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The latest update is out from Gilat ( (GILT) ).
On February 24, 2026, Gilat Satellite Networks announced it has secured $39 million in orders from a leading satellite operator for its Sidewinder electronically steered antenna in-flight connectivity terminals. The deal covers both linefit and retrofit aircraft installations, with deliveries scheduled over the next 12 months.
The new orders underscore rising global demand for advanced ESA solutions as airlines and service providers race to meet surging in-flight broadband usage. Gilat highlighted the Sidewinder terminal’s compact, multi-orbit design and efficiency as key differentiators, bolstering the company’s competitive position in the expanding in-flight connectivity market across LEO, MEO and GEO satellite networks.
The most recent analyst rating on (GILT) stock is a Hold with a $16.00 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.
The score is driven primarily by solid financial stability (very low leverage) and constructive technical momentum, supported by upbeat 2026 revenue/EBITDA guidance. Offsetting these positives are weakened 2025 cash generation and significant margin compression, alongside a high P/E valuation and execution risk around delayed orders and margin recovery.
To see Spark’s full report on GILT stock, click here.
More about Gilat
Gilat Satellite Networks Ltd., listed on Nasdaq and TASE under the ticker GILT, is a global provider of satellite-based broadband communications solutions and services. The company, together with subsidiaries Gilat Wavestream, Gilat DataPath and Gilat Stellar Blu, offers multi-orbit satellite networking platforms, in-flight connectivity terminals, satellite-on-the-move antennas, high-power amplifiers, and integrated ground systems for commercial and defense markets.
Its portfolio supports applications such as government and defense communications, in-flight connectivity and mobility, cellular backhaul, enterprise networking, aerospace and critical infrastructure. Leveraging more than 35 years of experience, Gilat focuses on next-generation connectivity over LEO, MEO and GEO constellations, Very High Throughput Satellites and software-defined satellites, with an emphasis on high service levels and global reach.
Average Trading Volume: 828,552
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.06B
Find detailed analytics on GILT stock on TipRanks’ Stock Analysis page.