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Gilat Secures $60 Million Contract for Digital Inclusion in Peru

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Gilat Secures $60 Million Contract for Digital Inclusion in Peru

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An announcement from Gilat ( (GILT) ) is now available.

On July 22, 2025, Gilat Satellite Networks Ltd. announced that its subsidiary, Gilat Perú, secured approximately $60 million in orders from Pronatel, Peru’s national telecommunications program. The orders aim to upgrade the Regional Broadband infrastructure in the Apurímac, Huancavelica, and Ayacucho regions. This project will deliver 200 Mbps internet to nearly 800 public institutions over four years, significantly enhancing digital inclusion and public services in rural Peru. The initiative underscores Gilat’s commitment to bridging the digital divide and strengthening its partnership with the Peruvian State.

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 stock score is driven by strong technical analysis and financial performance, despite valuation concerns and mixed earnings call insights. The company’s growth strategy and market positioning are promising, but profitability and margin challenges need addressing to sustain investor confidence.

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

More about Gilat

Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications. With over 35 years of experience, the company develops and delivers technology solutions for satellite, ground, and new space connectivity. Gilat offers next-generation solutions and services for critical connectivity across commercial and defense applications. The company, along with its subsidiaries, provides integrated solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS).

Average Trading Volume: 419,405

Technical Sentiment Signal: Buy

Current Market Cap: $449.9M

For a thorough assessment of GILT stock, go to TipRanks’ Stock Analysis page.

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