William Blair analyst Louie DiPalma has maintained their bullish stance on VSAT stock, giving a Buy rating on February 6.
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Louie DiPalma has given his Buy rating due to a combination of factors tied to ViaSat’s aviation and satellite growth prospects. He notes that Southwest’s new agreement with SpaceX does not displace ViaSat on existing equipped aircraft, and Southwest will keep installing ViaSat systems on its new Boeing 737 MAX fleet, supporting long-term inflight connectivity revenues.
He also points to the upcoming ViaSat-3 F2 satellite, which should meaningfully expand North American capacity, alongside future low-Earth-orbit support via Telesat, as key capacity catalysts. In addition, he highlights that investors increasingly view ViaSat as a “double special situation,” given the potential to unlock value from its defense and advanced technologies segment and its global L‑band spectrum assets, with a prospective defense-tech IPO offering further upside optionality.
In another report released on February 6, Deutsche Bank also upgraded the stock to a Buy with a $48.00 price target.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VSAT in relation to earlier this year.