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Eltek ( (ELTK) ) has issued an announcement.
Eltek Ltd. reported strong financial results for the second quarter of 2025, with a 20% increase in revenue compared to the same period in 2024, reaching $12.5 million. The company’s gross margin expanded to 24%, driven by growth in its defense and medical segments, operational improvements, and a favorable product mix. Despite a non-cash financial expense due to currency fluctuations, Eltek’s operating profit more than tripled to $1.5 million. The company is expanding its production capacity, although there is a delay in the delivery of new coating lines. Eltek is adjusting its pricing model to counteract the impact of currency fluctuations, aiming to protect future margins.
Spark’s Take on ELTK Stock
According to Spark, TipRanks’ AI Analyst, ELTK is a Neutral.
Eltek’s overall stock score reflects a solid financial foundation with strong profitability and low leverage. However, challenges in revenue growth and cash flow, coupled with mixed technical indicators and earnings call sentiment, temper the outlook. The company’s valuation is reasonable, but near-term profitability challenges and operational disruptions weigh on the score.
To see Spark’s full report on ELTK stock, click here.
More about Eltek
Eltek Ltd. is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs). It specializes in the production of complex, high-quality PCBs, including HDI, multilayered, and flex-rigid boards for high-end markets. The company serves leading firms in the defense, aerospace, and medical industries across Israel, the United States, Europe, and Asia. Founded in 1970, Eltek is headquartered in Israel and operates through a subsidiary in North America and agents in various regions worldwide.
Average Trading Volume: 21,312
Technical Sentiment Signal: Strong Buy
Current Market Cap: $69.09M
See more insights into ELTK stock on TipRanks’ Stock Analysis page.