
ViaSat (VSAT) Stock Forecast & Price Target
ViaSat (VSAT) Analyst Ratings
Bulls say
Viasat Inc. has demonstrated robust financial growth, evidenced by a sequential increase of 10% in In-Flight Connectivity (IFC) revenue, along with a year-over-year growth of 14%, attributed to higher utilization and an expansion in service offerings. The company's maritime segment also exhibited positive momentum, with a 3% quarter-over-quarter increase driven by a strong product pipeline, including significant orders from over 1,000 vessels that position it competitively against rivals like Starlink. Additionally, Viasat's total backlog reached $3.89 billion, showing a year-over-year increase of 4% and a quarter-over-quarter increase of 9%, while operating cash flow significantly rose to $258 million, reflecting a substantial improvement of $107 million from the previous year.
Bears say
Viasat's financial outlook appears negative primarily due to stagnation in its communication services revenue, which remained flat at $827 million year-over-year and quarter-over-quarter, despite significant competitive pressure from Starlink. The fixed broadband segment in particular is struggling, showing a substantial 13% year-over-year decline, with a notable decrease in total users by 9% quarter-over-quarter, indicating potential market share loss. Additionally, the overall revenue of $1.14 billion fell just short of consensus estimates by 0.8%, further highlighting challenges in achieving growth in an increasingly competitive landscape.
This aggregate rating is based on analysts' research of ViaSat and is not a guaranteed prediction by Public.com or investment advice.
ViaSat (VSAT) Analyst Forecast & Price Prediction
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