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VOYG

VOYG

VOYG
$25.90USD↑+3.48%+0.87 today

MARKET CAP

1.5B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$24 – $26

52W RANGE

$17
$52

AI Summary

Stalk
TrimMedium

In a Stage 4 decline with sustained lower highs and lower lows under declining moving averages and no mean reversion eligibility, medium-term bias remains bearish. Price is extended below dynamic EMAs with extreme oversold readings and a bearish exhaustion pattern at recent lows, but short-term timing is unfavorable for immediate selling. Under Speculative strategy, deferred sell is preferred, seeking a pullback into resistance near EMAs for optimal engagement. Trim.

  • ↑Defense segment revenue surged 63% YoY, driven by geopolitical demand
  • ↑2026 revenue guidance raised to $225M–$255M, implying 35–53% growth
  • ↓Adjusted EBITDA loss widened to $69.9M in 2025 from $30M in 2024
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Voyager Technologies, Inc. (NASDAQ: VOYG) operates in the high-growth defense and commercial space sector, focused on transforming national security solutions and advancing space technologies. Since its establishment in 2019, the company has emerged as a significant player in this space, particularly through its ambitious projects, including the Starlab space station and the acquisition of Astrobotic Technology aimed at enhancing lunar operations. As defense spending is expected to rise due to geopolitical tensions, Voyager stands to benefit from increased demand for advanced missile defense systems and space solutions.

Bull says

  • ↑Defense segment revenue surged 63% YoY, driven by geopolitical demand
  • ↑2026 revenue guidance raised to $225M–$255M, implying 35–53% growth
  • ↑Record backlog of $266M at end-Q1, up 33% YoY
  • ↑Estes Energetics acquisition adds over $1B of pipeline opportunity
  • ↑R&D spend exceeds 20% of net sales, fueling innovation pipeline
  • ↑Strong liquidity and favorable interest-rate sensitivity support profitability

Bear says

  • ↓Adjusted EBITDA loss widened to $69.9M in 2025 from $30M in 2024
  • ↓Earnings yield -2.65 and profitability score of -1.76 signal operational inefficiency
  • ↓Cash burn remains elevated amid R&D spend targeting 20% of revenue
  • ↓High short interest and volatility indicate investor skepticism
  • ↓Negative leverage score raises funding risk amid heavy growth investments
  • ↓Dependence on defense contracts adds revenue volatility risk

Investment themes with VOYG

Defense Tech↓ -0.44%

LMT · RTX · GD
Space↓ -0.99%

PL · GSAT · VSAT

Earnings Call · Q4 2025 · Mgmt. Guidance

Updated 07-05-2026neutral

Transcript signals

Bull points

  • 2025 was a fantastic year for Voyager, which was founded just 6 years ago. 2025 was the first year we operated as a public company, moving from building the platform to rapidly scaling it.
  • In fact, based upon a record backlog, we are significantly raising our revenue guidance for the year, and we'll provide more specifics on that raise in a moment.
  • Our Defense and National Security segment grew significantly, up 59% year-over-year, driven by execution on Next Generation Interceptor and other classified programs.

Bear points

  • Adjusted EBITDA for the fourth quarter was a loss of $21.8 million compared to a loss of $6.3 million last year. The year-over-year change reflects investments on innovation, talent acquisition and corporate infrastructure build.
  • Segment adjusted EBITDA was a loss of $4.5 million. This reflecting increased R&D and talent investments.
  • Adjusted EBITDA for the full year was a loss of $69.9 million compared to a loss of $30 million last year.
Read full transcript analysis ›