Voyager Technologies, Inc. Class A (VOYG) has received a new Buy rating, initiated by J.P. Morgan analyst, Seth Seifman.
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Seth Seifman has given his Buy rating due to a combination of factors that highlight Voyager Technologies, Inc.’s potential for substantial growth. The company is strategically positioned in the space and defense sectors, with a focus on propulsion, guidance, and other military applications. Notably, Voyager holds a significant stake in the Starlab joint venture, which is poised to replace the International Space Station and could become a major revenue driver in the future.
Additionally, Voyager is expected to experience robust growth in its Defense and National Security segment, with a projected 35% annual growth rate driven by its involvement in key defense programs and innovative products like TALIX software. The company’s valuation reflects its potential to outpace growth compared to its peers, supported by a 7.5x EV/sales multiple and additional value from its stake in Starlab. This positions Voyager as an attractive investment opportunity with a price target of $52 per share by December 2026.
In another report released today, KeyBanc also initiated coverage with a Buy rating on the stock with a $50.00 price target.