GILT Stock Forecast & Price Target

Gilat Satellite Networks Ltd ended the third quarter of 2025 with a significantly improved cash position, reporting $155 million in cash, cash equivalents, and restricted cash, which reflects a substantial increase from both the previous quarter and the same period last year, largely attributed to the Stellar Blue acquisition. The company's revenue and non-GAAP earnings per share exceeded consensus estimates, driven by strong performance in the Peru segment and a ramp-up in production from Stellar Blue, while its defense segment sales showed a positive quarterly rebound despite a year-over-year decline. Furthermore, the company is well-positioned to capitalize on the accelerating growth in the in-flight connectivity market and has the potential to become a consolidator in the specialty satellite technology sphere, supported by its strong balance sheet and management's expectations of increased orders from a LEO customer.

Gilat Satellite Networks Ltd faces a challenging outlook primarily due to a significant decline in the satellite mobile backhaul market attributed to the emergence of new direct-to-device (D2D) services. This market contraction raises concerns about the company’s growth potential and highlights underlying volatility in its GAAP metrics. Despite a reported EBITDA of $15.6 million, which exceeded consensus estimates, the overall financial environment remains precarious, suggesting that sustained performance may be difficult in the face of these market shifts.