Loading...
VSAT logo

Viasat, Inc.NasdaqGS:VSAT Stock Report

Market Cap US$9.1b
Share Price
US$66.33
US$48
38.2% overvalued intrinsic discount
1Y625.7%
7D0.6%
Portfolio Value
View

Viasat, Inc.

NasdaqGS:VSAT Stock Report

Market Cap: US$9.1b

Viasat (VSAT) Stock Overview

Provides broadband and communications products and services in the United States and internationally. More details

VSAT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

VSAT Community Fair Values

Create Narrative

See what 51 others think this stock is worth. Follow their fair value or set your own to get alerts.

Viasat, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Viasat
Historical stock prices
Current Share PriceUS$66.33
52 Week HighUS$68.92
52 Week LowUS$8.61
Beta1.67
1 Month Change23.11%
3 Month Change59.06%
1 Year Change625.71%
3 Year Change83.74%
5 Year Change39.06%
Change since IPO1,374.00%

Recent News & Updates

Narrative Update Apr 28

VSAT: Spectrum Hopes Around Amazon Agreement Will Likely Disappoint

Analysts have lifted their fair value estimate for Viasat from about $26.66 to $48.00, citing recent price target increases, the upcoming F3 launch, spectrum value discussions related to the Amazon agreement, and several upgrades that reference a higher forward P/E assumption. Analyst Commentary Recent Street research has focused on the mix of upside potential around the upcoming F3 launch, spectrum value linked to the Amazon agreement, and higher assumed forward P/E multiples, alongside execution and valuation risks that could cap returns if things do not go as planned.

Recent updates

Narrative Update Apr 28

VSAT: Spectrum Hopes Around Amazon Agreement Will Likely Disappoint

Analysts have lifted their fair value estimate for Viasat from about $26.66 to $48.00, citing recent price target increases, the upcoming F3 launch, spectrum value discussions related to the Amazon agreement, and several upgrades that reference a higher forward P/E assumption. Analyst Commentary Recent Street research has focused on the mix of upside potential around the upcoming F3 launch, spectrum value linked to the Amazon agreement, and higher assumed forward P/E multiples, alongside execution and valuation risks that could cap returns if things do not go as planned.
Narrative Update Apr 14

VSAT: Sum Of The Parts Optimism Will Pressure Execution And Capital Discipline

Analysts have raised their price target on Viasat from about $41 to roughly $51, citing updated assumptions for fair value, a slightly lower discount rate, revised revenue growth expectations, and a higher profit margin outlook supported by recent research upgrades from several major firms. Analyst Commentary Recent research updates point to a more constructive view on Viasat's fair value, with several firms adjusting ratings and targets alongside refreshed assumptions on growth and profitability.
Seeking Alpha Apr 08

Viasat: Riding The Space Hype, But The Fundamentals Suggest Caution

Summary Viasat is rated 'Hold' due to strong sector momentum but faces significant competitive and valuation risks. VSAT's legacy communications segment is under pressure from SpaceX and Amazon, with stagnant revenues and risk of commoditization. The defense segment offers some optimism, with a 27% YoY backlog increase, but growth remains moderate at 9% YoY. VSAT trades at a 9x EV/EBITDA multiple, which is considered rich for a company with flat growth and high CapEx requirements. Read the full article on Seeking Alpha
Narrative Update Mar 31

VSAT: Defense Spinout Evaluation Will Surface Future Upside Potential

Analysts have lifted the fair value estimate for Viasat from $52.00 to $58.00 as they factor in updated sum of the parts valuation work, higher projected profit margins, and potential portfolio moves similar to recent defense spinout activity in the sector. Analyst Commentary Recent Street research points to a more constructive view on Viasat as bullish analysts refresh their models around sum of the parts valuation work, higher projected margins, and the potential for portfolio moves that echo broader defense sector activity.
Narrative Update Mar 17

VSAT: Spinout Optimism Around Defense Unit Will Still Likely Disappoint

Analysts have lifted their $ price target on Viasat, citing updated sum-of-the-parts valuation work, a refreshed view on the potential value of its defense and advanced technologies unit, and slightly adjusted assumptions around discount rate, revenue growth, profit margin, and future P/E. Analyst Commentary Even with higher price targets and renewed attention on the defense and advanced technologies unit, research commentary on Viasat still highlights a mix of optimism and caution.
Narrative Update Mar 03

VSAT: Spinout Hopes Around Defense Unit Will Likely Disappoint

The latest Street research implies a higher consolidated analyst price target for Viasat, with firms pointing to updated sum of the parts valuation work, a revised $39 target from Morgan Stanley, and potential value from any future spinout of the defense and advanced technologies division, which analysts see as echoing recent plans at L3Harris. Analyst Commentary Recent research on Viasat has centered on how to value the different pieces of the business, with several firms talking about sum of the parts work, potential spinout scenarios, and what that could mean for the equity story.
Narrative Update Feb 16

VSAT: Elevated Multiple Relies On Uncertain Defense Spinout Execution

Narrative Update on Viasat The updated analyst price target for Viasat has risen from about $10.00 to roughly $26.66, with analysts pointing to sum of the parts valuation work, higher assumed revenue growth, modestly stronger profit margins and a higher future P/E multiple, as well as potential value from possible spinout scenarios. Analyst Commentary Recent research has highlighted both upside scenarios and areas where expectations may prove difficult for Viasat to meet.
Narrative Update Feb 02

VSAT: Potential Defense Spinout And New Ka Band Capacity Will Drive Upside

Analysts recently lifted their Viasat price target by $39, citing refreshed views on long term growth, profitability and P/E assumptions, and pointing to potential portfolio moves similar to L3Harris's planned spinout as a key part of the story. Analyst Commentary Bullish analysts have been pointing to refreshed views on Viasat's long term growth profile, profitability path and P/E assumptions as they reassess the stock.
Narrative Update Jan 19

VSAT: Potential Defense Spinout And Execution Risks Will Pressure Future Returns

Analysts lifted their Viasat fair value estimate from $36.25 to $41.13, citing recent price target increases and growing interest in potential spinout options identified in the latest Street research. Analyst Commentary Bullish Takeaways Bullish analysts point to the higher price target as support for a higher fair value range, suggesting that recent research is incorporating potential upside from corporate actions and portfolio changes.
Analysis Article Jan 16

Viasat, Inc. (NASDAQ:VSAT) Held Back By Insufficient Growth Even After Shares Climb 28%

Viasat, Inc. ( NASDAQ:VSAT ) shareholders have had their patience rewarded with a 28% share price jump in the last...
Narrative Update Jan 05

VSAT: Future Multi Orbit Government Contracts Will Support Bullish Upside Potential

Analysts have nudged their fair value estimate for Viasat up from US$50.00 to US$52.00, citing updated assumptions for revenue growth, profit margins, and a lower discount rate, which also leads them to apply a modestly lower future P/E multiple. What's in the News Viasat announced an expanded global Ka-band satellite communications network for government and military users, integrating its own Ka-band satellites, the Global Xpress fleet and partner satellites to offer interoperable, multi orbit connectivity and roaming with MILSATCOM Ka-band systems (Product related announcement).
Narrative Update Dec 14

VSAT: Future Breakup Optionality And Competitive Pressures Will Shape Share Performance

Analysts have raised their price target on Viasat to $23 from $10, citing a higher potential breakup valuation around $36 per share but warning that intensifying competition and limited satellite growth prospects temper the upside. Analyst Commentary Bullish analysts highlight that the higher price target reflects improved breakup value potential, suggesting that the sum of Viasat's parts could be worth meaningfully more than the current share price in an optimal strategic scenario.
Narrative Update Nov 29

VSAT: Future Breakup Uncertainty And Competition Will Define Market Direction

Analysts have raised their price target for Viasat from $10 to $23 per share, citing improved valuation metrics. However, they caution that further upside depends on the uncertain prospect of a company breakup and ongoing competitive pressures in the satellite business.
Narrative Update Nov 15

VSAT: Future International Spectrum Deals And Competitive Pressures Will Shape Outlook

Analysts have raised their price target for Viasat from $26.14 to $36.25 per share, reflecting improved expectations for the company’s spectrum value, profit outlook, and international growth potential. Analyst Commentary Analyst opinions on Viasat remain mixed, with some seeing notable upside potential while others urge caution regarding future growth and valuation.
Analysis Article Nov 14

US$36.25 - That's What Analysts Think Viasat, Inc. (NASDAQ:VSAT) Is Worth After These Results

Viasat, Inc. ( NASDAQ:VSAT ) came out with its second-quarter results last week, and we wanted to see how the business...
Narrative Update Nov 01

VSAT: Increased Competition Will Likely Limit Benefits From Spectrum Holdings

Analysts have raised their price target for ViaSat to $25 from $16, citing stronger-than-expected quarterly results and the company's valuable spectrum holdings as key factors supporting the higher valuation. Analyst Commentary Recent Street research offers a range of views on ViaSat's outlook, reflecting both optimism and caution among analysts regarding the company's valuation, future growth, and strategic positioning.
Analysis Article Oct 31

There's No Escaping Viasat, Inc.'s (NASDAQ:VSAT) Muted Revenues Despite A 33% Share Price Rise

Viasat, Inc. ( NASDAQ:VSAT ) shares have continued their recent momentum with a 33% gain in the last month alone. This...
Narrative Update Oct 17

Global Demand For Secure Connectivity Will Empower Hybrid Networks

Analysts have modestly increased their price target for Viasat to $26.14, citing the company's valuable spectrum holdings and mixed prospects across core business segments as supporting factors for the revision. Analyst Commentary Analyst opinions on Viasat remain divided, reflecting a mixture of optimism around the company's asset portfolio and caution due to competitive and business-specific risks.
Narrative Update Oct 03

Global Demand For Secure Connectivity Will Empower Hybrid Networks

Analysts have raised their price target for Viasat from approximately $24.29 to $26.14 per share. This reflects renewed optimism surrounding the company's valuable spectrum holdings, supported by recent market comparisons and performance updates.
Narrative Update Aug 06

Global Demand For Secure Connectivity Will Empower Hybrid Networks

Viasat's higher consensus price target reflects an increase in forward P/E, indicating improved earnings expectations despite a higher discount rate, resulting in fair value rising from $18.29 to $19.71. What's in the News Viasat will evaluate a potential IPO or spinoff of its defense technology business following pressure from activist investor Carronade Capital Management.
Analysis Article Jun 20

Viasat, Inc.'s (NASDAQ:VSAT) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Viasat, Inc. ( NASDAQ:VSAT ) shareholders have had their patience rewarded with a 33% share price jump in the last...
Seeking Alpha Apr 25

Viasat After Inmarsat - Moving Beyond Breakeven

Summary Viasat is transitioning toward sustainable profitability, leveraging its vertically integrated model and global reach to capitalize on strong satellite connectivity demand. Despite inconsistent profitability and high reinvestment needs, VSAT maintains positive operating cash flows and is moving beyond its breakeven threshold with improved margins and reduced cost. Recent improvements and market opportunities suggest potential sustained profitability. But there is currently no margin of safety based on an optimistic valuation. Read the full article on Seeking Alpha
User avatar
New Narrative Mar 24

Aviation, Maritime And Defense Sectors Will Benefit From Satellite Integrations

Strategic partnerships and satellite integration are set to boost revenue via expanded service offerings and improved customer satisfaction.
Seeking Alpha Feb 11

Viasat: Competition And Debt Creating Asymmetric Payoff

Summary Viasat faces rising competition and balance sheet issues but could generate strong cash flows in the next few years if it successfully navigates upcoming satellite launches. Despite recent setbacks, Viasat's NexusWave service and in-flight connectivity business show promise. Direct-to-device services could be another source of growth, although Viasat's strategy in this area is still taking shape. Near-term returns are likely to be dictated by upcoming satellite launches. Beyond this, Viasat will also need to demonstrate that it can successfully navigate competition. Read the full article on Seeking Alpha
Seeking Alpha Jan 27

What To Do After Viasat Stock Soared

Summary Viasat secured a $4.8 billion NASA contract, boosting its stock despite a 56% decline since August 2024. Space stocks surged on Jan. 22, 2025, further lifting VSAT stock, which had formed a bullish "double bottom" at $7.50. Despite a "Strong Sell" rating from Seeking Alpha Quant, Viasat trades at a valuation discount and shows growth in aviation and government satcom services. Warning: Short sellers hold a 20.9% short float against Viasat, indicating high risks. Traders may consider booking profits after the recent rally. Read the full article on Seeking Alpha
Seeking Alpha Oct 22

Viasat: Best To Stay On The Sidelines

Summary Viasat Inc. has suffered a 60% decline in value over the past year, significantly underperforming other small-cap technology stocks, and we don't believe this narrative will change any time soon. We touch upon a range of concerns that prevent us from turning more constructive on VSAT. At around 4x, EBITDA, VSAT may come across as cheap from a valuation angle, but do also consider the anemic degree of EBITDA growth you'll be getting over time (3%). The technical picture on both the short-term and long-term charts does not look encouraging, whilst declining institutional ownership, and increasing short positions, add fuel to the fire. Read the full article on Seeking Alpha

Shareholder Returns

VSATUS CommunicationsUS Market
7D0.6%0.05%3.2%
1Y625.7%87.6%31.0%

Return vs Industry: VSAT exceeded the US Communications industry which returned 87.6% over the past year.

Return vs Market: VSAT exceeded the US Market which returned 31% over the past year.

Price Volatility

Is VSAT's price volatile compared to industry and market?
VSAT volatility
VSAT Average Weekly Movement10.3%
Communications Industry Average Movement8.6%
Market Average Movement7.1%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: VSAT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: VSAT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19867,000Mark Dankbergwww.viasat.com

Viasat, Inc. provides broadband and communications products and services in the United States and internationally. It operates through Communication Services; and Defense and Advanced Technologies segments. The company offers satellite-based broadband and narrowband communications solutions; broadband services, including broadband internet access and voice over internet protocol; fixed and mobile broadband and narrowband services; develops and sells satellite, wireless products, and terminals; and design, develop, and produce space system solutions for geostationary, medium, and low earth orbit.

Viasat, Inc. Fundamentals Summary

How do Viasat's earnings and revenue compare to its market cap?
VSAT fundamental statistics
Market capUS$9.14b
Earnings (TTM)-US$338.96m
Revenue (TTM)US$4.62b
2.0x
P/S Ratio
-26.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VSAT income statement (TTM)
RevenueUS$4.62b
Cost of RevenueUS$3.08b
Gross ProfitUS$1.54b
Other ExpensesUS$1.88b
Earnings-US$338.96m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-2.50
Gross Margin33.33%
Net Profit Margin-7.34%
Debt/Equity Ratio132.5%

How did VSAT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 06:22
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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

Viasat, Inc. is covered by 21 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.

AnalystInstitution
Mathieu RobilliardBarclays
Benjamin HeelanBofA Global Research
Benjamin HeelanBofA Global Research