
ViaSat (VSAT) Stock Forecast & Price Target
ViaSat (VSAT) Analyst Ratings
Bulls say
Viasat Inc. has demonstrated significant financial growth, with In-Flight Connectivity (IFC) revenue increasing by 10% quarter-over-quarter and 14% year-over-year, primarily driven by the popularity of its "fast and free" service and high in-air utilization rates. Additionally, the company's maritime segment showcased a 3% quarter-over-quarter growth, fueled by a promising product pipeline, including the NexusWave, which has secured orders from over 1,000 vessels. Furthermore, Viasat reported an operating cash flow of $258 million, reflecting a substantial $107 million increase compared to the previous year, alongside a total backlog growth of 4% year-over-year, which stands at $3.89 billion, indicating a strong and growing demand for its services.
Bears say
Viasat Inc. has reported communication services revenue of $827 million, remaining flat year-over-year and quarter-over-quarter, indicating vulnerabilities in this key segment amid increasing competitive pressures from Starlink in both fixed broadband and maritime markets. The company's performance reveals a significant 13% year-over-year decline in fixed broadband revenue, coupled with a 9% quarter-over-quarter reduction in fixed broadband users, highlighting ongoing challenges in attracting and retaining subscribers. Additionally, total revenue of $1.14 billion fell short of consensus estimates by 0.8%, reflecting broader concerns regarding growth prospects in Viasat's primary revenue-generating segment.
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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