B. Riley Cuts Viasat (NASDAQ:VSAT) Price Target to $52.00

Viasat (NASDAQ:VSAT - Free Report) had its price objective cut by B. Riley from $56.00 to $52.00 in a report released on Tuesday morning,Benzinga reports. They currently have 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, Q2 2026 earnings at ($0.19) EPS, Q3 2026 earnings at ($0.14) EPS, Q4 2026 earnings at ($0.12) EPS and FY2026 earnings at ($0.64) EPS.

A number of other equities research analysts also recently weighed in on VSAT. William Blair restated a "market perform" rating on shares of Viasat in a research report on Tuesday, April 15th. Morgan Stanley cut their target price on Viasat from $26.00 to $12.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft upgraded Viasat from a "hold" rating to a "buy" rating and set a $15.00 target price for the company in a research report on Monday, March 24th. Needham & Company LLC cut their target price on Viasat from $19.00 to $16.00 and set a "buy" rating for the company in a research report on Thursday, May 22nd. Finally, Barclays increased their price objective on Viasat from $9.00 to $10.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 26th. Six investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, Viasat presently has an average rating of "Hold" and a consensus target price of $18.88.

Viasat Stock Performance

Shares of NASDAQ VSAT traded down $0.39 during midday trading on Tuesday, hitting $8.88. 3,531,684 shares of the company's stock were exchanged, compared to its average volume of 2,831,018. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.80 and a quick ratio of 1.60. The stock's 50 day moving average price is $9.37 and its 200-day moving average price is $9.29. The firm has a market cap of $1.16 billion, a P/E ratio of -2.64 and a beta of 1.01. Viasat has a twelve month low of $6.69 and a twelve month high of $26.70.

Institutional Investors Weigh In On Viasat

Institutional investors and hedge funds have recently modified their holdings of the stock. Long Focus Capital Management LLC purchased a new stake in shares of Viasat in the first quarter valued at $24,695,000. Nuveen LLC acquired a new position in shares of Viasat in the first quarter worth $20,593,000. Millennium Management LLC increased its stake in shares of Viasat by 673.7% in the first quarter. Millennium Management LLC now owns 1,386,089 shares of the communications equipment provider's stock worth $14,443,000 after acquiring an additional 1,206,935 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Viasat by 64.9% in the first quarter. Goldman Sachs Group Inc. now owns 2,866,242 shares of the communications equipment provider's stock worth $29,866,000 after acquiring an additional 1,128,338 shares during the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of Viasat by 538.7% in the fourth quarter. Two Sigma Investments LP now owns 1,136,675 shares of the communications equipment provider's stock worth $9,673,000 after acquiring an additional 958,706 shares during the last quarter. Institutional investors and hedge funds own 86.05% of the company's stock.

About Viasat

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.