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Voyager Therapeutics, Inc. (VYGR) Fundamental Analysis & AI Grade 2026

VYGR Nasdaq Biological Products, (No Diagnostic Substances) DE CIK: 0001640266
Update Pending • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
85% Confidence
N/A
D
85% Conf
Pending
Analysis scheduled

📊 VYGR Key Takeaways

Revenue: $2.6M
Net Margin: -1,077.4%
Free Cash Flow: $-33.4M
Current Ratio: 8.42x
Debt/Equity: 0.00x
EPS: $-0.47
AI Grade: D with 85% confidence
Voyager Therapeutics, Inc. (VYGR) receives a D fundamental grade with 85% confidence from our AI analysis based on SEC 10-K filings. With revenue of $2.6M, net profit margin of -1,077.4%, and return on equity (ROE) of -16.1%, Voyager Therapeutics, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete VYGR stock analysis for 2026.

Is Voyager Therapeutics, Inc. (VYGR) a Good Investment?

Claude

Voyager Therapeutics is a pre-commercial biotech company in severe financial distress with collapsing revenues (-49.5% YoY), massive operating losses (-$30.3M), and a burn rate of $33.4M annually that will exhaust the $43.3M cash position within approximately 15 months without revenue growth or capital raises. The fundamentals show deteriorating business momentum with no pathway to profitability visible in current financial trajectory.

Voyager Therapeutics, Inc. Key Strengths (VYGR)

Claude
  • + Strong balance sheet with $173.7M stockholders' equity and minimal debt
  • + Excellent liquidity position with 8.42x current ratio providing short-term financial stability
  • + Asset-light operations with minimal capex ($14K) reducing capital requirements

VYGR Stock Risks: Voyager Therapeutics, Inc. Investment Risks

Claude
  • ! Severe revenue collapse of 49.5% YoY indicating failed commercialization or lost partnerships
  • ! Unsustainable cash burn of $33.4M annually with only ~15 months of runway at current rate
  • ! Massive operating losses (-$1,167% margin) with no profitability pathway or positive unit economics demonstrated
  • ! High dilution risk requiring additional capital raises to continue operations
  • ! Biotech execution risk with uncertain pipeline outcomes and no visible revenue recovery trajectory

Key Metrics to Watch

Claude
  • * Cash balance and monthly burn rate (critical survival metric with <18 month runway)
  • * Revenue trend stabilization and growth (currently in free fall)
  • * Operating cash flow management and path to cash flow breakeven
  • * Clinical pipeline advancement and partnership announcements (potential capital sources)

Voyager Therapeutics, Inc. (VYGR) Financial Metrics & Key Ratios

Revenue
$2.6M
Net Income
$-27.9M
EPS (Diluted)
$-0.47
Free Cash Flow
$-33.4M
Total Assets
$219.3M
Cash Position
$43.3M

💡 AI Analyst Insight

Strong liquidity with a 8.42x current ratio provides a solid financial cushion.

VYGR Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -1,167.4%
Net Margin -1,077.4%
ROE -16.1%
ROA -12.7%
FCF Margin -1,289.4%

VYGR vs Healthcare Sector: How Voyager Therapeutics, Inc. Compares

How Voyager Therapeutics, Inc. compares to Healthcare sector averages

Net Margin
VYGR -1,077.4%
vs
Sector Avg 12.0%
VYGR Sector
ROE
VYGR -16.1%
vs
Sector Avg 15.0%
VYGR Sector
Current Ratio
VYGR 8.4x
vs
Sector Avg 2.0x
VYGR Sector
Debt/Equity
VYGR 0.0x
vs
Sector Avg 0.6x
VYGR Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Voyager Therapeutics, Inc. Stock Overvalued? VYGR Valuation Analysis 2026

Based on fundamental analysis, Voyager Therapeutics, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
-16.1%
Sector avg: 15%
Net Profit Margin
-1,077.4%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Voyager Therapeutics, Inc. Balance Sheet: VYGR Debt, Cash & Liquidity

Current Ratio
8.42x
Quick Ratio
8.42x
Debt/Equity
0.00x
Debt/Assets
20.8%
Interest Coverage
N/A
Long-term Debt
N/A

VYGR Revenue & Earnings Growth: 5-Year Financial Trend

VYGR 5-year financial data: Year 2021: Revenue $171.1M, Net Income -$43.6M, EPS $-1.21. Year 2022: Revenue $171.1M, Net Income $36.7M, EPS $0.98. Year 2023: Revenue $250.0M, Net Income -$71.2M, EPS $-1.89. Year 2024: Revenue $250.0M, Net Income -$46.4M, EPS $-1.21. Year 2025: Revenue $250.0M, Net Income $132.3M, EPS $2.97.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Voyager Therapeutics, Inc.'s revenue has grown significantly by 46% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.97 reflects profitable operations.

VYGR Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-1,289.4%
Free cash flow / Revenue

VYGR Quarterly Earnings & Performance

Quarterly financial performance data for Voyager Therapeutics, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $2.6M -$27.9M $-0.47
Q3 2025 $13.4M -$9.0M $-0.16
Q2 2025 $5.2M -$10.1M $-0.18
Q1 2025 $6.5M -$11.3M $-0.20
Q3 2024 $4.6M -$9.0M $-0.16
Q2 2024 $4.9M -$10.1M $-0.18
Q1 2024 $19.5M -$11.3M $-0.20
Q3 2023 $4.6M $17.6M $0.45

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Voyager Therapeutics, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$33.4M
Cash generated from operations
Capital Expenditures
$14.0K
Investment in assets
Dividends
None
No dividend program

VYGR SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Voyager Therapeutics, Inc. (CIK: 0001640266)

📋 Recent SEC Filings

Date Form Document Action
Jun 1, 2026 8-K tm2616041d1_8k.htm View →
May 7, 2026 8-K vygr-20260507x8k.htm View →
May 7, 2026 10-Q vygr-20260331x10q.htm View →
Apr 28, 2026 DEF 14A tm2611464-4_def14a.htm View →
Apr 21, 2026 8-K tm2612325d1_8k.htm View →

Frequently Asked Questions about VYGR

What is the AI rating for VYGR?

Voyager Therapeutics, Inc. (VYGR) has an AI grade of D with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are VYGR's key strengths?

Claude: Strong balance sheet with $173.7M stockholders' equity and minimal debt. Excellent liquidity position with 8.42x current ratio providing short-term financial stability.

What are the risks of investing in VYGR?

Claude: Severe revenue collapse of 49.5% YoY indicating failed commercialization or lost partnerships. Unsustainable cash burn of $33.4M annually with only ~15 months of runway at current rate.

What is VYGR's revenue and growth?

Voyager Therapeutics, Inc. reported revenue of $2.6M.

Does VYGR pay dividends?

Voyager Therapeutics, Inc. does not currently pay dividends.

Where can I find VYGR SEC filings?

Official SEC filings for Voyager Therapeutics, Inc. (CIK: 0001640266) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is VYGR's EPS?

Voyager Therapeutics, Inc. has a diluted EPS of $-0.47.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is VYGR's fundamental grade?

Based on our AI fundamental analysis in June 2026, Voyager Therapeutics, Inc. has a D grade with 85% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is VYGR stock overvalued or undervalued?

Valuation metrics for VYGR: ROE of -16.1% (sector avg: 15%), net margin of -1,077.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is VYGR's AI grade for 2026?

Our dual AI analysis gives Voyager Therapeutics, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is VYGR's free cash flow?

Voyager Therapeutics, Inc.'s operating cash flow is $-33.4M, with capital expenditures of $14.0K. FCF margin is -1,289.4%.

How does VYGR compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -1,077.4% (avg: 12%), ROE -16.1% (avg: 15%), current ratio 8.42 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI