Gilat Satellite Networks Ltd. (GILT)

NASDAQ: GILT · IEX Real-Time Price · USD
5.37
-0.11 (-2.01%)
At close: May 17, 2024, 4:00 PM
5.34
-0.03 (-0.56%)
After-hours: May 17, 2024, 5:54 PM EDT
-2.01%
Market Cap 305.61M
Revenue (ttm) 283.21M
Net Income (ttm) 22.89M
Shares Out 57.02M
EPS (ttm) 0.41
PE Ratio 13.43
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 110,990
Open 5.48
Previous Close 5.48
Day's Range 5.35 - 5.52
52-Week Range 4.95 - 7.16
Beta 0.59
Analysts Strong Buy
Price Target 8.50 (+58.29%)
Earnings Date May 8, 2024

About GILT

Gilat Satellite Networks Ltd., together with its subsidiaries, provides satellite-based broadband communication solutions in Israel, the United States, Peru, and internationally. It operates in three segments: Satellite Networks, Integrated Solutions, and Network Infrastructure and Services. The company designs and manufactures ground-based satellite communications equipment; and provides solutions and end-to-end services. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the... [Read more]

Sector Technology
IPO Date Mar 25, 1993
Employees 1,183
Stock Exchange NASDAQ
Ticker Symbol GILT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for GILT stock is "Strong Buy" and the 12-month stock price forecast is $8.5.

Price Target
$8.5
(58.29% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Gilat Reports First Quarter 2024 Results

Strong Revenue Growth of 29% Year-over-Year, GAAP Operating Income of $5.4 Million and Adjusted EBITDA of $9.3 Million Strong Revenue Growth of 29% Year-over-Year, GAAP Operating Income of $5.4 Millio...

10 days ago - GlobeNewsWire

SES's O3b mPOWER System Launches Service via Gilat's SkyEdge IV Platform

SkyEdge IV – the industry's first MEO-GEO system – enables O3b mPOWER software-driven constellation to deliver services with unparalleled flexibility and scale SkyEdge IV – the industry's first MEO-GE...

11 days ago - GlobeNewsWire

Gilat to Participate in the 19th Annual Needham Technology, Media & Consumer Conference on May 15, 2024

PETAH TIKVA, Israel, May 02, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announce...

16 days ago - GlobeNewsWire

Gilat to Report First Quarter 2024 Results on May 8th

PETAH TIKVA, Israel, April 17, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today ...

4 weeks ago - GlobeNewsWire

Gilat Received Approximately $5 Million for Providing Services to a Leading LATAM Service Provider

Gilat's solutions ensure reliable, high-performance connectivity for cellular and internet services in rural areas Gilat's solutions ensure reliable, high-performance connectivity for cellular and int...

5 weeks ago - GlobeNewsWire

Gilat Received Multimillion-Dollar Order from a Leading Defense Organization

Gilat to develop next-generation software-defined radio modem for Satcom-on-the Move and Satcom-on-the-Pause military applications Gilat to develop next-generation software-defined radio modem for Sat...

5 weeks ago - GlobeNewsWire

Gilat Expanding into Additional IFC Market Segments After Receiving Over $3 Million in Orders from a Leading IFC Service Provider

Service provider's initial order for Taurus Modem significantly expands Gilat's In-Flight Connectivity footprint into Business Aviation and Government markets Service provider's initial order for Taur...

5 weeks ago - GlobeNewsWire

Gilat Awarded Over $3M Follow-On Order for Public WiFi Service in Latin America

Government-sponsored Social Inclusion project enables internet connectivity in rural areas not supported by terrestrial networks Government-sponsored Social Inclusion project enables internet connecti...

6 weeks ago - GlobeNewsWire

Gilat Awarded Over $5 Million Order from the US Department of Defense

Gilat to provide baseband equipment to enable complete turnkey satellite communication architecture Gilat to provide baseband equipment to enable complete turnkey satellite communication architecture

6 weeks ago - GlobeNewsWire

US Army Awards $12 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity

Gilat Wavestream to provide additional 50W Ka-band BUCs for long-term sustainment of thousands of mobile Satellite Transportable Terminals (STTs) Gilat Wavestream to provide additional 50W Ka-band BUC...

6 weeks ago - GlobeNewsWire

Gilat Awarded Over $13M in Additional Orders from Satellite Operators for its World Leading SkyEdge IV and SkyEdge II-c Platforms

SkyEdge platforms are key enablers of in-flight connectivity, maritime mobility, cellular backhaul, and fixed data services globally SkyEdge platforms are key enablers of in-flight connectivity, marit...

6 weeks ago - GlobeNewsWire

Gilat Awarded $5 Million Order from the US Department of Defense

Gilat to provide DKET 3421 terminals for easy-to-deploy transportable satcom network hubs Gilat to provide DKET 3421 terminals for easy-to-deploy transportable satcom network hubs

7 weeks ago - GlobeNewsWire

Gilat Satellite Networks to Present at the 2024 LD Micro Invitational Conference

PETAH TIKVA, Israel, March 26, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced th...

7 weeks ago - GlobeNewsWire

Gilat Announces Filing of 2023 Annual Report

PETAH TIKVA, Israel, March 20, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announ...

2 months ago - GlobeNewsWire

Gilat Unveils Cloud and 5G NTN Evolution Strategy for SkyEdge IV

A phased approach ensures continuous advancement in alignment with evolving technology and maturing standards A phased approach ensures continuous advancement in alignment with evolving technology and...

2 months ago - GlobeNewsWire

Safran Selects Gilat for Strategic, Multimillion-Dollar In-Flight Connectivity Program

Companies expand portfolio of products to bolster further growth in the IFC market Companies expand portfolio of products to bolster further growth in the IFC market

2 months ago - GlobeNewsWire

Gilat Presents Fourth Quarter and Full Year 2023 Results

Q4 R evenue of $ 75.6 million , GAAP O perating I ncome of $ 2.9 million and A djusted EBITDA of $9 . 4 million

2 months ago - GlobeNewsWire

Gilat Awarded $10 Million Follow-On Order from the US Department of Defense

Gilat to provide additional DKET 3421 terminals for easy-to-deploy transportable satcom network hubs Gilat to provide additional DKET 3421 terminals for easy-to-deploy transportable satcom network hub...

3 months ago - GlobeNewsWire

Gilat to Report Fourth Quarter and Full Year 2023 Results on February 26th

PETAH TIKVA, Israel, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today a...

3 months ago - GlobeNewsWire

Gilat Awarded Multimillion-Dollar Defense Satellite Connectivity Project

Gilat's SkyEdge IV platform and Taurus-M modems to augment advanced satcom capabilities for a leading governmental defense organization Gilat's SkyEdge IV platform and Taurus-M modems to augment advan...

3 months ago - GlobeNewsWire

Gilat Awarded $17 Million by Pronatel for Expansion of Regional Telecommunications Project in Peru

Network expansion and 10 years of services to address the growing needs for internet in additional parts of the Amazonas region Network expansion and 10 years of services to address the growing needs ...

4 months ago - GlobeNewsWire

Gilat Announces New Brand Identity Embracing the Company's Commitment to the New Space Revolution

Gilat's new brand reflects the company's vision of the right of all people to be connected Gilat's new brand reflects the company's vision of the right of all people to be connected

4 months ago - GlobeNewsWire

Gilat Awarded Approximately $3M for a Satellite Connectivity Project for a National Police Force

Gilat to deliver a comprehensive solution based on its SkyEdge platform and a suite of services providing reliable and secure connectivity Gilat to deliver a comprehensive solution based on its SkyEdg...

4 months ago - GlobeNewsWire

Gilat to Participate in the 26th Annual Needham Growth Conference on January 17, 2024

PETAH TIKVA, Israel, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today a...

4 months ago - GlobeNewsWire

US Army Awards Nearly $20 Million Contract Extension to Gilat to Sustain Anytime, Anywhere Satellite Connectivity

Gilat to provide additional 50W Ka-band BUCs for long-term sustainment of thousands of mobile Satellite Transportable Terminals (STTs) Gilat to provide additional 50W Ka-band BUCs for long-term sustai...

5 months ago - GlobeNewsWire