Viasat (VSAT, Financial) has announced that the GX10A and GX10B satellite payloads are now ready to offer services for government clients. These payloads, which completed in-orbit testing last year, were launched from Vandenberg Space Force Base in August 2024. Positioned on Space Norway’s Arctic Satellite Broadband Mission spacecraft, the payloads are part of a collaboration with the Norwegian Military and the U.S. Government, also incorporating a radiation monitoring system for the European Commission.
The primary objective of these satellite payloads is to enhance broadband coverage in the Arctic, a region experiencing increasing demand for connectivity from both governments and commercial sectors, including maritime and aviation industries. Viasat's strategic expansion will boost its global coverage, particularly in the Arctic region, and aligns with the company's roadmap for delivering comprehensive multi-orbit services.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Viasat Inc (VSAT, Financial) is $20.67 with a high estimate of $56.00 and a low estimate of $10.00. The average target implies an upside of 113.28% from the current price of $9.69. More detailed estimate data can be found on the Viasat Inc (VSAT) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Viasat Inc's (VSAT, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Viasat Inc (VSAT, Financial) in one year is $29.33, suggesting a upside of 202.68% from the current price of $9.69. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Viasat Inc (VSAT) Summary page.
