Gilat Satellite Networks Ltd. (GILT)

NASDAQ: GILT · Real-Time Price · USD
7.56
-0.13 (-1.69%)
At close: Feb 21, 2025, 4:00 PM
7.45
-0.11 (-1.46%)
After-hours: Feb 21, 2025, 7:47 PM EST
-1.69%
Market Cap 431.05M
Revenue (ttm) 305.45M
Net Income (ttm) 24.85M
Shares Out 57.02M
EPS (ttm) 0.44
PE Ratio 17.35
Forward PE 17.05
Dividend n/a
Ex-Dividend Date n/a
Volume 566,185
Open 7.70
Previous Close 7.69
Day's Range 7.48 - 7.96
52-Week Range 4.04 - 8.05
Beta 0.58
Analysts Strong Buy
Price Target 8.50 (+12.43%)
Earnings Date Feb 12, 2025

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. Its portfolio consists of cloud-based satellite network platform, very small aperture terminals, amplifiers, modems, on-the-move antennas, solid state power amplifiers, block upconverters, transceivers, and defense ground systems and field services. The com... [Read more]

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

Financial Performance

In 2024, Gilat Satellite Networks's revenue was $305.45 million, an increase of 14.79% compared to the previous year's $266.09 million. Earnings were $24.85 million, an increase of 5.72%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GILT stock is "Strong Buy." The 12-month stock price forecast is $8.5, which is an increase of 12.43% from the latest price.

Price Target
$8.5
(12.43% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Gilat Launches Gilat Defense Division: A New Division to Meet Growing Global Demand for Mission-Critical SATCOM Solutions

Gilat Defense integrates technologies from Gilat, Gilat DataPath, Gilat Wavestream & Gilat Stellar Blu to deliver mission-critical defense solutions and services Gilat Defense integrates technologies ...

3 days ago - GlobeNewsWire

Gilat Satellite Networks Ltd. (GILT) Q4 2024 Earnings Conference Call Transcript

Gilat Satellite Networks Ltd. (NASDAQ:GILT) Q4 2024 Earnings Conference Call February 12, 2025 9:30 AM ET Company Participants Mayrav Sher - Head of Finance and IR Adi Sfadia - CEO Gil Benyamini - CF...

9 days ago - Seeking Alpha

Gilat Reports Fourth Quarter and Full Year 2024 Results

Q4 Revenue of $7 8 . 1 million, GAAP Operating Income of $ 12. 8 million and Adjusted EBITDA of $ 12.1 million

9 days ago - GlobeNewsWire

Gilat Receives $4M in Orders for Advanced Portable Satellite Terminals from Global Defense Customers

Gilat's Portable Terminals Deliver Exceptional Performance, Durability and Ease of Deployment Gilat's Portable Terminals Deliver Exceptional Performance, Durability and Ease of Deployment

24 days ago - GlobeNewsWire

Gilat to Report Fourth Quarter and Full Year 2024 Results on Wednesday, February 12th

PETAH TIKVA, Israel, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today a...

4 weeks ago - GlobeNewsWire

Gilat Awarded Over $5 Million to Support Critical Connectivity for Defense Forces

Technical and Field Services to Ensure Reliable, Mission-Critical Communications Worldwide Technical and Field Services to Ensure Reliable, Mission-Critical Communications Worldwide

4 weeks ago - GlobeNewsWire

Gilat and Hispasat Provided Immediate Satellite Communication to Support Disaster Recovery Efforts After Hurricane Helene

Quick response ensured continuity of critical communications services by Southern Linc for first responders and utilities Quick response ensured continuity of critical communications services by South...

5 weeks ago - GlobeNewsWire

Gilat Receives Over $3 Million in Orders to Support LEO Constellations

Orders reinforce Gilat's position as a key provider of high-performance RF solutions for NGSO networks Orders reinforce Gilat's position as a key provider of high-performance RF solutions for NGSO net...

5 weeks ago - GlobeNewsWire

Gilat to Participate in the 27th Annual Needham Growth Conference on January 14, 2025

PETAH TIKVA, Israel, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today a...

6 weeks ago - GlobeNewsWire

Gilat Completes Acquisition of Stellar Blu Solutions LLC

Acquisition Supercharges Gilat's IFC Growth, Establishing a Global Leader in Aviation and High-End Mobility for ESA Applications

6 weeks ago - GlobeNewsWire

This space stock is up on new orders for its satellite networking technology

Gilat provides satellite-based broadband communications.

6 weeks ago - Market Watch

Gilat Receives $9 Million in Orders for Multi-Orbit SkyEdge Platforms

Gilat's SkyEdge IV and SkyEdge II-c Platforms are used to deliver the widest range of connectivity applications Gilat's SkyEdge IV and SkyEdge II-c Platforms are used to deliver the widest range of co...

6 weeks ago - GlobeNewsWire

Gilat Receives Over $18 Million in Orders for its In-Flight Connectivity Solutions

These orders further solidify Gilat's position in the IFC market and positions it as a single source provider for a wide range of IFC technologies and services These orders further solidify Gilat's po...

7 weeks ago - GlobeNewsWire

Gilat Satellite Networks Ltd. (GILT) Q3 2024 Earnings Call Transcript

Gilat Satellite Networks Ltd. (NASDAQ:GILT) Q3 2024 Earnings Conference Call November 13, 2024 9:30 AM ET Company Participants Mayrav Sher - Head of Finance and Investor Relations Adi Sfadia - Chief ...

3 months ago - Seeking Alpha

Gilat Reports Third Quarter 2024 Results

Revenue s Increase d by 1 7 % Year-over-Year

3 months ago - GlobeNewsWire

Gilat Receives Approximately $5 Million in Orders from US Defense Customers

Gilat's Strategic Focus on Defense Strengthened by Recent Wins for Advanced Mission Critical SATCOM Solutions Gilat's Strategic Focus on Defense Strengthened by Recent Wins for Advanced Mission Critic...

4 months ago - GlobeNewsWire

Gilat Received Over $4 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

4 months ago - GlobeNewsWire

Gilat Satellite Networks to Attend APEX/IFSA Conference to Discuss State-of the Art In-Flight Connectivity Solutions for Aviation Markets

Featuring Gilat's advanced, high performance ESA Antenna and leading SSPA, KPSU, and FCU solutions Featuring Gilat's advanced, high performance ESA Antenna and leading SSPA, KPSU, and FCU solutions

4 months ago - GlobeNewsWire

Gilat to Report Third Quarter 2024 Results on Wednesday, November 13th

PETAH TIKVA, Israel, Oct. 21, 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

Gilat Satellite Networks to Present at the 17th Annual LD Micro Invitational Conference

PETAH TIKVA, Israel, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced tod...

4 months ago - GlobeNewsWire

Gilat Secures Approximately $15 Million in Orders from Leading Satellite Operators for GEO, MEO and LEO Constellations

The orders demonstrate the company's wide state-of-the-art ground segment portfolio The orders demonstrate the company's wide state-of-the-art ground segment portfolio

4 months ago - GlobeNewsWire

Gilat Satellite Networks Awarded approximately $4 Million Contract to Provide Connectivity for rural areas in Latin America

PETAH TIKVA, Israel, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announc...

4 months ago - GlobeNewsWire

Gilat Satellite Networks Receives Multimillion Service Contract from Leading Satellite Operator in APAC region

The award supports connectivity services to rural and underserved areas The award supports connectivity services to rural and underserved areas

5 months ago - GlobeNewsWire

Gilat Satellite Networks Awarded Over $5M in Support of the US Department of Defense

Gilat will support the US DOD with critical satellite terminal requirements and terminal technology insertion programs Gilat will support the US DOD with critical satellite terminal requirements and t...

5 months ago - GlobeNewsWire

Gilat Secures Over $12 Million Orders for SkyEdge Platforms from Leading Satellite Operator

Gilat's SkyEdge IV and SkyEdge II-c Platforms are expanding across new markets and regions, strengthening global satellite communications leadership Gilat's SkyEdge IV and SkyEdge II-c Platforms are e...

6 months ago - GlobeNewsWire