Viasat shares VSAT surged 10% on Tuesday, extending Monday's 23% rally as investors continued to react to a series of defense contract wins, growing optimism in the satellite sector, and a bullish analyst outlook. The stock has drawn increased attention following multiple US Space Force awards that strengthen its position in secure satellite communications.
VSAT's secure satellite communications, mission-critical networking and cybersecurity tools position it to benefit as defense operations depend on digital connectivity.
Global defense budgets are undergoing a significant reallocation. Capital that historically flowed into terrestrial armor and traditional naval assets is rapidly moving upward.
Viasat offers growth catalysts in ViaSat-3, Defense & Advanced Technologies, and Equatys but remains capital intensive with high debt. At $72, VSAT trades at 9.5x FY2027 EV/EBITDA with only $180M free cash flow, making the risk/reward unattractive; a hold is warranted. The Defense & Advanced Technologies segment is outpacing Communication Services, with record backlog and strong contract wins, shifting VSAT's strategic mix.
Viasat, Inc. (VSAT) Q4 2026 Earnings Call Transcript
VSAT's Q4 FY26 revenues and earnings miss estimates, even as broadband demand, defense growth and a bigger backlog lift results.
Viasat NASDAQ: VSAT reported record backlog, modest revenue growth and positive free cash flow for fiscal 2026, while executives said the satellite communications company is positioning for growth from new satellite capacity, defense technology programs and a planned shared space infrastructure venture.
The headline numbers for ViaSat (VSAT) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
ViaSat (VSAT) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.25. This compares to a loss of $0.02 per share a year ago.
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