Aviat Networks, Inc. (NASDAQ:AVNW – Get Free Report) has earned an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $32.57.
Several equities research analysts have weighed in on AVNW shares. B. Riley Financial restated a “buy” rating and set a $32.00 target price (down from $33.00) on shares of Aviat Networks in a research note on Wednesday. Roth Capital reiterated a “buy” rating and issued a $38.00 price target (up from $34.00) on shares of Aviat Networks in a research note on Friday, August 28th. Weiss Ratings lowered Aviat Networks from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, October 30th. Citigroup reissued a “market outperform” rating on shares of Aviat Networks in a report on Friday, August 28th. Finally, Zacks Research upgraded Aviat Networks from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 5th.
Read Our Latest Analysis on Aviat Networks
Top Aviat Networks Stories
Here are a few of the latest stories about AVNW:
- Positive Sentiment: Record bookings were a bright spot in the first-quarter fiscal 2027 report. Aviat forecast fiscal 2027 revenue of $450 million–$475 million and adjusted EBITDA of $50 million–$55 million; the revenue range includes the analyst consensus of $464.2 million. Aviat Networks Q1 2027: Margin Collapse Offset by Record Bookings Aviat fiscal 2027 outlook
- Neutral Sentiment: B. Riley reaffirmed its Buy rating but trimmed its price target to $32 from $33. The revised target still implies substantial upside relative to the cited $16.44 share price, though the reduction tempers the endorsement. B. Riley stock recommendations
- Negative Sentiment: First-quarter adjusted earnings were $0.12 per share, well below estimates of about $0.30–$0.32 and down from $0.43 a year earlier. Revenue of $101.97 million also missed the $103.55 million consensus. Reports highlighted margin deterioration, which can weigh on profitability despite strong bookings. Aviat Networks Q1 earnings and revenues miss estimates
Insider Activity
In other news, CEO Pete A. Smith sold 14,264 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $19.69, for a total value of $280,858.16. Following the sale, the chief executive officer directly owned 367,840 shares in the company, valued at approximately $7,242,769.60. This trade represents a 3.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Erin Boase sold 1,347 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $19.69, for a total transaction of $26,522.43. Following the completion of the sale, the vice president owned 28,275 shares in the company, valued at approximately $556,734.75. The trade was a 4.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 16,240 shares of company stock valued at $319,766. Insiders own 5.70% of the company’s stock.
Hedge Funds Weigh In On Aviat Networks
Institutional investors have recently added to or reduced their stakes in the stock. Tieton Capital Management LLC bought a new position in Aviat Networks in the 2nd quarter valued at approximately $15,017,000. Sei Investments Co. grew its stake in shares of Aviat Networks by 122.2% during the first quarter. Sei Investments Co. now owns 432,325 shares of the communications equipment provider’s stock worth $9,775,000 after buying an additional 237,761 shares during the last quarter. Squarepoint Ops LLC acquired a new position in shares of Aviat Networks during the second quarter worth $1,095,000. Bank of New York Mellon Corp acquired a new position in shares of Aviat Networks during the second quarter worth $1,076,000. Finally, Assenagon Asset Management S.A. bought a new position in shares of Aviat Networks in the 3rd quarter valued at $748,000. 78.62% of the stock is currently owned by institutional investors and hedge funds.
Aviat Networks Price Performance
Shares of NASDAQ:AVNW opened at $16.44 on Friday. The firm has a 50 day moving average of $19.70 and a 200-day moving average of $21.02. The stock has a market capitalization of $211.40 million, a PE ratio of -411.00 and a beta of 0.77. The company has a current ratio of 1.97, a quick ratio of 1.66 and a debt-to-equity ratio of 0.33. Aviat Networks has a 12 month low of $13.92 and a 12 month high of $27.02.
Aviat Networks (NASDAQ:AVNW – Get Free Report) last issued its quarterly earnings results on Tuesday, November 10th. The communications equipment provider reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.18). The firm had revenue of $101.97 million for the quarter, compared to the consensus estimate of $103.55 million. Aviat Networks had a positive return on equity of 4.10% and a negative net margin of 0.10%. On average, equities research analysts predict that Aviat Networks will post 2.09 EPS for the current fiscal year.
About Aviat Networks
Aviat Networks, Inc. provides wireless networking solutions for communications service providers, government agencies and enterprises. The company specializes in mission-critical connectivity for applications where reliable, high-capacity communications are essential, including telecommunications, public safety, utilities, transportation and defense. Its product portfolio includes microwave and millimeter-wave wireless transmission systems, routers, access and aggregation equipment, network management software and related cybersecurity solutions.
See Also
- Five stocks we like better than Aviat Networks
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for Aviat Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aviat Networks and related companies with MarketBeat.com's FREE daily email newsletter.
