Citizens Jmp Reiterates Market Outperform Rating for Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW)‘s stock had its “market outperform” rating reissued by equities research analysts at Citizens Jmp in a note issued to investors on Wednesday,Benzinga reports. They currently have a $30.00 price target on the communications equipment provider’s stock. Citizens Jmp’s price target suggests a potential upside of 16.37% from the company’s previous close.

AVNW has been the subject of several other research reports. Zacks Research upgraded shares of Aviat Networks from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Lake Street Capital reissued a “buy” rating and issued a $34.00 target price on shares of Aviat Networks in a research report on Wednesday, November 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Aviat Networks in a research note on Monday, December 29th. Finally, B. Riley reiterated a “buy” rating and set a $36.00 price target (up previously from $35.00) on shares of Aviat Networks in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.50.

Aviat Networks Trading Up 0.8%

Shares of Aviat Networks stock opened at $25.78 on Wednesday. The firm has a market cap of $330.94 million, a PE ratio of 23.02 and a beta of 0.96. Aviat Networks has a 1 year low of $15.80 and a 1 year high of $27.02. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.85 and a quick ratio of 1.51. The stock has a fifty day moving average price of $21.67 and a 200-day moving average price of $22.40.

Aviat Networks (NASDAQ:AVNW) last posted its quarterly earnings results on Tuesday, February 3rd. The communications equipment provider reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.06. The company had revenue of $111.47 million during the quarter, compared to analyst estimates of $109.67 million. Aviat Networks had a net margin of 3.27% and a return on equity of 10.71%. Equities research analysts anticipate that Aviat Networks will post 0.5 EPS for the current year.

Insiders Place Their Bets

In other Aviat Networks news, Director Bruce M. Taten sold 3,268 shares of the firm’s stock in a transaction dated 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 transaction, the director owned 20,391 shares in the company, valued at $476,945.49. This trade represents a 13.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Pete A. Smith sold 5,350 shares of Aviat Networks stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $23.39, for a total value of $125,136.50. Following the transaction, the chief executive officer directly owned 349,447 shares of the company’s stock, valued at $8,173,565.33. The trade was a 1.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 5.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On Aviat Networks

Several hedge funds have recently bought and sold shares of AVNW. Vanguard Group Inc. increased its holdings in Aviat Networks by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 700,233 shares of the communications equipment provider’s stock worth $16,056,000 after acquiring an additional 8,179 shares during the period. First Wilshire Securities Management Inc. grew its position in shares of Aviat Networks by 22.2% during the 2nd quarter. First Wilshire Securities Management Inc. now owns 531,398 shares of the communications equipment provider’s stock valued at $12,780,000 after purchasing an additional 96,367 shares in the last quarter. Western Standard LLC increased its holdings in shares of Aviat Networks by 84.5% in the fourth quarter. Western Standard LLC now owns 494,238 shares of the communications equipment provider’s stock worth $10,567,000 after purchasing an additional 226,332 shares during the period. Kennedy Capital Management LLC raised its position in shares of Aviat Networks by 5.8% in the third quarter. Kennedy Capital Management LLC now owns 445,947 shares of the communications equipment provider’s stock worth $10,226,000 after buying an additional 24,284 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its stake in Aviat Networks by 0.5% during the third quarter. First Eagle Investment Management LLC now owns 380,356 shares of the communications equipment provider’s stock valued at $8,722,000 after buying an additional 1,807 shares during the period. Hedge funds and other institutional investors own 78.62% of the company’s stock.

Trending Headlines about Aviat Networks

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

• Positive Sentiment: Q2 results beat consensus: Aviat reported better-than-expected revenue and EPS, highlighted by record Q2 bookings and “stellar” cash generation. Management said cash generation should remain strong and expects a solid finish to FY2026 — the operational beat and upbeat guidance are the primary catalysts for the rally. Aviat Networks: Upgrading On Stellar Cash Generation And Record Bookings Performance
• Positive Sentiment: Balance-sheet improvement: Management reported net debt falling by more than 50% to about $19.5M, reducing leverage and financial risk — a favorable factor for investor sentiment and valuation. Article
• Positive Sentiment: Analyst support: Multiple firms reaffirmed or raised constructive ratings — B. Riley kept a Buy and nudged its target to $36, Citizens/JMP reaffirmed a Market Outperform at $30 — these notes amplify buying interest and lift forward-looking sentiment. Benzinga coverage
• Neutral Sentiment: Earnings call transparency: The full Q2 earnings call transcript is available for investors digging into details on bookings, margins and cash flow; transcripts help confirm management tone but are informational rather than catalytic by themselves. Fool transcript
• Neutral Sentiment: Coverage noting mixed views: A roundup piece highlights that analysts are divided across various tech names including Aviat, signaling some remaining disagreement on valuation/forward potential despite the beat. Analysts Conflicted on These Technology Names
• Negative Sentiment: Price-target trim from one shop: Roth MKM reduced its price target from $41 to $38 (still a Buy), which narrows the potential upside implied by that note and suggests some moderation in expectations from higher targets. That trim could cap gains if other firms follow. The Fly

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.