Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. The company engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. is headquartered in Tustin, California.

Virgin Galactic Holdings, Inc.

Сильный индекс, значительно вырос. Быки крепко уверены в своих позициях.

Strong index, significantly up. The bulls are very confident in their positions.

Слабый индекс, значительно упал

Сильный индекс, незначительно вырос. Рынок не поддерживает быков.

Strong index, slightly up. The market does not support the bulls.

Средний индекс, значительно упал. Рынок на стороне медведей.

Medium index, significantly down. The market is on the bears' side.

Сильный индекс, значительно упал. Отток средств из лонгов на высоком уровне.

Strong index, significantly down. Outflow of funds from longs at a high level.

Сильный индекс, без изменений. Приток средств в шорты на высоком уровне.

Strong index, flat. Inflow of funds into shorts at a high level.

Key Points
Space stocks rocketed in the run-up to SpaceX's June IPO -- then plummeted afterward.
Stock prices have stabilized and begun climbing higher this month.
Government contracts support the sector, but space stocks as a whole remain richly valued today.
Space stocks are in shambles.
"Led" (in a bad way) by Space Exploration Technologies (NASDAQ: SPCX), the space titan built by Elon Musk and IPOed on June 12, shares of space stocks of all stripes have taken a beating over the past couple of months.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Take Rocket Lab (NASDAQ: RKLB) for example. The space company, often described as a mini-SpaceX, surged from below $5 in May 2024 to more than $140 in May 2026 -- a thirtyfold rise in just two years. Then it plunged more than 50% after the SpaceX IPO.
Or consider AST SpaceMobile (NASDAQ: ASTS), the satellite communications pioneer that proved the concept of cell phone-to-cell phone communications via satellite, with no towers in between. That one rose nearly twelvefold over the same two-year period -- then gave back 20% in the month following SpaceX's titanic IPO.
More targeted space plays such as Redwire Corporation (NYSE: RDW), which builds space infrastructure, and Intuitive Machines (NASDAQ: LUNR), focused on delivering cargo to the moon, gained fourfold in two years and nearly eightfold, respectively, before falling each falling roughly 70% in a month.
Can they bounce back?
SpaceX leads; others follow
Even SpaceX hasn't gone unscathed. After a first few frenzied days of trading that lifted Elon Musk's space empire past $211 a share, sellers arrived in force at SpaceX, driving the shares down nearly into the double digits.
The good news is that SpaceX appears to have found its footing again, closing at $140 Friday and once again above its IPO price. The better news is that many other space stocks are recovering, at least somewhat, alongside the leader.
The best news of all is that, with the U.S. government continuing to pour money into space exploration, there's reason to believe the momentum is sustainable.
NITE-STAR gazing
Case in point: Late last month, the U.S. Space Force announced a $981 million award to be shared among more than a dozen separate space stocks working on the "National Space Test and Training Complex Innovative Technology and Engineering Space Test and Range Capability Development" -- dubbed "NITE-STAR."
(Someone clearly worked overtime trying to make those words fit that acronym.)
Space Force named the following 15 space companies -- 13 of which are publicly traded -- as winners of NITE-STAR, clearing them to bid on future task orders under the umbrella contract, which will span 10 years:
It's not entirely clear what NITE-STAR will entail. The Space Force itself might not be 100% certain, describing the contract's goal vaguely as "advancement of the sophisticated systems and technologies required to keep [Space Force servicemen known as] Guardians ahead of the complexities of a contested space domain."
More importantly for investors, it's less than 100% certain anyone on the above list will book significant, needle-moving wins -- even on this nearly $1 billion contract.
What it means for space investors
Consider that $981 million, spread over 10 years, works out to just $98.1 million per year. And if contracts are evenly distributed, each of the 15 companies might, on average, expect to book as little as $6.5 million per year under the contract.
It goes without saying that $6.5 million won't move the needle for giant space companies such as Boeing, Lockheed, Northrop, or L3Harris. Smaller space-fry such as Firefly, Redwire, or York Space might notice the revenue influx more. But even at York, $6.5 million extra per year will only add about 1.5% to the company's $405 million-a-year revenue stream.
In short, big as this contract appears on the surface, it's not -- in and of itself -- going to be enough to turn things around and start a new bull market in space stocks. Many more contracts, and many much larger contracts, will be needed for that.
Meanwhile, a survey of 15 of the biggest space stocks that I follow shows an average price-to-sales ratio of 65.4. (Even throwing out triple-digit P/S outliers such as AST and Virgin Galactic (NYSE: SPCE) only brings the average P/S down to 19.8.) Valuations remain extreme in this sector.
Investors should be wary. Even after some pretty historic declines, space stocks as a whole aren't yet cheap enough to guarantee a bounce-back.
Should you buy stock in Space Exploration Technologies right now?
Before you buy stock in Space Exploration Technologies, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Space Exploration Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $421,511!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,381,960!*
Now, it’s worth noting Stock Advisor’s total average return is 981% — a market-crushing outperformance compared to 216% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of August 18, 2026.
Rich Smith has positions in Intuitive Machines and Rocket Lab. The Motley Fool has positions in and recommends AST SpaceMobile, Amentum, Boeing, Firefly Aerospace, Intuitive Machines, L3Harris Technologies, Rocket Lab, and York Space Systems. The Motley Fool recommends BAE Systems and Lockheed Martin. The Motley Fool has a disclosure policy.

Can Space Stocks Bounce Back? This $1 Billion Air Force Contract Might Help.

Virgin Galactic (SPCE) came out with a quarterly loss of $0.58 per share versus the Zacks Consensus Estimate of a loss of $0.6. This compares to a loss of $1.47 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +3.33%. A quarter ago, it was expected that this company would post a loss of $0.79 per share when it actually produced a loss of $0.81, delivering a surprise of -2.53%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Virgin Galactic, which belongs to the Zacks Aerospace - Defense industry, posted revenues of $0.13 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 34.00%. This compares to year-ago revenues of $0.41 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Virgin Galactic shares have added about 2.5% since the beginning of the year versus the S&P 500's gain of 12.9%.
What's Next for Virgin Galactic?
While Virgin Galactic has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Virgin Galactic was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.64 on $0.19 million in revenues for the coming quarter and -$2.59 on $9.17 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Aerospace sector, AeroVironment (AVAV), has yet to report results for the quarter ended July 2026.
This maker of unmanned aircrafts is expected to post quarterly earnings of $0.34 per share in its upcoming report, which represents a year-over-year change of +6.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
AeroVironment's revenues are expected to be $474.57 million, up 4.4% from the year-ago quarter.
Should You Invest in Virgin Galactic Holdings, Inc. (SPCE)?
Before you invest in Virgin Galactic Holdings, Inc. (SPCE), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Virgin Galactic (SPCE) Reports Q2 Loss, Beats Revenue Estimates

The NASDAQ 100 After Hours Indicator is down -32.5 to 28,560.16. The total After hours volume is currently 158,321,802 shares traded.
The following are the most active stocks for the after hours session:
iShares Bitcoin Trust ETF (IBIT) is -0.084 at $36.27, with 13,653,087 shares traded. This represents a 10.43% increase from its 52 Week Low.
iShares Ethereum Trust ETF (ETHA) is -0.04 at $13.87, with 6,967,309 shares traded. This represents a 20.35% increase from its 52 Week Low.
Nokia Corporation (NOK) is -0.0367 at $10.08, with 6,561,231 shares traded.NOK is scheduled to provide an earnings report on 7/23/2026, for the fiscal quarter ending Jun2026. The consensus earnings per share forecast is 0.07 per share, which represents a 5 percent increase over the EPS one Year Ago
NVIDIA Corporation (NVDA) is -0.3664 at $202.44, with 5,436,747 shares traded. Over the last four weeks they have had 3 up revisions for the earnings forecast, for the fiscal quarter ending Jul 2026. The consensus EPS forecast is $2.01. As reported by Zacks, the current mean recommendation for NVDA is in the "buy range".
Walmart Inc. (WMT) is +0.21 at $114.45, with 5,363,315 shares traded. As reported by Zacks, the current mean recommendation for WMT is in the "buy range".
Cisco Systems, Inc. (CSCO) is unchanged at $111.94, with 4,252,711 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the "buy range".
Apollo Commercial Real Estate Finance (ARI) is +0.04 at $7.02, with 4,239,364 shares traded. ARI's current last sale is 59.74% of the target price of $11.75.
F.N.B. Corporation (FNB) is -0.01 at $19.15, with 4,175,161 shares traded. As reported by Zacks, the current mean recommendation for FNB is in the "buy range".
Apple Inc. (AAPL) is -0.04 at $333.70, with 4,121,752 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range".
Virgin Galactic Holdings, Inc. (SPCE) is -0.04 at $2.52, with 3,556,312 shares traded. SPCE's current last sale is 83.31% of the target price of $3.025.
Bank of America Corporation (BAC) is -0.03 at $61.24, with 2,684,564 shares traded. Over the last four weeks they have had 6 up revisions for the earnings forecast, for the fiscal quarter ending Sep 2026. The consensus EPS forecast is $1.17. As reported by Zacks, the current mean recommendation for BAC is in the "buy range".
AT&T Inc. (T) is unchanged at $21.81, with 2,292,712 shares traded.T is scheduled to provide an earnings report on 7/22/2026, for the fiscal quarter ending Jun2026. The consensus earnings per share forecast is 0.59 per share, which represents a 54 percent increase over the EPS one Year Ago
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After Hours Most Active for Jul 17, 2026 : IBIT, ETHA, NOK, NVDA, WMT, CSCO, ARI, FNB, AAPL, SPCE, BAC, T

The NASDAQ 100 After Hours Indicator is up 1.55 to 29,587.84. The total After hours volume is currently 147,417,977 shares traded.
The following are the most active stocks for the after hours session:
Pfizer, Inc. (PFE) is +0.0026 at $24.25, with 9,011,062 shares traded. PFE's current last sale is 86.62% of the target price of $28.
NVIDIA Corporation (NVDA) is +0.0565 at $211.86, with 5,191,684 shares traded. As reported by Zacks, the current mean recommendation for NVDA is in the "buy range".
CoreWeave, Inc. (CRWV) is +0.03 at $79.97, with 4,861,666 shares traded. As reported by Zacks, the current mean recommendation for CRWV is in the "buy range".
QXO, Inc. (QXO) is +0.01 at $14.47, with 3,903,648 shares traded. As reported by Zacks, the current mean recommendation for QXO is in the "buy range".
Virgin Galactic Holdings, Inc. (SPCE) is -0.0087 at $2.60, with 3,429,303 shares traded. SPCE's current last sale is 83.91% of the target price of $3.1.
Cisco Systems, Inc. (CSCO) is unchanged at $117.09, with 3,286,598 shares traded. As reported by Zacks, the current mean recommendation for CSCO is in the "buy range".
Rocket Companies, Inc. (RKT) is -0.03 at $14.27, with 2,742,227 shares traded. RKT's current last sale is 71.35% of the target price of $20.
Apple Inc. (AAPL) is -0.1 at $314.76, with 2,712,219 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range".
Solaris Energy Infrastructure, Inc. (SEI) is unchanged at $69.50, with 2,629,557 shares traded. As reported by Zacks, the current mean recommendation for SEI is in the "buy range".
Maravai LifeSciences Holdings, Inc. (MRVI) is +0.01 at $6.51, with 2,378,542 shares traded. As reported by Zacks, the current mean recommendation for MRVI is in the "buy range".
VALE S.A. (VALE) is -0.04 at $14.55, with 2,374,152 shares traded. VALE's current last sale is 86.87% of the target price of $16.75.
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ET (PDBC) is unchanged at $17.08, with 2,305,714 shares traded. This represents a 32.71% increase from its 52 Week Low.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

After Hours Most Active for Jul 14, 2026 : PFE, NVDA, CRWV, QXO, SPCE, CSCO, RKT, AAPL, SEI, MRVI, VALE, PDBC

The NASDAQ 100 Pre-Market Indicator is down -51.76 to 30,492.16. The total Pre-Market volume is currently 178,318,315 shares traded.
The following are the most active stocks for the pre-market session:
Space Exploration Technologies Corp. (SPCX) is +8.61 at $201.11, with 23,830,823 shares traded., following a 52-week high recorded in prior regular session.
Rackspace Technology, Inc. (RXT) is +1.5934 at $7.51, with 13,824,433 shares traded. RXT's current last sale is 150.17% of the target price of $5.
SL Science Holding Limited (SLBT) is +8.53 at $11.86, with 10,598,530 shares traded.
Nokia Corporation (NOK) is -0.0999 at $14.72, with 4,779,403 shares traded. As reported by Zacks, the current mean recommendation for NOK is in the "buy range".
Direxion Daily TSLA Bull 2X ETF (TSLL) is -0.28 at $13.61, with 4,442,028 shares traded. This represents a 41.77% increase from its 52 Week Low.
Vanguard Total International Stock ETF (VXUS) is +0.52 at $87.50, with 4,175,183 shares traded. This represents a 32.07% increase from its 52 Week Low.
ProShares UltraPro QQQ (TQQQ) is +0.01 at $84.60, with 3,133,015 shares traded. This represents a 136.91% increase from its 52 Week Low.
NIO Inc. (NIO) is -0.12 at $5.08, with 1,704,666 shares traded. NIO's current last sale is 72.57% of the target price of $7.
Redwire Corporation (RDW) is -0.31 at $14.52, with 1,645,594 shares traded. As reported by Zacks, the current mean recommendation for RDW is in the "buy range".
BitMine Immersion Technologies, Inc. (BMNR) is +0.14 at $17.25, with 1,172,605 shares traded. As reported by Zacks, the current mean recommendation for BMNR is in the "buy range".
Virgin Galactic Holdings, Inc. (SPCE) is -0.09 at $3.47, with 855,554 shares traded. SPCE's current last sale is 111.94% of the target price of $3.1.
NuScale Power Corporation (SMR) is -0.11 at $10.53, with 835,386 shares traded. SMR's current last sale is 61.94% of the target price of $17.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Most Active for Jun 16, 2026 : SPCX, RXT, SLBT, NOK, TSLL, VXUS, TQQQ, NIO, RDW, BMNR, SPCE, SMR

In trading on Friday, the Global X Copper Miners ETF is outperforming other ETFs, up about 3.8% on the day. Components of that ETF showing particular strength include shares of Northern Dynasty Minerals, up about 7.2% and shares of Taseko Mines, up about 7.2% on the day.
And underperforming other ETFs today is the Procure Space ETF, down about 3.6% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of Virgin Galactic Holdings, lower by about 25%, and shares of Momentus, lower by about 18.8% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Friday's ETF Movers: COPX, UFO

In trading on Friday, defense shares were relative laggards, down on the day by about 0.8%. Helping drag down the group were shares of Elbit Systems, down about 5.5% and shares of Optex Systems Holdings off about 1.5% on the day.
Also lagging the market Friday are aerospace & defense shares, down on the day by about 0.5% as a group, led down by Virgin Galactic Holdings, trading lower by about 25% and Sidus Space, trading lower by about 9.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Friday Sector Laggards: Defense, Aerospace & Defense Stocks

Ahead of this final trading day of the week — which has climbed past Friday’s highs after a tumultuous past few sessions — pre-market futures are up again, following a boffo Thursday that saw major indexes rise between +1.75% (S&P 500) and north of +2.5% (Nasdaq). Currently, the Dow is up +300 additional points, the S&P 500 +30, the Nasdaq +70 and the small-cap Russell 2000 is +13 points higher.
SpaceX to Make History on Its IPO Today
Elon Musk’s SpaceX (SPCX) will not be the first publicly-traded space rocket company — there are Rocket Lab RKLB, EchoStar SATS, AST Spacemobile ASTS and Virgin Galactic SPCE, just to name a few — but it will be the biggest. Currently valued between 1.75-2.00 trillion in market capitalization, today’s IPO is underwritten by Goldman Sachs GS and is expected to raise $75 billion.
The finances get a bit gnarly fairly quickly when we look into this IPO: while more than 555 million shares will be on offer, there is a known lockup period out in mid-August and some two dozen levered ETFs related to SpaceX going public, again just to name a couple examples. This doesn’t even begin to address Musk’s expressed interest for SpaceX to acquire Tesla TSLA, the CEO’s other trillion-dollar corporation.
Without getting too deep into the smoke on the launchpad, suffice it to say this IPO is not guaranteed to blast off and take retail markets with it. Those early investors in the company — SpaceX was founded way back in 2002 — will clearly do great today; they’ve literally had this moment circled on their calendars for years.
Why SpaceX is a long-term winner is crystal clear: with database installation outside the Earth’s atmosphere, and perhaps energy stations and other huge enterprises as well, SpaceX’s utility is vast and forward looking. Its Starlink satellite systems (more than 10K and growing) has already manifest itself as a key cog in global communications. So while the near-term hype may not be worth the navigation to get a piece of this IPO, ultimately SpaceX looks to be nothing short of a staple of the American economy.
What to Expect from the Market Today, Next Week
Follow along with Zacks Strategists Tracey Ryniec and Dave Bartosiak starting at 10am for analysis, insight and documentation of the first trades for SPCX.
Meanwhile, after today’s open, the latest Consumer Sentiment survey from the University of Michigan is expected to improve slightly off May’s all-time low 44.8, but only up to a still-paltry 46.0. A full 57% of respondents last month cited a high cost of living — sparked by high gasoline prices that resulted after the war on Iran led to the closure of the Strait of Hormuz. Politically speaking, Republicans and Independents joined Democrats at these low sentiment levels.
Finally, as last week was Jobs Week and this week addressed Inflation, next week brings us key data on the Housing market. Housing Starts & Building Permits, Home Builder Confidence, and Pending Home Sales will give us a clearer picture of this space, which looks to be rebounding off multi-year lows in recent months.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
Virgin Galactic Holdings, Inc. (SPCE) : Free Stock Analysis Report
AST SpaceMobile, Inc. (ASTS) : Free Stock Analysis Report
Rocket Lab Corporation (RKLB) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

All Eyes on SpaceX IPO Today

Friday, June 12th, 2026
Ahead of this final trading day of the week — which has climbed past Friday’s highs after a tumultuous past few sessions — pre-market futures are up again, following a boffo Thursday that saw major indexes rise between +1.75% (S&P 500) and north of +2.5% (Nasdaq). Currently, the Dow is up +300 additional points, the S&P 500 +30, the Nasdaq +70 and the small-cap Russell 2000 is +13 points higher.
SpaceX to Make History on Its IPO Today
Elon Musk’s SpaceX (SPCX) will not be the first publicly-traded space rocket company — there are Rocket Lab RKLB, EchoStar SATS, AST Spacemobile ASTS and Virgin Galactic SPCE, just to name a few — but it will be the biggest. Currently valued between $1.75-2.00 trillion in market capitalization, today’s IPO is underwritten by Goldman Sachs GS and is expected to raise $75 billion.
The finances get a bit gnarly fairly quickly when we look into this IPO: while more than 555 million shares will be on offer, there is a known lockup period out in mid-August and some two dozen levered ETFs related to SpaceX going public, again just to name a couple examples. This doesn’t even begin to address Musk’s expressed interest for SpaceX to acquire Tesla TSLA, the CEO’s other trillion-dollar corporation.
Without getting too deep into the smoke on the launchpad, suffice it to say this IPO is not guaranteed to blast off and take retail markets with it. Those early investors in the company — SpaceX was founded way back in 2002 — will clearly do great today; they’ve literally had this moment circled on their calendars for years.
Why SpaceX is a long-term winner is crystal clear: with database installation outside the Earth’s atmosphere, and perhaps energy stations and other huge enterprises as well, SpaceX’s utility is vast and forward looking. Its Starlink satellite systems (more than 10K and growing) has already manifest itself as a key cog in global communications. So while the near-term hype may not be worth the navigation to get a piece of this IPO, ultimately SpaceX looks to be nothing short of a staple of the American economy.
What to Expect from the Market Today, Next Week
Follow along with Zacks Strategists Tracey Ryniec and Dave Bartosiak starting at 10am for analysis, insight and documentation of the first trades for SPCX. Tune in on our YouTube channel here for full Zacks coverage.
Meanwhile, after today’s open, the latest Consumer Sentiment survey from the University of Michigan is expected to improve slightly off May’s all-time low 44.8, but only up to a still-paltry 46.0. A full 57% of respondents last month cited a high cost of living — sparked by high gasoline prices that resulted after the war on Iran led to the closure of the Strait of Hormuz. Politically speaking, Republicans and Independents joined Democrats at these low sentiment levels.
Finally, as last week was Jobs Week and this week addressed Inflation, next week brings us key data on the Housing market. Housing Starts & Building Permits, Home Builder Confidence, and Pending Home Sales will give us a clearer picture of this space, which looks to be rebounding off multi-year lows in recent months.
Questions or comments about this article and/or author? Click here>>
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Tesla, Inc. (TSLA) : Free Stock Analysis Report
AST SpaceMobile, Inc. (ASTS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

SpaceX IPO Crowds Pre-Market Sentiment

The NASDAQ 100 Pre-Market Indicator is up 18.91 to 29,465.09. The total Pre-Market volume is currently 262,369,675 shares traded.
The following are the most active stocks for the pre-market session:
Virgin Galactic Holdings, Inc. (SPCE) is -0.78 at $4.95, with 13,009,297 shares traded. SPCE's current last sale is 165% of the target price of $3.
Nokia Corporation (NOK) is +0.13 at $14.22, with 6,973,700 shares traded. As reported by Zacks, the current mean recommendation for NOK is in the "buy range".
Defiance Daily Target 2x Short RKLB ETF (RKLZ) is -0.135 at $2.35, with 5,989,934 shares traded. This represents a 40.42% increase from its 52 Week Low.
Redwire Corporation (RDW) is -0.53 at $16.56, with 5,812,175 shares traded. As reported by Zacks, the current mean recommendation for RDW is in the "buy range".
ProShares UltraPro QQQ (TQQQ) is +0.64 at $76.65, with 5,375,705 shares traded. This represents a 114.65% increase from its 52 Week Low.
Direxion Daily TSLA Bull 2X ETF (TSLL) is +0.21 at $13.33, with 4,965,985 shares traded. This represents a 38.85% increase from its 52 Week Low.
ProShares UltraPro Short QQQ (SQQQ) is -0.33 at $40.50, with 4,682,380 shares traded. This represents a 10.81% increase from its 52 Week Low.
Rocket Lab Corporation (RKLB) is +3.23 at $118.01, with 3,205,797 shares traded. As reported by Zacks, the current mean recommendation for RKLB is in the "buy range".
Bank of America Corporation (BAC) is +0.2786 at $55.44, with 2,766,081 shares traded. As reported by Zacks, the current mean recommendation for BAC is in the "buy range".
Intel Corporation (INTC) is -1.0599 at $115.90, with 2,536,072 shares traded. INTC's current last sale is 139.64% of the target price of $83.
NuScale Power Corporation (SMR) is +0.3 at $9.87, with 2,423,454 shares traded. SMR's current last sale is 58.06% of the target price of $17.
Exxon Mobil Corporation (XOM) is -1.058 at $145.54, with 1,245,069 shares traded. XOM's current last sale is 85.11% of the target price of $171.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Indicator	TTM Median
P/E	0.00 24.67
Price/Sales	149.50 1.41
P/B	1.07 2.39
P/FCF	0.00 18.56

Indicator	TTM Median
ROE	0.00 14.70
ROA	0.00 6.02
ROI	0.00 8.68
Net Worth	0.33 1.19
Quick Ratio	0.00 1.16
Current Ratio	1.62 1.59

Indicator	TTM Median
Net Profit Margin	0.00 7.70
Operating Margin	0.00 10.36
Gross Margin	100.00 32.70
Return on tangible equity	0.00 24.33

Indicator	TTM Median
EPS	-0.58 0.80
EPS Forecast	-0.60 0.67
Revenue	0.00 187.00M
Gross Profit	0.00 —
EBITDA	-77.00M —

Virgin Galactic Holdings, Inc.

Recent quarterly and TTM performance

Valuation

Debts

Efficiency

Other ratios

Revenue