Aviat Networks’ (AVNW) “Market Outperform” Rating Reiterated at Citizens Jmp

Aviat Networks (NASDAQ:AVNW)‘s stock had its “market outperform” rating reiterated by research analysts at Citizens Jmp in a research report issued on Wednesday,Benzinga reports. They currently have a $30.00 price objective on the communications equipment provider’s stock. Citizens Jmp’s price target would suggest a potential upside of 17.60% from the company’s current price.

AVNW has been the topic of several other research reports. B. Riley reiterated a “buy” rating and issued a $36.00 price objective (up previously from $35.00) on shares of Aviat Networks in a research note on Wednesday. Lake Street Capital reaffirmed a “buy” rating and issued a $34.00 price target on shares of Aviat Networks in a research note on Wednesday, November 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Aviat Networks in a report on Monday, December 29th. Finally, Zacks Research raised shares of Aviat Networks from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $32.50.

Aviat Networks Stock Performance

AVNW stock traded up $3.08 during midday trading on Wednesday, reaching $25.51. 253,203 shares of the company were exchanged, compared to its average volume of 109,710. Aviat Networks has a one year low of $15.80 and a one year high of $27.02. The firm has a market capitalization of $327.55 million, a price-to-earnings ratio of 24.70 and a beta of 0.96. The business has a 50-day moving average price of $21.51 and a two-hundred day moving average price of $22.35. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.84 and a quick ratio of 1.51.

Aviat Networks (NASDAQ:AVNW) last released its quarterly earnings results on Tuesday, February 3rd. The communications equipment provider reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.06. The business had revenue of $111.47 million during the quarter, compared to the consensus estimate of $109.67 million. Aviat Networks had a return on equity of 12.04% and a net margin of 2.95%. Equities research analysts forecast that Aviat Networks will post 0.5 EPS for the current year.

Insider Buying and Selling

In other news, CEO Pete A. Smith sold 5,350 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $23.39, for a total value of $125,136.50. Following the completion of the sale, the chief executive officer directly owned 349,447 shares of the company’s stock, valued at $8,173,565.33. This trade represents a 1.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Bruce M. Taten sold 3,268 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $23.39, for a total value of $76,438.52. Following the completion of the sale, the director owned 20,391 shares of the company’s stock, valued at approximately $476,945.49. This represents a 13.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 5.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. American Century Companies Inc. increased its stake in shares of Aviat Networks by 157.8% during the second quarter. American Century Companies Inc. now owns 144,922 shares of the communications equipment provider’s stock valued at $3,485,000 after buying an additional 88,713 shares during the period. White Pine Capital LLC purchased a new position in Aviat Networks during the second quarter valued at approximately $676,000. Crown Advisors Management Inc. bought a new stake in Aviat Networks during the 2nd quarter valued at $2,164,000. First Eagle Investment Management LLC raised its position in shares of Aviat Networks by 15.1% in the 2nd quarter. First Eagle Investment Management LLC now owns 378,549 shares of the communications equipment provider’s stock worth $9,104,000 after acquiring an additional 49,642 shares in the last quarter. Finally, Tectonic Advisors LLC lifted its position in shares of Aviat Networks by 2.7% during the second quarter. Tectonic Advisors LLC now owns 54,610 shares of the communications equipment provider’s stock valued at $1,313,000 after buying an additional 1,440 shares during the last quarter. 78.62% of the stock is currently owned by institutional investors.

Key Aviat Networks News

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

• Positive Sentiment: Q2 results topped estimates — Non‑GAAP EPS of $0.54 vs. $0.48 expected and revenue of $111.5M vs. ~ $109.7M consensus; adjusted EBITDA expanded and management highlighted strong operating cash generation ($23.9M in the quarter) and $86.5M cash on the balance sheet. Aviat Networks Announces Fiscal 2026 Second Quarter and Six Month Financial Results
• Positive Sentiment: Record bookings and sharply lower net debt — Company reported its strongest Q2 bookings in over a decade and net debt down to roughly $19M (more than 50% reduction), supporting a healthier balance sheet and buyback/deployment optionality. Aviat Networks: Upgrading On Stellar Cash Generation And Record Bookings Performance
• Positive Sentiment: New commercial traction — Aviat secured an initial purchase order from a U.S. tier‑one operator for its multi‑dwelling unit millimeter‑wave solution, signaling potential for higher‑margin, recurring deployments. Aviat Networks Announces Fiscal 2026 Second Quarter and Six Month Financial Results
• Neutral Sentiment: Earnings call & transcripts available — Management reiterated expectations for continued strong cash conversion and a strong finish to FY2026; full call transcripts published for investor review. Aviat (AVNW) Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst commentary/upgrades — At least one note upgraded the stock on the combination of cash generation and bookings; monitor for any formal analyst rating or target‑price changes that could sustain momentum. Aviat Networks: Upgrading On Stellar Cash Generation And Record Bookings Performance
• Negative Sentiment: Revenue still below last year and GAAP EPS declined year‑over‑year — Q2 revenue was down ~5.7% vs. prior‑year quarter and GAAP EPS ($0.44) is lower than the prior-year $0.82, indicating some underlying demand variability that could cap upside if it persists. Aviat Networks Announces Fiscal 2026 Second Quarter and Six Month Financial Results

About Aviat Networks

Aviat Networks, Inc is a specialist in wireless transport solutions, designing, manufacturing and selling microwave networking products that enable the secure and reliable transmission of data, voice and video. The company’s offerings address mission-critical communications needs for a broad range of end markets, including telecommunications service providers, utilities, government agencies and enterprises. Its product portfolio spans high-capacity packet microwave radios, IP transport systems and network management software.

Aviat’s core product lines include the WTM series of packet microwave platforms, which deliver scalable throughput and advanced resilience features, and the Eclipse packet microwave systems, which combine broadband capacity with synchronization, security and quality-of-service capabilities.