Wall Street analysts are beginning to weigh in on Voyager Technologies (VOYG) following its impressive IPO. With a strong start and growing interest in its AI-driven space and defense technology, analysts have initiated coverage with a mix of bullish and cautious outlooks.
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For context, Voyager develops AI-powered subsystems for top defense contractors and has trusted partnerships in advanced missile defense and space projects. VOYG stock soared 125% at market open on June 11, debuting at $69.75, well above its IPO price of $31. The company raised $382.8 million by selling approximately 12.4 million shares in its IPO. Since then, VOYG has fallen by nearly 30%.
JP Morgan Sets the Bar High With Bullish Price Target
Five-star-rated analyst Seth Seifman of J.P. Morgan initiated coverage on VOYG stock with a Buy rating and a price target of $52, suggesting a potential upside of 26.3%. Seifman’s $52 price target for Voyager breaks down into $33 per share for its core business, $13 for the Starlab space station project, and about $6 for the cash the company holds. Starlab is a low Earth orbit commercial space station being developed by Voyager and Airbus (EADSF) through their joint venture, Starlab Space.
The firm expects Voyager’s revenue to grow at an average rate of 30% per year from 2026 to 2030, reaching around $600 million, with an EBITDA margin of 16%.
Other Analysts Weigh In on VOYG Stock
Top analysts from Jefferies and KeyBanc also rated VOYG stock as a Buy, predicting over 20% upside.
KeyBanc’s top-rated analyst Michael Leshock argues that Voyager is well-positioned to benefit from the rapidly growing space and defense sectors. The firm also highlighted Voyager’s strategic alliance with Palantir (PLTR) as a major strength. It also viewed Starlab as a potential growth catalyst.
Meanwhile, both Barclays and Morgan Stanley initiated coverage on VOYG stock with Hold ratings.
Is VOYG Stock a Good Buy?
Overall, Wall Street analysts have a Moderate Buy consensus rating on VOYG stock based on three Buys and two Holds assigned in the last three months. The average Voyager Technologies stock price target of $48.60 implies a 21.6% upside from the current trading level.
