Core Viewpoint - Deutsche Bank upgraded shares of Viasat (VSAT) to "buy," highlighting the company's participation in low orbit satellite communications and its dual business model that includes defense and aviation technology [2][4]. Company Overview - Viasat has seen its stock price increase over 300% in the past year, driven by demand for Wi-Fi communications and in-flight connectivity, as well as its role in complementing 5G communications [2][4]. - The company is undergoing a spin-off to create two separate divisions: one focused on traditional satellite communications and the other on defense and aviation [3][4]. Market Trends - The shift towards low orbit satellite communications is seen as a response to the need for uninterrupted connectivity, particularly in the context of autonomous driving and connected vehicles [7][9]. - The connected car market is expected to benefit from advancements in satellite communications, which may eventually replace traditional broadband services [8][9]. Analyst Insights - Analysts have mixed views on Viasat, with most leaning towards a "buy" rating, and price targets ranging from $20 to $52, indicating potential upside [11][12]. - Current trading is between the mid and high price targets, with earnings estimates for 2026 at $1.29, but a decrease to $0.64 expected for the next year, suggesting a need for contract renewals to maintain growth [13][14]. Future Outlook - The company's earnings growth will depend on guidance revisions and contract renewals, which will influence stock price movements [15].