5 Best Performing Defense Stocks So Far in 2026

3. Voyager Technologies, Inc. (NYSE:VOYG)

YTD Return: 71%

Number of Hedge Fund Holders: 35

Voyager Technologies, Inc. (NYSE:VOYG) is among the 10 Best Performing Defense Stocks So Far in 2026. On May 18, Citigroup lifted its price target on the stock to $44 from $36 and reiterated a Buy rating. The adjustment came after the firm revised its models for stocks in the aerospace and defense sector.

According to a report on TipRanks, Citigroup said that it does not anticipate an ‘immediate V-shaped rally’ without an end to the Iran war, while adding that the recent selloffs present buying opportunities for investors. The bank sees aerospace recovering first and defense later on.

As of the close of business on May 22, Voyager Technologies, Inc. (NYSE:VOYG) is a Moderate Buy based on the recommendations of 8 analysts. The stock has a one-year average share price target of $38.63, representing a downside of 13%.

The company’s shares have surged 70% since the announcement of first-quarter 2026 results on May 4, with backlog increasing 54% year-over-year to reach a record $275.3 million, and the management lifting its revenue guidance for the full year.

Investors have also responded positively to news this month about the company collaborating with Exobiosphere to launch the first automated drug screening mission in space. The stock is up 71% year-to-date, as of the close on May 22.

Voyager Technologies Inc. (NYSE:VOYG) is a defense technology and space solutions company that is committed to advancing and delivering transformative, mission-critical solutions.