Barclays Reiterates Hold Rating on Voyager Technologies, Keeps PT at $45

Voyager Technologies Inc. (NASDAQ:VOYG) is one of the 14 Best Small Cap Stocks to Buy Right Now. On September 2, Barclays reiterated the Hold rating on Voyager Technologies Inc. (NASDAQ:VOYG), keeping the price target at $45.

David E. Strauss from Barclays reaffirmed the rating on VOYG as the analyst sees the company’s strong positioning in missile and missile defense programs. Strauss believes that this will drive rapid growth and improved profitability for Voyager Technologies. The analyst cited that the company’s large pipeline of opportunities in the defense sector makes it a compelling investment among small cap defense and space industry players.

Voyager Technologies is also investing in a leading AI software company, Latent AI. On August 18, the company announced that it is investing in Latent AI, which will help Voyager accelerate development of its AI. The AI firm will assist Voyager to broaden its hardware reach and put AI-ready processors in Voyager-built craft.

“We’re making the leap from merely collecting data at the edge to understanding it instantly, putting mission intelligence where the mission happens in real time,” said Dylan Taylor, CEO, Voyager Technologies.

Barclays continues to see potential upside in VOYG, considering these growth prospects and investment opportunities. As of September 5, Voyager Technologies Inc.’s (NASDAQ:VOYG) average price target of $50, based on analysts’ estimates, implies an upside of nearly 69.95% from current levels.

Voyager Technologies Inc. (NASDAQ:VOYG) is a defense technology and space solutions company. It operates through three segments, including Defense & National Security, Space Solutions, and Starlab Space Stations.

While we acknowledge the potential of VOYG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.