Viasat (NASDAQ:VSAT) Hits New 12-Month High – What’s Next?

Shares of Viasat Inc. (NASDAQ:VSAT) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $44.14 and last traded at $44.7150, with a volume of 161911 shares changing hands. The stock had previously closed at $42.84.

Key Stories Impacting Viasat

Here are the key news stories impacting Viasat this week:

• Positive Sentiment: Viasat and BSNL named as partners to support the Indian Navy’s next SATCOM upgrade, positioning Viasat to supply Ka‑band equipment and services for maritime satellite communications — a contract pipeline win that could drive backlog and service revenue. BSNL, Viasat support next phase of Indian Navy SATCOM upgrade
• Positive Sentiment: Multiple outlets report the BSNL–Viasat work will deploy Ka‑band SATCOM for the Navy, indicating a technical scope (hardware + services) that can translate into multi‑year revenue and higher service margin potential. BSNL, Viasat to deploy Ka-band satcom for next phase of Indian Navy upgrade
• Positive Sentiment: BusinessWorld and OutlookBusiness coverage reinforce the same contract narrative, adding momentum and broader market awareness of Viasat’s defense-commercial opportunities in India. Increased visibility can help sentiment and multiple expansion for VSAT. Indian Navy Set To Upgrade Satellite Communications With BSNL, Viasat
• Positive Sentiment: Seeking Alpha published a bullish piece calling Viasat “a satellite leader with room to grow” and labeling it a buy, which can influence retail/institutional attention and contributed to upward price momentum. Viasat: A Satellite Leader With Room To Grow – Buy
• Neutral Sentiment: A market‑oriented piece summarizes why VSAT traded higher today, largely citing the India NAVY/BSNL headlines and broader sector flows rather than new financials. Useful for context on intraday drivers but not new company disclosures. Viasat (VSAT) stock trades up, here is why
• Neutral Sentiment: An ETF/sector piece notes Viasat’s exposure to digital connectivity trends in Nasdaq‑100‑related flows; this is background positioning rather than company‑specific news. Viasat Inc (NASDAQ:VSAT) Digital Connectivity Trends In Nasdaq 100 ETF
• Neutral Sentiment: A broader article on Indian armed forces boosting defense tech cites new contracts and modernization trends that create a tailwind for suppliers like Viasat, but it doesn’t add firm‑level details beyond the Navy item. Indian Armed Forces Boost Defence Tech & Communication with Innovative Contracts

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. William Blair reaffirmed an “outperform” rating on shares of Viasat in a research note on Tuesday. Morgan Stanley set a $51.00 target price on Viasat in a report on Friday. Raymond James Financial raised Viasat from a “market perform” rating to an “outperform” rating and set a $52.00 price target for the company in a research note on Monday, November 10th. Needham & Company LLC increased their price objective on shares of Viasat from $25.00 to $45.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Viasat in a research report on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $37.63.

Viasat Price Performance

The company has a market capitalization of $6.21 billion, a price-to-earnings ratio of -11.49 and a beta of 1.39. The company has a current ratio of 2.08, a quick ratio of 1.84 and a debt-to-equity ratio of 1.43. The company’s 50 day simple moving average is $36.20 and its 200-day simple moving average is $30.52.

Viasat (NASDAQ:VSAT) last posted its quarterly earnings data on Saturday, November 8th. The communications equipment provider reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.20. Viasat had a negative net margin of 11.40% and a negative return on equity of 3.65%. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the business posted ($0.23) earnings per share. The company’s revenue was up 2.0% on a year-over-year basis. On average, equities research analysts predict that Viasat Inc. will post -0.54 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Mark D. Dankberg sold 100,000 shares of Viasat stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $40.34, for a total value of $4,034,000.00. Following the completion of the sale, the chief executive officer owned 1,434,993 shares of the company’s stock, valued at $57,887,617.62. The trade was a 6.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Benjamin Edward Palmer sold 2,780 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $36.06, for a total value of $100,246.80. Following the transaction, the insider owned 27,831 shares in the company, valued at $1,003,585.86. This trade represents a 9.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 356,529 shares of company stock worth $13,105,888 over the last ninety days. Company insiders own 2.20% of the company’s stock.

Institutional Investors Weigh In On Viasat

A number of institutional investors have recently bought and sold shares of VSAT. Pallas Capital Advisors LLC purchased a new position in Viasat during the fourth quarter worth approximately $211,000. SG Americas Securities LLC increased its holdings in shares of Viasat by 797.5% during the 4th quarter. SG Americas Securities LLC now owns 117,019 shares of the communications equipment provider’s stock worth $4,032,000 after buying an additional 103,981 shares during the last quarter. Diversified Trust Co. raised its position in shares of Viasat by 5.6% in the 4th quarter. Diversified Trust Co. now owns 20,606 shares of the communications equipment provider’s stock worth $710,000 after buying an additional 1,094 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Viasat by 14.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 15,237 shares of the communications equipment provider’s stock valued at $525,000 after acquiring an additional 1,867 shares during the last quarter. Finally, Harbour Capital Advisors LLC acquired a new position in Viasat in the fourth quarter valued at $376,000. 86.05% of the stock is currently owned by hedge funds and other institutional investors.

About Viasat

Viasat, Inc (NASDAQ: VSAT) provides high‐capacity satellite broadband and wireless communications services to consumer, commercial and government customers worldwide. The company designs and operates satellite systems and network infrastructure to deliver secure, high-speed connectivity across remote and underserved regions, as well as managed networking solutions for enterprises and public sector agencies.

Viasat’s product offerings include residential and enterprise satellite internet services, in-flight connectivity for commercial airlines and business jets, and secure networking platforms tailored to defense and intelligence users.