Aviat Networks (NASDAQ:AVNW) Earns “Buy” Rating from B. Riley Financial

Aviat Networks (NASDAQ:AVNW)‘s stock had its “buy” rating reaffirmed by equities researchers at B. Riley Financial in a report released on Wednesday, Benzinga reports. They currently have a $32.00 price target on the communications equipment provider’s stock, down from their previous price target of $33.00. B. Riley Financial‘s target price indicates a potential upside of 101.83% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on AVNW. Citigroup reiterated a “market outperform” rating on shares of Aviat Networks in a research note on Friday, August 28th. Zacks Research upgraded shares of Aviat Networks from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 5th. Weiss Ratings downgraded shares of Aviat Networks from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 30th. Roth Capital reaffirmed a “buy” rating and set a $38.00 price target (up from $34.00) on shares of Aviat Networks in a report on Friday, August 28th. Finally, Wall Street Zen upgraded shares of Aviat Networks from a “hold” rating to a “buy” rating in a research report on Saturday, October 3rd. Eight investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $32.57.

Aviat Networks Stock Performance

AVNW opened at $15.86 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.66 and a current ratio of 1.97. Aviat Networks has a 52-week low of $13.92 and a 52-week high of $27.02. The firm has a market cap of $203.90 million, a P/E ratio of 83.32 and a beta of 0.77. The business’s fifty day moving average is $19.75 and its 200-day moving average is $21.05.

Aviat Networks (NASDAQ:AVNW) last posted its quarterly earnings results on Tuesday, November 10th. The communications equipment provider reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.18). The company had revenue of $101.97 million during the quarter, compared to analyst estimates of $103.55 million. Aviat Networks had a net margin of 0.58% and a return on equity of 5.85%. Sell-side analysts expect that Aviat Networks will post 2.09 EPS for the current fiscal year.

Insiders Place Their Bets

In other Aviat Networks news, VP Erin Boase sold 1,347 shares of Aviat Networks stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $19.69, for a total value of $26,522.43. Following the transaction, the vice president owned 28,275 shares in the company, valued at $556,734.75. The trade was a 4.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Pete Smith sold 14,264 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $19.69, for a total value of $280,858.16. Following the transaction, the chief executive officer directly owned 367,840 shares of the company’s stock, valued at approximately $7,242,769.60. The trade was a 3.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 16,240 shares of company stock valued at $319,766 in the last three months. 5.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Aviat Networks

Several hedge funds and other institutional investors have recently made changes to their positions in AVNW. Farther Finance Advisors LLC increased its position in Aviat Networks by 1,026.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,893 shares of the communications equipment provider’s stock worth $38,000 after purchasing an additional 1,725 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Aviat Networks during the first quarter worth $53,000. Ancora Advisors LLC bought a new stake in shares of Aviat Networks during the second quarter worth $55,000. State of Wyoming acquired a new position in shares of Aviat Networks during the first quarter worth $207,000. Finally, WINTON GROUP Ltd increased its holdings in shares of Aviat Networks by 6.1% during the second quarter. WINTON GROUP Ltd now owns 12,050 shares of the communications equipment provider’s stock worth $268,000 after buying an additional 692 shares in the last quarter. 78.62% of the stock is owned by institutional investors.

Aviat Networks News Roundup

Here are the key news stories impacting Aviat Networks this week:

• Positive Sentiment: Aviat reported record bookings, and its FY 2027 outlook calls for revenue of $450 million–$475 million and adjusted EBITDA of $50 million–$55 million. The revenue range includes the analyst consensus of $464.2 million. Aviat Networks Q1 2027: Margin Collapse Offset by Record Bookings Aviat outlines FY 2027 guidance
• Negative Sentiment: Q1 FY 2027 EPS was $0.12, well below analyst estimates of roughly $0.30–$0.32 and down from $0.43 a year earlier. Revenue of $101.97 million also missed the $103.55 million estimate. Reports highlighted a sharp margin decline, reinforcing concerns about near-term profitability. Aviat Networks Q1 earnings and revenues miss estimates Aviat Networks releases Q1 2027 financial results

Aviat Networks Company Profile

Aviat Networks, Inc. provides wireless networking solutions for communications service providers, government agencies and enterprises. The company specializes in mission-critical connectivity for applications where reliable, high-capacity communications are essential, including telecommunications, public safety, utilities, transportation and defense. Its product portfolio includes microwave and millimeter-wave wireless transmission systems, routers, access and aggregation equipment, network management software and related cybersecurity solutions.