tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Gilat Secures $60 Million Order for In-Flight Connectivity Terminals

Story Highlights
Gilat Secures $60 Million Order for In-Flight Connectivity Terminals

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Gilat ( (GILT) ) has provided an announcement.

On August 20, 2025, Gilat Satellite Networks Ltd. announced it has been awarded over $60 million in orders for its Stellar Blu ESA Sidewinder in-flight connectivity terminals by a leading satellite operator. This significant order marks a milestone in Gilat’s strategy to expand in-flight connectivity, particularly with new airline fleet awards and the first production run for Boeing’s OEM linefit terminals. This development is expected to open new opportunities in high-value markets such as VVIP and special mission aircraft, enhancing Gilat’s market positioning and offering advanced connectivity solutions.

The most recent analyst rating on (GILT) stock is a Buy with a $10.00 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 Outperform.

Gilat’s overall stock score is driven by strong financial performance and bullish technical indicators. The company’s robust revenue growth and strategic contracts in key segments are significant strengths. However, the high P/E ratio and challenges in production ramp-up slightly temper the outlook. The stock’s overbought technical condition also warrants caution.

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, offering next-generation solutions and services for commercial and defense applications. Gilat’s comprehensive portfolio includes a cloud-based platform, high-performance satellite terminals, and advanced antennas, supporting applications such as government and defense, in-flight connectivity, broadband access, and more.

Average Trading Volume: 554,515

Technical Sentiment Signal: Buy

Current Market Cap: $496.5M

For detailed information about GILT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1