Eltek Secures $2.4 Million Defense Orders

The latest announcement is out from Eltek ( (ELTK) ).

On August 25, 2025, Eltek Ltd. announced it received purchase orders totaling $2.4 million from a leading Israeli defense company. The orders, which involve critical PCB components previously supplied to the customer, are scheduled for delivery mainly in 2026 and 2027. This development underscores Eltek’s strong positioning in the defense sector and its capability to provide advanced technological solutions, potentially enhancing its market presence and stakeholder confidence.

The most recent analyst rating on (ELTK) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Eltek stock, see the ELTK Stock Forecast page.

Spark’s Take on ELTK Stock

According to Spark, TipRanks’ AI Analyst, ELTK is a Outperform.

Eltek’s overall stock score is driven by strong financial performance and positive earnings call highlights, including revenue growth and profitability improvements. However, technical analysis and valuation concerns, such as high P/E ratio and cash flow challenges, 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). The company specializes in complex and high-quality PCBs, including HDI, multilayered, and flex-rigid boards for high-end markets. Eltek serves leading companies 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 and distributors in Europe, India, South Africa, and South America.

Average Trading Volume: 19,730

Technical Sentiment Signal: Buy

Current Market Cap: $67.81M

See more insights into ELTK stock on TipRanks’ Stock Analysis page.