Voyager Technologies, Inc. (NYSE:VOYG) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Shares of Voyager Technologies, Inc. (NYSE:VOYG) received an average rating of "Moderate Buy" from brokerages, with five analysts recommending a buy and two suggesting a hold.
• The company's latest earnings report showed a revenue increase of 24.5% year-over-year, but it reported a loss of ($0.60) EPS, missing estimates by ($0.33).
• Voyager Technologies stock is currently down 2.7%, opening at $28.97, with a 52-week range of $26.10 to $73.95.

Shares of Voyager Technologies, Inc. (NYSE:VOYG - Get Free Report) have been given an average rating of "Moderate Buy" by the seven ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $47.7143.

Several brokerages have weighed in on VOYG. Bank of America cut their price target on Voyager Technologies from $50.00 to $41.00 and set a "buy" rating on the stock in a research report on Monday, August 25th. Wall Street Zen cut Voyager Technologies from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Jefferies Financial Group initiated coverage on Voyager Technologies in a research report on Monday, July 7th. They issued a "buy" rating and a $50.00 target price on the stock. Morgan Stanley started coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They set an "equal weight" rating and a $46.00 target price for the company. Finally, KeyCorp started coverage on Voyager Technologies in a research report on Monday, July 7th. They set an "overweight" rating and a $50.00 price objective for the company.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VOYG. Senvest Management LLC acquired a new stake in Voyager Technologies during the second quarter valued at approximately $110,514,000. Dorsey & Whitney Trust CO LLC bought a new position in shares of Voyager Technologies during the 2nd quarter worth about $41,607,000. Balyasny Asset Management L.P. bought a new position in Voyager Technologies during the 2nd quarter valued at about $38,997,000. Alliancebernstein L.P. acquired a new stake in Voyager Technologies in the 2nd quarter valued at about $24,720,000. Finally, Liberty Street Advisors Inc. acquired a new stake in shares of Voyager Technologies during the 2nd quarter worth approximately $21,384,000.

Voyager Technologies Stock Performance

Shares of VOYG traded down $0.61 during mid-day trading on Friday, reaching $32.05. 220,626 shares of the company's stock traded hands, compared to its average volume of 1,269,512. The firm's 50-day moving average is $33.90. Voyager Technologies has a 12 month low of $26.10 and a 12 month high of $73.95.

Voyager Technologies (NYSE:VOYG - Get Free Report) last released its earnings results on Monday, August 4th. The company reported ($0.60) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by ($0.33). The firm had revenue of $45.67 million during the quarter, compared to analysts' expectations of $35.44 million. During the same quarter last year, the company posted ($1.29) earnings per share. The business's revenue was up 24.5% on a year-over-year basis. Voyager Technologies has set its FY 2025 guidance at EPS.

About Voyager Technologies

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development.