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Technology - Communication Equipment - NASDAQ - US
$ 22.06
-1.14 %
$ 280 M
Market Cap
-114.21
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one AVNW stock under the worst case scenario is HIDDEN Compared to the current market price of 22.1 USD, Aviat Networks, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one AVNW stock under the base case scenario is HIDDEN Compared to the current market price of 22.1 USD, Aviat Networks, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one AVNW stock under the best case scenario is HIDDEN Compared to the current market price of 22.1 USD, Aviat Networks, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AVNW

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$28.0$28.0$26.0$26.0$24.0$24.0$22.0$22.0$20.0$20.0$18.0$18.0$16.0$16.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
408 M REVENUE
17.74%
19.4 M OPERATING INCOME
-26.54%
10.8 M NET INCOME
-6.66%
30.5 M OPERATING CASH FLOW
1957.66%
-35.2 M INVESTING CASH FLOW
-194.83%
48.7 M FINANCING CASH FLOW
7251.40%
113 M REVENUE
-4.70%
9.29 M OPERATING INCOME
16.61%
3.53 M NET INCOME
-21.51%
1.62 M OPERATING CASH FLOW
-92.17%
-2.8 M INVESTING CASH FLOW
-21.84%
-1.03 M FINANCING CASH FLOW
93.42%
Balance Sheet Aviat Networks, Inc.
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Current Assets 405 M
Cash & Short-Term Investments 64.6 M
Receivables 249 M
Other Current Assets 92.1 M
Non-Current Assets 130 M
Long-Term Investments 0
PP&E 13.2 M
Other Non-Current Assets 117 M
12.07 %46.44 %17.20 %21.82 %Total Assets$535.2m
Current Liabilities 219 M
Accounts Payable 92.9 M
Short-Term Debt 3.4 M
Other Current Liabilities 123 M
Non-Current Liabilities 60.5 M
Long-Term Debt 48.8 M
Other Non-Current Liabilities 11.7 M
33.24 %43.89 %17.46 %4.19 %Total Liabilities$279.3m
EFFICIENCY
Earnings Waterfall Aviat Networks, Inc.
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Revenue 408 M
Cost Of Revenue 263 M
Gross Profit 145 M
Operating Expenses 125 M
Operating Income 19.4 M
Other Expenses 8.64 M
Net Income 10.8 M
450m450m400m400m350m350m300m300m250m250m200m200m150m150m100m100m50m50m00408m(263m)145m(125m)19m(9m)11mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
35.47% GROSS MARGIN
35.47%
4.75% OPERATING MARGIN
4.75%
2.64% NET MARGIN
2.64%
4.21% ROE
4.21%
2.01% ROA
2.01%
3.86% ROIC
3.86%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Aviat Networks, Inc.
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30m30m25m25m20m20m15m15m10m10m5m5m00(5m)(5m)(10m)(10m)(15m)(15m)201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 10.8 M
Depreciation & Amortization 4.99 M
Capital Expenditures -2.68 M
Stock-Based Compensation 7.34 M
Change in Working Capital -2.55 M
Others 29.8 M
Free Cash Flow 27.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Aviat Networks, Inc.
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Wall Street analysts predict an average 1-year price target for AVNW of $43.3 , with forecasts ranging from a low of $27 to a high of $55 .
AVNW Lowest Price Target Wall Street Target
27 USD 22.39%
AVNW Average Price Target Wall Street Target
43.3 USD 96.43%
AVNW Highest Price Target Wall Street Target
55 USD 149.32%
Price
Max Price Target
Min Price Target
Average Price Target
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4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 10
6. Ownership
Insider Ownership Aviat Networks, Inc.
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Sold
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0 USD 0
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0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
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126 K USD 4
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0 USD 0
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7. News
Aviat Networks: Decent Quarter, But Muted Near-Term Outlook - Buy (Downgrade) Aviat Networks, Inc. reported better-than-expected Q3/FY2025 results with solid revenue upside and strong profitability. However, full-year revenues are now expected to come in at the lower end of the company's reiterated guidance range. While management projects overall tariffs impact to be limited, some short-term margin pressure should be expected. seekingalpha.com - 1 month ago
Aviat Networks: Potential To Double From Here Aviat Networks (AVNW) is a microwave backhaul specialist poised to benefit from rising rural broadband, 5G rollout, and private LTE/5G demand. AVNW trades at a discount to peers and is fundamentally strong, presenting a compelling investment opportunity. Margin expansion and new product launch of Multi Band Max can be game changer for the company. seekingalpha.com - 1 month ago
Aviat Networks, Inc. (AVNW) Q3 2025 Earnings Call Transcript Aviat Networks, Inc. (NASDAQ:AVNW ) Q3 2025 Earnings Conference Call May 6, 2025 5:00 PM ET Company Participants Andrew Fredrickson - Director of Investor Relations Pete Smith - President & Chief Executive Officer Michael Connaway - Chief Financial Officer Conference Call Participants Jaeson Schmidt - Lake Street Scott Searle - Roth Capital Partners Theodore O'Neill - Litchfield Fields Research Dave Kang - B. Riley Tim Savageaux - Northland Capital Markets Rustam Kanga - Citizens Operator Good afternoon. seekingalpha.com - 1 month ago
Aviat Networks, Inc. (AVNW) Beats Q3 Earnings and Revenue Estimates Aviat Networks, Inc. (AVNW) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.73 per share a year ago. zacks.com - 1 month ago
Aviat Networks Announces Fiscal 2025 Third Quarter and Nine Month Financial Results Total Revenue of $112.6 million; Up 1.6% Year-Over-Year Operating Income of $9.3 million; Non-GAAP Operating Income of $13.0 million Net Income of $3.5 million; Adjusted EBITDA of $14.9 million Diluted Earnings per Share of $0.27; Non-GAAP Diluted Earnings per Share of $0.88 AUSTIN, Texas , May 6, 2025 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2025 third quarter ended March 28, 2025. Third Quarter Highlights Accomplished 19th consecutive quarter of trailing twelve month revenue growth Grew GAAP operating income by 64% year-over-year Set new record for quarterly Adjusted EBITDA driven by strong margins and operating expense cost management Accepted first orders for ProVision Plus network management software from Pasolink customers, marking initial steps in capturing a $50 million opportunity over the next five years Third Quarter Financial Highlights Total Revenues: $112.6 million, up 1.6% from the same quarter last year GAAP Results: Gross Margin 34.9%; Operating Expenses $30.0 million; Operating Income $9.3 million; Net Income $3.5 million; Net Income per diluted share ("Net Income per share") $0.27 Non-GAAP Results: Adjusted EBITDA $14.9 million; Gross Margin 35.8%; Operating Expenses $27.2 million; Operating Income $13.0 million; Net Income $11.3 million; Net Income per share $0.88 Cash and cash equivalents: $49.4 million Net debt: $24.5 million Fiscal 2025 Third Quarter and Nine Months Ended March 28, 2025 Revenues The Company reported total revenues of $112.6 million for its fiscal 2025 third quarter, compared to $110.8 million in the fiscal 2024 third quarter, an increase of $1.8 million or 1.6%. prnewswire.com - 1 month ago
Aviat Networks to Participate in Upcoming Investor Conferences AUSTIN, Texas , May 1, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, today announced that it will participate in the following upcoming investor conferences. 20th Annual Needham Technology, Media, & Consumer Conference to be held virtually on May 12, 2025 B. prnewswire.com - 1 month ago
Aviat Networks Sets Date for Its Fiscal 2025 Third Quarter Financial Results Conference Call AUSTIN, Texas , April 29, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport and access solutions, announced today that it will release its third quarter fiscal 2025 financial results for the period ended March 28, 2025, on May 6, 2025, after the market closes. The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m. prnewswire.com - 1 month ago
Aviat Networks: Strong Buy On Blowout Quarter And Discounted Valuation (Rating Upgrade) Leading wireless transport and access solutions provider Aviat Networks reported outstanding Q2/FY2025 results with both the company's top- and bottom-line coming in well above consensus expectations. Following a weak start to FY2025, improved execution and strong contributions from recently acquired businesses like Pasolink and 4RF resulted in vastly improved quarterly results. Improved profitability and a strong focus on working capital management resulted in cash flow from operations increasing to new multi-year highs. seekingalpha.com - 4 months ago
Aviat Networks, Inc. (AVNW) Q2 2025 Earnings Call Transcript Aviat Networks, Inc. (AVNW) Q2 2025 Earnings Call Transcript seekingalpha.com - 4 months ago
Aviat Networks, Inc. (AVNW) Surpasses Q2 Earnings and Revenue Estimates Aviat Networks, Inc. (AVNW) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.97 per share a year ago. zacks.com - 4 months ago
Aviat Networks Announces Fiscal 2025 Second Quarter and Six Month Financial Results Total Revenue of $118.2 million; Up 26.2% Year-Over-Year Operating Income of $8.0 million; Non-GAAP Operating income of $12.6 million Adjusted EBITDA of $14.8 million Non-GAAP Diluted Earnings per Share of $0.82 AUSTIN, Texas , Feb. 4, 2025 /PRNewswire/ -- Aviat Networks, Inc. ("Aviat Networks," "Aviat," or the "Company"), (Nasdaq: AVNW), the leading expert in wireless transport and access solutions, today reported financial results for its fiscal 2025 second quarter ended December 27, 2024. Second Quarter Highlights Completed 18th consecutive quarter of trailing twelve month revenue growth Achieved record quarterly adjusted EBITDA driven by healthy sales, margins, and disciplined cost management Received orders for Pasolink above $35 million in the quarter, continuing trend to $140 million in annual run-rate contribution from Pasolink acquisition Reduced net debt position by $10 million and repurchased 34,600 shares in the quarter Second Quarter Financial Highlights Total Revenues: $118.2 million, up 26.2% from the same quarter last year GAAP Results: Gross Margin 34.6%; Operating Expenses $32.9 million; Operating Income $8.0 million; Net Income $4.5 million; Net Income per diluted share ("Net Income per share") $0.35 Non-GAAP Results: Adjusted EBITDA $14.8 million; Gross Margin 35.3%; Operating Expenses $29.1 million; Operating Income $12.6 million; Net Income $10.5 million; Net Income per share $0.82 Cash and cash equivalents: $52.6 million Net debt: $22.3 million Fiscal 2025 Second Quarter and Six Months Ended December 27, 2024 Revenues The Company reported total revenues of $118.2 million for its fiscal 2025 second quarter, compared to $93.7 million in the fiscal 2024 second quarter, an increase of $24.5 million or 26.2%. prnewswire.com - 4 months ago
Aviat Networks Appoints Scott K. Halliday to Board of Directors Brings extensive experience from serving on and advising Boards, with a strong background in Financial Audit and Governance AUSTIN, Texas , Feb. 3, 2025 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the expert in wireless transport and access solutions, today announced that Scott Halliday was appointed to the Company's Board of Directors effective January 31, 2025. Halliday, who is independent, will also serve on the Audit Committee. prnewswire.com - 4 months ago
8. Profile Summary

Aviat Networks, Inc. AVNW

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COUNTRY US
INDUSTRY Communication Equipment
MARKET CAP $ 280 M
Dividend Yield 0.00%
Description Aviat Networks, Inc. provides wireless transport solutions worldwide. It offers a comprehensive suite of products and localized professional and support services enabling customers to simplify their networks and lives. The company's products and solutions include wireless transmission systems for microwave and millimeter wave networking applications. It serves communications service providers and private network operators, including state/local government, utility, federal government, and defense organizations. The company markets its products through a direct sales, service, and support organization; indirect sales channels comprising dealers, resellers, and sales representatives; and through online. Aviat Networks, Inc. was incorporated in 2006 and is headquartered in Austin, Texas.
Contact 200 Parker Drive, Austin, TX, 78728 https://www.aviatnetworks.com
IPO Date May 19, 1987
Employees 909
Officers Mr. Michael C. Connaway Chief Financial Officer & Senior Vice President Mr. James Flynn Vice President of Global Operations & Supply Chain Ms. Spencer Stoakley Chief Human Resources Officer Ms. Erin R. Boase J.D. General Counsel, Vice President of Legal Affairs & Secretary Mr. Gary G. Croke Vice President of Marketing & Product Line Management Mr. Andrew Fredrickson Director of Corporate Development & Investor Relations Mr. Peter A. Smith Ph.D. President, Chief Executive Officer & Director