Gilat Satellite Networks, trading under the ticker GILT, has secured more than $15 million in new orders from prominent global satellite operators. These orders are set to be fulfilled throughout 2025, highlighting robust demand for the company's offerings across various satellite constellations, including GEO, MEO, and LEO.
The recent order influx underscores the continued momentum for Gilat's equipment and services, particularly in the area of very high throughput satellite constellations. These developments emphasize Gilat's significant role in facilitating broadband mobility solutions worldwide, with a notable focus on In-Flight Connectivity. This area of application is a key component of the multi-service demands being placed on Gilat's technology and services.
This order achievement further cements Gilat's position as a leader in the satellite industry, demonstrating the company's capability and leadership in delivering advanced solutions across the globe. Investors and industry stakeholders will be watching how these developments translate into performance and growth in the coming years.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 2 analysts, the average target price for Gilat Satellite Networks Ltd (GILT, Financial) is $8.40 with a high estimate of $8.50 and a low estimate of $8.30. The average target implies an upside of 40.00% from the current price of $6.00. More detailed estimate data can be found on the Gilat Satellite Networks Ltd (GILT) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Gilat Satellite Networks Ltd's (GILT, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Gilat Satellite Networks Ltd (GILT, Financial) in one year is $10.66, suggesting a upside of 77.67% from the current price of $6. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Gilat Satellite Networks Ltd (GILT) Summary page.
