Virgin Galactic (SPCE) to Announce Earnings on Wednesday

Virgin Galactic (NYSE:SPCE) is projected to announce its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect Virgin Galactic to post earnings of ($0.60) per share and revenue of $0.1270 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 5:00 PM ET.

Virgin Galactic (NYSE:SPCE) last issued its earnings results on Thursday, May 14th. The company reported ($0.81) earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $0.20 million. On average, analysts expect Virgin Galactic to post $-3 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Virgin Galactic Stock Down 0.2%

SPCE opened at $2.48 on Wednesday. The stock has a market capitalization of $250.19 million, a price-to-earnings ratio of -0.58 and a beta of 2.74. The firm has a 50 day moving average price of $3.37 and a 200-day moving average price of $2.94. Virgin Galactic has a twelve month low of $2.13 and a twelve month high of $8.90. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.91.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SPCE shares. Susquehanna upped their price objective on Virgin Galactic from $2.50 to $3.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Jefferies Financial Group raised shares of Virgin Galactic to a “strong-buy” rating in a report on Wednesday, June 10th. Weiss Ratings cut shares of Virgin Galactic from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, June 15th. Finally, Wall Street Zen downgraded shares of Virgin Galactic from a “hold” rating to a “sell” rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $3.43.

Insider Activity

In other Virgin Galactic news, Director Diana S. Strandberg bought 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average price of $2.49 per share, with a total value of $49,800.00. Following the purchase, the director owned 70,930 shares of the company’s stock, valued at $176,615.70. This trade represents a 39.27% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Virgin Galactic by 26.9% during the 3rd quarter. Vanguard Group Inc. now owns 2,342,026 shares of the company’s stock valued at $9,040,000 after buying an additional 496,373 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Virgin Galactic by 22.5% in the fourth quarter. Geode Capital Management LLC now owns 727,021 shares of the company’s stock worth $2,335,000 after buying an additional 133,438 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Virgin Galactic by 149.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 573,296 shares of the company’s stock worth $1,840,000 after buying an additional 343,444 shares in the last quarter. Millennium Management LLC boosted its stake in Virgin Galactic by 118.9% during the fourth quarter. Millennium Management LLC now owns 479,789 shares of the company’s stock valued at $1,540,000 after buying an additional 260,594 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Virgin Galactic by 40.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 406,715 shares of the company’s stock valued at $1,306,000 after buying an additional 117,136 shares during the last quarter. 46.62% of the stock is currently owned by institutional investors.

Virgin Galactic Company Profile

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.

The core flight system consists of a carrier aircraft, WhiteKnightTwo, which lifts the spaceplane SpaceShipTwo to high altitude before release.