Positive context积极背景
Stocks股票 / Tech / VSAT
Viasat, Inc. · Tech
VSAT US listed · USD美股 · 美元
Mid cap中盘 · $8B
Tech
S&P 600标普600小盘Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$61.47
Regular quote常规时段报价
+$2.47 · +4.19%
Extended quote unavailable. Showing the regular quote.盘前盘后报价暂不可用，现显示常规时段报价。
Pre-market盘前
·
52w low52周低 $29.04high高 $94.02
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-10-26截至 2026-10-26
Company news公司新闻
The latest reporting最新报道
One story, with the reporting behind it.将同一事件汇总，保留各来源报道。
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-10-26
Momentum (RSI 14)动量（RSI 14）
41
Neutral zone中性区域
vs 50-day average相对50日均线
-13.0% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
-2.5% below下方
Long trend down长期向下
Volatility波动率
34th percentile第34百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
next report下次财报 2026-11-0612
Estimates being cut预期下调
Beat in 3 of last 4 quarters近 4 季中 3 季超预期
Post-earnings drift: -17.2% (20d)财报后漂移：-17.2%（20日）
EPS surprise vs consensus, last quarters每股收益相对预期的超预期幅度（近几个季度） · average平均 178.0%
Valuation估值
Looks cheap vs sector相对行业偏便宜| Multiple指标 | VSAT | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| P/B市净率 | 1.75x | 5.30 | |
| P/S市销率 | 1.72x | 4.80 | |
| Earnings yield盈利收益率 | -0.43% | 2.11 | |
| EV/EBITDA企业价值/EBITDA | 5.51x | 27.70 |
"Cheaper than" = share of sector peers trading richer on that multiple.「相对便宜」= 行业中该指标估值更高的同行占比。
Financials财务数据
fiscal years财年Revenue营业收入
$4.6B2026
20212026
5-yr growth5年复合增速 15.5%
Earnings per share每股收益
$-0.252026
20212026
Free cash flow自由现金流
-$709.1M2023
20212026
Operating margin营业利润率
2.3%
Net margin净利率
-0.7%
FCF margin自由现金流利润率
34.3%
Balance-sheet quality财务体质 5/7
Bankruptcy risk: distress zone破产风险：警戒区
Return on equity股本回报率 -1%
Warning警示
Leverage杠杆
Net debt / EBITDA净债务/EBITDA-1.47
Current ratio流动比率2.41
Capital allocation资本配置
Stock-based comp股权薪酬$81.1M
Share count change (1y)股数变化（1年）+3.5%
Debt coming due到期债务
FY2026 10-KIn the 12-month bucket following fiscal period end 2026-03-31, it reported $57.8M due — about 1% of its disclosed principal.在财年期末 2026-03-31 之后12个月的区间内，已披露到期本金为 $57.8M，约占其披露本金的 1%。
All maturity buckets are measured from fiscal period end 2026-03-31, not from today.所有到期区间均从财年期末 2026-03-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
$57.8M
Year 2第2年
$655.3M
Year 3第3年
$1.1B
Year 4第4年
$3.2B
Year 5第5年
$1.3B
After year 55年以后
$175.3M
A cash-flow scenario is unavailable until the filing inputs are verified.报告数据核实前，现金流情景暂不可用。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001193125-26-248290, period ending报告期截至 2026-03-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-10-05T09:40:00.595466+00:00.
6/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonthsLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Sector / Theme行业/主题
Space Economy theme — #39 of 49 themes「太空经济」主题 — 49 个主题中第 39 位
Macro宏观
Rate risk runs through its market / growth beta, not a distinct duration leg.其利率风险通过市场／成长beta体现，并无独立的久期暴露。
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
VSAT StochRSI turned up from oversoldVSAT StochRSI自超卖区上行
Options positioning期权持仓
as of last close截至上一收盘Market makers are net short gamma — price moves may amplify做市商净持有负伽玛，价格波动可能被放大
Expected daily move预期日波动
±5.27%
Expected weekly move预期周波动
±11.78%
25d risk reversal25d风险逆转
-13.3%
Skew: fear偏斜：避险
Call and put walls are plotted on the Trade levels ladder →看涨/看跌期权墙已标注在「交易点位」阶梯上 →
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$52.6M net (0 buyers, 7 sellers)-$52.6M 净值（0 买家，7 卖家）
Concentrated ownership集中持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | As of截至 |
|---|---|---|---|---|
| Oaktree Capital Management | A | New position新建仓 | 1.0% | 2026-06-30 |
Signal history信号历史
engine events引擎事件
NEARING A LOW → DOWNTREND接近低点 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle, which historically means the larger trend is rolling over (~80% of cases). Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点，历史上这通常意味着更大的趋势正在掉头向下（约 80% 的情形）。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Oct 21, 2026
VSAT StochRSI turned up from oversoldVSAT StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $62.59.StochRSI重回20上方 — 下行动量趋缓的最早预警。$62.59。
Oct 14, 2026
VSAT lost its 200-day averageVSAT 跌破200日均线
Price closed below the 200-day moving average — the classic bear dividing line. $61.73.收盘跌破200日均线 — 经典的空头分界线。$61.73。
Oct 12, 2026
VSAT broke down vs the marketVSAT 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $67.66.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$67.66。
Oct 8, 2026
UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点
GET READY准备
Oct 8, 2026
VSAT broke down vs the marketVSAT 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $67.41.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$67.41。
Oct 7, 2026
VSAT daily MACD crossed downVSAT 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $70.87.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$70.87。
Oct 6, 2026
VSAT daily MACD crossed upVSAT 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $74.38.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$74.38。
Oct 2, 2026
VSAT StochRSI turned up from oversoldVSAT StochRSI自超卖区上行
StochRSI popped back above 20 — the earliest oscillator heads-up that downside momentum is easing. $72.00.StochRSI重回20上方 — 下行动量趋缓的最早预警。$72.00。
Showing the last 15 of显示最近15条，共 288 signals条信号
Company profile公司档案
Style DNA — how it trades vs the market风格基因 — 相对市场的交易特征
Value价值
Below market低于市场
Quality质量
Above market高于市场
Investment资本投入
Above market高于市场
Low volatility低波动
Below market低于市场
Low market beta低市场敏感度
Below market低于市场
Earnings quality盈利质量
Below market低于市场
Short interest空头兴趣
Above market高于市场
Watch items — what could change the story关注项 — 可能改变故事的因素
- Capital intensity rising
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Valuation vs sector估值对比行业
| Multiple指标 | This stock本股 | Sector median行业中位 | Cheaper than相对便宜 |
|---|---|---|---|
| Price / Book市净率 | 1.8× | 5.3× | 90% |
| Price / Sales市销率 | 1.7× | 4.8× | 81% |
| EV / EBITDAEV/EBITDA | 5.5× | 27.7× | 97% |
| Earnings yield盈利收益率 | -0.4% | 2.1% | 9% |
| Free-cash-flow yield自由现金流收益率 | 19.9% | 3.9% | 98% |
Relative strength相对强度
vs market, 1 month相对大盘（1个月）
97/100 — stronger than most强于多数
vs market, 3 months相对大盘（3个月）
24/100 — weaker than most弱于多数
vs market, 6 months相对大盘（6个月）
71/100 — stronger than most强于多数
vs market, 12 months相对大盘（12个月）
96/100 — stronger than most强于多数
Rank in sector行业内排名
#37 / 220
0–100 percentile of total return vs all covered stocks.总回报在全部覆盖股票中的百分位（0–100）。
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | +4.5% | -0.4% |
| 1 Month近1月 | -16.6% | -1.0% |
| 3 Months近3月 | -14.3% | +3.1% |
| 6 Months近6月 | -0.8% | +7.0% |
| Year to date年初至今 | +63.4% | +12.1% |
| 1 Year近1年 | +64.6% | +14.4% |
| 3 Years近3年 | +209.8% | +86.0% |
Trading information交易信息
Beta vs market贝塔
3.26
Volatility rank波动率分位
34th pctile
Short interest空头占比
9.1% of float
Market cap市值
$8B
EPS (trailing)每股收益
$-0.26
Off 52-week high距52周高点
-31.6%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | 20262026 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | $2.3B | $2.8B | $2.6B | $4.3B | $4.5B | $4.6B |
| EPS每股收益 | $0.06 | $-0.21 | $14.29 | $-9.12 | $-4.48 | $-0.25 |
| Free cash flow自由现金流 | $-100M | $-433M | $-709M | — | — | — |
| Gross margin毛利率 | — | — | — | — | — | — |
| Net margin净利率 | 0.8% | -0.1% | 42.4% | -25.0% | -12.7% | -0.7% |
| FCF margin自由现金流利润率 | -4.4% | -15.5% | -27.7% | — | — | — |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$4.6B
Net income净利润
$-34M
Operating cash flow经营现金流
$1.6B
Total assets总资产
$14.9B
Shareholder equity股东权益
$4.6B
Shares outstanding总股本
0.13B
Returns & growth回报与增长
Return on equity股本回报率
-0.7%
Return on assets资产回报率
-0.2%
Asset growth资产增速
-4.4%
Accounting quality checks会计质量检查
- Earnings quality: earnings cash-backed盈利质量：盈利有现金支撑
- Working capital: receivables +216% vs sales +106% — receivables outpacing sales, revenue-quality risk营运资本：应收 +216% 对销售 +106%——应收快于销售，营收质量风险
- Capital discipline: share count +99.3% over 6 years (dilution)资本纪律：股本 6 年增加 99.3%（稀释）
- Balance sheet: Altman Z 0.9 — distress zone资产负债表：Altman Z 0.9——困境区
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
41
RSI (2-day)RSI（2日）
62
vs 20-day average相对20日均线
-7.4%
vs 50-day average相对50日均线
-13.0%
vs 200-day average相对200日均线
-2.5%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down — turning up soon动能向下——接近转强
3-day3日线
momentum down动能向下
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
70/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Earnings — full detail财务业绩 — 完整明细
Surprise history超预期历史
| Quarter季度 | Reported实际 | Expected预期 | Surprise超预期 |
|---|---|---|---|
| Jun 2026 | $0.03 | $-0.06 | +150.0% |
| Mar 2026 | $-0.18 | $0.10 | -280.0% |
| Dec 2025 | $0.65 | $-0.10 | +750.0% |
| Sep 2025 | $-0.02 | $-0.25 | +92.0% |
Estimate revisions预期修正
Analysts covering覆盖分析师
3
Estimate direction预期调整方向
mostly cutting多数下调
Estimate change, 90 days预期变化（90天）
-58.7%
Net upgrades, 30 days净上调（30天）
-3
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Options — full detail期权持仓 — 完整明细
Dealer positioning map做市商持仓地图
Put wall看跌期权墙
$60
Upside magnet上方磁吸位
$80
Downside magnet下方磁吸位
$60
Net dealer gamma做市商净伽玛
+$0.0B
Walls and magnets are strikes with heavy open interest — price often slows or gravitates there.期权墙与磁吸位是未平仓集中的行权价 — 价格常在附近减速或被吸引。
Volatility pricing波动率定价
Implied volatility (30d)隐含波动率（30天）
1%
25-delta risk reversal25-delta风险逆转
-13.3%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Tracked funds holding it跟踪基金持仓
| Fund基金 | Grade评级 | Latest move最新动作 | % of book组合占比 | Position市值 |
|---|---|---|---|---|
| Oaktree Capital Management | A | New position新建仓 | 1.0% | $57M |
Fund positioning基金持仓概览
Tracked funds in the name持有该股的跟踪基金
1
Buying vs selling买入vs卖出
1 : 0
Quarterly trend季度趋势
{'direction': 'distributing', 'n_quarters': 11, 'holders_first': 1, 'holders_last': 0, 'holders_delta': -1, 'value_change_pct': -100.0, 'from_period': '2023-09-30', 'to_period': '2026-03-31', 'available_on': '', 'available_on_first': '2023-11-14', 'holders_series': [1, 1, 1, 1, 1, 1, 1, 1, 0, 0, 0]}{'direction': 'distributing', 'n_quarters': 11, 'holders_first': 1, 'holders_last': 0, 'holders_delta': -1, 'value_change_pct': -100.0, 'from_period': '2023-09-30', 'to_period': '2026-03-31', 'available_on': '', 'available_on_first': '2023-11-14', 'holders_series': [1, 1, 1, 1, 1, 1, 1, 1, 0, 0, 0]}
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$52.6M
Insider buyers vs sellers内部人买家vs卖家
0 : 7
Short interest空头占流通盘
9.1%
Days to cover回补天数
7.0
Short interest change空头变化
+4.3%
Recent fund flows近期基金流向
VanEck SpaceVanEck Space
trimming减持
SPDR S&P TelecomSPDR S&P Telecom
trimming减持
Roundhill SpaceRoundhill Space
trimming减持
Procure SpaceProcure Space
trimming减持
Invesco Aerospace & DefenseInvesco Aerospace & Defense
trimming减持
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Seasonality — full detail季节性 — 完整明细
Strongest month最强月份
Jan · 67%
Weakest month最弱月份
Sep · 25%
Month by month逐月统计
| Month月份 | Closed higher收涨占比 | Median move中位涨跌 | Years年数 |
|---|---|---|---|
| Jan1月 | 67% | +21.2% | 3 |
| Feb2月 | 33% | -4.9% | 3 |
| Mar3月 | 67% | +2.4% | 3 |
| Apr4月 | 33% | -8.6% | 3 |
| May5月 | 67% | +8.6% | 3 |
| Jun6月 | 67% | +17.8% | 3 |
| Jul7月 | 67% | +13.1% | 3 |
| Aug8月 | 33% | -11.9% | 3 |
| Sep9月 | 25% | -8.1% | 4 |
| Oct10月 | 50% | +2.3% | 4 |
| Nov11月 | 67% | +2.5% | 3 |
| Dec12月 | 67% | +2.0% | 3 |
History is a tendency, not a promise — small samples wobble.历史规律只是倾向而非保证 — 样本少时波动大。
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。