Eltek Ltd. Reports Second-Quarter 2026 Results
PETACH TIKVA, Israel, Aug. 18, 2026 /PRNewswire/ -- Eltek Ltd. (NASDAQ: ELTK), a leading global manufacturer of high-quality printed circuit boards, today announced its financial results for the ...
Model output · Signal date 2026-10-16
Eltek Ltd (ELTK) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Rating · 90D
▲ Bullish
Exact rating locked
90-day forecast
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30-day forecast
Total
Rank in coverage
Top 35%
of 5184 stocks scored
Rank correlation · 90D
-18.0%
Spearman, 357 dates
Market Cap
$46M
small-cap · #11 of 12 peers
Summary
Eltek Ltd (ELTK) stock forecast summary
Our AI ranks Eltek Ltd outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Eltek Ltd is a small-cap company with a market capitalization of $46M. 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 6.30x 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 -18.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 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 -6.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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ELTK price chart and AI forecast
Cross-section · 2026-10-16
How ELTK ranks among 5184 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2025-12-31
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 | $46M | 11/12 |
| P/E Ratio | 6.30x | 10/10 |
| P/B Ratio | 0.98x | 10/11 |
| EPS | $1.08 | – |
| Book Value/Share | $6.96 | – |
Profitability & Margins
| Metric | ELTK | Rank |
|---|---|---|
| ROE | 14.2% | 4/11 |
| ROA | 10.0% | 2/11 |
| ROIC | 16.5% | 3/10 |
| Gross Margin | 20.2% | 3/11 |
| Operating Margin | 8.8% | 3/11 |
| Net Margin | 6.8% | 4/12 |
| EBT Margin | 8.3% | 3/11 |
| Tax Rate | 18.3% | – |
Financial Health
| Metric | ELTK | Rank |
|---|---|---|
| Current Ratio | 2.82x | 2/11 |
| Quick Ratio | 2.01x | 2/11 |
| D/E Ratio | 0.42x | 10/11 |
| Financial Leverage | 1.42x | 10/11 |
| Interest Coverage | 3.4x | 9/11 |
| Working Capital | $25M | 10/11 |
Cash Flow
| Metric | ELTK | Rank |
|---|---|---|
| Operating Cash Flow | $10M | 10/11 |
| OCF Growth YoY | 29.4% | 4/10 |
Operational Efficiency
| Metric | ELTK | Rank |
|---|---|---|
| Inventory Turnover | 7.0x | 2/10 |
| Days Inventory | 52 days | 9/10 |
Income Statement
| Metric | ELTK | Rank |
|---|---|---|
| Operating Income | $9M | 10/11 |
| Net Income | $7M | 10/12 |
| R&D Expense | $170K | 7/7 |
| SG&A Expense | $11M | 12/12 |
| Cost of Goods Sold | $78M | 11/11 |
Dividend & Shareholder Information
| Metric | ELTK | Rank |
|---|---|---|
| Shares Outstanding | 7M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $39M | 58.5% of assets |
| Cash & Short-term Investments | $2M | 3.7% of assets |
| Accounts Receivable | $15M | 22.4% of assets |
| Inventory | $11M | 16.9% of assets |
| Total Liabilities | $20M | 29.5% of assets |
Quarterly Financial Reports
ELTK quarterly financials and insider trading
Industry Peers · Printed Circuit Boards
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 (Total) | Market Cap |
|---|---|---|
| ELTK Eltek Ltd | ▲ | $46M |
| CLS Celestica Inc | ▲ | $34.93B |
| FLEX Flex Ltd. | ▲ | $33.42B |
| JBL Jabil Inc | ▲ | $29.16B |
| TTMI Ttm Technologies Inc | ▲ | $9.89B |
| SANM Sanmina Corp | ▲ | $9.42B |
| PLXS Plexus Corp | ▲ | $6.14B |
| BHE Benchmark Electronics Inc | ▶ | $2.54B |
| CTS Cts Corp | ▶ | $1.60B |
| KE Kimball Electronics, Inc. | ▶ | $620M |
| NNDM Nano Dimension Ltd. | ▶ | $297M |
| KTCC Key Tronic Corp | ▲ | $23M |
Where ELTK sits on the market map
Manufacturing · Printed Circuit Boards
News
Eltek Ltd (ELTK) stock news
Is Eltek Ltd.'s (NASDAQ:ELTK) Latest Stock Performance Being Led By Its Strong Fundamentals?
Eltek's (NASDAQ:ELTK) stock up by 3.6% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we ...
Eltek Ltd (ELTK)
Eltek Ltd. (NASDAQ:ELTK) Q1 2026 Earnings Call Transcript May 19, 2026 Operator: Ladies and gentlemen, thank you for standing by. Welcome to the Eltek Ltd. Eltek Ltd. (NASDAQ:ELTK) Q4 2025 Earnings ...
FAQ
Eltek Ltd (ELTK) stock forecast FAQ
What is the Eltek Ltd (ELTK) stock forecast?
Our AI ranks Eltek Ltd outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact 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 -18.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 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 -6.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% 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 Oct. 16, 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), Ttm Technologies Inc (TTMI), Sanmina Corp (SANM), 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.