Voyager Therapeutics, Inc. logo VYGR - Voyager Therapeutics, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 17
HOLD 4
SELL 0
STRONG
SELL
0
| PRICE TARGET: $14.40 DETAILS
HIGH: $18.00
LOW: $8.00
MEDIAN: $18.00
CONSENSUS: $14.40
UPSIDE: 278.95%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 40% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong
Trading 89.5% below fair value
Current Price $3.80
Bear Case $30.92 713.6% upside ($30.92 - $3.80) / $3.80 = 713.6% $2.97 × 12x P/E
Fair Value $36.07 849.1% upside ($36.07 - $3.80) / $3.80 = 849.1% $2.97 × 15x P/E
Bull Case $41.22 984.9% upside ($41.22 - $3.80) / $3.80 = 984.9% $2.97 × 17x P/E

Adjust Assumptions

14.6x
2.97$

Key Value Driver

Normalized P/E multiple (15x base case)

Implied Market Multiple 1.3x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $14.40 from 21 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $36.07 per share.

Warnings

Wall Street's average price target is $14.40 (from 21 analysts). Our estimate is 201% above the consensus -- consider that gap carefully.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples