
ViaSat (VSAT) Stock Forecast & Price Target
ViaSat (VSAT) Analyst Ratings
Bulls say
Viasat Inc. demonstrated substantial growth in its IFC revenue, achieving a quarter-over-quarter increase of 10% and a year-over-year growth of 14%, driven by enhanced service offerings and high in-air utilization rates. The maritime segment also saw a positive trajectory, with a 3% increase quarter-over-quarter, bolstered by a robust product pipeline, including over 1,000 orders for its NexusWave solution, positioning it competitively against Starlink. Additionally, the company reported a total backlog of $3.6 billion, reflecting an increase from the previous quarter and indicating strong future revenue potential, alongside improved operating performance and reduced working capital impacting cash flow from operations.
Bears say
Viasat Inc. faces significant challenges, particularly within its communication services segment, which is heavily impacted by increasing competitive pressure from Starlink, leading to a decline in fixed broadband customers and associated revenues. The fixed broadband segment reported a year-over-year decline of 19% and a total user reduction of 9% quarter-over-quarter, indicating a shrinking customer base and diminishing market presence. Additionally, the stagnation of communication services revenue at $827 million, remaining flat year-over-year and quarter-over-quarter, suggests potential difficulties in sustaining growth and profitability amid fierce competition.
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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