Morgan Stanley analyst Kristine Liwag maintains $Virgin Galactic (SPCE.US)$ with a sell rating, and maintains the target price at $5.
According to TipRanks data, the analyst has a success rate of 64.7% and a total average return of 11.8% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Virgin Galactic (SPCE.US)$'s main analysts recently are as follows:
Virgin Galactic continues to be in its research and development phase, yielding minimal revenue and experiencing negative free cash flow during the construction of its Delta class vehicles, anticipated to be operational in 2026. The absence of clarity on the maximum cash burn and precise schedule for Delta launches presents challenges in assessing the associated risks.
Virgin Galactic is on track with their strategic plan as they progress towards having two Delta Class Spaceships prepared for weekly commercial service by the second half of 2026.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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