Satixfy Communications Ltd. (SATX)

Market Cap	116.20M
Revenue (ttm)	10.35M
Net Income (ttm)	-4.23M
Shares Out	84.81M
EPS (ttm)	-0.05
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	724
Open	1.400
Previous Close	1.420
Day's Range	1.390 - 1.400
52-Week Range	0.500 - 2.390
Beta	0.72
Analysts	Strong Buy
Price Target	2.25 (+61.87%)
Earnings Date	Apr 1, 2025

About SATX

Satixfy Communications Ltd. engages in the development of vertically integrated satellite communication systems and ground terminal chips worldwide. It offers application-specific and radio frequency integrated circuit chips, such as PRIME and BEAT antenna chips, which enable multi-beamforming and beam-hopping for satellite payloads and user terminals; and SX-4000 satellite payload chips, that enables digital on-board processing, beam- hopping, and enhanced connectivity needs, including positioning, navigation, and timing for LEO, MEO, and GEO ...

• Industry: Communication Equipment
• Sector: Technology
• Founded: 2012
• Employees: 135
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: SATX
• Website: https://www.satixfy.com

Financial Performance

In 2023, Satixfy Communications's revenue was $10.73 million, an increase of 0.98% compared to the previous year's $10.63 million. Losses were -$29.72 million, -92.53% less than in 2022.

Analyst Forecast

According to 2 analysts, the average rating for SATX stock is "Strong Buy." The 12-month stock price forecast is $2.25, which is an increase of 61.87% from the latest price.

Price Target

$2.25

(61.87% upside)

Analyst Consensus: Strong Buy