Tag: Galactic

Where Will Virgin Galactic Be in 10 Years?

Virgin Galactic (NYSE:SPCE) is one of those companies that is high risk and high reward potential for investors. The company is literally trying to invent space flight as a business model, and could flame out before it generates any meaningful revenue. 

But if the company succeeds, it could be the only company offering space tourism and mach speed travel. A decade from now, we’ll know whether the bull or the bear thesis wins out. 

Concept Mach 3 aircraft from Virgin Galactic.

Image source: Virgin Galactic.

Don’t underestimate the risk

When thinking about where a company like Virgin Galactic will be in 10 years, you can’t deny that there’s risk the company goes under. The company is still effectively pre-revenue and burning hundreds of millions of dollars developing spacecraft. Any flaw with its test flight on Oct. 22, or even once commercial operations launch, could endanger the company.

SPCE Free Cash Flow Chart

SPCE Free Cash Flow data by YCharts

There’s also market

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Virgin Galactic Stock a Buy on Unique Consumer Experience

Virgin Galactic shares  (SPCE)  on Tuesday rose after UBS analyst Myles Walton began coverage of the space-travel company with a buy rating and a $25 share-price target.

The Las Cruces, N.M., company’s shares recently traded at $16.10, up 1.1%. They’d advanced 38% year to date through Friday.

Virgin Galactic, founded and co-owned by the U.K. entrepreneur Richard Branson, represents the only path for consumers to “gain entry into the 560 member astronaut club in the next five years,” Walton wrote in a commentary cited by The Fly.

The company provides a unique “experience,” given the “curation” of its product from marketing to “life-long brand connection,” he said.

Virgin Galactic plans to conduct its next test flight with crew members on Oct. 22, according to documents the company filed a week ago with the Federal Communications Commission.

The journey represents the first of two test flight that Virgin has

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