TD Cowen Bullish on Virgin Galactic's Launch Timeline -- Market Talk

Dow Jones

2025/11/15

1445 ET - It's unusual for a public company to consistently burn through cash with little revenue to show for it. But TD Cowen remains bullish about Virgin Galactic's ability to deliver on promises of substantial returns once it launches commercial spaceflights at the end of 2026, reiterating its buy rating after a narrowed third-quarter loss. "We like illustrative high margin opportunity, but this is illustrative vs. reality - so execution and proof points continue to matter," analysts said in a research note. Still, they said the company has hit key technical milestones, adding that potential revenue streams beyond commercial flights, like experiences and research work, show additional upside. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

November 14, 2025 14:45 ET (19:45 GMT)

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But TD Cowen remains bullish about Virgin Galactic's ability to deliver on promises of substantial returns once it launches commercial spaceflights at the end of 2026, reiterating its buy rating after a narrowed third-quarter loss. \"We like illustrative high margin opportunity, but this is illustrative vs. reality - so execution and proof points continue to matter,\" analysts said in a research note. Still, they said the company has hit key technical milestones, adding that potential revenue streams beyond commercial flights, like experiences and research work, show additional upside. (elias.schisgall@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 14, 2025 14:45 ET (19:45 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COWN","symbol_name":"高宏集團","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2583689316","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583689316","pubTimestamp":1763149500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1445 ET - It's unusual for a public company to consistently burn through cash with little revenue to show for it. But TD Cowen remains bullish about Virgin Galactic's ability to deliver on promises of substantial returns once it launches commercial spaceflights at the end of 2026, reiterating its buy rating after a narrowed third-quarter loss. \"We like illustrative high margin opportunity, but this is illustrative vs. reality - so execution and proof points continue to matter,\" analysts said in a research note. Still, they said the company has hit key technical milestones, adding that potential revenue streams beyond commercial flights, like experiences and research work, show additional upside. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COWN":"高宏集团","BK4112":"金融交易所和数据","TD":"道明银行","BK4585":"ETF&股票定投概念","BK4564":"太空概念","SPCE":"维珍银河","BK4187":"航天航空与国防","BK4127":"投资银行业与经纪业","BK4562":"SPAC上市公司","BK4207":"综合性银行","BK4566":"资本集团"},"translate_title":"TD Cowen看好维珍银河的推出时间表——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COWN":1.5,"TD":1.5,"SPCE":1.5},"content_text":"1445 ET - It's unusual for a public company to consistently burn through cash with little revenue to show for it. But TD Cowen remains bullish about Virgin Galactic's ability to deliver on promises of substantial returns once it launches commercial spaceflights at the end of 2026, reiterating its buy rating after a narrowed third-quarter loss. \"We like illustrative high margin opportunity, but this is illustrative vs. reality - so execution and proof points continue to matter,\" analysts said in a research note. Still, they said the company has hit key technical milestones, adding that potential revenue streams beyond commercial flights, like experiences and research work, show additional upside. (elias.schisgall@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 14, 2025 14:45 ET (19:45 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}