Aviat Networks

AVNW · NASDAQ

$19.38−$0.36 (−1.82%)TodayMarket closed · Oct 20, 4:10 PM ET

Prev close $19.74

AVNW analyst rating

BuyConsensus of 6 analysts over the last 12 months. 100% rate it a buy.

Strong buy0
Buy6
Hold0
Underperform0
Sell0

12-month price target · 10 analysts

Average $33.40 (+72.4% upside)

Low: $25.25
Now: $19.38
High: $44.10

Upgrades and downgrades

The latest rating actions, newest first

AVNW analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Roth Capital	Aug 28, 2026	Maintains	Buy	$34.00 → $38.00	48%
B. Riley Securities	Aug 28, 2026	Maintains	Buy	$28.00 → $33.00	61%
Northland Capital Markets	Jul 2, 2026	Maintains	Outperform	$25.00 → $30.00	71%
Craig-Hallum	Jun 30, 2026	Initiates	Buy	$36.00	66%
Northland Capital Markets	Jun 15, 2026	Upgrade	Market Perform → Outperform	$20.00 → $25.00	71%
Citizens	May 6, 2026	Maintains	Market Outperform	$30.00 → $25.00	61%
Lake Street	May 5, 2026	Maintains	Buy	$34.00 → $31.00	46%
Roth Capital	Feb 4, 2026	Maintains	Buy	$41.00 → $38.00	48%
Citizens	Feb 4, 2026	Maintains	Market Outperform	$30.00	61%
B. Riley Securities	Feb 4, 2026	Maintains	Buy	$35.00 → $36.00	61%

The case for and against

Updated Jul 28, 2026

Bull case

Aviat Networks is expected to see improving profitability in its international operations, leading to potential growth opportunities in the MDU market, LTE 5G routers, and the BEAD program. Despite competition and challenges, Aviat remains competitive and has introduced new products to stay relevant. With a diverse product portfolio and success in gaining market share, INSG is also experiencing modest growth, while Ceragon faces competition from larger companies and Chinese firms but has expanded its offerings and invested in key markets for growth.

Bear case

Aviat Networks is in a strong position for future growth with the potential for increased revenue from its MDU opportunity and favorable positioning as a preferred supplier. However, current financials and guidance suggest a negative outlook with decreased revenue and adjusted EBITDA. Additionally, concerns remain around product mix and potential headwinds from memory and component pricing. A price target, based on a multiple of 9x FY27 AEBITDA, would suggest a value of $36, but factors such as the success of new products, the adoption of 5G, and potential headwinds could cause the stock to deviate from this target.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.