Eltek Ltd (ELTK) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Eltek Ltd (ELTK) stock forecast summary
Our AI scores Eltek Ltd every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Eltek Ltd is a small-cap company with a market capitalization of $40M. It ranks number 11 by market capitalization among the 12 Printed Circuit Boards issuers in our coverage with a current forecast. Its P/E Ratio of 5.57x is the lowest of the 10 peers that report one.
For ELTK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -24.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -14.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ELTK included.
ELTK price chart and AI forecast
How ELTK ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Eltek Ltd (ELTK) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Printed Circuit Boards peers listed below that report each metric.
Valuation & Market
| Metric | ELTK | Rank |
|---|---|---|
| Market Cap | $40M | 11/12 |
| P/E Ratio | 5.57x | 10/10 |
| P/B Ratio | 0.87x | 9/11 |
| EPS | $1.08 | – |
| Book Value/Share | $6.96 | – |
Profitability & Margins
| Metric | ELTK | Rank |
|---|---|---|
| ROE | 14.2% | 4/10 |
| ROA | 10.0% | 1/10 |
| ROIC | 16.5% | 3/11 |
| Gross Margin | 20.2% | 4/12 |
| Operating Margin | 8.8% | 3/12 |
| Net Margin | 6.8% | 4/10 |
| EBT Margin | 8.3% | 3/12 |
| Tax Rate | 18.3% | – |
Financial Health
| Metric | ELTK | Rank |
|---|---|---|
| Current Ratio | 2.82x | 2/12 |
| Quick Ratio | 2.01x | 3/12 |
| D/E Ratio | 0.42x | 10/11 |
| Financial Leverage | 1.42x | 10/11 |
| Interest Coverage | 3.4x | 9/11 |
| Working Capital | $25M | 11/12 |
Cash Flow
| Metric | ELTK | Rank |
|---|---|---|
| Operating Cash Flow | $10M | 10/12 |
| OCF Growth YoY | 29.4% | 4/11 |
Operational Efficiency
| Metric | ELTK | Rank |
|---|---|---|
| Inventory Turnover | 7.0x | 2/12 |
| Days Inventory | 52 days | 11/12 |
Income Statement
| Metric | ELTK | Rank |
|---|---|---|
| Operating Income | $9M | 10/12 |
| Net Income | $7M | 9/10 |
| R&D Expense | $170K | 8/8 |
| SG&A Expense | $11M | 12/12 |
| Cost of Goods Sold | $78M | 11/12 |
Dividend & Shareholder Information
| Metric | ELTK | Rank |
|---|---|---|
| Shares Outstanding | 7M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $39M | 58.6% of assets |
| Cash & Short-term Investments | $2M | 3.8% of assets |
| Accounts Receivable | $15M | 22.4% of assets |
| Inventory | $11M | 16.9% of assets |
| Total Liabilities | $20M | 29.6% of assets |
ELTK quarterly financials and insider trading
Eltek Ltd (ELTK) industry peers
Companies classified under the same SEC industry code as Eltek Ltd (Printed Circuit Boards): 12 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ELTK Eltek Ltd | $40M | |
| CLS Celestica Inc | $26.06B | |
| FLEX Flex Ltd. | $25.78B | |
| JBL Jabil Inc | $24.62B | |
| SANM Sanmina Corp | $7.22B | |
| TTMI Ttm Technologies Inc | $7.01B | |
| PLXS Plexus Corp | $5.00B | |
| BHE Benchmark Electronics Inc | $2.16B | |
| CTS Cts Corp | $1.65B | |
| KE Kimball Electronics, Inc. | $462M | |
| NNDM Nano Dimension Ltd. | $265M | |
| KTCC Key Tronic Corp | $14M |
Where ELTK sits on the market map
Eltek Ltd (ELTK) stock news
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Eltek Ltd (ELTK) stock forecast FAQ
What is the Eltek Ltd (ELTK) stock forecast?
Our AI scores Eltek Ltd every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Eltek Ltd stock predictions?
For ELTK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -24.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -14.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Eltek Ltd forecasts updated?
Eltek Ltd forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Eltek Ltd's industry peers?
12 issuers in our coverage, ELTK included, share the SEC industry code Printed Circuit Boards. The largest are: Celestica Inc (CLS), Flex Ltd. (FLEX), Jabil Inc (JBL), Sanmina Corp (SANM), Ttm Technologies Inc (TTMI), Plexus Corp (PLXS).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.