VSAT Stock Analysis: ViaSat | NASDAQ
Communication Equipment | NASDAQ, USA | Market Cap: 10.059m USD | 12M Return: 143.2% | US92552V1008 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 117M
Qual. Beats: 0
Rev. Trend: 72.9%
Qual. Beats: -2
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Viasat, Inc. (NASDAQ: VSAT) is a U.S.-based provider of broadband and communications products and services, operating across commercial and government/defense markets. The company is organized into two segments: Communication Services, which includes satellite-based broadband internet, narrowband communications, and in-flight connectivity, and Defense and Advanced Technologies, which supplies tactical, beyond-line-of-sight, and other mission-critical communications for military and government customers. Viasat also designs and manufactures satellite and ground hardware, encryption and cybersecurity products, and develops GEO, LEO, and MEO satellite systems and payloads, while licensing related intellectual property.
Founded in 1986 and headquartered in Carlsbad, California, Viasat has been listed since 1996 and is classified as a large-cap Information Technology company in the Communications Equipment sub-industry. Its business model spans service revenue (such as broadband subscriptions and managed connectivity), equipment sales (modems, terminals, and antennas), and government/defense contract work, with a growing emphasis on multi-orbit satellite solutions and direct-to-device technology.
- Starlink LEO competition pressures satellite broadband pricing and market share
- Defense segment revenue grows on government satellite communication contracts
- Inmarsat integration expands commercial aviation connectivity footprint
| Net Income: -29.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 3.23 > 1.0 |
| NWC/Revenue: 27.06% < 20% (prev 28.36%; Δ -1.30% < -1%) |
| CFO/TA 0.11 > 3% & CFO 1.59b > Net Income -29.4m |
| Net Debt (5.67b) to EBITDA (1.79b): 3.16 < 3 |
| Current Ratio: 1.68 > 1.5 & < 3 |
| Outstanding Shares: last quarter (136.2m) vs 12m ago 3.48% < -2% |
| Gross Margin: 30.41% > 18% (prev 32.51%; Δ -2.10% > 0.5%) |
| Asset Turnover: 30.83% > 50% (prev 30.64%; Δ 0.19% > 0%) |
| Interest Coverage Ratio: 1.42 > 6 (EBIT TTM 467.7m / Interest Expense TTM 329.7m) |
| A: 0.08 (Total Current Assets 3.10b - Total Current Liabilities 1.85b) / Total Assets 15.1b |
| B: -0.03 (Retained Earnings -411.4m / Total Assets 15.1b) |
| C: 0.03 (EBIT TTM 467.7m / Avg Total Assets 15.0b) |
| D: 0.45 (Book Value of Equity 4.64b / Total Liabilities 10.4b) |
| Altman-Z'' = 1.13 = BB |
| DSRI: 1.07 (Receivables 744.4m/686.2m, Revenue 4.63b/4.56b) |
| GMI: 1.07 (GM 32.51% / 30.41%) |
| AQI: 0.92 (AQ_t 0.29 / AQ_t-1 0.31) |
| SGI: 1.01 (Revenue 4.63b / 4.56b) |
| TATA: -0.11 (NI -29.4m - CFO 1.59b) / TA 15.1b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of September 30, 2026, the stock is trading at USD 69.09 with a total of 1,481,492 shares traded. Over the past week, the price has changed by -7.87%, over one month by +2.71%, over three months by -9.91% and over the past year by +143.19%.
Current recommended Stop Loss: 64.30 (which is 6.9% or 1.2 ATR below the current price).
ViaSat has received a consensus analysts rating of 4.22. Therefore, it is recommended to buy VSAT.
- StrongBuy: 4
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 103.9 | 50.4% |
P/E Forward = 144.9275
P/S = 2.1745
P/B = 2.1878
P/EG = 0.2586
Revenue TTM = 4.63b USD
EBIT TTM = 467.7m USD
EBITDA TTM = 1.79b USD
Long Term Debt = 5.78b USD (from longTermDebt, last quarter)
Short Term Debt = 724.7m USD (from shortTermDebt, last quarter)
Debt = 7.41b USD (from shortLongTermDebtTotal, last quarter) + Leases 483.4m
Net Debt = 5.67b USD (calculated: Debt 7.41b - CCE 1.74b)
Enterprise Value = 15.7b USD (10.1b + Debt 7.41b - CCE 1.74b)
Interest Coverage Ratio = 1.42 (Ebit TTM 467.7m / Interest Expense TTM 329.7m)
EV/FCF = 27.21x (Enterprise Value 15.7b / FCF TTM 578.3m)
FCF Yield = 3.68% (FCF TTM 578.3m / Enterprise Value 15.7b)
FCF Margin = 12.50% (FCF TTM 578.3m / Revenue TTM 4.63b)
Net Margin = -0.64% (Net Income TTM -29.4m / Revenue TTM 4.63b)
Gross Margin = 30.41% ((Revenue TTM 4.63b - Cost of Revenue TTM 3.22b) / Revenue TTM)
Gross Margin QoQ = 35.70% (prev 25.19%)
Tobins Q-Ratio = 1.04 (Enterprise Value 15.7b / Total Assets 15.1b)
Interest Expense / Debt = 4.45% (Interest Expense 329.7m / Debt 7.41b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 369.5m (EBIT 467.7m * (1 - 21.00%))
Current Ratio = 1.68 (Total Current Assets 3.10b / Total Current Liabilities 1.85b)
Debt / Equity = 1.60 (Debt 7.41b / totalStockholderEquity, last quarter 4.64b)
Debt / EBITDA = 3.16 (Net Debt 5.67b / EBITDA 1.79b)
Debt / FCF = 9.81 (Net Debt 5.67b / FCF TTM 578.3m)
Total Stockholder Equity = 4.60b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.20% (Net Income -29.4m / Total Assets 15.1b)
RoE = -0.64% (Net Income TTM -29.4m / Total Stockholder Equity 4.60b)
RoCE = 4.51% (EBIT 467.7m / Capital Employed (Equity 4.60b + L.T.Debt 5.78b))
RoIC = 2.69% (NOPAT 369.5m / Invested Capital 13.8b)
WACC = 10.90% (E(10.1b)/V(17.5b) * Re(16.34%) + D(7.41b)/V(17.5b) * Rd(4.45%) * (1-Tc(0.21)))
Discount Rate = 16.34% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 77.47 | Cagr: 3.56%
[DCF] Terminal Value 70.18% ; FCFF base≈382.3m ; Y1≈438.3m ; Y5≈645.0m
[DCF] Fair Price = 7.35 (EV 6.69b - Net Debt 5.67b = Equity 1.01b / Shares 137.8m; r=10.90% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.35 | # QB: 0
Revenue Correlation: 72.87 | Revenue CAGR: 8.65% | SUE: -1.88 | # QB: -2
EPS current Quarter (2026-09-30): EPS=-0.01 | Chg30d=-114.89% | Revisions=-40% | Analysts=3
EPS next Quarter (2026-12-31): EPS=0.02 | Chg30d=-77.73% | Revisions=-40% | Analysts=3
EPS current Year (2027-03-31): EPS=0.09 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=-90.9% | GrowthRev=+4.5%
EPS next Year (2028-03-31): EPS=0.17 | Chg30d=-58.67% | Revisions=-50% | GrowthEPS=+77.3% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: -58% (up=1, down=8)