Viasat, Inc. (VSAT): a likely value trap?

Avoid — the huge recent rally is driven by satellite M&A speculation and spectrum hype, not by an actual turn to profitability.

⚠ TRAP Fundamentals42/100

Down 24% from its all-time high of $94.25 — now $71.48

Why VSAT dropped

VSAT stock has exploded roughly 800% off its 52-week low (~$14) largely on sector sentiment — Rocket Lab's acquisition of Iridium sparked speculation that Viasat's spectrum is undervalued, plus a wave of analyst price-target hikes (Oppenheimer $140, Deutsche Bank $97, etc.) — while the underlying business is still unprofitable and its core fixed-broadband and maritime segments continue to shrink.

Fwd P/E 177.2Op margin -1.8%Rev growth 2.1%Debt/equity 146.7%Analyst upside 32.3%

How this scored 42/100 ❌ fails 1 hard check

❌ Fails 1 hard check — these are pass/fail and override the score entirely.

❌ Makes money not profitable (and no credible path to profit)

✅ Generates cash Free cash flow $255M

✅ Not drowning in debt Debt/equity 146.7% (limit 200%)

✅ Can pay its bills Current ratio 2.4 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 0/25

Operating margin -1.8% 0/9

Net profit margin -0.7% 0/8

Return on equity 0.1% 0/8

Growth Is it getting bigger, or dying? 13/25

Revenue growth 2.1% 2/9

Earnings growth unknown 2/8

Expected profit change 261.3% 8/8

Value Is it cheap right now? 12/25

Forward P/E 177.2 0/10

PEG ratio 0.3 8/8

Analyst target upside 32.3% 4/7

Balance sheet Will it survive? 17/25

Debt / equity 146.7% 3/10

Current ratio 2.4 8/8

Free cash flow $255M 7/7

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Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-07-20. Research only — not financial advice.