Virgin Galactic Holdings Inc has a consensus price target of $14.04 based on the ratings of 14 analysts. The high is $53 issued by Goldman Sachs on August 9, 2024. The low is $0.75 issued by Wells Fargo on May 9, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Susquehanna, and Susquehanna on August 9, 2024, August 8, 2024, and July 17, 2024, respectively. With an average price target of $22.33 between Goldman Sachs, Susquehanna, and Susquehanna, there's an implied 214.55% upside for Virgin Galactic Holdings Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Virgin Galactic Hldgs (NYSE:SPCE) was reported by Goldman Sachs on August 9, 2024. The analyst firm set a price target for $53.00 expecting SPCE to rise to within 12 months (a possible 646.48% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for Virgin Galactic Hldgs (NYSE:SPCE) was provided by Goldman Sachs, and Virgin Galactic Hldgs maintained their neutral rating.
The last upgrade for Virgin Galactic Holdings Inc happened on January 10, 2024 when Truist Securities raised their price target to $3. Truist Securities previously had a sell for Virgin Galactic Holdings Inc.
The last downgrade for Virgin Galactic Holdings Inc happened on November 22, 2023 when Morgan Stanley changed their price target from $4 to $1.75 for Virgin Galactic Holdings Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Virgin Galactic Hldgs, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Virgin Galactic Hldgs was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.
While ratings are subjective and will change, the latest Virgin Galactic Hldgs (SPCE) rating was a maintained with a price target of $61.00 to $53.00. The current price Virgin Galactic Hldgs (SPCE) is trading at is $7.10, which is out of the analyst’s predicted range.
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