B. Riley Financial Issues Pessimistic Forecast for Comtech Telecommunications (NASDAQ:CMTL) Stock Price

Comtech Telecommunications (NASDAQ:CMTL) had its price objective reduced by equities research analysts at B. Riley Financial from $6.00 to $4.75 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “buy” rating on the communications equipment provider’s stock. B. Riley Financial’s price objective suggests a potential upside of 283.06% from the stock’s previous close.

CMTL has been the subject of several other reports. Northcoast Research began coverage on Comtech Telecommunications in a report on Thursday, July 23rd. They issued a “buy” rating and a $2.50 target price for the company. Weiss Ratings upgraded Comtech Telecommunications from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, October 6th. Finally, Wall Street Zen lowered Comtech Telecommunications from a “hold” rating to a “sell” rating in a report on Monday, July 20th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $3.62.

Comtech Telecommunications Stock Down 3.1%

NASDAQ:CMTL traded down $0.04 on Thursday, hitting $1.24. The stock had a trading volume of 83,906 shares, compared to its average volume of 400,910. The company has a debt-to-equity ratio of 4.02, a quick ratio of 1.19 and a current ratio of 1.61. The stock has a market cap of $37.15 million, a P/E ratio of -0.56 and a beta of 1.59. Comtech Telecommunications has a 1 year low of $1.15 and a 1 year high of $6.21. The firm’s fifty day simple moving average is $1.53 and its two-hundred day simple moving average is $2.64.

Institutional Trading of Comtech Telecommunications

Several hedge funds have recently added to or reduced their stakes in CMTL. Hsbc Holdings PLC boosted its stake in Comtech Telecommunications by 17.0% in the first quarter. Hsbc Holdings PLC now owns 22,609 shares of the communications equipment provider’s stock valued at $72,000 after acquiring an additional 3,278 shares during the last quarter. Squarepoint Ops LLC grew its position in shares of Comtech Telecommunications by 61.7% during the 2nd quarter. Squarepoint Ops LLC now owns 63,649 shares of the communications equipment provider’s stock valued at $134,000 after acquiring an additional 24,295 shares during the period. Cetera Investment Advisers increased its stake in shares of Comtech Telecommunications by 80.6% during the 1st quarter. Cetera Investment Advisers now owns 40,962 shares of the communications equipment provider’s stock worth $136,000 after purchasing an additional 18,287 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new stake in shares of Comtech Telecommunications during the 1st quarter worth approximately $236,000. Finally, Globeflex Capital L P purchased a new stake in shares of Comtech Telecommunications during the 2nd quarter worth approximately $269,000.

Trending Headlines about Comtech Telecommunications

Here are the key news stories impacting Comtech Telecommunications this week:

• Positive Sentiment: Fourth-quarter operating cash flow improved to $18.5 million from cash usage of $1.2 million a year earlier, while gross margin rose to 40.6% from 34.7%. Comtech also reported funded backlog of $520.4 million and year-end liquidity of $61.3 million, supporting revenue visibility. Comtech Announces Financial Results for Fourth Quarter and Fiscal Year 2026
• Positive Sentiment: Comtech expects the planned sale of most of its Satellite & Space Communications business to a Gilat Satellite Networks affiliate to close in calendar 2026. The transaction has a base cash purchase price of $157.5 million and could strengthen the company’s balance sheet and strategic focus. Comtech Reports Fourth-Quarter Revenue for Fiscal 2026
• Neutral Sentiment: B. Riley reduced its price target to $4.75 from $6 but retained a Buy rating, indicating lower near-term expectations while maintaining a constructive long-term view. B. Riley Adjusts Price Target on Comtech
• Neutral Sentiment: The company appointed Rich Nyren as executive vice president of finance and Amy Rothstein-Hovey as general counsel as part of a planned leadership realignment ahead of the anticipated Satellite & Space Communications sale. The transition could improve execution but adds management-change uncertainty. Comtech Announces Leadership Updates
• Negative Sentiment: Fourth-quarter revenue fell 12.1% year over year to $66.2 million, while Comtech posted a $14.7 million net loss attributable to common stockholders. Full-year revenue was $249.6 million and the continuing-operations net loss attributable to common stockholders reached $51 million, underscoring ongoing financial pressure. Comtech Fiscal Fourth-Quarter Net Loss Widens

Comtech Telecommunications Company Profile

Comtech Telecommunications Corp. (NASDAQ: CMTL) is a technology company that develops and supplies communications infrastructure and network solutions for government, defense, public safety, telecommunications, and enterprise customers. Its offerings are designed to support connectivity in locations where reliable, secure, or resilient communications are required.

The company’s products and services have included satellite modems and terminals, satellite ground systems, troposcatter and other wireless communications equipment, network management software, and location-based technologies.