Analysts raised the average one-year price target for Viasat to $73.73. This revision marks a 30.24% increase from the previous $56.61 estimate. The new target implies a 9.75% upside from the recent closing price of $67.18. Individual analyst estimates range from a low of $20.20 to a high of $111.30 per share.
This positive sentiment persists despite potential regulatory headwinds in Europe. The European Commission reportedly favors EU-based companies in an upcoming S-band frequency auction. This policy could impact Viasat, which currently holds a license through its Inmarsat subsidiary.