Gilat Satellite Networks (NASDAQ:GILT – Get Free Report) is anticipated to issue its Q1 2026 results before the market opens on Wednesday, May 13th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $114.5590 million for the quarter. Parties may review the information on the company’s upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, May 14, 2026 at 4:00 AM ET.
Gilat Satellite Networks (NASDAQ:GILT – Get Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The communications equipment provider reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.07. Gilat Satellite Networks had a return on equity of 10.36% and a net margin of 4.59%.The company had revenue of $136.96 million for the quarter, compared to analyst estimates of $133.56 million. On average, analysts expect Gilat Satellite Networks to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Gilat Satellite Networks Stock Down 1.2%
Shares of GILT traded down $0.24 during midday trading on Wednesday, hitting $19.83. The company’s stock had a trading volume of 354,923 shares, compared to its average volume of 857,974. Gilat Satellite Networks has a one year low of $5.43 and a one year high of $20.56. The company’s fifty day simple moving average is $17.07 and its two-hundred day simple moving average is $15.23. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 60.06 and a beta of 1.05.
Analyst Ratings Changes
View Our Latest Stock Analysis on GILT
Insider Buying and Selling at Gilat Satellite Networks
In related news, insider Doron Kerbel sold 7,500 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $18.03, for a total transaction of $135,225.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Adi Sfadia sold 48,978 shares of Gilat Satellite Networks stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $16.85, for a total value of $825,279.30. The disclosure for this sale is available in the SEC filing. Company insiders own 1.13% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Van ECK Associates Corp lifted its holdings in Gilat Satellite Networks by 77.3% during the 4th quarter. Van ECK Associates Corp now owns 1,068,141 shares of the communications equipment provider’s stock worth $13,822,000 after buying an additional 465,775 shares during the period. Defiance ETFs LLC acquired a new position in Gilat Satellite Networks during the 4th quarter worth about $13,555,000. UBS Group AG lifted its holdings in Gilat Satellite Networks by 613.4% during the 3rd quarter. UBS Group AG now owns 963,547 shares of the communications equipment provider’s stock worth $12,545,000 after buying an additional 828,489 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Gilat Satellite Networks by 995.8% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 907,794 shares of the communications equipment provider’s stock worth $11,755,000 after buying an additional 824,949 shares during the period. Finally, Goldman Sachs Group Inc. lifted its holdings in Gilat Satellite Networks by 1,205.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 882,983 shares of the communications equipment provider’s stock worth $11,426,000 after buying an additional 815,360 shares during the period. 35.72% of the stock is owned by institutional investors and hedge funds.
Gilat Satellite Networks Company Profile
Gilat Satellite Networks is a leading provider of satellite-based broadband connectivity solutions, specializing in the design, development and deployment of ground segment equipment and network services. The company’s core offerings include Very Small Aperture Terminal (VSAT) modems and hub systems, network management software, and end-to-end satellite communication platforms. These technologies enable broadband Internet access, enterprise networking, and cellular backhaul in regions where terrestrial infrastructure is limited or non-existent.
Founded in 1987 and headquartered in Petah Tikva, Israel, Gilat has established a track record of innovation in satellite communications.
Read More
Receive News & Ratings for Gilat Satellite Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gilat Satellite Networks and related companies with MarketBeat.com's FREE daily email newsletter.
