VIRGIN GALACTIC - SEEKS CHANGES TO INDENTURE TO ENABLE REDEMPTIONS OF FIRST LIEN NOTES - SEC FILING

Written by Emily J. Thompson, Senior Investment Analyst

Source: moomoo

Updated: 14 hours ago

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SPCE-0.34%

Should l Buy SPCE?

Source: moomoo

Virginia Galactica's Initiative: Virginia Galactica is seeking amendments to facilitate redemptions of first lien notes.
Focus on Secured Financing: The amendments aim to enhance the process of securing financing through the restructuring of existing debt obligations.

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Analyst Views on SPCE

Wall Street analysts forecast SPCE stock price to rise

4 Analyst Rating

1 Buy

2 Hold

1 Sell

Hold

Current: 2.930

Low

2.30

Averages

3.43

High

4.50

Current: 2.930

Low

2.30

Averages

3.43

High

4.50

Goldman Sachs

Neutral

maintain

2026-04-13

Reason

Goldman Sachs

Price Target

AI Analysis

2026-04-13

maintain

Neutral

Reason

Goldman Sachs lowered the firm's price target on Virgin Galactic to $3.75 from $4.18 and keeps a Neutral rating on the shares after its Q4 results where the company also reiterated its planned flight test program and commercial spaceflight timelines. The firm is updating its models to reflect revisions to revenue and margin inputs, the analyst tells investors in a research note.

Susquehanna

Neutral

maintain

2026-04-10

Reason

Susquehanna

Price Target

2026-04-10

maintain

Neutral

Reason

Susquehanna raised the firm's price target on Virgin Galactic to $3 from $2.50 and keeps a Neutral rating on the shares. The firm updated its model as it previewed Q1 earnings for the Aerospace and Defense sector. The Middle East conflict is showcasing U.S. military capabilities but also shines a light on the pressing need for the Defense Industrial base to expand capacity. Broadly speaking, the firm believes the stage is set for a very strong three- to five-year growth trajectory in the Defense industry, underpinned by a heightened geopolitical risk environment, prioritization of the Golden Dome initiative, the need to replenish inventories and expand capacity, and increased demand from U.S. allies.

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About SPCE

Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which offers access to space for private individuals, researchers, and government agencies. The Company’s operations include design and development, manufacturing, ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The Company has developed a portfolio of proprietary technologies that are embodied in the specialized vehicles that it has created to enable commercial spaceflight. These technologies underpin its carrier aircraft, the mothership; its spaceships; its hybrid rocket motor; and its safety systems. Its Carrier Aircraft-The mothership is a twin-fuselage, custom-built aircraft designed to carry spaceships up to an altitude of approximately 45,000 feet, where the spaceship is released for its flight into space. Its Virgin Galactic spaceships are reusable with the capacity to carry pilots and private astronauts, research experiments and researchers.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.