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Viasat Inc. stock reached a new 52-week high, trading at $29.41, showcasing a significant milestone for the company. According to InvestingPro data, the stock’s technical indicators suggest overbought conditions, with analyst price targets ranging from $10 to $52. This achievement reflects a remarkable year-to-date return of 231.49%, including an impressive 225.37% gain over the past six months. The technology company, known for its advancements in satellite and wireless networking, has experienced considerable growth, attracting investor interest and confidence. With a market capitalization of $3.8 billion, Viasat’s momentum has caught the attention of analysts, though InvestingPro analysis indicates the stock may be overvalued at current levels. As Viasat continues to expand its market presence, the stock’s recent performance highlights its potential for future growth and stability in a competitive industry. Discover 13 additional exclusive insights and detailed technical analysis available on InvestingPro.
In other recent news, Viasat Inc. reported its first-quarter fiscal year 2026 earnings, revealing a revenue of $1.17 billion, surpassing the forecasted $1.13 billion. This revenue growth, despite a net loss, has positively influenced investor sentiment. JPMorgan responded to these strong results by raising its price target for Viasat to $23 from $10, maintaining a Neutral rating. The firm highlighted Viasat’s ongoing strategic review of its Defense and Aerospace Technologies assets, noting potential value unlocking, although a spin or separation is deemed unlikely soon.
Deutsche Bank downgraded Viasat from Buy to Hold, adjusting the price target to $28, citing the stock’s 185% surge since March as a reason for a more balanced risk/reward profile. Viasat also introduced its HaloNet portfolio, which provides modular capabilities for multi-orbit satellite communications, enhancing connectivity for space vehicles. Additionally, the company announced the upcoming retirement of James Dodd, Senior Vice President and President of Commercial Services, effective November 1, 2025. Mr. Dodd will remain with Viasat as a non-executive employee until the end of 2025.
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