Analyst upgrade and new target
Freedom Capital Markets has moved Gilat Satellite Networks (NASDAQ:GILT) from a Hold rating to Buy and increased its 12-month price target to $18.00 from $17.00. At the time of the update, that new target represents about 36% upside versus the cited reference share price of $13.25.
Performance that prompted the change
The upgrade followed Gilat’s fourth-quarter 2025 financial report, which Freedom Capital Markets described as "impressive" and said "significantly exceeded market expectations for both revenue and earnings per share." The research house attributed the better-than-expected result to specific operational momentum and execution on projects.
Freedom Capital Markets highlighted two operational drivers in particular: ongoing strength in the In-Flight Connectivity segment and an acceleration of project deployment in Peru. These factors were singled out as key contributors to the quarter’s outperformance.
Outlook and market reaction
In addition to praising the quarterly results, the analyst noted that Gilat offered what it called "constructive guidance for 2026 with substantial revenue growth potential and improved profitability." Despite the strong reported results and optimistic guidance, Gilat’s shares fell sharply in pre-market trading following the earnings release, a market reaction the research firm referenced when assessing valuation opportunity.
Freedom Capital Markets observed that, notwithstanding the operational strength, the stock had "sold off considerably," language it used to characterize the recent price action and to frame the upgrade as driven in part by what it sees as a "window of opportunity" for investors.
Additional company disclosures noted
Separately, Gilat Satellite Networks Ltd. reported fourth-quarter earnings that topped analyst expectations and recorded strong revenue growth, while providing an upbeat outlook for 2026. The combination of a beats-driven quarter and forward-looking guidance was contrasted with the immediate share-price decline in pre-market trading, underscoring a disconnect between reported financial performance and short-term market reaction.
Investor considerations
These developments emphasize the company’s recent operational progress, its projection for next-year growth, and the market volatility that followed the announcement. Investors evaluating Gilat should weigh the upgraded analyst view and raised price target alongside the recent share-price behavior and the company’s forward guidance.