Gilat Satellite Networks Releases Mid-2025 Financial Update

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2025.08.12 13:29
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Gilat Satellite Networks Ltd. released its financial update for the period ending June 30, 2025, revealing a decrease in cash and cash equivalents from $119.4 million to $64.9 million, indicating potential liquidity challenges. However, total assets increased to $575.9 million, driven by growth in intangible assets. The latest analyst rating for GILT stock is a Buy with a price target of $8.50, reflecting strong financial performance despite a high P/E ratio and production challenges. Gilat operates in satellite communications, focusing on broadband solutions.