We recently published 10 Stocks With Easy 15-30% Upside. Viasat Inc. is one of the best-performing stocks on Wednesday.
Viasat extended its winning streak to a sixth consecutive day on Wednesday to hit a new all-time high as investors took path from two investment firms’ higher price targets for its stock.
At intra-day trading, Viasat Inc. soared to its highest 52-week high of $28.58 before a slight selling pulled the company lower to end the day just up by 30.67 percent at $27.82 apiece.
In a recent review of Viasat Inc., investment firm Needham & Company raised its price target for the company to $25 from $16 previously, while giving it a “buy” recommendation.
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For its part, JPMorgan more than doubled its price target to $23 from $10 previously, but remained neutral on its stock.
In the first quarter of fiscal year 2026, Viasat Inc. widened its net loss by 71 percent to $56.4 million from $32.9 million in the same period last year. Revenues increased by 4 percent to $1.17 billion from $1.13 billion year-on-year.
