Voyager Technologies (NYSE:VOYG) Announces Earnings Results, Misses Estimates By $0.33 EPS

Key Points

• Voyager Technologies reported quarterly earnings of ($0.60) per share, which missed the consensus estimate of ($0.27) by $0.33.
• Shares of VOYG traded up to $40.33 despite the earnings miss, with a 52-week high of $73.95 and a low of $37.51.
• Several brokerages have issued ratings for the stock, with an average target price of $49.00, reflecting a "Moderate Buy" consensus among analysts.

Voyager Technologies (NYSE:VOYG - Get Free Report) issued its quarterly earnings results on Monday. The company reported ($0.60) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.33), Zacks reports. The business had revenue of $45.67 million during the quarter, compared to the consensus estimate of $35.44 million. During the same quarter in the prior year, the company posted ($1.29) earnings per share. The firm's revenue for the quarter was up 24.5% on a year-over-year basis. Voyager Technologies updated its FY 2025 guidance to EPS.

Voyager Technologies Trading Down 8.9%

Shares of VOYG stock traded down $3.12 during midday trading on Friday, reaching $31.87. 715,895 shares of the stock were exchanged, compared to its average volume of 1,568,978. Voyager Technologies has a 1 year low of $31.87 and a 1 year high of $73.95.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VOYG. KeyCorp assumed coverage on Voyager Technologies in a research note on Monday, July 7th. They set an "overweight" rating and a $50.00 price objective for the company. Morgan Stanley started coverage on shares of Voyager Technologies in a research report on Monday, July 7th. They set an "equal weight" rating and a $46.00 price target on the stock. JPMorgan Chase & Co. began coverage on Voyager Technologies in a research report on Monday, July 7th. They set an "overweight" rating and a $52.00 price target for the company. Barclays assumed coverage on shares of Voyager Technologies in a report on Monday, July 7th. They set an "equal weight" rating and a $45.00 target price on the stock. Finally, Wolfe Research initiated coverage on shares of Voyager Technologies in a report on Monday, July 7th. They issued an "outperform" rating and a $50.00 target price on the stock. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Voyager Technologies currently has an average rating of "Moderate Buy" and a consensus target price of $49.00.

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.