Viasat stock dropped 16% due to disappointing earnings and a delay in satellite deployment

From Nasdaq: 2025-05-23 18:30:00

Investors pushed Viasat (NASDAQ: VSAT) shares down 16% following disappointing quarterly earnings and a price target cut. The company reported a surprise net loss of $0.02 per share, missing analysts’ profit estimate of $0.04 per share. Revenue of nearly $1.15 billion was flat year over year. The delay in satellite deployment to early 2026 further impacted the stock. Needham analyst Ryan Koontz reduced the price target to $16 per share, but maintained a buy recommendation. Viasat remains a speculative investment with potential for high volatility. Consider other top stock picks for potential returns.



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