VSAT is trading 1.3% down at $63.06 in pre-market, easing back after a significant rally driven by contract wins and investor optimism.
- The stock has roughly quadrupled over the past year and may be 26% above one fair-value estimate, sparking debate about stretched valuation following its recent surge.
- Recent momentum was fueled by the announcement of a new U.S. Space Force PTS-G contract and a strategic partnership with Magnite.