Eltek secures USD 6.8 million orders. Weiss keeps a Sell rating for Eltek stock.

Published on 10/14/2026 at 04:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Weiss keeps a Sell rating on Eltek stock. Orders ship across 2027 and 2028, while second-quarter revenue stood at USD 11.53 million and earnings per share were minus USD 0.41.

Orders and earnings pressure

Eltek received USD 6.8 million in follow-on orders on October 6, 2026.
Second-quarter revenue stood at USD 11.53 million and earnings per share were minus USD 0.41.
Deliveries are scheduled throughout 2027 and 2028.
The next earnings date is listed as November 17, 2026.

ELTK, IL0010828411, Illustration mit AI erstellt.

On October 6, 2026, Eltek received USD 6.8 million in follow-on purchase orders, while MarketBeat says Weiss Ratings kept a Sell rating in a September 9, 2026 research note. The orders are the latest quantified signal for Eltek's backlog and are scheduled for delivery throughout 2027 and 2028.

Orders extend the revenue runway

PR Newswire reported on October 6, 2026 that the international-customer orders lifted Eltek's backlog to a record level. The USD 6.8 million order value equals 58.96 percent of the company's USD 11.534 million second-quarter revenue, a comparison that puts the contract in scale with the latest reported quarter.

The delivery schedule also shifts the significance of the order beyond the next reporting cycle. Eltek manufactures complex printed circuit boards, including high-density interconnect, multilayer and flex-rigid boards for defense, aerospace, medical and industrial customers.

What does the backlog change?

The order supports medium-term visibility, but the latest operating figures show execution pressure. In the second quarter of 2026, Eltek reported revenue of USD 11.53 million and a loss of USD 3.74 million, while diluted earnings per share were minus USD 0.41, according to MarketBeat.

Three dated company developments

On August 18, 2026, Eltek reported second-quarter revenue of USD 11.53 million and earnings per share of minus USD 0.41, according to MarketBeat. On September 9, 2026, MarketScreener listed the appointment of Eli Yaffe as a director effective March 8, 2027. On October 6, 2026, Eltek announced USD 6.8 million in follow-on orders.

Dates for the next update

The orders are scheduled for delivery throughout 2027 and 2028, and Cayman Journal lists November 17, 2026 as the next earnings date. For investors, that report will show whether the record backlog is translating into revenue while the company manages the pressure visible in the second-quarter loss.

Market value and listing

Eltek's market capitalization stood at USD 50.4 million on October 13, 2026. The company is listed on Nasdaq under ticker ELTK and operates in the Technology sector and Electronic Components industry.