Viasat stock gains 2.35 percent on Marine Corps contract news.

Published on 10/04/2026 at 11:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Viasat stock was last at USD 72 on October 2, 2026, after a USD 42 million Marine Corps task order. Q1 revenue fell 1 percent to USD 1.2 billion.

VSAT, US92552V1008, Illustration mit AI erstellt.

Viasat stock (ISIN US92552V1008) was last at USD 72 on Nasdaq on October 2, 2026, up 2.35 percent from the prior session. The move followed a USD 42 million initial task order announced on September 23, 2026, under a seven-year U.S. Marine Corps contract with a ceiling of USD 307 million.

Defense contract adds visible backlog

According to GlobeNewswire on September 23, 2026, Viasat received the first task order through its Inmarsat Government subsidiary. The company will provide managed satellite connectivity across L-, Ku- and Ka-bands, with services spanning multiple orbits and supporting Marine Corps communications.

The initial award equals 13.7 percent of the contract ceiling, giving the announcement a concrete near-term value while leaving additional delivery potential over the seven-year term. The contract also includes network monitoring, bandwidth management and cybersecurity services, which broadens the award beyond satellite capacity alone.

Revenue slips while loss narrows

In its Q1 fiscal 2027 shareholder letter, Viasat reported revenue of USD 1.2 billion for the quarter ended June 30, 2026, down 1 percent year over year. Net loss was USD 52 million, compared with USD 56 million in Q1 fiscal 2026, so the top line weakened while the loss narrowed by USD 4 million.

The quarterly mix matters for the contract story: Defense and Advanced Technology revenue declined 4 percent year over year, while Communication Services revenue remained flat, according to the same shareholder letter. The Marine Corps award therefore adds a defense order at a time when that segment was the weaker reported contributor.

Analysts see room above USD 72

MarketBeat reported on September 30, 2026, that 11 analysts held a Moderate Buy consensus, including seven Buy ratings, one Strong Buy, two Holds and one Sell. The average 12-month price target was USD 90.67, which is 25.9 percent above the USD 72 reference price.

Viasat stock remains below its USD 93.03 52-week high and above its USD 29.13 low. The range shows that the contract headline is being priced within a wide trading history rather than at a new yearly peak.

Viasat stock holds above USD 70

Viasat stock was last at USD 72 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, with a USD 9.9 billion market capitalization and 1,885,582 shares traded. The stock's USD 2.35 daily gain gives the Marine Corps award a positive market read, while the latest quarterly figures keep execution and segment growth central to the investment case.