Virgin Galactic stock gains 1.51 percent as Delta testing nears
Published on 10/04/2026 at 12:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSVirgin Galactic stock (ISIN US92766K4031) was last at USD 3.03 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 1.51 percent from the prior close. The next operational milestone is an October captive-carry flight for the Delta-class spacecraft, while commercial service is targeted for February 2027, Zacks reported on October 1, 2026.
October test sets the next checkpoint
The planned flight test keeps the investment case tied to execution rather than current sales. Virgin Galactic has also sold out a USD 750,000 expedition tranche, with more than USD 50 million in future spaceflight revenue tied to those bookings, according to Zacks on October 1, 2026.
The schedule carries a clear counter-factor. The first commercial flight was shifted from the fourth quarter of 2026 to February 2027, and a second spacecraft is targeted for March 2027, the same Zacks report said.
Q2 revenue beat was still small
Virgin Galactic generated USD 134,000 of revenue in Q2 2026, versus a USD 126,670 consensus estimate, a 5.8 percent beat. Net loss was USD 55.89 million, while Q1 revenue had been USD 227,000, according to Moomoo on August 12, 2026.
The figures show the tension in the story: bookings offer future revenue visibility, but the company remains dependent on successful testing and continued financing before regular flights begin.
Analysts see limited upside
MarketBeat lists a Hold consensus based on seven analysts, with an average price target of USD 3.33, a high of USD 5.00 and a low of USD 2.00. The average target lies 9.9 percent above the USD 3.03 reference price.
Barron's lists November 11, 2026 as the Q3 2026 reporting date and shows a USD 3.56 average target in its September 22, 2026 research data.
Virgin Galactic stock stays below its yearly high
At USD 3.03 on October 2, 2026, the stock remained below its 52-week high of USD 8.90 and above its 52-week low of USD 2.13. Market capitalization was USD 389.5 million and volume was 3,893,807 shares on the same session.
Virgin Galactic stock facts
- Company: Virgin Galactic Holdings, Inc.
- ISIN: US92766K4031
- Ticker: SPCE
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 3.03, last at
- Market capitalization: USD 389.5 million (as of October 2, 2026)
- 52-week range: USD 2.13-8.90 (as of October 2, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Upcoming dates for Virgin Galactic stock
- October 2026: Delta-class captive-carry flight test
- November 11, 2026: Q3 2026 results
