ViaSat (VSAT) AI Stock Analysis

• Market Cap: $4.88B
• Dividend Yield: N/A
• Average Volume (3M): 2.37M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.70
• Revenue Growth: 1.23%
• EPS Growth: -31.80%
• Country: US
• Employees: 7,500
• Sector: Technology
• Sector Strength: 88
• Industry: Communication Equipment
• EPS (TTM): -0.45
• Shares Outstanding: 135,263,960
• 10 Day Avg. Volume: 2,408,792
• 30 Day Avg. Volume: 2,365,364
• PEG Ratio: 0.05
• Price to Book (P/B): 0.30
• Price to Sales (P/S): 0.30
• P/FCF Ratio: -11.12
• Enterprise Value/Market Cap: 2.02
• Enterprise Value/Revenue: 2.15
• Enterprise Value/Gross Profit: 6.48
• Enterprise Value/Ebitda: 7.18
• 1Y Price Target: $40.33
• Price Target Upside: 11.84% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): -1.95
• Revenue Forecast (FY): $4.67B

• Rating: 56 Neutral
• Price Target: $37.00 ▲(2.61% Upside)

ViaSat's overall stock score reflects strong technical indicators and revenue growth, but is tempered by profitability challenges and a negative P/E ratio. The company's strategic focus on cash generation and debt management is crucial for future stability.

Positive Factors

Revenue Growth

Sustained revenue growth in key segments like Defense and Advanced Technologies indicates robust demand and strengthens market position.

Free Cash Flow Generation

Positive free cash flow generation enhances financial flexibility, enabling strategic investments and debt reduction.

Progress on ViaSat-3

Advancements in the ViaSat-3 project bolster long-term growth prospects by expanding capacity and service capabilities.

Negative Factors

Net Loss Increase

Rising net losses highlight ongoing profitability challenges, potentially impacting long-term financial health and investor confidence.

Pressure in Fixed Broadband

Declining fixed broadband revenue suggests competitive pressures and market challenges, affecting overall revenue stability.

High Leverage

High leverage can constrain financial flexibility and increase risk, necessitating careful debt management to ensure stability.

ViaSat Business Overview & Revenue Model

Company Description

ViaSat Inc. (VSAT) is a global communications company specializing in satellite and broadband technology. The company operates in sectors such as satellite communications, cybersecurity, and networking, providing high-speed internet services, secure communication solutions, and data analytics. ViaSat's core products include satellite broadband services for residential and commercial customers, satellite systems for military and government applications, and advanced cybersecurity solutions for protecting critical communications infrastructure.

How the Company Makes Money

ViaSat generates revenue through multiple streams, primarily from the sale of satellite broadband services to residential and commercial customers, government contracts for satellite and secure communication solutions, and the provision of cybersecurity services. The company’s consumer broadband services, such as its Exede and ViaSat-2 offerings, contribute significantly to its revenues through monthly subscription fees. Additionally, ViaSat earns money from government and military contracts for satellite systems and services, which often involve long-term agreements. Strategic partnerships with other telecom and satellite companies enhance its service offerings and distribution channels, further driving revenue growth. The company also benefits from advancements in satellite technology, enabling it to offer higher capacity and faster internet services, thus attracting more customers and increasing its market share.

ViaSat Financial Statement Overview

Summary

ViaSat shows strong revenue growth and improving cash flow metrics, but faces challenges with profitability and high leverage. The company needs to focus on enhancing its profit margins and managing debt levels to ensure long-term financial stability.

Income Statement

ViaSat's income statement shows a mixed performance. The TTM data indicates a significant revenue growth rate of 40.8%, which is a positive sign. However, the company is struggling with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin has improved over time, but the persistent negative net income is a concern.

Balance Sheet

The balance sheet reflects a moderate financial position. The debt-to-equity ratio has improved in the TTM period, indicating better leverage management. However, the return on equity remains negative, highlighting ongoing profitability challenges. The equity ratio suggests a stable asset base, but the high debt levels pose a risk.

Cash Flow

Cash flow analysis shows a strong recovery in free cash flow growth, with a significant increase in the TTM period. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to earnings. However, the free cash flow to net income ratio remains low, suggesting limited free cash flow relative to net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.58B	4.52B	4.28B	2.56B	2.42B	1.92B
Gross Profit	1.52B	1.49B	1.38B	721.40M	705.90M	565.19M
EBITDA	1.37B	1.24B	363.98M	397.12M	403.70M	294.95M
Net Income	-522.34M	-574.96M	-1.07B	1.08B	-15.53M	3.69M
Balance Sheet
Total Assets	14.76B	15.45B	16.33B	7.73B	6.39B	5.35B
Cash, Cash Equivalents and Short-Term Investments	1.23B	1.61B	1.90B	1.35B	310.46M	295.95M
Total Debt	7.01B	7.52B	7.64B	2.78B	2.85B	2.20B
Total Liabilities	10.18B	10.80B	11.26B	3.87B	3.71B	2.96B
Stockholders Equity	4.52B	4.55B	5.03B	3.82B	2.63B	2.35B
Cash Flow
Free Cash Flow	146.54M	-122.00M	-851.19M	-796.46M	-484.67M	-158.06M
Operating Cash Flow	1.06B	908.19M	688.20M	367.86M	505.64M	727.22M
Investing Cash Flow	-815.68M	-758.36M	-1.29B	768.04M	-1.13B	-885.27M
Financing Cash Flow	-2.55B	-442.59M	1.12B	-66.13M	643.63M	149.69M

ViaSat Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 36.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VSAT, the sentiment is Neutral. The current price of 36.06 is below the 20-day moving average (MA) of 37.48, above the 50-day MA of 34.05, and above the 200-day MA of 18.72, indicating a neutral trend. The MACD of 0.68 indicates Positive momentum. The RSI at 49.60 is Neutral, neither overbought nor oversold. The STOCH value of 27.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for VSAT.

ViaSat Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GILT	72 Outperform	$801.90M	31.82	6.95%	―	29.67%	41.90%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
COMM	61 Neutral	$3.72B	―	―	―	9.86%	99.11%
LITE	61 Neutral	$16.46B	155.19	13.42%	―	33.62%	―
VSAT	56 Neutral	$4.88B	―	-11.04%	―	1.23%	-31.80%
ASTS	54 Neutral	$22.53B	―	-39.22%	―	641.24%	41.70%
SATS	44 Neutral	$19.40B	―	-98.16%	―	-44.95%	-430.47%

ViaSat Corporate Events

Viasat Inc. Reports Q2 FY2026 Financial Results

Viasat Inc. is a global communications company specializing in satellite technology, providing high-quality, reliable, and secure connections for consumers, businesses, governments, and militaries worldwide.

Viasat Approves Amendments to Equity and Stock Plans

On September 4, 2025, Viasat, Inc. held its annual stockholders meeting where significant amendments to its 1996 Equity Participation Plan and Employee Stock Purchase Plan were approved. The Restated Equity Plan now allows for 6,410,000 shares for future issuance and extends the period for incentive stock options, while the Restated Purchase Plan increases the share issuance limit to 16,950,000 shares. Additionally, stockholders elected two directors, ratified the appointment of an accounting firm, and conducted an advisory vote on executive compensation.

The most recent analyst rating on (VSAT) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on ViaSat stock, see the VSAT Stock Forecast page.

Viasat Announces Retirement of Senior VP James Dodd

On August 21, 2025, Viasat, Inc. announced the upcoming retirement of James Dodd, the Senior Vice President and President of Commercial Services, effective on or about November 1, 2025. Mr. Dodd will remain with the company as a non-executive employee until December 31, 2025, and will receive separation benefits as per his severance agreement.

The most recent analyst rating on (VSAT) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on ViaSat stock, see the VSAT Stock Forecast page.