Symbols / VOYG Stock $44.96 -9.99% Voyager Technologies, Inc.

Industrials • Aerospace & Defense • United States • NYQ
VOYG (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Aerospace & Defense
CEO Mr. Dylan E. Taylor MBA
Exch · Country NYQ · United States
Market Cap 2.66B
Enterprise Value 2.77B
Income -127.12M
Sales 167.16M
FCF (ttm) -229.55M
Book/sh 6.49
Cash/sh 7.25
Employees 800
Insider 10d —
IPO Jun 11, 2025
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -34.76
PEG —
P/S 15.94
P/B 6.93
P/C —
EV/EBITDA -26.04
EV/Sales 16.59
Quick Ratio 4.29
Current Ratio 4.57
Debt/Eq 121.47
LT Debt/Eq —
EPS (ttm) -3.06
EPS next Y -1.29
EPS Growth —
Revenue Growth 2.10%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-03
Earnings (prior) 2026-05-04
ROA -11.10%
ROE -54.10%
ROIC —
Gross Margin 13.61%
Oper. Margin -126.67%
Profit Margin -72.90%
Shs Outstand 53.50M
Shs Float 46.37M
Insider Own 4.99%
Instit Own 67.02%
Short Float 16.70%
Short Ratio 4.38
Short Interest 7.89M
52W High 73.95
vs 52W High -39.20%
52W Low 17.41
vs 52W Low 158.24%
Beta —
Impl. Vol. 0.10%
Rel Volume 1.05
Avg Volume 1.98M
Volume 2.09M
Target (mean) $43.70
Tgt Median $41.50
Tgt Low $21.00
Tgt High $60.00
# Analysts 10
Recom Buy
Prev Close $49.95
Price $44.96
Change -9.99%
About

Voyager Technologies, Inc. operates as a defense technology and space solutions company in the United States, Europe, the Middle East, and internationally. It operates through three segments: Defense & National Security, Space Solutions, and Starlab Space Stations. The Defense & National Security segment provides defense systems, including solid propulsion subsystems; signal intelligence systems; space-qualified radiation-hardened laser and radio frequency (RF) communications systems and advanced electro-optical and digital systems comprising transceivers, mission-data transmitters, and command and data handling systems; guidance, navigation, and control systems that include sun sensors, star trackers, and inertial measurement units; artificial intelligence-powered edge computing products; and space maneuver. Its Space Solutions segment offers advanced space technology systems, such as in-space propulsion systems with applications for orbital servicing, manufacturing, and deep space exploration; space infrastructure, including the Bishop Airlock, a module attached to the ISS that enables movement of equipment, supplies, and payloads between the ISS and open space; and space science and mission management services, such as the Space Acceleration Measurement System (SAMS) on the ISS. The Starlab Space Stations segment operates a commercial space station and provides continued permanent human presence in space. It serves defense, national security, and space industries. The company was formerly known as Voyager Space Holdings, Inc. and changed its name to Voyager Technologies, Inc. in February 2025. Voyager Technologies, Inc. was incorporated in 2019 and is headquartered in Denver, Colorado.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$43.70
Mean price target
2. Current target
$44.96
Latest analyst target
3. DCF / Fair value
$-77.23
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$44.96
Low
$21.00
High
$60.00
Mean
$43.70

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-06-03 reit Wedbush Outperform → Outperform $60
2026-06-01 main Jefferies Buy → Buy $60
2026-05-29 main Wedbush Outperform → Outperform $60
2026-05-18 main Citigroup Buy → Buy $44
2026-04-17 reit Wedbush Outperform → Outperform $46
2026-04-13 main JP Morgan Overweight → Overweight $39
2026-04-01 init Wells Fargo — → Underweight $21
2026-03-30 init Citigroup — → Buy $36
2026-03-13 reit Wedbush Outperform → Outperform $46
2026-01-23 init Wedbush — → Outperform $46
2025-11-24 main Morgan Stanley Equal-Weight → Equal-Weight $25
2025-11-06 main Keybanc Overweight → Overweight $45
2025-08-25 main B of A Securities Buy → Buy $41
2025-07-07 init Wolfe Research — → Outperform $50
2025-07-07 init Keybanc — → Overweight $50
2025-07-07 init Morgan Stanley — → Equal-Weight $46
2025-07-07 init Barclays — → Equal-Weight $45
2025-07-07 init B of A Securities — → Buy $50
2025-07-07 init JP Morgan — → Overweight $52
2025-07-07 init Jefferies — → Buy $50
News
RSS: Latest VOYG news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-29 JOH MARIAN Director — 3,130 $0.00 $0
2026-05-29 STERN SOL ALAN Director — 3,130 $0.00 $0
2026-05-29 FINKE GABE L. Director — 3,130 $0.00 $0
2026-01-13 MAGANA MATTHEW Officer — 10,000 $0.00 $0
2026-01-13 KUTA MATTHEW JAMES President — 100,000 $0.00 $0
2026-01-13 VERNAL MARGARET J. General Counsel — 10,000 $0.00 $0
2026-01-13 WEBER LANCE THOMAS Officer — 3,000 $0.00 $0
2025-06-13 SHAVERS CHERYL L Director — 7,500 $0.00 $0
2025-06-13 JOH MARIAN Director — 7,500 $0.00 $0
2025-06-13 STERN SOL ALAN Director — 7,500 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Revenue
166.42
+15.42%
144.18
+5.97%
136.06
Operating Revenue
166.42
+15.42%
144.18
+5.97%
136.06
Cost Of Revenue
136.54
+24.97%
109.27
+0.91%
108.28
Reconciled Cost Of Revenue
128.69
+25.59%
102.47
+0.65%
101.81
Gross Profit
29.88
-14.44%
34.91
+25.66%
27.79
Operating Expense
138.37
+73.48%
79.76
+90.10%
41.96
Research And Development
12.75
+67.56%
7.61
+141.05%
-18.54
Selling General And Administration
117.08
+87.13%
62.57
+15.78%
54.04
Total Expenses
274.92
+45.44%
189.03
+25.82%
150.24
Operating Income
-108.50
-141.92%
-44.85
-216.43%
-14.17
Total Operating Income As Reported
-108.50
-123.98%
-48.44
-241.79%
-14.17
EBITDA
-89.56
-129.97%
-38.94
-2810.54%
-1.34
Normalized EBITDA
-81.75
-210.34%
-26.34
-51554.90%
-0.05
Reconciled Depreciation
16.39
+0.09%
16.38
+26.67%
12.93
EBIT
-105.95
-91.52%
-55.32
-287.75%
-14.27
Total Unusual Items
-7.80
+38.06%
-12.60
-878.94%
-1.29
Total Unusual Items Excluding Goodwill
-7.80
+38.06%
-12.60
-878.94%
-1.29
Special Income Charges
-7.80
+39.90%
-12.99
-909.01%
-1.29
Other Special Charges
7.80
-16.91%
9.39
+629.76%
1.29
Impairment Of Capital Assets
—
3.59
0.00
Write Off
0.00
-100.00%
3.59
0.00
Net Income
-104.81
-68.86%
-62.07
-144.01%
-25.44
Pretax Income
-112.77
-67.48%
-67.34
-170.89%
-24.86
Net Non Operating Interest Income Expense
-6.82
+43.23%
-12.02
-13.47%
-10.59
Interest Expense Non Operating
6.82
-43.23%
12.02
+13.47%
10.59
Net Interest Income
-6.82
+43.23%
-12.02
-13.47%
-10.59
Interest Expense
6.82
-43.23%
12.02
+13.47%
10.59
Other Income Expense
2.55
+124.32%
-10.47
-11040.43%
-0.09
Other Non Operating Income Expenses
10.35
+386.65%
2.13
+78.29%
1.19
Gain On Sale Of Security
—
0.39
—
Tax Provision
-0.44
+74.24%
-1.71
-600.88%
0.34
Tax Rate For Calcs
0.00
-84.00%
0.00
-88.10%
0.00
Tax Effect Of Unusual Items
-0.03
+90.09%
-0.31
-16.54%
-0.27
Net Income Including Noncontrolling Interests
-112.33
-71.16%
-65.63
-160.45%
-25.20
Net Income From Continuing Operation Net Minority Interest
-104.81
-68.86%
-62.07
-144.01%
-25.44
Net Income From Continuing And Discontinued Operation
-104.81
-68.86%
-62.07
-144.01%
-25.44
Net Income Continuous Operations
-112.33
-71.16%
-65.63
-160.45%
-25.20
Minority Interests
7.52
+111.42%
3.56
+1581.67%
-0.24
Normalized Income
-97.04
-94.91%
-49.79
-103.87%
-24.42
Net Income Common Stockholders
-116.07
-38.37%
-83.89
-93.84%
-43.28
Otherunder Preferred Stock Dividend
—
5.41
+65.17%
3.28
Diluted EPS
-2.89
-83.00%
-1.58
-91.82%
-0.82
Basic EPS
-2.89
-94.80%
-1.48
-92.95%
-0.77
Basic Average Shares
40.21
-28.88%
56.55
+0.46%
56.29
Diluted Average Shares
40.21
-28.88%
56.55
+0.00%
56.55
Diluted NI Availto Com Stockholders
-116.07
-29.98%
-89.30
-91.82%
-46.55
Average Dilution Earnings
0.00
+100.00%
-5.41
-65.17%
-3.28
Amortization
8.54
-10.93%
9.58
+48.40%
6.46
Amortization Of Intangibles Income Statement
8.54
-10.93%
9.58
+48.40%
6.46
Depreciation Amortization Depletion Income Statement
8.54
-10.93%
9.58
+48.40%
6.46
Depreciation And Amortization In Income Statement
8.54
-10.93%
9.58
+48.40%
6.46
Preferred Stock Dividends
11.26
-48.40%
21.82
+22.29%
17.84
Line Item Trend 2025-12-31
Total Assets
1,050.45
Current Assets
581.30
Cash Cash Equivalents And Short Term Investments
491.33
Cash And Cash Equivalents
491.33
Receivables
59.60
Accounts Receivable
29.82
Gross Accounts Receivable
29.92
Allowance For Doubtful Accounts Receivable
-0.10
Other Receivables
29.79
Inventory
3.83
Prepaid Assets
—
Other Current Assets
26.54
Total Non Current Assets
469.15
Net PPE
182.45
Gross PPE
202.67
Accumulated Depreciation
-20.22
Properties
0.00
Buildings And Improvements
0.91
Machinery Furniture Equipment
17.02
Construction In Progress
143.87
Other Properties
37.70
Leases
3.19
Goodwill And Other Intangible Assets
256.66
Goodwill
157.67
Other Intangible Assets
98.98
Other Non Current Assets
30.05
Total Liabilities Net Minority Interest
620.92
Current Liabilities
133.03
Payables And Accrued Expenses
51.31
Payables
28.67
Accounts Payable
27.39
Current Accrued Expenses
22.64
Pensionand Other Post Retirement Benefit Plans Current
18.71
Total Tax Payable
1.28
Current Debt And Capital Lease Obligation
5.83
Current Debt
—
Other Current Borrowings
—
Current Capital Lease Obligation
5.83
Current Deferred Liabilities
24.34
Current Deferred Revenue
24.34
Other Current Liabilities
32.84
Total Non Current Liabilities Net Minority Interest
487.89
Long Term Debt And Capital Lease Obligation
460.97
Long Term Debt
447.63
Long Term Capital Lease Obligation
13.34
Non Current Deferred Liabilities
16.76
Non Current Deferred Revenue
7.90
Non Current Deferred Taxes Liabilities
8.86
Other Non Current Liabilities
10.17
Stockholders Equity
383.72
Common Stock Equity
383.72
Capital Stock
0.01
Common Stock
0.01
Preferred Stock
0.00
Share Issued
60.31
Ordinary Shares Number
59.14
Treasury Shares Number
1.16
Additional Paid In Capital
797.44
Retained Earnings
-385.93
Gains Losses Not Affecting Retained Earnings
-0.10
Treasury Stock
27.70
Minority Interest
45.81
Other Equity Adjustments
-0.10
Total Equity Gross Minority Interest
429.53
Total Capitalization
831.35
Working Capital
448.27
Invested Capital
831.35
Total Debt
466.80
Net Debt
—
Capital Lease Obligations
19.17
Net Tangible Assets
127.06
Tangible Book Value
127.06
Derivative Product Liabilities
0.00
Other Equity Interest
—
Preferred Stock Equity
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Operating Cash Flow
-60.94
-138.97%
-25.50
-65.80%
-15.38
Cash Flow From Continuing Operating Activities
-60.94
-138.97%
-25.50
-65.80%
-15.38
Net Income From Continuing Operations
-112.33
-71.16%
-65.63
-160.45%
-25.20
Depreciation Amortization Depletion
16.39
+0.09%
16.38
+26.67%
12.93
Depreciation
13.42
-1.32%
13.60
+32.07%
10.29
Amortization Cash Flow
2.98
+6.97%
2.78
+5.58%
2.63
Depreciation And Amortization
16.39
+0.09%
16.38
+26.67%
12.93
Amortization Of Intangibles
2.98
+6.97%
2.78
+5.58%
2.63
Other Non Cash Items
17.46
+39.47%
12.52
+2311.75%
0.52
Stock Based Compensation
18.92
+402.95%
3.76
+38.94%
2.71
Asset Impairment Charge
0.00
-100.00%
3.59
0.00
Deferred Tax
-0.48
+81.71%
-2.61
-305.27%
-0.65
Deferred Income Tax
-0.48
+81.71%
-2.61
-305.27%
-0.65
Operating Gains Losses
7.80
-16.91%
9.39
+629.76%
1.29
Change In Working Capital
-8.70
-199.97%
-2.90
+58.44%
-6.98
Change In Receivables
-5.71
+3.46%
-5.92
-305.27%
-1.46
Changes In Account Receivables
-5.16
-16.34%
-4.43
-942.59%
0.53
Change In Inventory
-0.34
-121.64%
1.58
+5.99%
1.49
Change In Prepaid Assets
-4.94
-4994.06%
0.10
+138.70%
-0.26
Change In Payables And Accrued Expense
16.16
+550.44%
2.48
+43.17%
1.74
Change In Accrued Expense
12.08
+41.27%
8.55
+159.68%
3.29
Change In Payable
4.07
+167.10%
-6.07
-289.35%
-1.56
Change In Account Payable
4.07
+167.10%
-6.07
-289.35%
-1.56
Change In Other Working Capital
-6.66
-189.86%
7.41
+228.75%
-5.75
Change In Other Current Assets
-4.23
+22.16%
-5.43
-870.00%
-0.56
Change In Other Current Liabilities
-2.98
+4.58%
-3.12
-44.02%
-2.17
Investing Cash Flow
-261.61
-841.95%
-27.77
-339.46%
11.60
Cash Flow From Continuing Investing Activities
-261.61
-841.95%
-27.77
-339.46%
11.60
Net PPE Purchase And Sale
-94.27
-239.44%
-27.77
-387.86%
9.65
Purchase Of PPE
-144.67
-74.93%
-82.70
-380.55%
-17.21
Sale Of PPE
50.40
-8.25%
54.93
+104.52%
26.86
Capital Expenditure
-144.67
-74.93%
-82.70
-380.55%
-17.21
Net Investment Purchase And Sale
-15.50
0.00
+100.00%
-0.10
Purchase Of Investment
-15.50
0.00
+100.00%
-0.10
Net Business Purchase And Sale
-151.83
0.00
-100.00%
2.05
Purchase Of Business
-151.83
—
—
Net Other Investing Changes
—
—
2.05
Financing Cash Flow
757.82
+859.79%
78.96
+3988.92%
1.93
Cash Flow From Continuing Financing Activities
757.82
+859.79%
78.96
+3988.92%
1.93
Net Issuance Payments Of Debt
395.58
+3356.36%
11.45
+52.89%
7.49
Issuance Of Debt
524.50
+671.11%
68.02
+44.41%
47.10
Repayment Of Debt
-128.92
-127.88%
-56.57
-42.81%
-39.61
Long Term Debt Issuance
524.50
+671.11%
68.02
+44.41%
47.10
Long Term Debt Payments
-128.92
-127.88%
-56.57
-60.38%
-35.27
Net Long Term Debt Issuance
395.58
+3356.36%
11.45
-3.21%
11.82
Short Term Debt Payments
0.00
0.00
+100.00%
-4.34
Net Short Term Debt Issuance
0.00
0.00
+100.00%
-4.34
Net Common Stock Issuance
296.44
0.00
0.00
Common Stock Payments
-158.85
0.00
0.00
Cash Dividends Paid
-27.58
0.00
0.00
Repurchase Of Capital Stock
-161.89
0.00
0.00
Net Other Financing Charges
-19.62
-2246.50%
0.91
+110.53%
-8.68
Changes In Cash
435.27
+1594.86%
25.68
+1486.72%
-1.85
Effect Of Exchange Rate Changes
0.13
+506.45%
-0.03
-444.44%
0.01
Beginning Cash Position
55.93
+84.72%
30.28
-5.74%
32.12
End Cash Position
491.33
+778.47%
55.93
+84.72%
30.28
Free Cash Flow
-205.62
-90.02%
-108.20
-232.01%
-32.59
Interest Paid Supplemental Data
2.90
-50.68%
5.89
-3.00%
6.07
Income Tax Paid Supplemental Data
0.72
+93.85%
0.37
-72.42%
1.36
Amortization Of Securities
—
5.67
+36.92%
4.14
Common Stock Issuance
455.29
0.00
0.00
Issuance Of Capital Stock
571.34
+757.89%
66.60
+2029.09%
3.13
Net Preferred Stock Issuance
113.00
+69.68%
66.60
+2029.09%
3.13
Preferred Stock Dividend Paid
-27.58
0.00
0.00
Preferred Stock Issuance
116.05
+74.25%
66.60
+2029.09%
3.13
Preferred Stock Payments
-3.04
0.00
0.00
Sale Of Business
—
0.00
-100.00%
2.05
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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