Aviat Networks (NASDAQ:AVNW) Receives “Market Outperform” Rating from Citizens Jmp

Aviat Networks (NASDAQ:AVNW)‘s stock had its “market outperform” rating reaffirmed by investment analysts at Citizens Jmp in a note issued to investors on Wednesday,Benzinga reports. They presently have a $30.00 price objective on the communications equipment provider’s stock. Citizens Jmp’s price target would indicate a potential upside of 17.60% from the company’s previous close.

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

Aviat Networks Price Performance

Shares of AVNW traded up $3.08 during trading hours on Wednesday, reaching $25.51. 253,203 shares of the company traded hands, compared to its average volume of 109,710. The stock has a market capitalization of $327.55 million, a PE ratio of 24.70 and a beta of 0.96. The stock has a fifty day simple moving average of $21.51 and a 200 day simple moving average of $22.35. Aviat Networks has a fifty-two week low of $15.80 and a fifty-two week high of $27.02. The company has a quick ratio of 1.51, a current ratio of 1.84 and a debt-to-equity ratio of 0.39.

Aviat Networks (NASDAQ:AVNW) last released its earnings results on Tuesday, February 3rd. The communications equipment provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.48 by $0.06. Aviat Networks had a net margin of 2.95% and a return on equity of 12.04%. The firm had revenue of $111.47 million during the quarter, compared to analysts’ expectations of $109.67 million. As a group, research analysts predict that Aviat Networks will post 0.5 EPS for the current fiscal 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 dated Tuesday, November 11th. The shares were sold at an average price of $23.39, for a total transaction of $125,136.50. Following the transaction, the chief executive officer owned 349,447 shares in the company, valued at approximately $8,173,565.33. The trade was a 1.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Bruce M. Taten sold 3,268 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $23.39, for a total transaction of $76,438.52. Following the transaction, the director directly owned 20,391 shares of the company’s stock, valued at $476,945.49. This represents a 13.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On Aviat Networks

Several large investors have recently added to or reduced their stakes in AVNW. American Century Companies Inc. boosted its stake in 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 worth $3,485,000 after buying an additional 88,713 shares in the last quarter. White Pine Capital LLC acquired a new stake in Aviat Networks during the second quarter valued at approximately $676,000. Crown Advisors Management Inc. bought a new stake in shares of Aviat Networks in the 2nd quarter valued at approximately $2,164,000. First Eagle Investment Management LLC lifted its position in shares of Aviat Networks by 15.1% during 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 buying an additional 49,642 shares during the period. Finally, Tectonic Advisors LLC boosted its stake in Aviat Networks by 2.7% in the 2nd 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 in the last quarter. Institutional investors and hedge funds own 78.62% of the company’s stock.

Key Stories Impacting Aviat Networks

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

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.