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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
Deleveraging Via Strategic DivestitureProceeds from the Satellite & Space sale earmarked to prepay senior and subordinated debt materially reduce leverage and interest burden. Combined with covenant suspension through mid‑2027, this structural deleveraging improves solvency and strategic flexibility to refocus capital on Allerium growth.
Recurring, Higher‑margin Allerium PlatformAllerium’s mix of recurring software-and-services, solid contract wins, and ~19% segment margins creates a stickier, higher-margin core business. This shifts Comtech toward predictable revenue streams and supports margin sustainability as the company simplifies its portfolio post-sale.
Sustained Positive Operating Cash FlowA run of consecutive positive operating cash flows and TTM free cash flow turnaround signals improving cash generation vs prior multi-year burns. Durable cash conversion reduces refinancing risk, funds debt paydown and reinvestment, assuming the trend persists through cycles.
Bears Say
Declining Revenue TrendManagement intentionally phased out lower‑margin S&S revenues, causing a material top‑line decline. Reduced scale and lower book‑to‑bill (consolidated 0.67) constrain operating leverage and make sustained revenue growth and backlog conversion key execution risks over the medium term.
Heavy Legacy Capital StructureEven after the asset sale, substantial senior/subordinated debt and a large preferred liquidation claim materially limit free cash available for growth or equity returns. The legacy capital structure reduces financial optionality and could constrain strategic investments despite improved liquidity.
Profitability Not Fully StabilizedAlthough gross margin and operating performance have improved, persistent historical net losses and a negative TTM net income indicate profitability fragility. Continued reliance on one‑time adjustments and transition costs risks undermining long‑term earnings durability without sustained revenue recovery.

Comtech Telecommunications News

CMTL FAQ

What was Comtech Telecommunications’s price range in the past 12 months?
Comtech Telecommunications lowest stock price was $1.80 and its highest was $6.21 in the past 12 months.
    What is Comtech Telecommunications’s market cap?
    Comtech Telecommunications’s market cap is $71.91M.
      When is Comtech Telecommunications’s upcoming earnings report date?
      Comtech Telecommunications’s upcoming earnings report date is Oct 06, 2026 which is in 107 days.
        How were Comtech Telecommunications’s earnings last quarter?
        Comtech Telecommunications released its earnings results on Jun 15, 2026. The company reported -$0.47 earnings per share for the quarter, beating the consensus estimate of -$0.54 by $0.07.
          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 -0.59.
                How many shares outstanding does Comtech Telecommunications have?
                Comtech Telecommunications has 29,961,432 shares outstanding.
                  What happened to Comtech Telecommunications’s price movement after its last earnings report?
                  Comtech Telecommunications reported an EPS of -$0.47 in its last earnings report, beating expectations of -$0.54. Following the earnings report the stock price went down -42.961%.
                    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., founded in 1967 and headquartered in Melville, New York, is a global innovator in communication solutions. The company actively develops, manufactures, and supplies a wide array of products, systems, and services to both commercial and government clients across the United States and internationally. Its Commercial Solutions segment offers sophisticated satellite ground station technologies. This includes various modems (such as single channel per carrier and time division multiple access units), amplifiers, frequency converters, and network software designed to modulate, demodulate, and amplify signals for transmitting voice, video, and data over networks. This segment also provides critical public safety and location services, like 911 call handling and mapping solutions, enabling cellular and voice-over-IP carriers to effectively route emergency calls to public safety answering points. The Government Solutions segment delivers advanced tactical satellite-based networks, comprising satellite modems, ruggedized routers, and solid-state drives. It also provides essential sustainment services for both secure and unclassified Internet Protocol router access points, along with small aperture terminals. Furthermore, this segment offers high-performance transmission technologies utilized in demanding applications such as electronic warfare, radar, and identification friend or foe (IFF) systems. Complementing these are troposcatter technologies for satellite communication and powerful radio frequency microwave amplifiers and related switching control systems, which find use in electronic warfare, general communications, radar, IFF, and medical applications. Comtech serves a diverse clientele that encompasses satellite systems integrators, wireless and other communication service providers, satellite broadcasters, prime contractors, system suppliers, medical equipment manufacturers, aviation industry integrators, oil companies, and domestic and international defense and government organizations, as well as end-users.

                      Comtech Telecommunications (CMTL) Earnings & Revenues

                      CMTL Earnings Call

                      Q3 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call conveyed a transformational narrative: management delivered operational improvements (fifth straight quarter of positive operating cash flow), higher gross margins, a strategic sale of the Satellite & Space business that will generate substantial proceeds (~$143M–$145M net) to materially reduce debt, and covenant relief that improves liquidity and flexibility. Allerium (public safety) shows encouraging recurring revenue, strong contract wins, and attractive margins. Offsetting these positives are lower consolidated net sales (~-16%), a meaningful decline in adjusted EBITDA (~-35%), continued significant subordinated debt and preferred liquidation preferences, and one-time/non-cash charges that widened the operating loss. Overall, the strategic deleveraging and margin/cash flow improvements materially strengthen the company’s outlook, though revenue and EBITDA declines and legacy capital structure obligations remain notable near-term headwinds.View all CMTL earnings summaries
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                      3.05%13.41%23.06%55.83%
                      23.06% Other Institutional Investors
                      55.83% Public Companies and
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