Viasat stock gained 6.58 percent as FY2027 backlog reached USD 4.218 billion

Published on 10/07/2026 at 02:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 FY2027 revenue reached USD 1.2 billion on August 4, while net loss narrowed to USD 52 million. Analysts set a Moderate Buy consensus.

VSAT, US92552V1008, Illustration mit AI erstellt.

Viasat stock (ISIN US92552V1008) was last at USD 74.38 on Nasdaq on October 6, 2026 at 4:00 p.m. ET, up 6.58 percent from the previous session. The move came as investors weighed the satellite operator's expanding defense backlog against declining revenue in parts of its communications business.

Backlog reaches USD 4.218 billion

According to Viasat in its Q1 FY2027 shareholder letter dated August 4, 2026, company-wide backlog reached USD 4.218 billion, an increase of 19 percent from the prior-year quarter. Awards rose 10 percent year over year to USD 1.3 billion, giving the order book greater weight as management expects stronger growth in the second half of fiscal 2027.

The defense signal was stronger than the consolidated revenue trend. Defense and Advanced Technologies awards increased 22 percent to USD 524 million, while that segment's backlog rose 32 percent to USD 1.4 billion, according to the same quarterly letter from Viasat.

Revenue pressure remains visible

Viasat reported Q1 FY2027 revenue of USD 1.2 billion, down 1 percent year over year, while its net loss improved to USD 52 million from USD 56 million. Adjusted EBITDA declined 7 percent to USD 381 million, showing that higher defense and aviation activity has not yet fully offset weakness in fixed broadband and other legacy businesses.

The company generated USD 72 million in free cash flow during Q1 FY2027, up 19 percent year over year, and reported a net leverage ratio of 3.2 times, down 0.4 times from the prior-year period. Its fiscal 2027 outlook calls for mid-single-digit revenue growth, flat to slightly higher adjusted EBITDA, capital expenditures of USD 950 million to USD 1.0 billion, and free cash flow of USD 180 million, according to Viasat.

Analysts see further upside

According to MarketBeat on October 5, 2026, 11 analysts held a Moderate Buy consensus with an average price target of USD 90.67. That target lies 21.90 percent above the October 6 price of USD 74.38, although the range between a USD 49.00 low target and a USD 140.00 high target points to wide disagreement.

MarketBeat also reported on October 5 that Viasat senior vice president Benjamin Edward Palmer sold 2,000 shares at an average price of USD 69.87 on October 1. The transaction adds an insider-selling counterpoint to the stronger defense order picture.

Viasat stock stays below yearly high

Viasat stock was last at USD 74.38 on Nasdaq on October 6, 2026, with a session range of USD 70.20 to USD 75.93. The price stood 2.04 percent below the 52-week high and the company had a market capitalization of USD 10.2 billion, keeping execution against the defense backlog central to the valuation.