Gilat Satellite Networks Ltd., a prominent player in the Information Technology sector, specifically within the Communications Equipment industry, has recently experienced notable developments. Based in Petah Tikva, Israel, Gilat is renowned for its expertise in designing, developing, manufacturing, marketing, and supporting very small aperture terminal satellite earth stations, along with related hub equipment and software. These products are integral to telecommunications networks that facilitate satellite-based communications between central locations and numerous geographically-dispersed sites.
As of the latest trading session on February 12, 2026, Gilat’s stock closed at $13.77 on the Nasdaq, where it is publicly traded. This closing price reflects a significant position within its 52-week range, which spans from a high of $20.38 on January 29, 2026, to a low of $5.30 on April 3, 2025. The current price represents approximately 67% of its historical peak, indicating a moderate retracement from its recent performance levels.
A pivotal development for Gilat has been the recent ownership change, marked by Yelin Lapidot Holdings Management Ltd. increasing its stake in the company. This strategic move underscores a growing confidence in Gilat’s market position and future prospects. The company’s market capitalization stands at approximately $1.01 billion USD, reflecting its substantial presence in the industry.
Financial metrics further illuminate Gilat’s market standing. The company’s price-to-earnings (P/E) ratio is notably high at 32.48, suggesting that investors are willing to pay a premium for its earnings. This high P/E ratio is indicative of strong investor confidence in Gilat’s growth potential and future profitability. Additionally, the price-to-book ratio of 2.18 suggests a moderate level of market confidence in the company’s book value, aligning with its strategic initiatives and market positioning.
Since its initial public offering on March 25, 1993, Gilat has established itself as a key player in the satellite communications sector. The company’s commitment to innovation and its strategic focus on expanding its product offerings continue to drive its market presence. As Gilat navigates the evolving landscape of satellite communications, its recent developments and financial metrics position it well for sustained growth and market leadership.
In summary, Gilat Satellite Networks Ltd. remains a significant entity within the communications equipment industry, bolstered by strategic ownership changes and robust financial indicators. As the company continues to leverage its technological expertise, it is well-positioned to capitalize on emerging opportunities in the satellite communications market.
