TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Virgin Australia Holdings Limited ( (AU:VGN) ) has shared an update.
Virgin Australia has reported strong demand and operational performance in the 2026 financial year, with domestic capacity growth and revenue per available seat kilometre aligning with previous guidance. The company is progressing with its fleet growth and renewal program, introducing new aircraft while maintaining a focus on customer satisfaction, as evidenced by its recognition as the Most Trusted Travel & Tourism Brand for the third consecutive year. The introduction of innovative services like Pets in Cabin flights and neighbour-free seating highlights Virgin Australia’s commitment to enhancing passenger experience. Despite cost increases, the company anticipates benefits from its Transformation Program initiatives and expects an improvement in its underlying EBIT margin.
The most recent analyst rating on (AU:VGN) stock is a Buy with a A$3.90 price target. To see the full list of analyst forecasts on Virgin Australia Holdings Limited stock, see the AU:VGN Stock Forecast page.
More about Virgin Australia Holdings Limited
Virgin Australia Holdings Limited, founded in 2000, is one of the largest airlines in Australia, offering an extensive domestic network, short-haul international services, charter and cargo operations, and a loyalty program known as Velocity Frequent Flyer. The company employs over 8,000 people and allows Velocity members to redeem flights to over 650 destinations worldwide through its partnerships with international carriers.
Average Trading Volume: 1,891,770
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.39B
For an in-depth examination of VGN stock, go to TipRanks’ Overview page.