Viasat (NASDAQ:VSAT) Price Target Cut to $52.00 by Analysts at B. Riley

Viasat (NASDAQ:VSAT - Free Report) had its target price lowered by B. Riley from $56.00 to $52.00 in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has a buy rating on the communications equipment provider's stock. B. Riley also issued estimates for Viasat's Q1 2026 earnings at ($0.19) EPS and Q2 2026 earnings at ($0.19) EPS.

Several other analysts have also recently weighed in on the stock. William Blair reaffirmed a "market perform" rating on shares of Viasat in a research note on Tuesday, April 15th. Morgan Stanley reduced their price target on shares of Viasat from $26.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Tuesday, February 4th. Wall Street Zen upgraded Viasat from a "sell" rating to a "hold" rating in a report on Friday, March 7th. Needham & Company LLC reduced their price objective on shares of Viasat from $19.00 to $16.00 and set a "buy" rating for the company in a research note on Thursday, May 22nd. Finally, Barclays upped their target price on shares of Viasat from $9.00 to $10.00 and gave the company an "equal weight" rating in a report on Wednesday, February 26th. Six research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $18.88.

Viasat Stock Performance

Viasat stock traded up $0.03 during trading hours on Tuesday, reaching $9.27. 5,675,273 shares of the company were exchanged, compared to its average volume of 2,823,209. The company has a current ratio of 1.80, a quick ratio of 1.60 and a debt-to-equity ratio of 1.35. Viasat has a 12 month low of $6.69 and a 12 month high of $26.70. The stock has a 50-day moving average of $9.42 and a 200 day moving average of $9.29. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of -2.76 and a beta of 1.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Steward Partners Investment Advisory LLC lifted its holdings in Viasat by 75.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 2,950 shares of the communications equipment provider's stock worth $25,000 after purchasing an additional 1,267 shares in the last quarter. Venturi Wealth Management LLC bought a new position in shares of Viasat during the 4th quarter valued at $31,000. PNC Financial Services Group Inc. raised its position in Viasat by 233.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,177 shares of the communications equipment provider's stock worth $33,000 after purchasing an additional 2,224 shares during the period. Sterling Capital Management LLC lifted its stake in Viasat by 850.4% in the fourth quarter. Sterling Capital Management LLC now owns 3,963 shares of the communications equipment provider's stock worth $34,000 after purchasing an additional 3,546 shares during the last quarter. Finally, New Age Alpha Advisors LLC purchased a new stake in Viasat during the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 86.05% of the company's stock.

Viasat Company Profile

Viasat, Inc provides broadband and communications products and services worldwide. The company's Satellite Services segment offers satellite-based fixed broadband services, including broadband internet access and voice over internet protocol services to consumers and businesses; in-flight entertainment and aviation software services to commercial airlines and private business jets; satellite-based connectivity services; mobile broadband services, including satellite-based internet services to energy offshore vessels, cruise ships, consumer ferries, and yachts; and energy services, which include ultra-secure solutions IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics.