Aviat Networks (AVNW) Stock Overview
Provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
AVNW Community Fair Values
Create NarrativeSee what 32 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
Aviat Networks
77.7% undervalued intrinsic discount
AVNW Market Outlook
View narrativeNA
Published 4 Jan 2025
Aviat Networks, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$20.46 |
| 52 Week High | US$27.02 |
| 52 Week Low | US$13.92 |
| Beta | 0.70 |
| 1 Month Change | -1.11% |
| 3 Month Change | 2.10% |
| 1 Year Change | -13.89% |
| 3 Year Change | -36.81% |
| 5 Year Change | -39.40% |
| Change since IPO | -82.95% |
Recent News & Updates
Recent updates
Seeking Alpha • Jul 26
Aviat Networks: Sidelined By The Fiber Optical Transport Demand
Summary Aviat Networks is rated Hold due to stagnating revenue growth, margin compression, and rising debt, despite sector tailwinds. AVNW trades at a 44% discount to peers on forward earnings, but slow growth and lack of pricing power justify the valuation. Competitive pressures from larger players and a market shift toward optical transport limit AVNW’s addressable market and growth prospects. Recent EBIT improvement stems from R&D cuts, but ongoing debt servicing and weak top-line trends temper optimism for near-term upside. Read the full article on Seeking Alpha
Narrative Update • Jun 22
AVNW: Short Report Scrutiny Will Test Confidence In Long-Term Upside
The analyst price target for Aviat Networks has been revised from $30 to $25 as analysts factor in updated assumptions for revenue growth, profit margins, discount rates, and future P/E expectations. Analyst Commentary Recent Street research around Aviat Networks points to a more cautious tone, with several bearish analysts lowering price targets and reassessing their expectations for the stock.
Narrative Update • Jun 05
AVNW: Short Report Dislocation Will Be Resolved By Fiscal 2026 Execution Confidence
Aviat Networks' analyst price target has been trimmed by about $1, as analysts factor in more moderate assumptions for revenue growth and profit margins, along with a higher expected future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts highlight prior support for Aviat Networks even after a short report, pointing to confidence in the business model and the stock's longer term potential despite near term volatility.Narrative Update • May 07
AVNW: Short Report Dislocation Will Be Resolved By Fiscal 2026 Execution
Narrative Update Aviat Networks' analyst price target has been reduced by about $4 to reflect updated views on risk, profitability, growth assumptions, and a lower future P/E multiple, as analysts factor in recent target cuts and rating changes alongside prior supportive commentary following the short report. Analyst Commentary Recent research shows analysts reassessing Aviat Networks with a mix of support and caution.Analysis Article • Oct 18
Is Aviat Networks (NASDAQ:AVNW) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Analysis Article • Sep 12
There Is A Reason Aviat Networks, Inc.'s (NASDAQ:AVNW) Price Is Undemanding
You may think that with a price-to-sales (or "P/S") ratio of 0.8x Aviat Networks, Inc. ( NASDAQ:AVNW ) is a stock worth...Analysis Article • Aug 02
Aviat Networks, Inc. (NASDAQ:AVNW) Shares Could Be 47% Below Their Intrinsic Value Estimate
Key Insights Aviat Networks' estimated fair value is US$39.73 based on 2 Stage Free Cash Flow to Equity Current share...Analysis Article • Apr 09
We Think Aviat Networks (NASDAQ:AVNW) Is Taking Some Risk With Its Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Feb 06
Aviat Networks, Inc. (NASDAQ:AVNW) Surges 36% Yet Its Low P/S Is No Reason For Excitement
Aviat Networks, Inc. ( NASDAQ:AVNW ) shares have continued their recent momentum with a 36% gain in the last month...Seeking Alpha • Feb 05
Aviat Networks: Strong Buy On Blowout Quarter And Discounted Valuation (Rating Upgrade)
Summary Leading wireless transport and access solutions provider Aviat Networks reported outstanding Q2/FY2025 results with both the company's top- and bottom-line coming in well above consensus expectations. Following a weak start to FY2025, improved execution and strong contributions from recently acquired businesses like Pasolink and 4RF resulted in vastly improved quarterly results. Improved profitability and a strong focus on working capital management resulted in cash flow from operations increasing to new multi-year highs. After a slew of earnings warnings in recent quarters, management abstained from raising FY2025 guidance, which could result in further outperformance for the remainder of FY2025. Based on my increased FY2026 estimates, AVNW stock could double over the next twelve months. Consequently, I am upgrading the shares to “Strong Buy” with a price target of $46. Read the full article on Seeking AlphaAnalysis Article • Dec 15
The Market Lifts Aviat Networks, Inc. (NASDAQ:AVNW) Shares 31% But It Can Do More
Aviat Networks, Inc. ( NASDAQ:AVNW ) shareholders are no doubt pleased to see that the share price has bounced 31% in...Seeking Alpha • Dec 13
Aviat Networks: Abysmal Start To FY2025 Raises Eyebrows - Hold
Summary Last month, Aviat Networks reported disappointing Q1/FY2025 results, with both sales and profitability falling well short of expectations. In addition, margin pressure in combination with increased working capital requirements resulted in substantial cash usage. While management lowered full-year expectations, even achieving the low end of the revised guidance would require substantial improvements over the remainder of the year. On a more positive note, the recently acquired Pasolink business appears to be gaining traction and bookings rebounded during the first month of Q2/FY2025. Given the company's disappointing performance in recent quarters and persistent execution risks, I am reiterating my "Hold" rating with a revised price target of $20. Read the full article on Seeking Alpha
New Narrative • Oct 07
Pasolink Acquisition And Global Expansion Propel Company To New Heights In Revenue And Market Share
Strategic acquisitions and expansion into U.S. private networks and global markets position Aviat Networks for diversified growth and improved net margins.Seeking Alpha • Oct 03
Aviat Networks: Downgrading On Accounting Issues And Uncertain Outlook - Hold
Summary Last month, leading wireless transport and access solutions provider Aviat Networks surprisingly delayed the filing of its annual report on form 10-K. While the company expected to file its 10-K within the 15-calendar day extension period, this has not happened. Adding insult to injury, Aviat Networks revised FY2024 guidance for the second time in a row, with last year's Pasolink acquisition likely the main reason behind the shortfall. Considering increased risk of a protracted accounting review and uncertainty regarding the company's FY2025 outlook, I am downgrading Aviat Networks' shares from "Buy" to "Hold". Read the full article on Seeking AlphaAnalysis Article • Jul 17
At US$30.28, Is It Time To Put Aviat Networks, Inc. (NASDAQ:AVNW) On Your Watch List?
While Aviat Networks, Inc. ( NASDAQ:AVNW ) might not have the largest market cap around , it saw a double-digit share...Seeking Alpha • Jun 04
Aviat Networks: Growth Outlook Disappoints But Too Cheap To Ignore, Buy
Summary Aviat Networks reported mixed Q3/FY2024 results, with revenues falling slightly short but profitability well ahead of expectations. While margins were impacted by the recent Pasolink acquisition, favorable working capital movements resulted in strong cash flow generation. The company lowered growth expectations as Pasolink revenues won't ramp as quickly as previously anticipated. In addition, Aviat Networks is facing currency headwinds and a more cautious spending environment. On a more positive note, the Pasolink acquisition is reportedly ahead of plan from an EBITDA and free cash flow perspective and management continues to expect EPS accretion by Q2/FY2025. While the company's lower growth profile is somewhat disappointing, the issue is more than reflected in Aviat Networks' heavily discounted valuation. Consequently, I am reiterating my "Buy" rating on the shares with an unchanged price target of $50. Read the full article on Seeking AlphaAnalysis Article • May 08
Aviat Networks' (NASDAQ:AVNW) Earnings Offer More Than Meets The Eye
The market seemed underwhelmed by the solid earnings posted by Aviat Networks, Inc. ( NASDAQ:AVNW ) recently. Our...Seeking Alpha • Mar 05
Aviat Networks: Better Positioned After The NEC Acquisition
Summary Aviat Networks has experienced a turnaround, with an average revenue growth rate of 13.2% since 2021. The company ranks 14th in the Communications Equipment industry with EBIT Margins over 8%. The acquisition of NEC Corporation positions Aviat Networks to benefit from key drivers such as 5G, rural broadband, and private networks. Read the full article on Seeking AlphaSeeking Alpha • Feb 09
Aviat Networks: Decent Quarter, But Successful Pasolink Integration Will Be Key Going Forward
Summary Aviat Networks reported decent Q2/FY2024 results with revenues, gross margins and Adjusted EBITDA all reaching new multi-year highs. During the quarter, the company closed the acquisition of Pasolink, the former microwave backhaul business of Japanese information and communication technology giant NEC Corporation. Going forward, much will depend on Aviat Networks' ability to integrate Pasolink's products and operations, improve the margin profile and identify potential cross-selling opportunities. Even when discounting the risks associated with Pasolink acquisition and the company's rather moderate organic growth rate, Aviat Networks appears cheap relative to industry averages and closest competitor Ceragon Networks. Lowering rating from "Strong Buy" to "Buy" to account for the company's increased risk profile and initial negative impact from the Pasolink acquisition. Read the full article on Seeking AlphaAnalysis Article • Aug 25
When Should You Buy Aviat Networks, Inc. (NASDAQ:AVNW)?
Aviat Networks, Inc. ( NASDAQ:AVNW ), is not the largest company out there, but it saw a decent share price growth in...Shareholder Returns
| AVNW | US Communications | US Market | |
|---|---|---|---|
| 7D | -1.3% | -0.9% | -0.2% |
| 1Y | -13.9% | 50.9% | 11.9% |
Return vs Industry: AVNW underperformed the US Communications industry which returned 51.9% over the past year.
Return vs Market: AVNW underperformed the US Market which returned 12% over the past year.
Price Volatility
| AVNW volatility | |
|---|---|
| AVNW Average Weekly Movement | 6.1% |
| Communications Industry Average Movement | 7.8% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: AVNW has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: AVNW's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 899 | Pete Smith | www.aviatnetworks.com |
Aviat Networks, Inc. provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company provides outdoor, indoor, and split-mount radios; microwave routers, and trunking; private LTE/5G, access and network management products; narrow band multi-point radios, designed, and optimised for SCADA and telemetry applications; and hosted software products, such as aviat design, frequency assurance, aviatcloud, and health assurance software. It also offers project services, which include design and engineering, site and path surveys, assembly and integration, project management, and install and commission; and managed services, such as network and interference monitoring, network health, onsite maintenance, and remote upgrades.
Aviat Networks, Inc. Fundamentals Summary
| AVNW fundamental statistics | |
|---|---|
| Market cap | US$263.46m |
| Earnings (TTM) | US$2.54m |
| Revenue (TTM) | US$439.68m |
103.2x
P/E Ratio0.6x
P/S RatioIs AVNW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AVNW income statement (TTM) | |
|---|---|
| Revenue | US$439.68m |
| Cost of Revenue | US$301.39m |
| Gross Profit | US$138.29m |
| Other Expenses | US$135.75m |
| Earnings | US$2.54m |
Last Reported Earnings
Jul 03, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.20 |
| Gross Margin | 31.45% |
| Net Profit Margin | 0.58% |
| Debt/Equity Ratio | 36.3% |
How did AVNW perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/18 23:54 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/07/03 |
| Annual Earnings | 2026/07/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Aviat Networks, Inc. is covered by 11 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ku Kang | B. Riley Securities, Inc. |
| Rustam Kanga | Citizens JMP Securities, LLC |
| Christian Schwab | Craig-Hallum Capital Group LLC |