Gilat Satellite Networks Ltd. (GILT)
NASDAQ: GILT · IEX Real-Time Price · USD
5.37
+0.35 (6.97%)
At close: May 2, 2024, 4:00 PM
5.41
+0.04 (0.74%)
Pre-market: May 3, 2024, 8:13 AM EDT

Gilat Satellite Networks Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for GILT stock has a target of 8.50, which predicts an increase of 58.29% from the current stock price of 5.37.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $8.50 $8.50 $8.50 $8.50
Change +58.29% +58.29% +58.29% +58.29%
* Price targets were last updated on Nov 17, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for GILT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24
Strong Buy 1111
Buy 0000
Hold 0000
Sell 0000
Strong Sell 0000
Total 1111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Needham
Needham
Strong Buy
Reiterates
$8.5
Strong Buy Reiterates $8.5 +58.29% Nov 17, 2023
Needham
Needham
Strong Buy
Reiterates
$8.5
Strong Buy Reiterates $8.5 +58.29% Aug 10, 2023
Needham
Needham
Strong Buy
Initiates
$7
Strong Buy Initiates $7 +30.35% Jun 27, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
321.50M
from 266.09M
Increased by 20.82%
Revenue Next Year
347.31M
from 321.50M
Increased by 8.03%
EPS This Year
0.34
from 0.41
Decreased by -17.90%
EPS Next Year
0.40
from 0.34
Increased by 18.18%
Year 2019202020212022202320242025
Revenue
257.33M166.14M214.97M239.84M266.09M321.50M347.31M
Revenue Growth
-3.40%-35.44%29.39%11.57%10.94%20.82%8.03%
EPS
0.660.63-0.05-0.100.410.340.40
EPS Growth
100.00%-4.55%----17.90%18.18%
No. Analysts -----43
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 331.0M 357.5M
Avg 321.5M 347.3M
Low 308.9M 333.7M

Revenue Growth

Revenue Growth 20242025
High
24.4%
11.2%
Avg
20.8%
8.0%
Low
16.1%
3.8%

EPS Forecast

EPS 20242025
High 0.35 0.41
Avg 0.34 0.40
Low 0.32 0.38

EPS Growth

EPS Growth 20242025
High
-15.5%
21.7%
Avg
-17.9%
18.2%
Low
-21.1%
13.5%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.