Virgin Galactic Shareholders Approve Expanded Long-Term Incentive Plan
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Virgin Galactic Holdings ( (SPCE) ) has provided an update.
Virgin Galactic shareholders approved the company’s Fourth Amended and Restated 2019 Incentive Award Plan at the June 11, 2026 annual meeting, expanding the share reserve to 17,120,437 shares, increasing the capacity for incentive stock options, and extending the plan’s award-granting period through June 11, 2036, with incentive options issuable until April 14, 2036. Investors also elected all nominated directors to serve until the 2027 annual meeting, ratified Ernst & Young LLP as auditor for 2026, endorsed executive pay on an advisory basis, approved the revised incentive plan, and signaled a preference for holding annual say-on-pay votes, which the company intends to follow.
The most recent analyst rating on (SPCE) stock is a Hold
with a $3.00 price target.
To see the full list of analyst forecasts on Virgin Galactic Holdings stock,
see the SPCE Stock Forecast page.
Spark’s Take on SPCE Stock
According to Spark, TipRanks’ AI Analyst, SPCE is a Neutral.
Overall score is held down primarily by very weak financial performance (minimal and declining revenue, large ongoing losses, and substantial negative free cash flow). Technicals are mixed but somewhat improved versus longer-term averages, providing only partial support. Valuation is also a drag because losses make P/E not meaningful and there is no dividend yield.
To see Spark’s full report on SPCE stock,
click here.
More about Virgin Galactic Holdings
Virgin Galactic Holdings, Inc. operates in the commercial spaceflight industry, focusing on suborbital space tourism and related aerospace services. The company develops and operates spacecraft designed to carry private individuals and research payloads to the edge of space, targeting high-net-worth consumers and institutional clients seeking microgravity and atmospheric research opportunities.
Average Trading Volume: 27,156,713
Technical Sentiment Signal: Hold
Current Market Cap: $393.7M
See more data about SPCE stock on TipRanks’ Stock Analysis page.
