Secure networking systems
Search documents
Higher Interest Income Leads to Massive Earnings Overhaul for Viasat (VSAT)
Yahoo Finance· 2026-02-12 08:54
Core Viewpoint - Viasat Incorporated (NASDAQ:VSAT) is experiencing strong bullish sentiment among analysts, with a projected upside potential of around 8% based on a median price target of $48.50 [1]. Financial Performance - For the third quarter, Viasat reported revenue of $1.16 billion, slightly below the consensus estimate of $1.17 billion [2]. - The company achieved a net income of $25 million, a significant improvement from a net loss of $158 million in the previous year, primarily due to increased interest income from deferred Ligado payments [2]. Analyst Ratings - Following the third quarter results, Edison Yu from Deutsche Bank upgraded Viasat's rating from Hold to Buy and raised the price target from $36 to $48, indicating over 15% upside potential from the current level [3]. Company Overview - Viasat is a global provider of broadband and communication services, offering satellite-based broadband, narrowband communications, secure networking systems, and cybersecurity solutions. The company operates in two segments: Communication Services and Defense & Advanced Technologies [4].