Overview
Voyager Q2 collaboration revenue falls sharply yr/yr, driven by Neurocrine agreements
Co extends cash runway into 2028, supporting multiple clinical data read-outs
Voyager adds APOE program to Alzheimer's pipeline, expanding franchise
Outlook
Voyager expects cash runway to extend into 2028
Result Drivers
NEUROCRINE PARTNERSHIP - Collaboration revenue decrease due to lower revenue recognized under Neurocrine collaboration
CASH RUNWAY - Co extended cash runway into 2028 through restructuring and cost savings, enabling focus on clinical data
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Collaboration Revenue
$5.20 mln
Q2 EPS
-$0.57
Q2 Net Income
-$33.38 mln
Q2 Basic EPS
-$0.57
Q2 Operating Income
-$36.62 mln
Q2 Pretax Profit
-$33.37 mln
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 12 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy."
Wall Street's median 12-month price target for Voyager Therapeutics Inc is $15.00, about 77.5% above its August 5 closing price of $3.38
Press Release: ID:nGNXH1gFs
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)