On September 4, Viasat rose 5.4% in regular trading, reaching $75.59 per share with turnover of approximately $43.17 million. The rally was fueled by continued momentum around the revaluation of the company's spectrum assets.
On the news front, Morgan Stanley recently raised its price target on Viasat significantly to $95 from $51, attributing approximately $6.2 billion — or roughly $42 per share — to the company's potentially monetizable spectrum holdings, representing about 44% of the updated target. The bank highlighted a favorable supply-demand backdrop for mobile satellite spectrum, noting that demand for direct-to-device services has heightened spectrum scarcity. Separately, Oppenheimer maintained its outperform rating, calling the current stock price a buying opportunity given the spectrum monetization thesis.
Despite mixed fiscal Q1 results — revenue of $1.157 billion missed analyst estimates of $1.2 billion by roughly 3.6% — the company reiterated its fiscal 2027 guidance for mid-single-digit revenue growth. Analysts have broadly indicated that the spectrum story overshadows near-term operational results, with one firm estimating Viasat's wireless spectrum value at approximately $15 billion, exceeding its market capitalization.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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