Gilat Secures $40 Million Contract for SkyEdge IV Platform

The latest update is out from Gilat ( (GILT) ).

On June 3, 2025, Gilat Satellite Networks announced a significant $40 million contract for its virtualized SkyEdge IV platform. This platform, designed with a cloud-native architecture and future-ready for 5G-NTN standards, marks a major advancement in satellite ground networks. It enables satellite operators to meet modern connectivity demands by deploying the platform on standard cloud infrastructure. This contract underscores Gilat’s strategic evolution towards digital transformation in the satellite industry, promising new revenue streams and enhanced connectivity across terrestrial and non-terrestrial networks.

The most recent analyst rating on (GILT) stock is a Buy with a $8.50 price target. To see the full list of analyst forecasts on Gilat stock, see the GILT Stock Forecast page.

Spark’s Take on GILT Stock

According to Spark, TipRanks’ AI Analyst, GILT is a Neutral.

Gilat’s overall score reflects its strong financial performance and strategic growth initiatives, balanced by near-term technical challenges and valuation considerations. While the company exhibits robust revenue growth and operational efficiency, recent earnings call details reveal margin pressures and a net loss. The technical indicators suggest potential short-term weakness, though the longer-term outlook remains positive. The stock is fairly valued, with expectations for continued growth driven by strategic acquisitions and demand in key segments.

To see Spark’s full report on GILT stock, click here.

More about Gilat

Gilat Satellite Networks Ltd. is a global leader in satellite-based broadband communications, offering deep technology solutions for satellite, ground, and new space connectivity. With over 35 years of experience, Gilat provides next-generation solutions and services for both commercial and defense applications. The company, along with its subsidiaries, offers integrated solutions supporting multi-orbit constellations, Very High Throughput Satellites, and Software-Defined Satellites. Its comprehensive portfolio includes a cloud-based platform, modems, high-performance satellite terminals, and advanced antennas, catering to various applications such as government, defense, mobility, broadband access, and more.

Average Trading Volume: 325,944

Technical Sentiment Signal: Sell

Current Market Cap: $321M

See more data about GILT stock on TipRanks’ Stock Analysis page.