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Eltek Ltd (ELTK)
NASDAQ:ELTK
US Market
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Eltek (ELTK) Price & Analysis

131 Followers

ELTK Stock Chart & Stats

$9.10
$0.05(0.44%)
At close: 4:00 PM EST
$9.10
$0.05(0.44%)

Bulls Say, Bears Say

Bulls Say
Strong Liquidity And No DebtA cash balance of $11.1M and zero debt provides tangible runway to complete planned capacity investments, absorb near-term losses, and fund working-capital needs while sales and margins recover. This balance-sheet strength reduces refinancing risk and supports execution of the expansion plan over coming months.
Backlog Growth Boosting Revenue VisibilityA backlog that has more than doubled, including booked orders spanning 2026–2027, materially improves medium-term revenue visibility. This should support steady production ramp, utilization gains and margin recovery as new capacity is commissioned and backlog converts over the next several quarters.
Position In High-end PCB Markets And Competitive WinsEltek’s technology, certifications and recent competitive defense win demonstrate durable positioning in high-value segments (defense, aerospace, medical). Structural demand (including AI-driven fiberglass needs) supports higher-complexity orders and pricing power once operational constraints ease, underpinning longer-term revenue quality.
Bears Say
Very Weak Cash Generation And Negative Free Cash FlowSeverely negative free cash flow and almost zero operating cash generation erode internal funding for investment and working capital. Even with cash reserves, persistent negative FCF strains the company’s ability to sustain capital programs and heightens execution and refinancing risk if operational recovery stalls over the next several quarters.
Sharp Deterioration In Profitability And MarginsMargins collapsed year-over-year, reflecting adverse mix, pricing pressure and elevated costs. A swing from positive margins to large gross and operating losses indicates structural issues in cost pass-through, pricing power and efficiency that must be corrected to achieve the company’s targeted normalized margins.
Ongoing Supply, Logistics And FX HeadwindsMaterial shortages, long transit times and logistical limits—exacerbated by geopolitical disruptions—and meaningful FX losses (~$1.3M y/y) are structural bottlenecks. These reduce throughput, delay qualification of new lines and compress margins, risking slower backlog conversion and protracted underperformance over the coming quarters.

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 $12.19 in the past 12 months.
    What is Eltek Ltd’s market cap?
    Eltek Ltd’s market cap is $62.75M.
      When is Eltek Ltd’s upcoming earnings report date?
      Eltek Ltd’s upcoming earnings report date is Aug 19, 2026 which is in 78 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 Annually dividend of $0.19 which represents an annual dividend yield of 2.16%. 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 6,719,827 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
                    -6.69%
                    Trailing 12-Months
                    Asset Growth
                    11.25%
                    Trailing 12-Months

                    Company Description

                    Eltek Ltd

                    Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. The company offers a range of custom designed PCBs, including rigid, double-sided, and multi-layer PCBs, and flexible circuitry boards. It also offers high density interconnect, flex-rigid, and multi-layered boards. It primarily serves manufacturers of defense and aerospace, medical, industrial, telecom, and networking equipment, as well as contract electronic manufacturers and others. The company markets and sells its products primarily through direct sales personnel, sales representatives, and PCB trading and manufacturing companies. Eltek Ltd. was incorporated in 1970 and is headquartered in Petach Tikva, Israel. Eltek Ltd. is 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
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                    Ownership Overview

                    0.07%4.92%95.02%
                    Insiders
                    4.92% Other Institutional Investors
                    95.02% Public Companies and
                    Individual Investors

                    Options Prices

                    Currently, No data available
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