Gilat Satellite Networks (NASDAQ:GILT) Hits New 52-Week High – What’s Next?

Gilat Satellite Networks Ltd. (NASDAQ:GILT)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $20.93 and last traded at $20.85, with a volume of 1780579 shares. The stock had previously closed at $19.39.

More Gilat Satellite Networks News

Here are the key news stories impacting Gilat Satellite Networks this week:

• Positive Sentiment: Gilat reported Q1 EPS of $0.18, well ahead of consensus estimates, and net income turned positive, signaling improved profitability. Gilat Reports First Quarter 2026 Results
• Positive Sentiment: Revenue still grew 20% year over year to $110.5 million, adjusted EBITDA doubled to $15.1 million, and management reaffirmed full-year 2026 revenue guidance of $500 million to $520 million. Quiver AI Summary
• Neutral Sentiment: Analysts and news coverage highlighted the mixed quarter: strong earnings and profitability, but revenue of $110.47 million missed expectations of about $114.56 million, which likely tempered the market’s reaction. Gilat Satellite Networks shares slide after revenue misses expectations despite earnings beat
• Negative Sentiment: The stock may also be facing valuation pressure after a strong run-up over the past year, making investors less forgiving of any miss on revenue or guidance. Why Gilat Satellite Networks Stock Crashed Today

Analyst Ratings Changes

A number of brokerages recently weighed in on GILT. Freedom Capital raised shares of Gilat Satellite Networks from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. Wall Street Zen lowered shares of Gilat Satellite Networks from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $20.00 target price on shares of Gilat Satellite Networks in a research report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $20.00.

Gilat Satellite Networks Trading Down 21.4%

The stock has a 50 day simple moving average of $17.47 and a 200 day simple moving average of $15.45. The firm has a market capitalization of $1.16 billion, a PE ratio of 47.43 and a beta of 1.05.

Gilat Satellite Networks (NASDAQ:GILT) last announced its quarterly earnings results on Wednesday, May 13th. The communications equipment provider reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.14. The business had revenue of $110.47 million for the quarter, compared to analysts’ expectations of $114.56 million. Gilat Satellite Networks had a return on equity of 10.36% and a net margin of 4.59%. As a group, equities analysts anticipate that Gilat Satellite Networks Ltd. will post 0.47 earnings per share for the current year.

Insider Buying and Selling at Gilat Satellite Networks

In other Gilat Satellite Networks news, CEO Adi Sfadia sold 48,978 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $16.85, for a total transaction of $825,279.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Doron Kerbel sold 7,500 shares of the business’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $18.03, for a total value of $135,225.00. The SEC filing for this sale provides additional information. Corporate insiders own 1.13% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of GILT. SBI Securities Co. Ltd. lifted its stake in Gilat Satellite Networks by 82.1% in the fourth quarter. SBI Securities Co. Ltd. now owns 2,130 shares of the communications equipment provider’s stock worth $28,000 after acquiring an additional 960 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in Gilat Satellite Networks in the third quarter worth $26,000. Huntington National Bank lifted its stake in Gilat Satellite Networks by 200,000.0% in the fourth quarter. Huntington National Bank now owns 2,001 shares of the communications equipment provider’s stock worth $26,000 after acquiring an additional 2,000 shares during the period. Signaturefd LLC lifted its stake in Gilat Satellite Networks by 104.5% in the fourth quarter. Signaturefd LLC now owns 4,120 shares of the communications equipment provider’s stock worth $53,000 after acquiring an additional 2,105 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in Gilat Satellite Networks by 9.8% in the third quarter. Raymond James Financial Inc. now owns 24,412 shares of the communications equipment provider’s stock worth $318,000 after acquiring an additional 2,173 shares during the period. Hedge funds and other institutional investors own 35.72% of the company’s stock.

Gilat Satellite Networks Company Profile

Gilat Satellite Networks is a leading provider of satellite-based broadband connectivity solutions, specializing in the design, development and deployment of ground segment equipment and network services. The company’s core offerings include Very Small Aperture Terminal (VSAT) modems and hub systems, network management software, and end-to-end satellite communication platforms. These technologies enable broadband Internet access, enterprise networking, and cellular backhaul in regions where terrestrial infrastructure is limited or non-existent.

Founded in 1987 and headquartered in Petah Tikva, Israel, Gilat has established a track record of innovation in satellite communications.