Gilat Satellite Networks Ltd. (NASDAQ:GILT – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are currently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $20.00.
A number of research firms have issued reports on GILT. Weiss Ratings reiterated a “hold (c)” rating on shares of Gilat Satellite Networks in a research note on Monday, September 14th. William Blair downgraded shares of Gilat Satellite Networks from an “outperform” rating to a “market perform” rating in a report on Tuesday.
View Our Latest Analysis on Gilat Satellite Networks
Gilat Satellite Networks News Roundup
- Positive Sentiment: Third-quarter adjusted EPS of $0.18 beat estimates. Adjusted EBITDA rose 13% year over year to $17.6 million, while non-GAAP net income increased 21% to $14.3 million. Defense revenue grew 53%. Gilat Reports Third Quarter 2026 Results
- Positive Sentiment: The company said its Comtech acquisition remains on track to close by year-end and could more than double defense revenue in 2027, though completion remains subject to closing conditions. Comtech Acquisition Update
- Negative Sentiment: Gilat lowered its 2026 revenue guidance to $455 million–$475 million, well below the roughly $507.5 million analyst consensus. Management cited delayed terminal deliveries, satellite development and launch setbacks, and Peru revenue shifting into 2027. Gilat Cuts Revenue Outlook
- Negative Sentiment: Quarterly revenue of $116.2 million was below analyst expectations and slightly lower than a year earlier, despite the adjusted earnings beat. William Blair also downgraded the stock from “outperform” to “market perform.” William Blair Downgrade
Hedge Funds Weigh In On Gilat Satellite Networks
Institutional investors have recently bought and sold shares of the stock. Wellington Management Group LLP boosted its position in shares of Gilat Satellite Networks by 6.3% in the second quarter. Wellington Management Group LLP now owns 1,094,623 shares of the communications equipment provider’s stock valued at $14,569,000 after acquiring an additional 64,917 shares during the period. Van ECK Associates Corp increased its position in Gilat Satellite Networks by 47.3% during the second quarter. Van ECK Associates Corp now owns 1,799,354 shares of the communications equipment provider’s stock worth $23,949,000 after acquiring an additional 577,479 shares during the period. AWM Investment Company Inc. bought a new position in Gilat Satellite Networks during the second quarter worth $13,792,000. Penn Capital Management Company LLC increased its position in Gilat Satellite Networks by 292.6% during the second quarter. Penn Capital Management Company LLC now owns 139,273 shares of the communications equipment provider’s stock worth $1,854,000 after acquiring an additional 103,798 shares during the period. Finally, Squarepoint Ops LLC raised its stake in Gilat Satellite Networks by 488.5% during the 2nd quarter. Squarepoint Ops LLC now owns 85,173 shares of the communications equipment provider’s stock valued at $1,134,000 after purchasing an additional 70,701 shares during the last quarter. 35.72% of the stock is currently owned by institutional investors.
Gilat Satellite Networks Price Performance
GILT traded down $1.73 during trading on Tuesday, reaching $5.85. 3,053,301 shares of the stock traded hands, compared to its average volume of 835,021. The stock has a market cap of $431.91 million, a price-to-earnings ratio of 13.30 and a beta of 1.15. Gilat Satellite Networks has a fifty-two week low of $5.63 and a fifty-two week high of $20.93. The stock’s 50-day simple moving average is $8.93 and its two-hundred day simple moving average is $13.53.
Gilat Satellite Networks (NASDAQ:GILT – Get Free Report) last posted its quarterly earnings results on Tuesday, November 10th. The communications equipment provider reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.04. The company had revenue of $116.23 million during the quarter, compared to the consensus estimate of $126.54 million. Gilat Satellite Networks had a return on equity of 10.12% and a net margin of 6.21%. Research analysts anticipate that Gilat Satellite Networks will post 0.53 earnings per share for the current fiscal year.
About Gilat Satellite Networks
Gilat Satellite Networks Ltd. is an Israel-based provider of satellite networking technology and services. The company develops and supplies very small aperture terminal (VSAT) systems, satellite hubs, antennas, modems and related ground infrastructure used to deliver broadband connectivity and other communications services. Gilat’s solutions support telecommunications operators, internet service providers, enterprises, governments and defense organizations. Its offerings are used for cellular backhaul and access, enterprise networking, community broadband, in-flight connectivity, maritime communications, mobility applications and other situations where terrestrial networks may be unavailable or insufficient.
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