Comtech Telecommunications (NASDAQ:CMTL) Stock Price Target Lowered at B. Riley Financial

Posted by Geri Gentry on Oct 15th, 2026

Comtech Telecommunications (NASDAQ:CMTL – Get Free Report) had its price target reduced by analysts at B. Riley Financial from $6.00 to $4.75 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the communications equipment provider’s stock. B. Riley Financial’s target price suggests a potential upside of 283.06% from the stock’s previous close.

Other equities research analysts have also issued research reports about the company. Weiss Ratings raised Comtech Telecommunications from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, October 6th. Wall Street Zen cut Comtech Telecommunications from a “hold” rating to a “sell” rating in a research note on Monday, July 20th. Finally, Northcoast Research initiated coverage on shares of Comtech Telecommunications in a report on Thursday, July 23rd. They set a “buy” rating and a $2.50 price objective on the stock. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $3.62.

Read Our Latest Stock Report on CMTL

Comtech Telecommunications Stock Performance

Shares of NASDAQ CMTL traded down $0.04 during trading on Thursday, reaching $1.24. 83,906 shares of the stock traded hands, compared to its average volume of 400,910. Comtech Telecommunications has a 52-week low of $1.15 and a 52-week high of $6.21. The company has a debt-to-equity ratio of 4.02, a current ratio of 1.61 and a quick ratio of 1.19. The company has a 50-day moving average of $1.53 and a 200-day moving average of $2.64. The stock has a market capitalization of $37.15 million, a P/E ratio of -0.56 and a beta of 1.59.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Squarepoint Ops LLC grew its stake in Comtech Telecommunications by 61.7% in the 2nd quarter. Squarepoint Ops LLC now owns 63,649 shares of the communications equipment provider’s stock valued at $134,000 after buying an additional 24,295 shares in the last quarter. Globeflex Capital L P bought a new stake in Comtech Telecommunications during the 2nd quarter valued at $269,000. Renaissance Technologies LLC raised its holdings in Comtech Telecommunications by 153.9% during the 1st quarter. Renaissance Technologies LLC now owns 235,649 shares of the communications equipment provider’s stock valued at $782,000 after acquiring an additional 142,849 shares during the period. Cetera Investment Advisers raised its holdings in Comtech Telecommunications by 80.6% during the 1st quarter. Cetera Investment Advisers now owns 40,962 shares of the communications equipment provider’s stock valued at $136,000 after acquiring an additional 18,287 shares during the period. Finally, Hillsdale Investment Management Inc. purchased a new stake in shares of Comtech Telecommunications during the first quarter worth $236,000.

Comtech Telecommunications News Roundup

Here are the key news stories impacting Comtech Telecommunications this week:

Positive Sentiment: Fourth-quarter operating cash flow improved to $18.5 million from cash usage of $1.2 million a year earlier, while gross margin rose to 40.6% from 34.7%. Comtech also reported funded backlog of $520.4 million and year-end liquidity of $61.3 million, supporting revenue visibility. Comtech Announces Financial Results for Fourth Quarter and Fiscal Year 2026
Positive Sentiment: Comtech expects the planned sale of most of its Satellite & Space Communications business to a Gilat Satellite Networks affiliate to close in calendar 2026. The transaction has a base cash purchase price of $157.5 million and could strengthen the company’s balance sheet and strategic focus. Comtech Reports Fourth-Quarter Revenue for Fiscal 2026
Neutral Sentiment: B. Riley reduced its price target to $4.75 from $6 but retained a Buy rating, indicating lower near-term expectations while maintaining a constructive long-term view. B. Riley Adjusts Price Target on Comtech
Neutral Sentiment: The company appointed Rich Nyren as executive vice president of finance and Amy Rothstein-Hovey as general counsel as part of a planned leadership realignment ahead of the anticipated Satellite & Space Communications sale. The transition could improve execution but adds management-change uncertainty. Comtech Announces Leadership Updates
Negative Sentiment: Fourth-quarter revenue fell 12.1% year over year to $66.2 million, while Comtech posted a $14.7 million net loss attributable to common stockholders. Full-year revenue was $249.6 million and the continuing-operations net loss attributable to common stockholders reached $51 million, underscoring ongoing financial pressure. Comtech Fiscal Fourth-Quarter Net Loss Widens

About Comtech Telecommunications

(Get Free Report)

Comtech Telecommunications Corp. (NASDAQ: CMTL) is a technology company that develops and supplies communications infrastructure and network solutions for government, defense, public safety, telecommunications, and enterprise customers. Its offerings are designed to support connectivity in locations where reliable, secure, or resilient communications are required.

The company’s products and services have included satellite modems and terminals, satellite ground systems, troposcatter and other wireless communications equipment, network management software, and location-based technologies.