KVH Industries (KVHI) AI Stock Analysis

• Market Cap: $104.72M
• Dividend Yield: N/A
• Average Volume (3M): 44.99K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.16
• Revenue Growth: -9.26%
• EPS Growth: 36.90%
• Country: US
• Employees: 247
• Sector: Communication Services
• Sector Strength: 97
• Industry: Communication Equipment
• EPS (TTM): -0.36
• Shares Outstanding: 19,573,252
• 10 Day Avg. Volume: 77,559
• 30 Day Avg. Volume: 44,992
• PEG Ratio: 0.34
• Price to Book (P/B): 0.80
• Price to Sales (P/S): 0.97
• P/FCF Ratio: -5.37
• Enterprise Value/Market Cap: 0.38
• Enterprise Value/Revenue: 0.37
• Enterprise Value/Gross Profit: 1.57
• Enterprise Value/Ebitda: -16.77
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.01
• Revenue Forecast (FY): $109.90M

• Rating: 58 Neutral
• Price Target: $6.50 ▲(15.04% Upside)

KVH Industries' overall stock score is primarily influenced by financial challenges, including negative profitability and cash flow issues. Despite these, the stock shows positive technical momentum, and recent earnings call highlights suggest potential for growth in service revenue and subscriber base. Valuation remains a concern with a negative P/E ratio.

KVH Industries Business Overview & Revenue Model

Company Description

KVH Industries, Inc. (KVHI) is a global leader in satellite communications and inertial navigation systems, catering primarily to the maritime, automotive, and defense sectors. The company specializes in developing and supplying a wide array of products, including satellite antennas, communication systems, and fiber optic sensors, aimed at enhancing connectivity and navigation capabilities for its customers. KVH's innovative solutions enable reliable, high-speed internet access and precise positioning, thereby supporting various applications in both commercial and government markets.

How the Company Makes Money

KVH Industries generates revenue through multiple key streams, primarily by selling its satellite communication systems and related services. The company operates a subscription-based model for its satellite communication services, providing customers with ongoing access to high-speed internet and content delivery at sea. Additionally, KVH earns revenue from the sale of its inertial navigation products, which are essential for a range of applications, including military and commercial maritime operations. Significant partnerships, particularly with satellite service providers and maritime operators, bolster KVH's market presence and help drive sales. The company's diverse clientele, spanning various industries, further contributes to its financial stability and growth potential.

KVH Industries Financial Statement Overview

Summary

KVH Industries faces significant profitability issues with declining revenues and negative margins. The balance sheet remains strong with low leverage, but cash flow challenges could impede future growth. Continued financial restructuring may be needed to improve operational efficiency and cash generation.

Income Statement

The company has faced consistent revenue declines and negative profitability. Net profit margin is negative, indicating losses. Though gross profit margin remains high, EBIT and EBITDA margins are negative, reflecting operational challenges.

Balance Sheet

The balance sheet shows a strong equity position with a low debt-to-equity ratio, indicating financial stability. However, declining total assets and stockholders' equity over recent years could signal potential challenges ahead.

Cash Flow

Operating cash flow has been negative in recent years, impacting free cash flow. The company shows an ability to generate cash through investing activities, but overall cash flow remains a concern due to negative free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	107.41M	113.83M	132.38M	138.75M	133.91M	158.73M
Gross Profit	25.61M	35.22M	37.87M	52.50M	45.82M	57.61M
EBITDA	-2.40M	2.67M	-1.67M	9.96M	3.00M	-10.09M
Net Income	-12.02M	-11.05M	-15.42M	24.03M	-9.76M	-21.94M
Balance Sheet
Total Assets	150.28M	155.08M	172.63M	196.25M	168.79M	183.59M
Cash, Cash Equivalents and Short-Term Investments	72.80M	50.57M	69.77M	76.74M	24.52M	37.72M
Total Debt	4.61M	1.23M	1.07M	2.17M	3.14M	13.96M
Total Liabilities	19.23M	16.46M	25.26M	37.82M	39.82M	51.71M
Stockholders Equity	131.05M	138.63M	147.37M	158.44M	128.98M	131.88M
Cash Flow
Free Cash Flow	-209.00K	-20.59M	-9.40M	-5.55M	-15.89M	-17.22M
Operating Cash Flow	4.22M	-13.17M	2.53M	8.89M	2.91M	-3.08M
Investing Cash Flow	38.49M	52.39M	-14.71M	375.00K	-6.71M	-9.29M
Financing Cash Flow	-1.21M	110.00K	2.34M	708.00K	2.65M	7.13M

KVH Industries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KVHI, the sentiment is Negative. The current price of 5.65 is below the 20-day moving average (MA) of 5.70, below the 50-day MA of 5.78, and above the 200-day MA of 5.47, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 42.23 is Neutral, neither overbought nor oversold. The STOCH value of 30.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KVHI.

KVH Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
KVHI	58 Neutral	$104.72M	―	-8.78%	―	-9.26%	36.90%
SILC	57 Neutral	$91.37M	-6.89	-10.53%	―	-4.61%	63.88%
OCC	56 Neutral	$72.12M	―	-5.41%	―	12.67%	80.62%
CMTL	54 Neutral	$98.31M	-0.48	-26.69%	―	-7.56%	-47.16%
MOB	41 Neutral	$33.19M	-7.02	-99.91%	―	-17.34%	7.38%

KVH Industries Corporate Events

KVH Industries Acquires Asia-Pacific Satellite Assets

On October 8, 2025, KVH Industries, Inc. acquired assets from a satellite services provider in the Asia-Pacific region for approximately $3.1 million, aiming to enhance its maritime satellite communications distribution capabilities and customer base. The acquisition is expected to improve the company’s gross margin and earnings, with employment offers made to ten employees of the seller and transition arrangements in place to ensure a smooth transfer of assets. However, the success of the acquisition depends on obtaining necessary consents for agreement transfers, with potential subcontracting arrangements if consents are not secured.

The most recent analyst rating on (KVHI) stock is a Hold with a $5.50 price target. To see the full list of analyst forecasts on KVH Industries stock, see the KVHI Stock Forecast page.

KVH Industries’ Earnings Call: LEO Transition Drives Growth

KVH Industries, Inc. recently held its earnings call, revealing a positive shift in sentiment as the company successfully transitions to LEO-focused services. Despite a year-over-year revenue decline, KVH achieved sequential revenue growth and improved adjusted EBITDA, underscoring the effectiveness of its strategic transformation and cost management efforts.

KVH Industries Reports Q2 2025 Financial Results

KVH Industries, Inc. is a global leader in maritime and mobile connectivity, providing solutions for commercial maritime, leisure marine, military/government, and land mobile applications. The company is known for its innovative connectivity services and products, including the TracNet, TracPhone, and TracVision product lines.