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/Mis Actual Consensu
s s
Estimate
Q2 $5.20
Collabor mln
ation
Revenue
Q2 EPS -$0.57
Q2 Net -$33.38
Income mln
Q2 Basic -$0.57
EPS
Q2 -$36.62
Operatin mln
g Income
Q2 -$33.37
Pretax mln
Profit
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 ( VYGR ) is $15.00, about 77.5% above its August 5 closing price of $3.38
Press Release:
(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.)