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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

$8.00
-$0.29(-3.13%)
At close: 4:00 PM EDT
$8.00
-$0.29(-3.13%)

Bulls Say, Bears Say

Bulls Say
Strong Demand And Backlog VisibilityA strong backlog supports future revenue visibility and indicates that customer demand remains intact. If Eltek improves production execution, this contracted demand could provide a foundation for recovering utilization and margins.
Debt-Free Balance Sheet And LiquidityThe debt-free balance sheet and cash reserve provide financial flexibility while Eltek funds its manufacturing transition. Limited financial leverage reduces refinancing risk and gives management more time to address operational issues.
Capacity And Process InvestmentsNew plating capacity, ERP infrastructure and medical certifications can strengthen manufacturing control and expand addressable demand. Successful qualification and execution could improve throughput, product mix and long-term operating scalability.
Bears Say
Sharp Profitability DeteriorationThe shift from sustained profitability to operating and net losses indicates that current revenue and cost structures are not supporting the business. Persistent losses could erode equity and constrain investment if the transition takes longer.
Weak Revenue And Cash ConversionLower revenue limits fixed-cost absorption, while negative and volatile free cash flow indicates inconsistent conversion of operations into funding. Together, these trends make recovery dependent on sustained volume and working-capital improvement.
Manufacturing And Input-Cost ConstraintsOperational bottlenecks and constrained materials prevent Eltek from converting backlog into shipments efficiently. Cost inflation and unfavorable FX-priced orders may continue weighing on profitability until production stabilizes and newer pricing cycles through.

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 $54.10M.
      When is Eltek Ltd’s upcoming earnings report date?
      Eltek Ltd’s upcoming earnings report date is Nov 18, 2026 which is in 77 days.
        How were Eltek Ltd’s earnings last quarter?
        Eltek Ltd released its earnings results on Aug 18, 2026. The company reported -$0.408 earnings per share for the quarter.
          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 Notavailable dividend of $0.19 which represents an annual dividend yield of 2.36%. 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 -$0.408 in its last earnings report. Following the earnings report the stock price went down -11.381%.
                  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
                    Negative
                    20 days / 200 days
                    Momentum
                    -22.16%
                    12-Months-Change

                    Fundamentals

                    Return on Equity
                    2.36%
                    Trailing 12-Months
                    Asset Growth
                    13.53%
                    Trailing 12-Months
                    Learn more about TipRanks Smart Score

                    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

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Negative
                    The call presents a mixed operational picture: solid market demand and a strong backlog alongside meaningful operational progress (new plating line, ERP rollout, workforce additions, and improved selling prices). However, financial results deteriorated year-over-year with lower revenue (-8%), a swing from gross profit to gross loss, negative EBITDA and a $2.7 million net loss. Supply-chain constraints, production inefficiencies and a portion of backlog locked at historical, less-favorable FX levels are significant short-term headwinds. While management outlined credible actions and early improvements (QoQ gross-loss reduction, cash generation and no debt), these positives have not yet translated into sustained profitability.View all ELTK earnings summaries
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                    Ownership Overview

                    0.07%4.53%95.40%
                    Insiders
                    4.53% Other Institutional Investors
                    95.40% Public Companies and
                    Individual Investors
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