VSAT Stock Hits Seven-Year High On Securing Department of War contract

• Contract for the procurement of space vehicles in support of the Protected Tactical Satellite-Global program 
• Expected to be completed by March 19, 2029. 
• Seven out of nine analysts rate the stock ‘buy’, one ‘hold’ and one ‘sell’, as per Koyfin.

Viasat (VSAT) share price jumped 5.4% on Friday and extended gains by 1% after-hours after securing a Department of War (DoW) contract to procure space vehicles. 

Viasat, along with Intelsat General Communications, has won a US$437.7 million firm-fixed-price, indefinite‐delivery and quantity contract for the procurement of space vehicles in support of the Protected Tactical Satellite-Global program. 

The contract win comes on the back of significant investor interest in space-related stocks ahead of the SpaceX IPO. VSAT is looking to expand its footprint in the defense and advanced space technologies sector. 

Focused on hardware and communication services, VSAT is a major player in the technology industry with a market capitalization of roughly $10.13 billion. The company offers satellite and wireless networking solutions, as well as high-speed fixed and mobile broadband services. A substantial portion of its revenue comes from its communications services division, which serves both the commercial mobility and government sectors.

VSAT also finds itself among the top holdings of space-related exchange-traded funds (ETFs). 

Top ETFs, including Procure Space ETF (UFO) and Vaneck Space ETF (WARP), place VSAT among their top three holdings. Retail traders and mom-and-pop investors have bought space-related funds at the fastest rate since 2021, and Procure Space ETF (UFO) is the standout favorite, according to Vanda Research. 

VSAT’s Upcoming Earnings 

VSAT announced on Friday it will release its fourth quarter and fiscal year 2026 financial results on Thursday, May 28, 2026, after market close. 

VSAT missed revenue estimates in Q2 and Q3 of FY26, but beat earnings expectations for three consecutive quarters ending December 2025. 

In Q3, revenue came in at $1.16 billion, lower than expectations of $1.17 billion, while reported earnings were $0.79 per share, against expectations of $0.24 per share. 

For Q4, analysts expect revenue of $1.2 billion and earnings of $0.32 per share, as per data from Fiscal.ai. 

VSAT Retail View 

Retail sentiment on Stocktwits was ‘bullish’ with ‘high’ message volumes. 

One user noted that VSAT was an affordable buy compared with other space stocks. 

The stock has jumped 116.4% year-to-date.

Read More: These Space ETFs Are Retail’s ‘Standout Favorite’ Ahead Of SpaceX IPO

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