Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications... Show more
Gilat Satellite Networks Ltd. (GILT), a provider of satellite-based broadband communication solutions including ground equipment for commercial, defense, and mobility applications, saw its shares plummet 21.22% on May 13, 2026. The stock closed at $15.78, down from the prior session's close of $20.00. Markets reacted negatively to the company's first-quarter earnings release after the bell on May 12, prioritizing the revenue shortfall over the earnings beat.
Gilat reported Q1 2026 non-GAAP EPS of $0.18, surpassing analyst expectations of $0.11, while GAAP EPS came in at $0.07, reversing a year-ago loss of $0.11 per share. Revenue reached $110.5 million, up 20% from $92.0 million a year earlier, but fell short of the $114.4 million consensus. Adjusted EBITDA doubled to $15.1 million, reflecting improved margins from a strong mix of defense and commercial orders. Commercial revenues were $72.8 million, defense $25.4 million, and Peru operations $12.3 million. Despite robust backlog growth from recent multimillion-dollar contracts, the top-line miss triggered selling pressure.
Management reiterated full-year 2026 guidance for revenue of $500-$520 million, implying about 13% growth at the midpoint, and adjusted EBITDA of $61-$66 million. While in line with Wall Street forecasts, this outlook disappointed investors expecting acceleration after Q1's strong performance. The guidance highlights reliance on converting a robust pipeline of satellite network deals amid competitive pressures in LEO/GEO deployments and defense programs.
Volume exploded to 2.83 million shares, over 3.8 times the 741,445 average, indicating heavy profit-taking after a 200%+ run over the past year fueled by space sector enthusiasm. The plunge breached key technical support near the 50-day moving average around $18.50 and erased recent gains to a 52-week high of $20.93. Broader indices were mixed, but GILT underperformed satellite peers like Viasat (VSAT) and Comtech (CMTL), which saw modest declines, as earnings-specific concerns dominated over sector momentum.
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Investors will monitor Q2 results for progress toward annual targets, with consensus eyeing $122.9 million revenue and $0.16 EPS. Key contract wins in defense SATCOM and LEO gateways could bolster backlog conversion. Analyst consensus holds at Moderate Buy with a $20 target, though post-earnings updates may adjust. Sector risks include satellite capacity gluts and geopolitical tensions impacting defense spending, while opportunities lie in 5G NTN and mobility demand. Upcoming events include the earnings call replay analysis and potential follow-on orders.
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GILT saw its Momentum Indicator move below the 0 level on May 13, 2026. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned negative. In of the 82 cases, the stock moved further down in the following days. The odds of a decline are at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 60 cases where GILT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GILT turned negative on May 13, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
GILT moved below its 50-day moving average on May 13, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GILT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GILT broke above its upper Bollinger Band on May 11, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The 10-day moving average for GILT crossed bullishly above the 50-day moving average on April 13, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where GILT advanced for three days, in of 266 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 213 cases where GILT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.263) is normal, around the industry mean (6.575). P/E Ratio (30.923) is within average values for comparable stocks, (60.387). GILT's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.245). GILT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.022). P/S Ratio (2.239) is also within normal values, averaging (19.438).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GILT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider of Internet protocol based digital satellite communication and networking products and services
Industry TelecommunicationsEquipment