Where Does Wall Street Think Virgin Orbit Holdings Inc (VORB) Stock Will Go?

Wednesday, January 19, 2022 11:28 AM | InvestorsObserver Analysts

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Where Does Wall Street Think Virgin Orbit Holdings Inc (VORB) Stock Will Go?

Wall Street is neutral on Virgin Orbit Holdings Inc (VORB). On average, analysts give the stock a Hold rating. The average price target is $16.001, which means analysts expect the stock to gain by 83.29% over the next twelve months. That average ranking earns the stock an Analyst Rating of 4, which is better than 4% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating VORB a Hold today. Find out what this means to you and get the rest of the rankings on VORB!

See Full VORB Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Virgin Orbit Holdings Inc Stock Today?

Virgin Orbit Holdings Inc (VORB) stock is trading at $8.73 as of 11:27 AM on Wednesday, Jan 19, a loss of -$0.24, or -2.68% from the previous closing price of $8.97. The stock has traded between $8.63 and $9.20 so far today. Volume today is below average. So far 162,319 shares have traded compared to average volume of 1,565,050 shares. Click Here to get the full Stock Report for Virgin Orbit Holdings Inc stock.