1
StrongSell: 2

What are the forecasts/targets for the SPCE price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	4.1	61.3%
Analysts Target Price	4.1	61.3%
ValueRay Target Price	1.1	-55.7%

SPCE Fundamental Data Overview February 03, 2026

P/S = 125.4778
P/B = 0.9485
Revenue TTM = 1.66m USD
EBIT TTM = -279.8m USD
EBITDA TTM = -263.1m USD
Long Term Debt = 421.8m USD (from longTermDebt, last quarter)
Short Term Debt = 8.23m USD (from shortTermDebt, last quarter)
Debt = 474.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 315.7m USD (from netDebt column, last quarter)
Enterprise Value = 259.4m USD (208.4m + Debt 474.5m - CCE 423.6m)
Interest Coverage Ratio = -21.56 (Ebit TTM -279.8m / Interest Expense TTM 13.0m)
EV/FCF = -0.56x (Enterprise Value 259.4m / FCF TTM -460.3m)
FCF Yield = -177.5% (FCF TTM -460.3m / Enterprise Value 259.4m)
FCF Margin = -27.7k% (FCF TTM -460.3m / Revenue TTM 1.66m)
Net Margin = -17.6k% (Net Income TTM -292.6m / Revenue TTM 1.66m)
Gross Margin = unknown ((Revenue TTM 1.66m - Cost of Revenue TTM 78.9m) / Revenue TTM)
Tobins Q-Ratio = 0.30 (Enterprise Value 259.4m / Total Assets 853.5m)
Interest Expense / Debt = 0.68% (Interest Expense 3.25m / Debt 474.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -221.0m (EBIT -279.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.87 (Total Current Assets 459.0m / Total Current Liabilities 160.0m)
Debt / Equity = 2.10 (Debt 474.5m / totalStockholderEquity, last quarter 225.9m)
Debt / EBITDA = -1.20 (negative EBITDA) (Net Debt 315.7m / EBITDA -263.1m)
Debt / FCF = -0.69 (negative FCF - burning cash) (Net Debt 315.7m / FCF TTM -460.3m)
Total Stockholder Equity = 270.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -31.30% (Net Income -292.6m / Total Assets 853.5m)
RoE = -108.0% (Net Income TTM -292.6m / Total Stockholder Equity 270.9m)
RoCE = -40.38% (EBIT -279.8m / Capital Employed (Equity 270.9m + L.T.Debt 421.8m))
RoIC = -31.94% (negative operating profit) (NOPAT -221.0m / Invested Capital 691.9m)
WACC = 3.83% (E(208.4m)/V(683.0m) * Re(11.33%) + D(474.5m)/V(683.0m) * Rd(0.68%) * (1-Tc(0.21)))
Discount Rate = 11.33% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 72.17%
Fair Price DCF = unknown (Cash Flow -460.3m)
EPS Correlation: -65.05 | EPS CAGR: -5.51% | SUE: 0.78 | # QB: 0
Revenue Correlation: 16.34 | Revenue CAGR: 28.87% | SUE: 0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.70 | Chg30d=+0.070 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=-4.06 | Chg30d=+0.130 | Revisions Net=+1 | Growth EPS=+15.7% | Growth Revenue=+1555.8%

Additional Sources for SPCE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle