Comtech stock fell 4.14 percent to USD 1.39 on October 16, 2026
Published on 10/17/2026 at 18:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and operating figures
- B. Riley lowered its Comtech target from USD 6.00 to USD 4.75 on October 15, 2026.
- Fiscal 2026 revenue fell 17.00 percent to USD 249.6 million.
- Comtech stock was last at USD 1.39 on October 16, 2026 at 4:00 p.m. ET, down 4.14 percent on Nasdaq.
- Comtech had a USD 41.6 million market capitalization and a negative 0.60 price-to-earnings ratio on October 16, 2026.
Comtech stock (ISIN US2058262096) was 70.74 percent below B. Riley's USD 4.75 target on October 16, 2026, after the firm lowered its target from USD 6.00 on October 15, 2026. According to Markets Insider, analyst Mike Crawford kept a Buy rating while citing lower standalone earnings expectations and 6.6x leverage. Comtech was last at USD 1.39 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 4.14 percent on the day.
Revenue fell in fiscal 2026
Comtech reported fiscal 2026 net sales of USD 249.6 million, down 17.00 percent from USD 300.9 million in fiscal 2025. The company also reported a continuing-operations operating loss of USD 18.2 million, compared with USD 29.9 million in fiscal 2025. These figures come from the fiscal year ended July 31, 2026 and were published on October 14, 2026 by Comtech.
Price sits near the yearly low
The Nasdaq price stood 20.87 percent above the USD 1.15 52-week low and 77.62 percent below the USD 6.21 high on October 16, 2026. Trading volume was 327,643 shares, compared with an average volume of 324,850 shares. The October 14 results showed fiscal 2026 adjusted EBITDA of USD 20.6 million, up from USD 16.4 million in fiscal 2025, while net bookings reached USD 263.7 million versus USD 212.2 million a year earlier.
Valuation and company dates
Comtech's market capitalization was USD 41.6 million on October 16, 2026, and its price-to-earnings ratio was negative 0.60. The company reported USD 37.4 million of operating cash flow for fiscal 2026, compared with USD 8.3 million of operating cash outflow in fiscal 2025. Its fiscal 2026 results also showed funded backlog of USD 520.4 million as of July 31, 2026, alongside revenue visibility of USD 862.0 million.
What the target implies
B. Riley's revised USD 4.75 target is 241.73 percent above the Nasdaq price of USD 1.39 on October 16, 2026, while the stock's 52-week range remains wide. Comtech is listed on the Nasdaq under ticker CMTL and operates in the Technology sector, specifically Communication Equipment.
Stock price and valuation
The last available Nasdaq price was USD 1.39 on October 16, 2026 at 4:00 p.m. ET, with a daily decline of 4.14 percent. The 52-week range was USD 1.15 to USD 6.21, and the market capitalization was USD 41.6 million.
Comtech stock data
- Company: Comtech Telecommunications Corp.
- ISIN: US2058262096
- Ticker: CMTL
- Primary exchange: Nasdaq
- Price Nasdaq (as of October 16, 2026, 4:00 p.m. ET): USD 1.39
- Daily change on Nasdaq: minus 4.14 percent
- Market capitalization: USD 41.6 million (as of October 16, 2026)
- 52-week range: USD 1.15-6.21 (as of October 16, 2026)
- Sector / Industry: Technology / Communication Equipment
Market context: Market report Nasdaq Composite.
