Virgin Galactic Holdings stock holds at USD 3.07 after launch delay

Published on 09/22/2026 at 14:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Virgin Galactic Holdings stock closed at USD 3.07 on September 21, 2026, after a 10.6 percent after-hours fall. Q2 revenue missed forecasts by 87 percent.

SPCE, US92766K1060, Illustration mit AI erstellt.

Virgin Galactic Holdings Inc. (US92766K1060) closed at USD 3.07 on the Nasdaq on September 21, 2026, unchanged from the prior close. The stock's 52-week range was USD 2.13 to USD 8.90, leaving the price USD 5.83 below the high and USD 0.94 above the low.

February 2027 launch sets the tone

According to Investing.com on September 22, 2026, Virgin Galactic delayed its first commercial spaceflight to February 2027 while completing hundreds of small installation tasks. The delay was followed by a 10.6 percent after-hours decline, making schedule execution the central near-term issue for the shares.

The same September 22, 2026 earnings summary reported that the company held USD 286 million in cash at the end of the second quarter of 2026, up from USD 251 million, while debt fell by USD 93 million. Virgin Galactic also raised USD 134 million through an at-the-market equity offering during the quarter, adding liquidity but increasing reliance on external capital.

Revenue misses while cash improves

For Q2 2026, revenue was USD 134,000 and missed forecasts by 87 percent, while the adjusted loss was USD 0.50 per share, 23 percent better than estimates, according to Investing.com. The contrast is material: the loss beat reduced downside against expectations, but the revenue shortfall underscores that commercial service has not yet begun.

Management guidance cited by Investing.com calls for Q3 2026 revenue of USD 400,000 and negative free cash flow of USD 95 million to USD 100 million. For Q4 2026, negative free cash flow is projected at USD 80 million to USD 90 million, while capital expenditure is expected to decline as manufacturing work winds down.

Next results arrive November 11

The next earnings report is scheduled for November 11, 2026, according to Investing.com. That date should provide the next quantified test of the February 2027 flight schedule, the USD 400,000 Q3 revenue outlook and the cash profile after the USD 134 million equity raise.

Virgin Galactic Holdings stock closed at USD 3.07 on the Nasdaq as of September 21, 2026. The company targets more than 10 spaceflights per month by the end of Q2 2027 and a USD 100 million annualized adjusted EBITDA run rate in 2028 with two ships operational, according to Investing.com.