5 Best Space Stocks with High Upside Potential

3. Virgin Galactic Holdings, Inc. (NYSE:SPCE)

Virgin Galactic Holdings, Inc. (NYSE:SPCE) is one of the best space stocks with high upside potential.

On April 2, 2026, Jefferies lowered its price target on Virgin Galactic to $5 from $8 while maintaining a Buy rating. The firm tied the change mainly to cash flow timing rather than a break in the company’s operating roadmap. Jefferies said Virgin Galactic’s free cash flow path is becoming clearer and based its revised target on a discounted cash flow analysis, while still arguing that operational milestones could unlock value.

The note followed the company’s fourth-quarter update, which Jefferies said showed progress on Virgin Galactic’s first spaceship as it enters a ground test phase targeted to begin in April 2026. Test flights are expected in the third quarter, with first commercial flights projected in the fourth quarter. Jefferies also noted that Virgin Galactic reopened sales in the first quarter of 2026, has 675 customers in its backlog, and held $338 million in cash, which it said could bridge the company to operating cash flow positivity in 2027 as flight cadence builds.

Virgin Galactic Holdings, Inc. (NYSE:SPCE) is a spaceflight company developing suborbital flights for private astronauts and research customers through its commercial spaceline platform.