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

Key Points

• Voyager Technologies, Inc. (NYSE:VOYG) has received a consensus rating of “Moderate Buy” from seven research firms, with five analysts recommending a buy and two recommending a hold.
• The stock's average twelve-month price target among analysts is $47.71, with various firms issuing target prices ranging from $41.00 to $52.00.
• Despite a year-over-year revenue increase of 24.5%, the company reported an earnings miss, posting an EPS of ($0.60) compared to the consensus estimate of ($0.27).

Shares of Voyager Technologies, Inc. (NYSE:VOYG - Get Free Report) have received a consensus rating of "Moderate Buy" from the seven research firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $47.7143.

VOYG has been the subject of several recent analyst reports. Morgan Stanley initiated coverage on shares of Voyager Technologies in a report on Monday, July 7th. They issued an "equal weight" rating and a $46.00 target price for the company. JPMorgan Chase & Co. assumed coverage on shares of Voyager Technologies in a research report on Monday, July 7th. They issued an "overweight" rating and a $52.00 price target for the company. Bank of America reduced their price target on shares of Voyager Technologies from $50.00 to $41.00 and set a "buy" rating for the company in a research report on Monday. Wolfe Research assumed coverage on shares of Voyager Technologies in a research report on Monday, July 7th. They issued an "outperform" rating and a $50.00 price target for the company. Finally, Barclays assumed coverage on shares of Voyager Technologies in a research report on Monday, July 7th. They issued an "equal weight" rating and a $45.00 price target for the company.

Voyager Technologies Stock Down 2.4%

Shares of VOYG opened at $30.02 on Tuesday. Voyager Technologies has a one year low of $28.39 and a one year high of $73.95. The stock has a 50-day moving average price of $38.37.

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

Institutional Trading of Voyager Technologies

A number of hedge funds have recently made changes to their positions in the stock. Highline Wealth Partners LLC purchased a new stake in shares of Voyager Technologies in the second quarter worth approximately $26,000. Steward Partners Investment Advisory LLC bought a new position in Voyager Technologies during the second quarter valued at approximately $28,000. Legal & General Group Plc bought a new position in Voyager Technologies during the second quarter valued at approximately $40,000. Raymond James Financial Inc. bought a new position in Voyager Technologies during the second quarter valued at approximately $105,000. Finally, New York State Common Retirement Fund bought a new position in Voyager Technologies during the second quarter valued at approximately $146,000.

Voyager Technologies Company Profile

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.

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