Voyager Technologies Inc (VOYG) Releases Q1 2026 Earnings: Revenue Decline, Wider Loss and Increased Cash Burn

Voyager Technologies Inc (VOYG) reported first-quarter 2026 results. Revenue totaled $35.2 million, down 22.8% year-over-year and below the consensus estimate of $36.1 million. Gross profit swung to a loss of -$1.5 million, while cost of sales was $36.8 million.

Operating loss of -$44.6 million, a 85.0% year-over-year increase.

Net loss attributable to common shareholders of -$44.0 million, up 20.0% year-over-year.

Diluted loss per share of -$0.75, versus an estimate of -$0.59 per share.

Balance sheet and cash flow highlights:

Cash and cash equivalents of $429.4 million, down 8.4% year-over-year.

Net cash used in operating activities of -$39.7 million, up 176.7% year-over-year.

Purchases of property, plant and equipment of -$51.1 million, up 89.5% year-over-year.

Total liabilities rose to $619.2 million, an increase of 504.0% year-over-year.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Voyager Technologies Inc Hedge Fund Activity

We have seen 128 institutional investors add shares of Voyager Technologies Inc stock to their portfolio, and 54 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ALYESKA INVESTMENT GROUP, L.P. added 1,600,540 shares (+88.1%) to their portfolio in Q4 2025, for an estimated $41,838,115
SENVEST MANAGEMENT, LLC added 884,962 shares (+29.3%) to their portfolio in Q4 2025, for an estimated $23,132,906
FRONTIER CAPITAL MANAGEMENT CO LLC added 737,868 shares (+inf%) to their portfolio in Q4 2025, for an estimated $19,287,869
CITADEL ADVISORS LLC added 572,405 shares (+inf%) to their portfolio in Q4 2025, for an estimated $14,962,666
JPMORGAN CHASE & CO added 509,747 shares (+3809.8%) to their portfolio in Q4 2025, for an estimated $13,324,786
CAPITAL INTERNATIONAL INVESTORS added 498,963 shares (+93.4%) to their portfolio in Q4 2025, for an estimated $13,042,892
MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 496,286 shares (+7777.6%) to their portfolio in Q4 2025, for an estimated $12,972,916

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

Voyager Technologies Inc Analyst Ratings

Wall Street analysts have issued reports on $VOYG in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 11/24/2025

To track analyst ratings and price targets for Voyager Technologies Inc, check out Quiver Quantitative's $VOYG forecast page.

Voyager Technologies Inc Price Targets

Multiple analysts have issued price targets for $VOYG recently. We have seen 6 analysts offer price targets for $VOYG in the last 6 months, with a median target of $37.5.

Here are some recent targets:

Dan Ives from Wedbush set a target price of $46.0 on 04/17/2026
Seth Seifman from JP Morgan set a target price of $39.0 on 04/13/2026
David Strauss from Wells Fargo set a target price of $21.0 on 04/01/2026
John Godyn from Citigroup set a target price of $36.0 on 03/30/2026
Kristine Liwag from Morgan Stanley set a target price of $25.0 on 11/24/2025
Michael Leshock from Keybanc set a target price of $45.0 on 11/06/2025