Virgin Galactic (SPCE) Reports Q1 Earnings This Week. This is What Shareholders Should Expect.

Space travel group Virgin Galactic (SPCE) is set to report its Q1 earnings this week – May 14. Its share price is down nearly 20% this year, hit by a continued delay to its commercial spaceflights because of manufacturing issues.

According to TipRanks’ Options Tool, options traders expect about a 16.08% move in either direction in SPCE stock in reaction to its Q1 results.

What Wall Street Expects

There is a lack of consensus on Wall Street around EPS and revenue expectations for SPCE’s Q1 report. In the same period last year, the company reported an EPS of minus $2.38. This had improved to minus $0.98 per share in its Q4 report. In Q1, 2025 it reported revenues of $461,000. This had dropped to $312,000 in Q4.

Let’s look at SPCE’s most recent EPS results. We can see an improving EPS trend but a worsening revenue picture.

Key Issues Ahead of Earnings

In Q4, the company, founded by Sir Richard Branson and now led by chief executive Michael Colglazier, announced an earnings loss of $0.98, which was better than a loss of $1.51 that had been expected among Wall Street analysts. The company’s net loss of $64 million marked a 15% year-over-year improvement.

Revenue for full-year 2025 was $2 million, down from $7 million in 2024 due to a pause in commercial flights to focus on its new Delta Class spaceships.

Virgin Galactic maintains a goal of resuming space missions in the second quarter of 2027. The company will hold up to 125 space missions annually using two spacecraft, taking tourists into Earth’s sub-orbit.

Goldman Sachs analyst Anthony Valentini recently lowered his price target on SPCE to $3.75 from $4.18 and kept a Neutral rating on the shares after its Q4 results. The firm is updating its models to reflect revisions to revenue and margin inputs, the analyst said.

Susquehanna analyst Charles Minervino raised his price target to $3 from $2.50. He updated his model as he 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, he said. Broadly speaking, he 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.

Is SPCE a Good Stock to Buy Now?

On TipRanks, SPCE has a Hold consensus based on 2 Buy, 3 Hold and 1 Sell ratings. Its highest price target is $5. SPCE stock’s consensus price target is $3.66, implying a 23.65% upside.