Analyst Ryan Koontz from Needham reiterated a Buy rating on ViaSat and keeping the price target at $45.00.
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Ryan Koontz’s rating is based on several factors, including ViaSat’s plans to significantly increase its global capacity by mid-2026 with the deployment of the Viasat-3 F2 and F3 satellites. These advancements are expected to triple the company’s current capacity and act as key drivers for future growth, particularly in its Communications Services segment.
Koontz emphasizes ViaSat’s potential for a return to year-over-year growth in FY27, aided by strong performance in Aviation and Maritime, despite facing competitive challenges. Additionally, ViaSat is successfully managing a growing backlog in its Data and Technology (DAT) segment, which underscores its execution capability. The firm’s ongoing strategic exploration of separating its government and commercial businesses also presents opportunities to unlock further value, reinforcing the Buy rating.
Based on the recent corporate insider activity of 40 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.