Virgin Galactic Stock Soars 20% on Better-Than-Expected Q1 Results

Nauman khan

Fri, May 16, 2025, 8:13 AM 1 min read

Virgin Galactic (NYSE:SPCE) shares climbed astir 20% successful pre-market trading connected Friday aft the abstraction tourism institution topped Q1 forecasts and stuck to its formation schedule.

The institution reported a nett nonaccomplishment of $84.5 million, oregon $2.38 per share, for the quarter, an betterment from the $5.10 per-share nonaccomplishment a twelvemonth ago. Revenue slid to $0.5 cardinal from $2.0 cardinal successful Q1 2024, reflecting the ongoing intermission successful commercialized flights arsenic improvement continues connected its Delta-class spacecraft.

• Warning! GuruFocus has detected 5 Warning Signs with SPCE.

Operating expenses fell 21% twelvemonth implicit twelvemonth to $89 million, helping constrictive the quarterly deficit. Adjusted EBITDA improved to a antagonistic $72 million, versus $87 cardinal past year. Free currency travel remained astir level astatine $122 million, with $567 cardinal successful liquidity connected hand.

Management reiterated plans to alert its archetypal probe payloads successful summertime 2026 and statesman backstage astronaut missions successful autumn 2026, but offered nary acceleration to that timeline. With currency pain persisting and nary alteration to its roadmap, investors whitethorn stay cautious contempt the better-than-expected results.

Based connected the 1 twelvemonth terms targets offered by 7 analysts, the mean people terms for Virgin Galactic Holdings Inc is $8.82 with a precocious estimation of $36.00 and a debased estimation of $1.00. The mean people implies a upside of +163.33% from the existent terms of $3.35.

This nonfiction archetypal appeared connected GuruFocus.