Analyst Ratings January 23, 2026

Wedbush Initiates Coverage of Voyager Technologies with Strong Buy Recommendation

Voyager positions itself as a leader in defense and space innovation amid solid market momentum

By Derek Hwang VOYG
Wedbush Initiates Coverage of Voyager Technologies with Strong Buy Recommendation
VOYG

Wedbush has launched its coverage on Voyager Technologies Inc, assigning an Outperform rating paired with a $46 price target, signaling an estimated 33% growth potential. Despite a six-month price decline, the stock has demonstrated impressive year-to-date gains supported by strategic acquisitions and a robust project pipeline in defense and space sectors.

Key Points

  • Wedbush has initiated coverage of Voyager Technologies with an Outperform rating and a $46 price target, signaling a 33% potential upside.
  • Voyager Technologies operates at the crossroads of defense, national security, and commercial space innovations, driven by a strong acquisition strategy and a $3.6 billion opportunity pipeline.
  • The company secured advanced contracts including a NASA renewal and a partnership with Space LiinTech focusing on microgravity research, highlighting its expansion in space-based technologies and educational initiatives.

Wedbush has commenced coverage of Voyager Technologies Inc (NYSE:VOYG) with an Outperform rating and has set a price objective at $46.00. This target corresponds to a projected increase of 33% over the current share price of $34.58. Trading data from InvestingPro reveals that, although VOYG shares have declined by 19.26% over the last six months, the stock achieved a strong 32.29% return so far this year.

The analyst note highlights Voyager Technologies' distinctive position across three transformative market segments: defense and national security, space solutions, and space stations. Founded in 2019 by Dylan Taylor and Matthew Kuta, the company aims to support the United States Government’s heightened emphasis on national security and defense, particularly amidst intensifying geopolitical challenges. Voyager advances critical technologies such as intelligent missile systems, surveillance applications, and AI-driven space edge computing.

To date, Voyager has completed 13 acquisitions, with plans in place to pursue at least three acquisitions annually. This approach is designed to integrate specialized technologies and foster sustained value creation over the long term.

Wedbush underscored Voyager’s vast pipeline, featuring $3.6 billion in qualified opportunities, along with its reputation as a forward-looking space and defense enterprise. The company maintains notable capabilities and forms strategic alliances within the commercial space arena. However, InvestingPro’s analysis notes that Voyager Technologies has yet to achieve profitability, with expectations indicating no profit realization in the current fiscal year. VOYG is scheduled to release its next earnings report on February 25.

Recent company announcements include a contract awarded by Space LiinTech for the deployment of a research payload to the International Space Station. This effort centers on microgravity drug discovery and encompasses mission integration and payload configuration services, potentially advancing pharmaceutical formulations. Voyager also secured a patent for a method of creating crystal materials in microgravity conditions, which enhances optical communication components essential for data centers and emerging space technologies.

In addition, Voyager renewed its NASA contract under the Create Hardware (HUNCH) program, reinforcing its commitment to supporting student-led hardware engineering that directly contributes to NASA’s operations. This continuation reflects the company's ongoing dedication to bridging educational innovation with practical aerospace applications.

Meanwhile, interest in the commercial space station sector is underscored by investments such as Seven Grand Managers, LLC’s stake in Starlab Space LLC, which aims to succeed the International Space Station.

Risks

  • Voyager Technologies is currently unprofitable, with no profitability forecasted for the current year, representing financial risk for investors.
  • The competitive nature of defense and commercial space sectors may pose challenges to Voyager’s ability to maintain and expand its technological edge and strategic alliances.
  • Market volatility reflected in the recent 19.26% stock price decline over six months indicates susceptibility to external factors affecting investor sentiment in aerospace and defense stocks.

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