Voya Financial (NYSE: VOYA) is an insurance and investment management company. It focuses on services like retirement planning and asset management for its clients. The company currently has a market capitalization, which is the total value of all its shares, of approximately $7.86 billion.
On June 8, 2026, Raymond James analyst Wilma Burdis set a new price target of $117.00 for Voya Financial. This new target suggests a potential 35% increase from the VOYA stock price of $86.69. This comes as the VOYA stock recently reached a new 52-week high of $87.14.
The company is facing pressure from an activist investor, Toms Capital Investment Management. An activist investor is a firm that buys a large number of a company's shares to gain influence. Toms Capital is urging Voya Financial to consider strategic options, which could include selling the company.
Toms Capital argues that Voya Financial trades at a discount compared to similar companies. As highlighted by Gurufocus, the firm praises Voya Financial's retirement and investment businesses. However, it criticizes the recent acquisition of Benefitfocus, calling it "ill-fated" and a self-inflicted issue for the company.
This activist pressure follows strong financial results from Voya Financial. The company reported a 23% year-over-year increase in net income, reaching $165 million. This positive financial performance, along with the push for a sale, has contributed to recent investor interest and high trading volume.
