VYGR Chart
About

Voyager Therapeutics, Inc., a biotechnology company, focuses on the human genetics for the cure of neurological diseases. The company's lead product candidate is VY7523, an anti-tau antibody program for the treatment of alzheimer's disease (AD). Its product pipeline includes VY1706, a tau silencing gene therapy in preclinical trial for the treatment of alzheimer's disease; SOD1 silencing gene therapy program for treating amyotrophic lateral sclerosis in preclinical trial; and vectorized anti-amyloid antibody early research program for the treatment of AD in preclinical trial. The company is also developing VY-FXN01 for treating friedreich's ataxia; and GBA1 gene replacement program to treat parkinson's disease. In addition, it provides research program for the treatment of Huntington's disease. The company has collaboration and license agreements with Alexion; AstraZeneca Ireland Limited; Novartis Pharma AG; and Neurocrine Biosciences, Inc. for the treatment of various other diseases of the central nervous system. Voyager Therapeutics, Inc. was incorporated in 2013 and is headquartered in Lexington, Massachusetts.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 211.84M
Enterprise Value 39.61M Income -126.78M Sales 31.32M
Book/sh 3.96 Cash/sh 3.76 Dividend Yield —
Payout 0.00% Employees 172 IPO —
P/E — Forward P/E -2.44 PEG —
P/S 6.76 P/B 0.96 P/C —
EV/EBITDA -0.29 EV/Sales 1.26 Quick Ratio 6.00
Current Ratio 6.19 Debt/Eq 17.45 LT Debt/Eq —
EPS (ttm) -2.17 EPS next Y -1.56 EPS Growth —
Revenue Growth -45.70% Earnings 2026-03-16 ROA -24.54%
ROE -46.09% ROIC — Gross Margin 0.00%
Oper. Margin -228.91% Profit Margin 0.00% Shs Outstand 55.60M
Shs Float 43.38M Short Float 7.32% Short Ratio 5.30
Short Interest — 52W High 5.55 52W Low 2.65
Beta 1.33 Avg Volume 540.66K Volume 12.72K
Target Price $15.00 Recom Strong_buy Prev Close $3.78
Price $3.81 Change 0.79%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$15.00
Mean price target
2. Current target
$3.81
Latest analyst target
3. DCF / Fair value
$-20.36
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$3.81
Low
$8.00
High
$25.00
Mean
$15.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-12 main HC Wainwright & Co. Buy → Buy $25
2025-09-15 reit HC Wainwright & Co. Buy → Buy $30
2025-08-07 main Wedbush Outperform → Outperform $8
2025-04-08 reit HC Wainwright & Co. Buy → Buy $30
2025-03-13 main Canaccord Genuity Buy → Buy $12
2025-03-13 reit HC Wainwright & Co. Buy → Buy $30
2025-03-12 main Wells Fargo Overweight → Overweight $10
2025-03-12 reit Wedbush Outperform → Outperform —
2025-03-12 reit Cantor Fitzgerald Overweight → Overweight —
2025-03-03 reit HC Wainwright & Co. Buy → Buy $30
2025-01-27 reit HC Wainwright & Co. Buy → Buy $30
2025-01-10 init Cantor Fitzgerald — → Overweight $6
2024-12-02 init Citigroup — → Buy $12
2024-11-14 main Canaccord Genuity Buy → Buy $14
2024-11-14 reit HC Wainwright & Co. Buy → Buy $30
2024-10-24 reit HC Wainwright & Co. Buy → Buy $30
2024-10-16 init Leerink Partners — → Outperform $15
2024-08-20 reit HC Wainwright & Co. Buy → Buy $30
2024-08-07 main Wedbush Neutral → Neutral $7
2024-07-31 reit HC Wainwright & Co. Buy → Buy $30
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 11732 40006 — Sale at price 3.41 per share. SANDROCK ALFRED Chief Executive Officer — 2026-02-18 00:00:00 D
1 3882 13354 — Sale at price 3.44 per share. SWARTZ ROBIN Chief Operating Officer — 2026-02-18 00:00:00 D
2 3301 11355 — Sale at price 3.44 per share. CARTER TODD ALFRED Officer — 2026-02-18 00:00:00 D
3 12192 46086 — Sale at price 3.78 per share. SANDROCK ALFRED Chief Executive Officer — 2026-02-10 00:00:00 D
4 4569 17591 — Sale at price 3.85 per share. SWARTZ ROBIN Chief Operating Officer — 2026-02-10 00:00:00 D
5 3525 13571 — Sale at price 3.85 per share. CARTER TODD ALFRED Officer — 2026-02-10 00:00:00 D
6 86250 — — Stock Award(Grant) at price 0.00 per share. SANDROCK ALFRED Chief Executive Officer — 2026-02-06 00:00:00 D
7 32250 — — Stock Award(Grant) at price 0.00 per share. JORGENSEN NATHAN D. Chief Financial Officer — 2026-02-06 00:00:00 D
8 45000 — — Stock Award(Grant) at price 0.00 per share. SWARTZ ROBIN Chairman of the Board — 2026-02-06 00:00:00 D
9 33000 — — Stock Award(Grant) at price 0.00 per share. CARTER TODD ALFRED Officer — 2026-02-06 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.010.000.00
NormalizedEBITDA-78.56M126.45M-44.65M-68.45M
NetIncomeFromContinuingOperationNetMinorityInterest-65.00M132.33M-46.41M-71.20M
ReconciledDepreciation4.73M4.44M6.19M5.17M
EBITDA-78.56M126.45M-44.65M-68.45M
EBIT-83.29M122.01M-50.84M-73.62M
NetInterestIncome18.33M11.72M1.79M-390.00K
NormalizedIncome-65.00M132.33M-46.41M-71.20M
NetIncomeFromContinuingAndDiscontinuedOperation-65.00M132.33M-46.41M-71.20M
TotalExpenses163.29M127.99M91.74M111.03M
TotalOperatingIncomeAsReported-83.29M122.01M-50.84M-73.62M
DilutedAverageShares57.67M44.57M38.36M37.67M
BasicAverageShares57.67M43.02M38.36M37.67M
DilutedEPS-1.132.97-1.21-1.89
BasicEPS-1.133.08-1.21-1.89
DilutedNIAvailtoComStockholders-65.00M132.33M-46.41M-71.20M
NetIncomeCommonStockholders-65.00M132.33M-46.41M-71.20M
NetIncome-65.00M132.33M-46.41M-71.20M
NetIncomeIncludingNoncontrollingInterests-65.00M132.33M-46.41M-71.20M
NetIncomeContinuousOperations-65.00M132.33M-46.41M-71.20M
TaxProvision665.00K1.41M16.00K0.00
PretaxIncome-64.34M133.74M-46.39M-71.20M
OtherIncomeExpense622.00K3.00K2.65M2.81M
OtherNonOperatingIncomeExpenses622.00K3.00K2.65M2.81M
NetNonOperatingInterestIncomeExpense18.33M11.72M1.79M-390.00K
TotalOtherFinanceCost-18.33M-11.72M-1.79M390.00K
OperatingIncome-83.29M122.01M-50.84M-73.62M
OperatingExpense163.29M127.99M91.74M111.03M
ResearchAndDevelopment127.37M92.17M60.76M73.79M
SellingGeneralAndAdministration35.92M35.82M30.98M37.25M
GeneralAndAdministrativeExpense35.92M35.82M30.98M37.25M
OtherGandA35.92M35.82M30.98M37.25M
TotalRevenue80.00M250.01M40.91M37.41M
OperatingRevenue80.00M250.01M40.91M37.41M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber54.73M44.04M38.61M37.92M
ShareIssued54.73M44.04M38.61M37.92M
TotalDebt43.73M20.29M23.13M44.18M
TangibleBookValue299.76M236.32M59.02M95.06M
InvestedCapital299.76M236.32M59.02M95.06M
WorkingCapital227.02M255.18M51.91M85.72M
NetTangibleAssets299.76M236.32M59.02M95.06M
CapitalLeaseObligations43.73M20.29M23.13M44.18M
CommonStockEquity299.76M236.32M59.02M95.06M
TotalCapitalization299.76M236.32M59.02M95.06M
TotalEquityGrossMinorityInterest299.76M236.32M59.02M95.06M
StockholdersEquity299.76M236.32M59.02M95.06M
GainsLossesNotAffectingRetainedEarnings-407.00K-48.00K-219.00K-138.00K
OtherEquityAdjustments-407.00K-48.00K-219.00K-138.00K
RetainedEarnings-326.18M-261.18M-393.51M-347.10M
AdditionalPaidInCapital626.30M497.51M452.71M442.26M
CapitalStock55.00K44.00K38.00K38.00K
CommonStock55.00K44.00K38.00K38.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest93.29M114.96M100.34M98.80M
TotalNonCurrentLiabilitiesNetMinorityInterest43.50M50.45M27.75M47.82M
OtherNonCurrentLiabilities1.00M1.00M1.00M1.00M
NonCurrentDeferredLiabilities6.00M32.36M6.45M8.21M
NonCurrentDeferredRevenue6.00M32.36M6.45M8.21M
LongTermDebtAndCapitalLeaseObligation36.50M17.09M20.29M38.61M
LongTermCapitalLeaseObligation36.50M17.09M20.29M38.61M
CurrentLiabilities49.79M64.51M72.59M50.98M
CurrentDeferredLiabilities24.39M42.88M59.38M33.89M
CurrentDeferredRevenue24.39M42.88M59.38M33.89M
CurrentDebtAndCapitalLeaseObligation7.23M3.20M2.83M5.57M
CurrentCapitalLeaseObligation7.23M3.20M2.83M5.57M
PensionandOtherPostRetirementBenefitPlansCurrent6.75M6.61M4.56M5.02M
PayablesAndAccruedExpenses11.41M11.81M5.82M6.50M
CurrentAccruedExpenses7.42M10.21M3.26M5.93M
Payables4.00M1.60M2.57M574.00K
AccountsPayable4.00M1.60M2.57M574.00K
TotalAssets393.05M351.28M159.36M193.85M
TotalNonCurrentAssets116.24M31.60M34.86M57.16M
OtherNonCurrentAssets2.87M1.59M1.51M1.78M
NonCurrentPrepaidAssets1.78M
InvestmentsAndAdvances65.70M0.00
InvestmentinFinancialAssets65.70M0.00
AvailableForSaleSecurities65.70M
NetPPE47.66M30.00M33.34M55.38M
AccumulatedDepreciation-15.96M-15.04M-17.21M-15.91M
GrossPPE63.62M45.04M50.55M71.29M
Leases6.49M7.11M12.55M15.70M
ConstructionInProgress0.00
OtherProperties54.80M35.31M35.66M53.07M
MachineryFurnitureEquipment2.33M2.62M2.33M2.52M
Properties0.000.000.000.00
CurrentAssets276.81M319.68M124.50M136.70M
OtherCurrentAssets2.87M2.63M4.23M1.70M
HedgingAssetsCurrent0.00
PrepaidAssets2.76M1.73M779.00K1.71M
Receivables4.49M84.45M639.00K748.00K
DuefromRelatedPartiesCurrent676.00K3.34M257.00K732.00K
AccruedInterestReceivable2.31M964.00K382.00K16.00K
AccountsReceivable1.50M80.15M0.00732.00K
CashCashEquivalentsAndShortTermInvestments266.68M230.88M118.85M132.54M
OtherShortTermInvestments195.32M162.07M19.89M15.11M
CashAndCashEquivalents71.37M68.80M98.96M117.43M
CashEquivalents59.66M65.59M91.72M
CashFinancial11.71M3.21M7.24M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-18.83M74.66M-15.00M-55.13M
IssuanceOfCapitalStock112.78M31.12M0.000.00
CapitalExpenditure-3.52M-3.26M-2.49M-1.61M
EndCashPosition74.24M70.39M100.47M119.21M
BeginningCashPosition70.39M100.47M119.21M106.22M
ChangesInCash3.85M-30.08M-18.74M12.99M
FinancingCashFlow114.02M33.65M1.11M612.00K
CashFlowFromContinuingFinancingActivities114.02M33.65M1.11M612.00K
ProceedsFromStockOptionExercised1.24M2.52M1.11M612.00K
NetCommonStockIssuance112.78M31.12M0.000.00
CommonStockIssuance112.78M31.12M0.000.00
InvestingCashFlow-94.86M-141.64M-7.34M65.91M
CashFlowFromContinuingInvestingActivities-94.86M-141.64M-7.34M65.91M
NetInvestmentPurchaseAndSale-91.34M-138.39M-4.85M67.52M
SaleOfInvestment374.35M85.58M50.00M82.63M
PurchaseOfInvestment-465.69M-223.97M-54.85M-15.12M
NetPPEPurchaseAndSale-3.52M-3.26M-2.49M-1.61M
SaleOfPPE0.00
PurchaseOfPPE-3.52M-3.26M-2.49M-1.61M
OperatingCashFlow-15.31M77.92M-12.51M-53.52M
CashFlowFromContinuingOperatingActivities-15.31M77.92M-12.51M-53.52M
ChangeInWorkingCapital34.86M-66.56M20.47M3.29M
ChangeInOtherWorkingCapital-44.84M9.41M23.73M-1.72M
ChangeInOtherCurrentLiabilities-3.32M-2.83M-3.92M-3.43M
ChangeInOtherCurrentAssets4.60M1.98M3.31M2.67M
ChangeInPayablesAndAccruedExpense-260.00K8.04M-1.16M-3.40M
ChangeInAccruedExpense-2.65M9.01M-3.15M-3.33M
ChangeInPayable2.39M-962.00K1.99M-60.00K
ChangeInAccountPayable2.39M-962.00K1.99M-60.00K
ChangeInPrepaidAssets-2.63M76.00K-1.97M1.88M
ChangeInReceivables81.31M-83.23M475.00K7.28M
ChangesInAccountReceivables78.65M-80.15M0.000.00
OtherNonCashItems-2.47M-2.46M
StockBasedCompensation14.79M11.15M9.34M11.32M
AssetImpairmentCharge2.78M0.000.00
AmortizationOfSecurities-7.97M-3.63M-16.00K349.00K
DepreciationAmortizationDepletion4.73M4.44M6.19M5.17M
DepreciationAndAmortization4.73M4.44M6.19M5.17M
Depreciation4.73M4.44M6.19M5.17M
OperatingGainsLosses510.00K178.00K377.00K
GainLossOnSaleOfPPE510.00K178.00K377.00K0.00
NetIncomeFromContinuingOperations-65.00M132.33M-46.41M-71.20M
SEC Filings

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

Public Trades for VYGR
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