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Comtech Telecommunications (CMTL)
NASDAQ:CMTL
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Comtech Telecommunications (CMTL) Price & Analysis

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CMTL Stock Chart & Stats

$5.52
-$0.21(-5.06%)
At close: 4:00 PM EST
$5.52
-$0.21(-5.06%)

Bulls Say, Bears Say

Bulls Say
Margin Improvement & Adjusted EBITDAMaterial margin expansion and a >200% increase in adjusted EBITDA indicate structural improvement in product mix and cost control. If sustained, higher gross margins support durable operating leverage, reduce break-even risk, and improve free cash generation capacity over the medium term.
Consistent Positive Operating Cash FlowConsecutive positive operating cash flow quarters and meaningful liquidity signal improving cash conversion and short-term financial headroom. Durable cash flow helps fund production ramps, supports backlog conversion, and lowers reliance on external financing if management maintains execution.
Strong Bookings, Backlog & Revenue VisibilityA sizable backlog and book-to-bill well above 1 provide multi-quarter revenue visibility and a foundation for predictable revenue conversion. This supports scaling production of next-gen modems and recurring-service rollouts, underpinning sustained revenue streams if deliveries and funding milestones are met.
Bears Say
Elevated Leverage & Preferred ClaimLarge secured and subordinated borrowings combined with a significant preferred liquidation preference weigh on capital structure and restrict flexibility. This priority claim limits common equity recovery, increases refinancing and covenant risk, and can constrain investments or M&A over the medium term.
Historically Inconsistent Cash GenerationA multi-year pattern of negative operating and free cash flow implies reliance on financing to fund operations. Although TTM cash flow turned positive, the historical inconsistency raises execution risk that improved margins and backlog must translate into stable cash conversion to sustainably reduce leverage.
Topline Decline From Strategic Phasing OutIntentional exit of low-margin legacy programs improved margins but materially reduced revenue, creating timing sensitivity as new higher-margin programs must scale. Failure or delays in program ramps or government funding timing could leave a persistent revenue shortfall despite better unit economics.

Comtech Telecommunications News

CMTL FAQ

What was Comtech Telecommunications’s price range in the past 12 months?
Comtech Telecommunications lowest stock price was $1.71 and its highest was $6.21 in the past 12 months.
    What is Comtech Telecommunications’s market cap?
    Comtech Telecommunications’s market cap is $167.11M.
      When is Comtech Telecommunications’s upcoming earnings report date?
      Comtech Telecommunications’s upcoming earnings report date is Jun 04, 2026 which is in 3 days.
        How were Comtech Telecommunications’s earnings last quarter?
        Comtech Telecommunications released its earnings results on Mar 16, 2026. The company reported -$0.68 earnings per share for the quarter, missing the consensus estimate of -$0.58 by -$0.1.
          Is Comtech Telecommunications overvalued?
          According to Wall Street analysts Comtech Telecommunications’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Comtech Telecommunications pay dividends?
            Comtech Telecommunications pays a Quarterly dividend of $0.1 which represents an annual dividend yield of N/A. See more information on Comtech Telecommunications dividends here
              What is Comtech Telecommunications’s EPS estimate?
              Comtech Telecommunications’s EPS estimate is -0.54.
                How many shares outstanding does Comtech Telecommunications have?
                Comtech Telecommunications has 29,734,120 shares outstanding.
                  What happened to Comtech Telecommunications’s price movement after its last earnings report?
                  Comtech Telecommunications reported an EPS of -$0.68 in its last earnings report, missing expectations of -$0.58. Following the earnings report the stock price went down -24.536%.
                    Which hedge fund is a major shareholder of Comtech Telecommunications?
                    Currently, no hedge funds are holding shares in CMTL
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Comtech Telecommunications

                      Comtech Telecommunications Corp., together with its subsidiaries, designs, develops, produces, and markets products, systems, and services for communications solutions in the United States and internationally. It operates in two segments, Commercial Solutions and Government Solutions. The Commercial Solutions segment offers satellite ground station technologies, including single channel per carrier and time division multiple access modems, amplifiers, frequency converters, and network software to modulate, demodulate, and amplify signals, as well as to carry voice, video, and/or data over networks; and public safety and location technologies, such as 911 call handling and mapping solutions that allow cellular carriers and voice over the Internet carriers to deliver emergency calls to public safety emergency call centers. The Government Solutions segment provides tactical satellite-based networks, such as satellite modems, ruggedized routers, and solid-state drives; sustainment services for the secret Internet Protocol router and non-classified Internet Protocol router access point; and small aperture terminals. This segment also offers high-performance transmission technologies that are used in communication systems comprising electronic warfare, radar, and identification friend or foe (IFF); troposcatter technologies for satellite communication; and high-power radio frequency microwave amplifiers and related switching control technologies that are used in electronic warfare, communications, radar, IFF, and medical applications. The company serves satellite systems integrators, wireless and other communication service providers, satellite broadcasters, prime contractors and system suppliers, medical equipment companies, aviation industry system integrators, oil companies, and domestic and international defense and government customers, as well as end-customers. Comtech Telecommunications Corp. was founded in 1967 and is headquartered in Melville, New York.

                      Comtech Telecommunications (CMTL) Earnings & Revenues

                      CMTL Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed meaningful operational improvement and strategic repositioning: margin expansion, stronger adjusted EBITDA, sustained positive operating cash flow (four consecutive quarters), robust bookings (book-to-bill 1.64x), backlog growth and specific product/program wins (Allerium contract funding, troposcatter and modem programs). These positives are tempered by a year-over-year revenue decline (~15.7%), a significant decrease in Satellite & Space sales (~31%) due to the phasing out of legacy low-margin business and government shutdown timing impacts, and a leveraged balance sheet with substantial preferred liquidation preference. On balance the company demonstrated credible progress toward higher-margin, recurring-revenue business and improved cash generation, but capital structure and near-term revenue timing remain areas to monitor.View all CMTL earnings summaries
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                      Ownership Overview

                      3.01%13.52%23.24%55.63%
                      23.24% Other Institutional Investors
                      55.63% Public Companies and
                      Individual Investors
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