Viasat, Inc. (VSAT) AI Stock Analysis

Viasat, Inc. is a global provider of broadband and communications solutions operating across two primary segments: Satellite Services and Commercial Networks. The Satellite Services segment delivers satellite-based fixed broadband internet and voice over internet protocol services to consumers and businesses. It also provides in-flight entertainment, commercial aviation software, community internet, and mobile connectivity for maritime and energy offshore vessels, alongside advanced machine learning analytics for industrial internet-of-things applications. In Commercial Networks, Viasat designs and manufactures satellite network infrastructure, ground terminals, and antenna systems for remote sensing, earth imaging, and mobile satellite communications, as well as application-specific integrated circuit and monolithic microwave integrated circuit design services.

Viasat expanded its annual revenue from $2.42B in FY2022 to $4.64B in FY2026, achieving a 5-year revenue CAGR of 19.3%. Revenue grew 67.6% in FY2024 to $4.28B, followed by 5.5% growth in FY2025 and 2.7% in FY2026. Gross margin shifted from 29.2% in FY2022 to 27.4% in FY2026, while operating margin improved from -4.7% in FY2022 to 2.3% in FY2026. Annual net income reached -$34.1M in FY2026, narrowing from -$575.0M in FY2025 and -$1.07B in FY2024. For the latest quarter ended June 30, 2026, quarterly revenue fell 1.2% year-over-year, while quarterly earnings grew 35.7%.

As of June 30, 2026, Viasat held $1.74B in cash and short-term investments alongside total debt of $6.93B, resulting in net debt of $5.19B and a debt-to-equity ratio of 1.49. The company recorded a current ratio of 1.68 and total assets of $15.11B compared to shareholders' equity of $4.64B. In FY2026, operating cash flow reached $1.59B, which funded capital expenditures of $992.8M and supported positive free cash flow of $597.1M. Share buybacks totaled $18.3M during FY2026, while the share count rose 84.2% over the trailing 5-year period.

At its last close of $58.83 on October 16, 2026, Viasat had a market capitalization of $8.10B and an enterprise value of $15.34B. Its forward P/E multiple of 144.9x stands well above the 18.8x median of its US-listed Technology peers. In contrast, Viasat trades at an EV/EBITDA of 8.5x and a price-to-sales ratio of 1.8x, both below the peer medians of 16.6x and 2.8x, respectively. The stock gained 62.7% over the trailing year, outperforming the S&P 500 ETF (SPY) return of 16.8%, but its 5-year return of 6.6% lagged SPY's 83.0%.

Wall Street consensus includes 6 Strong Buy, 3 Buy, and 2 Hold ratings, with 0 Sell and 0 Strong Sell ratings. The mean price target of $103.94 represents 76.7% upside relative to the last close of $58.83. For the fiscal year ending March 31, 2027, consensus projections forecast revenue of $4.85B and EPS of $0.09, which implies an EPS decline of 90.9%. For the following fiscal year, analysts anticipate revenue of $5.07B and EPS of $0.17. Viasat beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 6, 2026.

This page is an AI-written research summary of Viasat, Inc. (VSAT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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