Gilat Satellite Networks Secures $27 Million ESA Terminal Contract

Gilat Satellite Networks Ltd. has secured a $27 million contract for its Gilat Stellar Blu ESA Terminal technology, highlighting the company's expanding footprint in the commercial, business, and defense aviation sectors. This compact, high-performance terminal supports multi-orbit capabilities and next-generation aviation networks, emphasizing scalability and high-capacity communications. The majority of deliveries are expected over the next 12 months, marking a significant step in advancing Gilat's Sidewinder platform. Analysts maintain an 'Outperform' rating on the stock with an average price target of $8.40, suggesting a potential upside of over 39%, while GuruFocus estimates a fair value near $10.50, indicating a 74% upside. Despite strong financial performance and robust revenue growth, some technical indicators point to mixed signals in the stock's valuation and market sentiment.