What Happened?
Shares of global satellite communications provider Viasat (NASDAQ: VSAT) jumped 4% in the morning session after an analyst at William Blair reiterated an Outperform rating on the company's stock.
The positive commentary followed a move by competitor L3Harris, with the analyst suggesting that L3Harris's proposed spinout might inspire Viasat to follow a similar path. This potential for a corporate restructuring was viewed favorably. The bullish outlook was also supported by the company's performance in its In-Flight Connectivity (IFC) segment, which had reported a 14% year-over-year increase in revenue. This growth was driven by higher service use and expansion.
After the initial pop the shares cooled down to $42.11, up 4.3% from previous close.
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What Is The Market Telling Us
Viasat’s shares are extremely volatile and have had 64 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
Viasat is up 11.9% since the beginning of the year, and at $42.11 per share, it is trading close to its 52-week high of $43.46 from January 2026. Investors who bought $1,000 worth of Viasat’s shares 5 years ago would now be looking at an investment worth $1,218.
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