Comtech Telecommunications

CMTL · NASDAQ

$1.32−$0.05 (−3.65%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $1.37

CMTL analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 4 analysts

Average $4.34 (+228.4% upside)

Low: $2.53
Now: $1.32
High: $6.30

Upgrades and downgrades

The latest rating actions, newest first

CMTL analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
B. Riley Securities	Oct 15, 2026	Maintains	Buy	$6.00 → $4.75	61%

The case for and against

Updated Nov 28, 2025

Bull case

Comtech Telecommunications Corp's Satellite and Space Communications segment, while currently underperforming with only $18 million in revenue and a low book-to-bill ratio of 0.26x, is positioned to improve due to strategic realignments and cost management aimed at higher-margin revenue streams. The Terrestrial & Wireless Networks segment showed significant growth, increasing from $32 million in the previous quarter to $54 million with a healthier book-to-bill ratio of 0.91x, further supplemented by retroactive NG-911 revenue that benefited margins. Additionally, the potential for asset sales is viewed positively, as it may help alleviate the company’s balance sheet obligations while paving the way to enhance cash flow and margins, setting a foundation for future financial stability.

Bear case

Comtech Telecommunications Corp reported a concerning decline in bookings, with a gross award total of only $107 million for the quarter, indicating weak future performance. The impact of a $36 million debooking linked to low-margin business further exacerbated the situation, contributing to an overall reduction in performance metrics to 0.63 times in 2Q. Additionally, the company revised its fourth-quarter revenue and EBITDA projections downward from $122 million and $12 million to $115 million and $8 million, reflecting increased uncertainty about future financial stability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.