Target Price $48... US Satellite Communication Stocks Surge by 1 Trillion Won in a Day
By ATTN Desk · Editorial oversight: Sean Han
Satellite communications company Viasat Inc. (NASDAQ: VSAT) saw its share price surge 11% on the Nasdaq on the 8th, closing at $46.28. Its market capitalization climbed to about $6.26 billion—roughly KRW 9.1 trillion—implying a one‐day gain of approximately $770 million (around KRW 1.1 trillion). (fx-rate.mobi)
Analysts point to Deutsche Bank’s upgrade of Viasat’s rating to “Buy” and its raise of the price target from $36 to $48, as well as the company’s return to profitability in the latest quarter with earnings that exceeded market expectations. (gurufocus.com) Earlier “Buy” recommendations and $40‐range targets from major brokerages—including Needham—have also supported investor sentiment. (defenseworld.net)
Viasat is a global satellite operator offering broadband, in‐flight connectivity, and military communications networks. After acquiring U.K.‐based Inmarsat in 2023 and completing its integration in 2025, the company undertook a senior executive reorganization. (viasat.com) Over the past year, Viasat’s stock has rallied more than 260%, displaying high volatility and fueling a reevaluation debate on Wall Street. (simplywall.st)