Gilat Satellite Networks Ltd.

Shares of Israeli satellite communications company Gilat, which are traded on the Nasdaq, could rise almost 20% over the next two months, according to an investment idea put out by Freedom Broker (and seen by <i>Oninvest</i>). The selloff following the company’s latest earnings has created an attractive entry point, while rising tensions in the Middle East are boosting demand for the company’s products, the analysts said.

Freedom sees attractive entry point in satellite maker Gilat amid geopolitical morass

On January 6, 2025, Israel’s Gilat Satellite Networks, which develops, manufactures, and markets ground-based satellite systems for in-flight connectivity, <a href="https://www.gilat.com/pressreleases/gilat-completes-acquisition-of-stellar-blu-solutions-llc/?utm_source=in_materials">completed</a> its <a href="https://www.gilat.com/wp-content/uploads/2024/12/Amendment-to-Purchase-Agreement-to-Acquire-Stellar-Blu-Solutions-LLC.pdf?utm_source=in_materials">acquisition</a> of U.S.-based Stellar Blu, a provider of avionics solutions and satellite communications terminals. In an exclusive interview with Kursiv.Investments, Gilat CFO <strong>Gil Benyamini</strong> explained the significance of the deal and the company’s future plans.