Sheila Kahyaoglu, an analyst from Jefferies, has initiated a new Buy rating on Voyager Technologies, Inc. Class A (VOYG).
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Sheila Kahyaoglu’s rating is based on several compelling factors that position Voyager Technologies, Inc. Class A as a strong investment opportunity. The company is expected to achieve a robust compound annual growth rate (CAGR) of 26% in its core sales through 2030, driven by its involvement in franchise missile programs and the integration of hardware and software for government and civil space initiatives. This growth is supported by a significant pipeline of opportunities, particularly in the Defense & National Security segment, which is projected to grow at a 35% CAGR to 2030.
Additionally, the risk-adjusted valuation of Voyager’s Starlab project contributes significantly to the Buy rating. Starlab is poised to replace the International Space Station, with a projected revenue climb to $2.5 billion by 2030. The project is expected to achieve a free cash flow margin of approximately 50%, with potential upside upon de-risking. Furthermore, Voyager’s strong cash position post-IPO and its asset-light model provide flexibility for mergers and acquisitions, enhancing its growth prospects and supporting the Buy rating with a price target of $50 per share.