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    VGN — Virgin Australia Holdings News Story

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    Morningstar, Citi raise earnings outlook for Virgin Australia after profit beat

    Picture of Virgin Australia Holdings logoVirgin Australia Holdings
    30/08/2026 21:18
    BUZZ-Morningstar, Citi raise earnings outlook for Virgin Australia after profit beat
    ** Citi hikes price target for Virgin Australia VGN.AX to A$3.20 per share, Morningstar raises fair value estimate to A$3.10 per share
    ** Citi, Morningstar hike earnings forecasts after the carrier reported better-than-expected annual underlying profit on Friday
    ** Citi cautiously optimistic around anticipated pricing power, Morningstar expects return to capacity growth in FY28
    ** VGN shares closed down 1.4% on Friday, widening YTD losses to 7.7%

     (Reporting by Nichiket Sunil in Bengaluru; Editing by Chris Reese)
     ((Nichiket.Sunil@thomsonreuters.com))

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