Wall Street Analysts Predict a 108.35% Upside in ViaSat (VSAT): Here's What You Should Know

Core Viewpoint - Shares of ViaSat (VSAT) have increased by 12% over the past four weeks, closing at $8.98, with a mean price target of$18.71 indicating a potential upside of 108.4% [1] Price Targets and Analyst Estimates - The mean estimate consists of seven short-term price targets with a standard deviation of $16.75, where the lowest estimate is$9 (0.2% increase) and the highest is $56 (523.6% increase) [2] - A low standard deviation among price targets suggests a high degree of agreement among analysts regarding the stock's price movement [7] Earnings Estimates and Analyst Agreement - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [9] - Over the last 30 days, three earnings estimates for the current year have increased, leading to a Zacks Consensus Estimate rise of 79.7% [10] Zacks Rank and Investment Potential - ViaSat holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential upside [11] Caution on Price Targets - While consensus price targets can provide insights, they should not be the sole basis for investment decisions due to historical inaccuracies in predicting actual stock price movements [5][8]