B. Riley Reiterates Buy Rating for Aviat Networks (NASDAQ:AVNW)

Aviat Networks (NASDAQ:AVNW)‘s stock had its “buy” rating reaffirmed by equities researchers at B. Riley in a research report issued on Wednesday,Benzinga reports. They presently have a $36.00 price objective on the communications equipment provider’s stock, up from their previous price objective of $35.00. B. Riley’s price target would suggest a potential upside of 39.64% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the stock. Lake Street Capital reiterated a “buy” rating and issued a $34.00 price target on shares of Aviat Networks in a research report on Wednesday, November 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Aviat Networks in a research report on Monday, December 29th. Finally, Zacks Research raised Aviat Networks from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.50.

Aviat Networks Stock Up 0.8%

Shares of AVNW opened at $25.78 on Wednesday. Aviat Networks has a 52 week low of $15.80 and a 52 week high of $27.02. The firm’s 50-day simple moving average is $21.67 and its 200 day simple moving average is $22.40. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.51 and a current ratio of 1.85. The firm has a market cap of $330.94 million, a P/E ratio of 23.02 and a beta of 0.96.

Aviat Networks (NASDAQ:AVNW) last released its quarterly earnings results on Tuesday, February 3rd. The communications equipment provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.06. Aviat Networks had a return on equity of 10.71% and a net margin of 3.27%.The business had revenue of $111.47 million during the quarter, compared to analysts’ expectations of $109.67 million. On average, analysts forecast that Aviat Networks will post 0.5 earnings per share for the current year.

Insider Buying and Selling at Aviat Networks

In other news, CEO Pete A. Smith sold 5,350 shares of the business’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $23.39, for a total transaction of $125,136.50. Following the completion of the transaction, the chief executive officer owned 349,447 shares of the company’s stock, valued at approximately $8,173,565.33. The trade was a 1.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bruce M. Taten sold 3,268 shares of the company’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 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. Company insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On Aviat Networks

A number of institutional investors have recently added to or reduced their stakes in AVNW. Comerica Bank lifted its stake in Aviat Networks by 40.2% in the 1st quarter. Comerica Bank now owns 2,720 shares of the communications equipment provider’s stock valued at $52,000 after purchasing an additional 780 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Aviat Networks by 96.5% during the third quarter. BNP Paribas Financial Markets now owns 2,281 shares of the communications equipment provider’s stock worth $52,000 after buying an additional 1,120 shares in the last quarter. Rhumbline Advisers lifted its stake in shares of Aviat Networks by 6.7% in the 2nd quarter. Rhumbline Advisers now owns 18,341 shares of the communications equipment provider’s stock valued at $441,000 after acquiring an additional 1,148 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Aviat Networks during the 2nd quarter valued at $28,000. Finally, Quarry LP bought a new stake in Aviat Networks during the 3rd quarter worth $27,000. 78.62% of the stock is currently owned by institutional investors and hedge funds.

More Aviat Networks News

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

Aviat Networks Company Profile

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.