GILT Stock Forecast & Price Target

Gilat Satellite Networks Ltd. has shown significant financial improvement, ending the third quarter of 2025 with cash and equivalents totaling $155 million, a notable rise from $65 million in the previous quarter and $110 million a year prior, primarily due to the Stellar Blue acquisition. The company's revenue and non-GAAP earnings per share exceeded consensus expectations, driven by strong performance in the Peru segment and a ramp-up in production at Stellar Blue, despite a year-over-year decline in Defense segment sales. Furthermore, the accelerating growth in the in-flight connectivity (IFC) market, coupled with Gilat’s robust balance sheet and anticipated consolidation opportunities in a burgeoning satellite technology sector, positions the company favorably for future expansion and profitability.

Gilat Satellite Networks faces a negative outlook primarily due to a significant decline in the satellite mobile backhaul market, driven by emerging direct-to-device (D2D) services that may outpace traditional offerings. Additionally, the expectation of outsized volatility in GAAP metrics raises concerns regarding the reliability of financial performance indicators. While EBITDA showed a positive variance against consensus estimates, the overall market environment and competitive pressures suggest ongoing challenges for the company.