# Gilat Satellite Networks Ltd. (GILT)

> Source: Nexqual · https://nexqual.com/GILT · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Gilat Satellite Networks Ltd. (GILT), nexqual.com/GILT" · informational, not investment advice.

**Price:** USD 7.45 (-5.34% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 7.87 · day 7.4–7.74 · 52w 7.4–20.93 · market cap $574M · NMS

## Key facts
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $312K; 1 not under a Rule 10b5-1 plan ($45K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 1.67 on a 1–5 scale) (3 analysts), mean target USD 19.2 (range 18.4–20).
- Total return with dividends: 1Y -48.0% vs S&P 500 +14.9%; 5Y -10.7% vs S&P 500 +80.3%.
- Next earnings: 2026-11-10, EPS estimate USD 0.14, revenue estimate $127M.

## Insider sales (SEC Form 4, open-market, last ~7 months)
1 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-06 | Ofek Amir Yechiel | Director | 3,923 | $45K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-11 | Rohrstock Arieh | President, Gilat Peru | 17,568 | $268K | 70% | Yes (adopted March 12, 2026) | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Buy (mean 1.67 on a 1–5 scale), 3 analysts; mean target USD 19.2 (low 18.4, high 20).

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | -48.0% | -10.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -48.2% | -2.2% |
| Volatility (annualized) | 69.3% | 47.5% |
| Max drawdown | -64.3% (May 2026→Oct 2026) | -61.6% (May 2026→Oct 2026) |

## Peers (Communication Equipment)
NTGR (NETGEAR, Inc.) USD 22.31 -1.98% · ADTN (ADTRAN Holdings, Inc.) USD 6.45 -3.59% · FEIM (Frequency Electronics, Inc.) USD 61.6 -9.66% · CLFD (Clearfield, Inc.) USD 27.5 -5.69% · HLIT (Harmonic Inc.) USD 10.09 -5.96% · VISN (Vistance Networks, Inc.) USD 6.08 -0.49%

## More
Full page: https://nexqual.com/GILT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in GILT's own 20-F filed 2026-03-16 (https://www.sec.gov/Archives/edgar/data/897322/000117891326000929/zk2634518.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Stellar Blu Solutions | "entered into a Membership Interest Purchase Agreement with Stellar Blu Solutions LLC, or SBS, a leading US-based provider of next-generation" |
| Competitor | SpaceX | "a competitive market with multiple players such as SpaceX's Starlink, Intellian Ltd., or Intellian, Get Sat Communication Ltd. or" |
| Competitor | Amazon (AMZN) | "The anticipated rollout and expansion of Amazon Leo could further intensify the competitive" |

Other companies that name GILT in their own reports (relationship from GILT's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| customer | Gogo Inc. (GOGO) | 10-K 2026-02-27 | "Likewise, under Satcom Direct's agreement with Gilat Satellite Networks Ltd., Satcom Direct's supplier for an antenna similar to our full duplex antenna which could be used on a LEO satellite network …" |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.14 | $0.15 | -6.5% | $127.5M | 3 |
| Next quarter (ends 2026-12-31) | $0.17 | $0.18 | -5.7% | $145.0M | 3 |
| Current fiscal year (ends 2026-12-31) | $0.68 | $0.59 | +14.6% | $507.8M | 3 |
| Next fiscal year (ends 2027-12-31) | $0.77 | $0.76 | +1.3% | $566.8M | 3 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-10): ±16.4%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 72.9% | ±16.4% |
| 2026-12-18 | 56 | 64.8% | ±20.4% |
| 2027-01-15 | 84 | 66.2% | ±25.4% |
| 2027-03-19 | 147 | 71.7% | ±36.4% |
| 2027-06-17 | 237 | 70.6% | ±44.7% |