needtoberich
2021-03-18
Hmm... No thanks
[嘘]
Virgin Galactic Stock Is Worth $50, Analyst Says. Here’s Why.
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No thanks [嘘]","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/327989529","repostId":1194961702,"repostType":4,"repost":{"id":"1194961702","pubTimestamp":1616049615,"share":"https://www.laohu8.com/m/news/1194961702?lang=&edition=full","pubTime":"2021-03-18 14:40","market":"us","language":"en","title":"Virgin Galactic Stock Is Worth $50, Analyst Says. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1194961702","media":"Barrons","summary":"Virgin Galactic Holdings is pioneering space tourism. Commercial operations start this year, and man","content":"<p>Virgin Galactic Holdings is pioneering space tourism. Commercial operations start this year, and many on Wall Street seebig potentialfor a brandnew market.</p>\n<p>Truist analystMichael Ciarmoliis newly bullish on the opportunity as well. He launched coverage of Virgin Galactic stock (ticker: SPCE) Wednesday, recommending his clients to Buy shares. His target price is $50 a share, the highest mark on Wall Street.</p>\n<p>“As one of the first market entrants, with proprietary technology, verticallyintegrated operations, and plans for a consumer-oriented experience leveraging the Virgin brand, [Galactic] is uniquely positioned to capture share in the emerging…..industry,” wrote Ciarmoli in a Wednesday report.</p>\n<p>He sees Galactic capturing up to 50% of the space tourism market share, which could yield roughly $1 billion in Galactic sales by 2030. That can turn into $375 million in free cash, according to the analyst, which underpins his stock valuation. What’s more, Ciarmoli sees several catalysts moving shares higher in 2021, including successful test flights and the commencement of commercial operations.</p>\n<p>At $50 a share, Virgin Galactic would be valued at roughly $12 billion. 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Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 14:40 GMT+8 <a href=https://www.barrons.com/articles/virgin-galactic-stock-buy-rating-price-target-51616012859?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Virgin Galactic Holdings is pioneering space tourism. Commercial operations start this year, and many on Wall Street seebig potentialfor a brandnew market.\nTruist analystMichael Ciarmoliis newly ...</p>\n\n<a href=\"https://www.barrons.com/articles/virgin-galactic-stock-buy-rating-price-target-51616012859?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://www.barrons.com/articles/virgin-galactic-stock-buy-rating-price-target-51616012859?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194961702","content_text":"Virgin Galactic Holdings is pioneering space tourism. Commercial operations start this year, and many on Wall Street seebig potentialfor a brandnew market.\nTruist analystMichael Ciarmoliis newly bullish on the opportunity as well. He launched coverage of Virgin Galactic stock (ticker: SPCE) Wednesday, recommending his clients to Buy shares. His target price is $50 a share, the highest mark on Wall Street.\n“As one of the first market entrants, with proprietary technology, verticallyintegrated operations, and plans for a consumer-oriented experience leveraging the Virgin brand, [Galactic] is uniquely positioned to capture share in the emerging…..industry,” wrote Ciarmoli in a Wednesday report.\nHe sees Galactic capturing up to 50% of the space tourism market share, which could yield roughly $1 billion in Galactic sales by 2030. That can turn into $375 million in free cash, according to the analyst, which underpins his stock valuation. What’s more, Ciarmoli sees several catalysts moving shares higher in 2021, including successful test flights and the commencement of commercial operations.\nAt $50 a share, Virgin Galactic would be valued at roughly $12 billion. That’s the most bullish valuation on Wall Street. The average analyst price target is about $39 a share.Half of the 10 analysts covering the company rate shares Buy. 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