tiprankstipranks
Eltek Ltd (ELTK)
NASDAQ:ELTK
US Market
Want to see ELTK full AI Analyst Report?

Eltek (ELTK) Price & Analysis

131 Followers

ELTK Stock Chart & Stats

$8.94
-$0.29(-3.13%)
At close: 4:00 PM EDT
$8.94
-$0.29(-3.13%)

Bulls Say, Bears Say

Bulls Say
Balance-sheet StrengthA low debt-to-equity (~0.14) and expanding equity/assets provide durable financial flexibility to fund working capital and capex, absorb near-term operating stress, and reduce refinancing risk. This conservatism supports execution of the capacity plan and cushions shocks over the next 2–6 months.
Backlog & Demand VisibilityA backlog that has more than doubled offers multi-quarter revenue visibility and reduces execution risk from near-term volatility. It underpins predictable revenue conversion as capacity comes online and supports sustained recovery in top-line growth if supply/logistics constraints are managed.
Capacity Expansion & TargetsProgress on production-line installation and a clear plan to reach two-line capacity by year-end are structural levers to restore margins and throughput. Reiterated $60–$65M revenue and ~26%–28% gross margin targets show management has a concrete operating plan tied to tangible asset deployment.
Bears Say
Weak Cash GenerationVery weak operating cash flow and deeply negative free cash flow are durable concerns: they limit the company's ability to fund investments, absorb shocks, and execute the capacity build without relying on external financing or depleting liquidity. This raises execution and funding risk over the medium term.
Profitability DeteriorationA recent swing from profit to net loss and compressed margins indicates structural pressure on profitability. If persistent, reduced returns impair reinvestment capacity and the ability to hit normalized margin targets, making margin recovery and sustained profitability a multi-quarter challenge.
Supply & Installation DisruptionsMaterial supply-chain, logistics and supplier-installation disruptions have directly delayed capacity ramp and reduced production efficiency. These structural operational impediments constrain revenue conversion from backlog and can persist if geopolitical and logistics issues remain unresolved, delaying normalization.

Eltek News

ELTK FAQ

What was Eltek Ltd’s price range in the past 12 months?
Eltek Ltd lowest stock price was $7.30 and its highest was $11.59 in the past 12 months.
    What is Eltek Ltd’s market cap?
    Eltek Ltd’s market cap is $56.96M.
      When is Eltek Ltd’s upcoming earnings report date?
      Eltek Ltd’s upcoming earnings report date is Aug 19, 2026 which is in 11 days.
        How were Eltek Ltd’s earnings last quarter?
        Eltek Ltd released its earnings results on May 19, 2026. The company reported -$0.42 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.42.
          Is Eltek Ltd overvalued?
          According to Wall Street analysts Eltek Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Eltek Ltd pay dividends?
            Eltek Ltd pays a Notavailable dividend of $0.19 which represents an annual dividend yield of 2.24%. See more information on Eltek Ltd dividends here
              What is Eltek Ltd’s EPS estimate?
              Eltek Ltd’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Eltek Ltd have?
              Eltek Ltd has 6,720,827 shares outstanding.
                What happened to Eltek Ltd’s price movement after its last earnings report?
                Eltek Ltd reported an EPS of -$0.42 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.412%.
                  Which hedge fund is a major shareholder of Eltek Ltd?
                  Currently, no hedge funds are holding shares in ELTK
                  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

                    Eltek Stock Smart Score

                    2
                    Underperform
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                    10

                    Technicals

                    SMA
                    Positive
                    20 days / 200 days
                    Momentum
                    6.69%
                    12-Months-Change

                    Fundamentals

                    Return on Equity
                    2.24%
                    Trailing 12-Months
                    Asset Growth
                    11.25%
                    Trailing 12-Months

                    Company Description

                    Eltek Ltd

                    Eltek Ltd. is an international supplier of printed circuit boards (PCBs), overseeing their manufacturing, distribution, and sale across various regions including Israel, Europe, North America, India, and the Netherlands. The company's product line features a wide selection of custom-engineered PCBs, encompassing traditional rigid, double-sided, and multi-layer boards, alongside more specialized flexible and flex-rigid circuitry. Additionally, they provide high-density interconnect (HDI) solutions. Eltek primarily serves a diverse range of clients, including original equipment manufacturers (OEMs) in critical industries such as defense, aerospace, medical, industrial, telecommunications, and networking. Contract electronic manufacturers also form a significant portion of its customer base. The company employs a multi-faceted sales strategy, reaching customers via its in-house direct sales team, a network of independent sales representatives, and partnerships with PCB trading and manufacturing enterprises. Founded in 1970, Eltek Ltd. is headquartered in Petach Tikva, Israel, and operates as a subsidiary of Nistec Golan Ltd.

                    Eltek (ELTK) Earnings & Revenues

                    ELTK Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The call described significant near-term operational and financial headwinds — declining revenue, margin deterioration, FX losses, and supply/logistics constraints — that drove a Q1 net loss and EBITDA loss. Offsetting these negatives are a materially larger backlog (more than doubled), two sizeable booked orders for 2026–2027, progress on capacity expansion (first line delivered and installation resumed), a solid cash position with no debt, and reiterated long-term targets (revenue $60–65M; gross margin 26%–28%). The near-term picture is challenging, but the company presents credible operational actions and demand indicators that could support recovery once logistics, FX and installation issues are resolved.View all ELTK earnings summaries
                    Similar Stocks
                    Company
                    Price & Change
                    Follow
                    Acorn Energy
                    Neonode
                    CPS Technologies
                    Sono-Tek
                    MicroCloud Hologram

                    Ownership Overview

                    0.07%4.53%95.40%
                    Insiders
                    4.53% Other Institutional Investors
                    95.40% Public Companies and
                    Individual Investors
                    Popular Stocks