VSAT official logo VSAT
VSAT 5-star rating from Upturn Advisory
ViaSat Inc (VSAT) company logo

ViaSat Inc (VSAT)

ViaSat Inc (VSAT) 5-star rating from Upturn Advisory
$33.57
Last Close (24-hour delay)
upturn advisory logo
PASS
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

12/02/2025: VSAT (5-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 5 star rating for performance

Outstanding Performance

These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.

Number of Analysts

2 star rating from financial analysts

9 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $36.25

1 Year Target Price $36.25

Analysts Price Target For last 52 week
$36.25 Target price
52w Low $7.36
Current$33.57
52w High $43.59

Analysis of Past Performance

Type Stock
Historic Profit 77.93%
Avg. Invested days 25
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 4.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/02/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.54B USD
Price to earnings Ratio -
1Y Target Price 36.25
Price to earnings Ratio -
1Y Target Price 36.25
Volume (30-day avg) 9
Beta 1.36
52 Weeks Range 7.36 - 43.59
Updated Date 12/2/2025
52 Weeks Range 7.36 - 43.59
Updated Date 12/2/2025
Dividends yield (FY) -
Basic EPS (TTM) -4.02

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-05
When After Market
Estimate -0.06
Actual 0.09

Profitability

Profit Margin -11.4%
Operating Margin (TTM) 3.58%

Management Effectiveness

Return on Assets (TTM) 0.46%
Return on Equity (TTM) -10.17%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 10264634555
Price to Sales(TTM) 0.99
Enterprise Value 10264634555
Price to Sales(TTM) 0.99
Enterprise Value to Revenue 2.24
Enterprise Value to EBITDA 8.25
Shares Outstanding 135263968
Shares Floating 131101896
Shares Outstanding 135263968
Shares Floating 131101896
Percent Insiders 5.78
Percent Institutions 98.69

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

ViaSat Inc

ViaSat Inc(VSAT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

ViaSat Inc. was founded in 1986. Initially focused on satellite communication equipment, it expanded into satellite services, broadband internet, and cybersecurity. Significant milestones include the launch of its ViaSat-1 satellite and the acquisition of Inmarsat.

Company business area logo Core Business Areas

  • Satellite Services: Provides satellite-based broadband internet services for residential, enterprise, and government customers. Includes the ViaSat internet service.
  • Commercial Networks: Develops and sells satellite networking equipment and solutions for commercial customers, including airlines and maritime operators.
  • Government Systems: Offers satellite communication solutions, cybersecurity products, and tactical data links for government and military applications.

leadership logo Leadership and Structure

Mark Dankberg is the Chairman of the Board and CEO (co-CEO with Michael J. Galletti). The company has a typical corporate structure with executive leadership overseeing various business units.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • ViaSat Internet: Satellite-based broadband internet service for residential and business customers. Competitors include HughesNet (DISH) and Starlink (SpaceX). Market share estimated around 25% in the satellite internet market (subject to change post Inmarsat acquisition).
  • Exede In-flight Internet: In-flight internet service provided to airlines. Competitors include Gogo (GOGO) and Intelsat (INTE).
  • Government Communication Systems: Secure communication systems for government and military applications. Competitors include Lockheed Martin (LMT) and Northrop Grumman (NOC).

Market Dynamics

industry overview logo Industry Overview

The satellite communications industry is experiencing growth driven by increasing demand for broadband connectivity, particularly in underserved areas. Consolidation is occurring, with major players acquiring smaller companies to expand their capabilities.

Positioning

ViaSat is a major player in the satellite communications industry, known for its high-capacity satellites and broadband services. Its competitive advantages include its vertically integrated business model and its focus on innovation.

Total Addressable Market (TAM)

The TAM for satellite internet and communication services is estimated to be in the tens of billions of dollars. ViaSat's positioning is strong, particularly after the Inmarsat acquisition, giving it access to a larger portion of this TAM.

Upturn SWOT Analysis

Strengths

  • High-capacity satellite technology
  • Vertically integrated business model
  • Strong relationships with government customers
  • Global presence after Inmarsat acquisition

Weaknesses

  • High capital expenditures for satellite development
  • Dependence on satellite launches and technology
  • Competition from terrestrial broadband providers
  • Customer service challenges in some areas

Opportunities

  • Expanding demand for satellite internet in rural areas
  • Growth in the in-flight connectivity market
  • Increasing adoption of satellite communication in IoT applications
  • Further expansion into international markets

Threats

  • Competition from Starlink and other low Earth orbit (LEO) satellite providers
  • Technological advancements in terrestrial broadband
  • Economic downturn impacting consumer spending
  • Regulatory changes affecting satellite operations

Competitors and Market Share

Key competitor logo Key Competitors

  • DISH
  • GOGO
  • LMT
  • NOC
  • TSAT

Competitive Landscape

ViaSat faces intense competition from established satellite operators and emerging LEO satellite providers. Its advantages include its high-capacity satellites and its focus on customer service. Disadvantages include its high capital expenditures and its dependence on satellite technology.

Major Acquisitions

Inmarsat

  • Year: 2023
  • Acquisition Price (USD millions): 7300
  • Strategic Rationale: This acquisition creates a leading global communications innovator with enhanced scale and scope, expanding ViaSatu2019s reach and capabilities.

Growth Trajectory and Initiatives

Historical Growth: ViaSat has experienced revenue growth driven by the expansion of its satellite internet services and government contracts. The company's growth has been somewhat volatile due to high capital expenditures and competitive pressures.

Future Projections: Analysts project continued revenue growth for ViaSat, driven by the increasing demand for satellite connectivity and the integration of Inmarsat. Profitability is expected to improve as the company leverages its expanded scale.

Recent Initiatives: The acquisition of Inmarsat is a major strategic initiative. Other recent initiatives include the development of new satellite technologies and the expansion of its service offerings.

Summary

ViaSat is a significant player in the satellite communications market with a strong focus on innovation and expansion. The Inmarsat acquisition significantly strengthens its global presence. However, the company faces challenges related to high capital costs and increasing competition, especially from LEO satellite services. Future growth depends on successful integration and adapting to a rapidly evolving industry.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About ViaSat Inc

Exchange NASDAQ
Headquaters Carlsbad, CA, United States
IPO Launch date 1996-12-03
Co-Founder, Chairman & CEO Mr. Mark D. Dankberg
Sector Technology
Industry Communication Equipment
Full time employees 7000
Full time employees 7000

Viasat, Inc. provides broadband and communications products and services in the United States and internationally. It operates through Communication Services; and Defense and Advanced Technologies segments. The company offers satellite-based broadband and narrowband communications solutions; broadband services, including broadband internet access and voice over internet protocol; fixed and mobile broadband and narrowband services; develops and sells satellite, wireless products, and terminals; and design, develop, and produce space system solutions for geostationary, medium, and low earth orbit. It also provides in-flight connectivity, narrowband safety operational data, and other complementary services; multimedia connectivity for military and government; tactical and beyond-line-of-sight communications; intelligence surveillance and reconnaissance; L-band advanced communications element terminals; enterprise connectivity solutions; Internet-of-Things; and L-band managed, energy, and prepaid internet services. In addition, the company offers networking, cybersecurity, and information assurance products and services; high assurance internet protocol encryption solutions; MOJO expeditionary tactical gateway; government satellite communication systems, mobile and fixed broadband modems, ground and airborne terminals, antennas and gateways, Ka-band earth stations, and other multi-band/multi-function antennas, as well as design products for manpacks, aircraft, unmanned aerial vehicles, seagoing vessels, ground-mobile vehicles, space-based systems, and fixed applications. Further, it designs and develops GEO, LEO, and MEO satellites, payload, antenna technologies, and other small satellite platforms; develops commercial communication satellite product, orchestration of sovereign and multi-orbit solutions, and direct-to-device; and licenses intellectual property. Viasat, Inc. was incorporated in 1986 and is headquartered in Carlsbad, California.