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Eltek Ltd (ELTK)
NASDAQ:ELTK
US Market
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Eltek (ELTK) Price & Analysis

131 Followers

ELTK Stock Chart & Stats

$9.10
$0.05(0.44%)
At close: 4:00 PM EST
$9.10
$0.05(0.44%)

Bulls Say, Bears Say

Bulls Say
Backlog GrowthA backlog that has more than doubled and includes multi‑year deliveries materially improves medium‑term revenue visibility. This durable demand foundation supports capacity ramp planning, steadier utilization and the potential to convert booked orders into sustained revenue and margin recovery over successive quarters.
Strong Liquidity & Low LeverageA solid cash balance with negligible debt and low leverage gives the company financial flexibility to complete strategic investments, absorb near‑term losses and fund capacity expansion without immediate refinancing. This reduces solvency risk and preserves optionality during the operational recovery period.
Capacity Expansion ProgressDelivery and resumed installation of a new production line demonstrate tangible progress on scaling manufacturing. Completing two lines by year‑end should raise throughput, improve conversion of backlog, and help achieve targeted revenue run‑rate and normalized gross margins once supply and commissioning are complete.
Bears Say
Weak Cash GenerationPersistently weak operating cash flow and deeply negative free cash flow limit internal funding for capex and working capital. Over multiple quarters this elevates execution risk, could force deferred investments or external financing, and constrains the company's ability to self‑fund the recovery and margin normalization.
Profitability DeteriorationA sharp swing from profit to sizable gross and net losses signals structural margin pressure from mix, cost and pricing dynamics. Sustained negative profitability undermines retained earnings, strains cash flow, and means normalization to targeted gross margins will require both operational fixes and favorable external conditions.
Supply Chain & FX HeadwindsGlobal material shortages, logistics limits and meaningful FX losses have constrained production, forced allocations and prompted price concessions. Such external, structural headwinds can persist across quarters, slowing backlog conversion, depressing average selling prices and delaying the expected margin recovery even after capacity is added.

Eltek News

ELTK FAQ

What was Eltek Ltd’s price range in the past 12 months?
Eltek Ltd lowest stock price was $7.30 and its highest was $11.59 in the past 12 months.
    What is Eltek Ltd’s market cap?
    Eltek Ltd’s market cap is $58.14M.
      When is Eltek Ltd’s upcoming earnings report date?
      Eltek Ltd’s upcoming earnings report date is Aug 19, 2026 which is in 32 days.
        How were Eltek Ltd’s earnings last quarter?
        Eltek Ltd released its earnings results on May 19, 2026. The company reported -$0.42 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.42.
          Is Eltek Ltd overvalued?
          According to Wall Street analysts Eltek Ltd’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Eltek Ltd pay dividends?
            Eltek Ltd pays a Annually dividend of $0.19 which represents an annual dividend yield of 2.16%. See more information on Eltek Ltd dividends here
              What is Eltek Ltd’s EPS estimate?
              Eltek Ltd’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Eltek Ltd have?
              Eltek Ltd has 6,720,827 shares outstanding.
                What happened to Eltek Ltd’s price movement after its last earnings report?
                Eltek Ltd reported an EPS of -$0.42 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.412%.
                  Which hedge fund is a major shareholder of Eltek Ltd?
                  Currently, no hedge funds are holding shares in ELTK
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Eltek Stock Smart Score

                    2
                    Underperform
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                    10

                    Technicals

                    SMA
                    Positive
                    20 days / 200 days
                    Momentum
                    6.69%
                    12-Months-Change

                    Fundamentals

                    Return on Equity
                    -6.69%
                    Trailing 12-Months
                    Asset Growth
                    11.25%
                    Trailing 12-Months

                    Company Description

                    Eltek Ltd

                    Eltek Ltd. is an international supplier of printed circuit boards (PCBs), overseeing their manufacturing, distribution, and sale across various regions including Israel, Europe, North America, India, and the Netherlands. The company's product line features a wide selection of custom-engineered PCBs, encompassing traditional rigid, double-sided, and multi-layer boards, alongside more specialized flexible and flex-rigid circuitry. Additionally, they provide high-density interconnect (HDI) solutions. Eltek primarily serves a diverse range of clients, including original equipment manufacturers (OEMs) in critical industries such as defense, aerospace, medical, industrial, telecommunications, and networking. Contract electronic manufacturers also form a significant portion of its customer base. The company employs a multi-faceted sales strategy, reaching customers via its in-house direct sales team, a network of independent sales representatives, and partnerships with PCB trading and manufacturing enterprises. Founded in 1970, Eltek Ltd. is headquartered in Petach Tikva, Israel, and operates as a subsidiary of Nistec Golan Ltd.

                    Eltek (ELTK) Earnings & Revenues

                    ELTK Earnings Call

                    Q1 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Neutral
                    The call described significant near-term operational and financial headwinds — declining revenue, margin deterioration, FX losses, and supply/logistics constraints — that drove a Q1 net loss and EBITDA loss. Offsetting these negatives are a materially larger backlog (more than doubled), two sizeable booked orders for 2026–2027, progress on capacity expansion (first line delivered and installation resumed), a solid cash position with no debt, and reiterated long-term targets (revenue $60–65M; gross margin 26%–28%). The near-term picture is challenging, but the company presents credible operational actions and demand indicators that could support recovery once logistics, FX and installation issues are resolved.View all ELTK earnings summaries
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                    Ownership Overview

                    0.07%4.92%95.02%
                    Insiders
                    4.92% Other Institutional Investors
                    95.02% Public Companies and
                    Individual Investors
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