Voyager Technologies: Sell The 139% Post-IPO Rally In This Space Company

(10min)

Summary

  • Voyager Technologies, Inc. surged post-IPO, but its current valuation appears stretched given widening losses and significant cash burn despite strong revenue growth.
  • The company’s ambitious space and defense projects, including Starlab, offer long-term potential but face funding risks and high capital expenditures.
  • Valuation analysis suggests the stock is trading above fair value compared to peers like Rocket Lab, with the potential for a post-IPO price decline.
  • Given these risks, I recommend selling VOYG stock now to lock in profits and consider re-entering at lower prices with a better risk-reward profile.
  • Looking for more investing ideas like this one? Get them exclusively at The Aerospace Forum. Learn More »

The space station completes its orbit against the Earth"s backdrop

Ignatiev/E+ via Getty Images

Voyager Technologies, Inc. (NYSE:VOYG), a commercial space and defense company, soared 139% in its IPO debut, raising $383 million. In this report, I discuss the company’s activities and valuation, explaining why I believe the stock is a Sell at this

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This article was written by

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Dhierin-Perkash Bechai is an aerospace, defense and airline analyst.

Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors. Learn more.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of LMT, EADSF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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