
GILT Stock Forecast & Price Target
GILT Analyst Ratings
Bulls say
Gilat Satellite Networks Ltd. reported a healthy increase in cash reserves, ending the third quarter of 2024 with $120 million in cash and equivalents, reflecting a consistent upward trend compared to previous quarters. The company achieved a year-over-year revenue growth of 3.3% in the fourth quarter, which aligns with their fiscal guidance, while demonstrating strong gross margins and operational efficiency, contributing to improved profitability. With a robust balance sheet and a favorable market position, Gilat is well-poised to capitalize on the growing demand for specialty satellite technology, particularly in the in-flight connectivity sector, where there are significant opportunities for high gross margins.
Bears say
Gilat Satellite Networks reported 4Q24 results that revealed total revenue of $78.1 million, which fell 6% short of consensus estimates and raised concerns regarding its ongoing revenue growth potential. Despite a GAAP EPS of $0.21 exceeding expectations, the company's guidance for fiscal year 2025 included a downward revision of the high end of its revenue forecast to $305-$315 million, signaling potential challenges ahead. Additionally, the acquisition of Stellar Blu has not yielded the anticipated revenue and profitability outcomes, further highlighting issues related to market leadership and competitive positioning.
This aggregate rating is based on analysts' research of Gilat Satellite Networks and is not a guaranteed prediction by Public.com or investment advice.
GILT Analyst Forecast & Price Prediction
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