ViaSat, Inc. (VSAT) Stock Price & How to Invest

Viasat is a satellite communications company that provides broadband internet and secure connectivity from space. It operates geostationary satellites that beam internet to homes, businesses, aircraft, ships, and government and military users in places where terrestrial networks do not reach. Its largest and best-known business is in-flight connectivity (IFC): Viasat provides the Wi-Fi on many commercial airlines. In 2023 it acquired Inmarsat, a major satellite operator, dramatically expanding its global maritime, aviation, and government communications footprint, but also loading the balance sheet with substantial debt. Viasat serves three broad markets: aviation (in-flight Wi-Fi), government and defense (secure, resilient communications and cybersecurity), and commercial fixed and mobile broadband. The company designs its own satellites and ground systems. Headquartered in Carlsbad, California, Viasat sits in a capital-intensive industry now being disrupted by low-Earth-orbit constellations like SpaceX's Starlink, making its competitive positioning and debt load central to its investment story.

Viasat's central risk is competition from low-Earth-orbit (LEO) constellations, especially SpaceX's Starlink and Amazon's Kuiper, which offer lower latency and aggressive pricing across aviation, maritime, and consumer broadband, threatening Viasat's geostationary model. The Inmarsat deal left Viasat with a heavy debt load, so deleveraging depends on synergies and free cash flow that are not guaranteed. Satellites are enormously capital-intensive and carry launch and in-orbit failure risk; Viasat has experienced satellite anomalies that impaired capacity. Consumer fixed broadband is in structural decline against fiber and LEO. The stock has been volatile and pressured by these structural concerns. Execution on integration, the next-generation ViaSat-3 fleet, and debt reduction all carry meaningful uncertainty.

10 analysts publish price targets on VSAT, averaging $94.14 against a $71.04 price as of July 2026, or +32.5%. The published targets run from $49.00 to $140.00, a wide spread, and the ratings split 9 buy, 2 hold, 0 sell. Over the last six months there have been 6 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full VSAT forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on ViaSat, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. In-flight connectivity leadership. Viasat is a leading provider of in-flight Wi-Fi to commercial airlines, with a large installed base and multi-year contracts. The most optimistic published target, $140.00, assumes this works close to its best case.

The case against. Viasat's central risk is competition from low-Earth-orbit (LEO) constellations, especially SpaceX's Starlink and Amazon's Kuiper, which offer lower latency and aggressive pricing across aviation, maritime, and consumer broadband, threatening Viasat's geostationary model. The most pessimistic target, $49.00, is roughly what VSAT is worth if this bites instead.

Read the full bull and bear case on VSAT, including what would have to change to break either one. Walnut is not an investment adviser.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see ViaSat, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$4.5 billion
• Adjusted EBITDA: ~$1.5 billion
• Operating margin: low single digits (GAAP, pressured by D&A and interest)
• Net debt: elevated post-Inmarsat (multiple turns of EBITDA)
• GAAP profitability: intermittent / loss-making at times
• Free cash flow: constrained by heavy capex and interest
• Market cap: ~$2-3 billion

Viasat trades at a low multiple relative to revenue and EBITDA, reflecting its heavy debt, capital intensity, and the structural threat from LEO constellations. The valuation embeds skepticism about deleveraging and competitive positioning. Bulls view it as a deep-value, asset-rich turnaround on EBITDA and government revenue; bears see secular disruption and balance-sheet risk.

If you want VSAT exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

Other names that sit close to VSAT: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get VSAT exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (AVUV, IJR, IWN), which spreads the position across many companies. Or build it into a focused thematic portfolio, so VSAT sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where VSAT fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Viasat (VSAT) is a deep-value, asset-rich situation whose case hinges on Inmarsat synergies, steady government revenue, and deleveraging against heavy debt, capital intensity, and satellite risk. In a portfolio it behaves as a volatile, speculative turnaround whose low multiple reflects skepticism about competing with Starlink rather than a stable compounder.

Whether VSAT is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is VSAT a buy or a sell?, and where the stock could go from here in the VSAT stock forecast.

For income investors, whether VSAT pays a dividend and how the payout looks is covered in does VSAT pay a dividend? And to weigh VSAT against a peer, read the full side-by-side comparisons: VSAT vs AMZN and VSAT vs GEO.