Virgin Galactic Announces Fourth Quarter and Full Year 2021 Financial Results

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Virgin Galactic (SPCE) PT Lowered to $15 at Cowen, Remains Bullish

February 23, 2022 5:19 PM EST

Cowen analyst Oliver Chen lowered the price target on Virgin Galactic (NYSE: SPCE) to $15.00 (from $25.00) while maintaining an Outperform rating.

The analyst commented, "Management remains hyper-focused on executing against a plan of a 4Q22 commercial flight and scaling in a capital-light manner with new... More

Virgin Galactic Holdings (SPCE) Tops Q4 EPS by 3c

February 22, 2022 4:14 PM EST

Virgin Galactic Holdings (NYSE: SPCE) reported Q4 EPS of ($0.31), $0.03 better than the analyst estimate of ($0.34). Revenue for the quarter came in at $141 thousand versus the consensus estimate of $330 thousand.

Financial Guidance:

Forecasted free cash flow... More