ViaSat (VSAT) Stock Forecast & Price Target

Viasat Inc. reports a notable year-over-year revenue growth of 15% in its In-Flight Connectivity (IFC) segment, driven by an increase in the number of aircraft in service and higher average revenue per aircraft. The company's total backlog has reached $3.89 billion, reflecting a 4% increase year-over-year and a 9% increase quarter-over-quarter, indicating robust demand and customer confidence. Additionally, Viasat's strategic focus on cost synergies and new capacity enhancements positions the company well for steady revenue and EBITDA growth across all business segments, despite challenges in certain areas.

Viasat Inc. reported revenue of $1.14 billion for the recent period, which was just below consensus estimates by 0.8%, indicating potential challenges in meeting market expectations. While the Defense and Advanced Technologies segment showed a modest year-over-year revenue growth of 3%, its EBITDA dropped 15% due to increased research and development expenses and weaknesses in certain areas, raising concerns about operational efficiency. Additionally, the revenue growth guidance for fiscal 2026 is projected to be low single digits, primarily limited by satellite capacity issues until new satellites enter service, suggesting long-term growth constraints.