
ViaSat (VSAT) Stock Forecast & Price Target
ViaSat (VSAT) Analyst Ratings
Bulls say
Viasat Inc. exhibited strong growth in its In-Flight Connectivity (IFC) segment, achieving a quarter-over-quarter revenue increase of 10% and a year-over-year increase of 14%, driven by the adoption of its "fast and free" service and high in-air utilization rates. Additionally, the maritime segment demonstrated promising potential with a 3% q/q revenue increase, supported by a robust product pipeline including NexusWave, which has garnered orders from over 1,000 vessels and is positioned to compete with major players like Starlink. The company's total backlog increased to $3.6 billion, reflecting operational strength and an improvement in cash flow from operations, which indicates effective management of working capital and enhanced overall performance.
Bears say
Viasat Inc. is facing significant revenue challenges within its communication services segment, where fixed broadband (FS&O) has seen a marked decline of 19% year-over-year, heavily influenced by competitive pressures from Starlink. The stagnation in communication services revenue at $827 million, remaining flat year-over-year and quarter-over-quarter, indicates an inability to effectively combat competition in both fixed broadband and maritime markets. Additionally, a notable drop in total fixed broadband users, decreasing by 9% quarter-over-quarter to 172,000, further underscores the firm's struggles in maintaining its customer base amidst increasing 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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