GILT SHAREHOLDER INVESTIGATION: SueWallSt Notifies Investors of Potential Securities Claims Involving Gilat Satellite Networks Ltd.
Gilat Satellite Networks cut $45 million from its 2026 revenue outlook after naming IFC delivery, satellite, and Peru headwinds, months after its CEO said delivery risks were "mitigated." GILT shareholders who lost money may have the right to seek recovery.
NEW YORK, Nov. 11, 2026 /PRNewswire/ -- With its third-quarter 2026 results, Gilat Satellite Networks Ltd. (NASDAQ: GILT) reduced its 2026 revenue guidance from $500 million–$520 million to $455 million–$475 million, lowering the midpoint by $45 million and turning its previous $500 million revenue floor into a $475 million ceiling. GILT shares fell following the announcement. If you lost money on GILT, you may have the right to seek recovery, and the investigation is underway now. Shareholders who suffered losses are encouraged to submit your loss information now. You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (888) SueWallSt.
Management tied the cut to three headwinds: rescheduled in-flight-connectivity (IFC) terminal deliveries, LEO/GEO satellite development and launch delays, and Peru agreements shifting revenue into 2027. On November 12, 2025, CEO Adi Sfadia said IFC "production is ramping up, and we expect increased deliveries with improved margins in the coming quarters." On that same call, management acknowledged that lower Stellar Blu margins were weighing on the Company's overall gross margin as production ramped up.
On February 10, 2026, CEO Adi Sfadia told investors: 'We know for a fact that the risk that we wanted to mitigate are mitigated, and we do expect to see future growth.' On November 10, 2026, Gilat reduced its 2026 revenue guidance from $500 million–$520 million to $455 million–$475 million. SueWallSt notifies investors of a pending investigation into potential securities law violations on behalf of GILT shareholders, including those who have already sold.
GILT shareholders with losses can request a confidential review of their GILT losses or call (888) SueWallSt.
WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured billions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
Frequently Asked Questions About the GILT Investigation
Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether Gilat Satellite Networks made materially false or misleading statements regarding its 2026 revenue outlook and the status of its in-flight-connectivity (IFC) terminal deliveries, LEO/GEO satellite programs, and Peru-related revenue. When the Company cut full-year 2026 revenue guidance from $500 million to $520 million down to $455 million to $475 million, the stock price declined.
Q: When did Gilat Satellite Networks allegedly mislead investors?A: The investigation concerns statements made during the period before the November 10, 2026 corrective disclosure. In particular, the investigation focuses on the Company's reaffirmations of its $500 million to $520 million 2026 revenue guidance on May 13, 2026 and August 5, 2026, through the November 10, 2026 disclosure reducing that guidance to $455 million to $475 million.
Q: What do GILT investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my GILT shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought GILT and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: Do I need to go to court or give testimony?A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
Q: What if I live outside the United States?A: U.S. securities investigations generally cover purchases on U.S. exchanges regardless of the investor's country of residence. Investors who bought GILT shares on the Nasdaq may be eligible wherever they live.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
Tel: (888) SueWallSt
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
SOURCE SueWallSt.com
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