What is William Blair's Forecast for Viasat FY2027 Earnings?

Viasat, Inc. (NASDAQ:VSAT - Free Report) - Analysts at William Blair issued their FY2027 earnings estimates for shares of Viasat in a note issued to investors on Wednesday, May 21st. William Blair analyst L. Dipalma forecasts that the communications equipment provider will post earnings of ($0.09) per share for the year. William Blair has a "Market Perform" rating on the stock. The consensus estimate for Viasat's current full-year earnings is ($0.54) per share.

Other analysts have also issued research reports about the stock. Barclays lifted their target price on shares of Viasat from $9.00 to $10.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 26th. Wall Street Zen raised shares of Viasat from a "sell" rating to a "hold" rating in a report on Friday, March 7th. B. Riley lowered their target price on shares of Viasat from $56.00 to $52.00 and set a "buy" rating for the company in a report on Tuesday. Morgan Stanley lowered their target price on shares of Viasat from $26.00 to $12.00 and set an "equal weight" rating for the company in a report on Tuesday, February 4th. Finally, Needham & Company LLC lowered their target price on shares of Viasat from $19.00 to $16.00 and set a "buy" rating for the company in a report on Thursday, May 22nd. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $18.88.

Viasat Trading Down 0.4%

VSAT stock traded down $0.03 during trading on Monday, hitting $9.21. The company had a trading volume of 1,420,541 shares, compared to its average volume of 2,800,124. The company has a quick ratio of 1.60, a current ratio of 1.80 and a debt-to-equity ratio of 1.35. The firm has a 50-day moving average price of $9.46 and a 200-day moving average price of $9.28. Viasat has a 12 month low of $6.69 and a 12 month high of $26.70. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of -2.74 and a beta of 1.01.

Hedge Funds Weigh In On Viasat

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VSAT. Steward Partners Investment Advisory LLC boosted its stake in Viasat by 75.3% in 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 during the period. Venturi Wealth Management LLC acquired a new position in Viasat in the 4th quarter worth $31,000. PNC Financial Services Group Inc. boosted its stake 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 boosted its stake in Viasat by 850.4% in the 4th 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 period. Finally, New Age Alpha Advisors LLC acquired a new position in shares of Viasat during the 4th quarter worth about $35,000. 86.05% of the stock is owned by institutional investors and hedge funds.

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.