Telos (NASDAQ:TLS) Stock Price Target Raised at B. Riley Financial

Key Points

• B. Riley raised Telos’s price target from $9 to $11 and maintained a Buy rating, implying 43.32% upside from the share price cited in the report.
• Telos beat quarterly expectations, reporting EPS of $0.09 versus $0.03 expected and revenue of $55.2 million versus about $50.1 million. The company also raised its 2026 revenue outlook above consensus.
• Analyst views remain mixed: MarketBeat reports a Moderate Buy consensus and an average price target of $7.58, below the cited share price.

Telos (NASDAQ:TLS - Get Free Report) had its price objective lifted by stock analysts at B. Riley Financial from $9.00 to $11.00 in a report released on Tuesday, Benzinga reports. The firm presently has a "buy" rating on the stock. B. Riley Financial's target price indicates a potential upside of 43.32% from the stock's current price.

Other analysts also recently issued research reports about the company. Needham & Company LLC lifted their price objective on Telos from $6.00 to $9.00 and gave the stock a "buy" rating in a research note on Tuesday. Yorkville Ives assumed coverage on shares of Telos in a research report on Monday, October 5th. They set an "outperform" rating and a $6.00 price objective for the company. Weiss Ratings upgraded shares of Telos from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, August 26th. Wall Street Zen cut shares of Telos from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Zacks Research raised Telos from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Telos currently has a consensus rating of "Moderate Buy" and an average price target of $7.58.

Telos Price Performance

Shares of NASDAQ TLS traded up $0.51 during mid-day trading on Tuesday, reaching $7.67. The company's stock had a trading volume of 1,706,442 shares, compared to its average volume of 745,704. The firm has a market capitalization of $573.63 million, a PE ratio of -36.44 and a beta of 0.98. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.38 and a quick ratio of 2.26. Telos has a 52 week low of $3.79 and a 52 week high of $8.30. The stock has a fifty day moving average of $4.59 and a two-hundred day moving average of $4.53.

Telos (NASDAQ:TLS - Get Free Report) last posted its earnings results on Monday, November 9th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.06. Telos had a negative net margin of 8.13% and a negative return on equity of 2.60%. The company had revenue of $55.20 million during the quarter, compared to analysts' expectations of $50.11 million. As a group, sell-side analysts anticipate that Telos will post -0.01 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Gary Bendza sold 200,000 shares of the company's stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $4.55, for a total transaction of $910,000.00. Following the transaction, the executive vice president owned 537,008 shares of the company's stock, valued at approximately $2,443,386.40. This represents a 27.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Hutchinson Robbins sold 62,398 shares of the company's stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $4.73, for a total value of $295,142.54. Following the completion of the transaction, the executive vice president directly owned 589,915 shares in the company, valued at $2,790,297.95. This trade represents a 9.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 581,549 shares of company stock worth $2,512,583 over the last three months. 14.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Telos

A number of large investors have recently modified their holdings of TLS. White Pine Capital LLC purchased a new position in Telos during the 3rd quarter worth $1,001,000. R Squared Ltd raised its holdings in shares of Telos by 40.5% in the third quarter. R Squared Ltd now owns 18,716 shares of the company's stock valued at $76,000 after acquiring an additional 5,396 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of Telos in the third quarter valued at about $42,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Telos in the third quarter worth about $158,000. Finally, Pinnacle Associates Ltd. lifted its stake in Telos by 5.1% in the third quarter. Pinnacle Associates Ltd. now owns 2,341,741 shares of the company's stock worth $9,531,000 after acquiring an additional 113,001 shares during the period. Hedge funds and other institutional investors own 62.14% of the company's stock.

Key Telos News

Here are the key news stories impacting Telos this week:

• Positive Sentiment: Telos reported third-quarter earnings of $0.09 per share, above estimates of $0.03–$0.04, and revenue of $55.2 million versus roughly $50.1 million expected. Strength in identity services and an Xacta expansion were highlighted as growth drivers. Q3 earnings beat estimates on identity strength, guidance raised
• Positive Sentiment: The company raised its 2026 revenue outlook to $198.2–$200.7 million, above the $191.3 million consensus. Its fourth-quarter revenue forecast of $47.5–$50 million also tops the $45.5 million estimate. Q3 earnings call highlights
• Positive Sentiment: Management pointed to new cybersecurity contracts and plans to exit low-margin resale activity as potential drivers of 2027 growth and improved margins. Q3 earnings call highlights
• Positive Sentiment: Needham raised its price target to $9 from $6 and reiterated a buy rating, signaling further potential upside. Needham stock recommendations
• Negative Sentiment: Wedbush lifted its target to $7 from $5 but kept a neutral rating; that target is below the recent share price, tempering the otherwise positive analyst news. Wedbush stock recommendations

Telos Company Profile

Telos Corporation NASDAQ: TLS is a cybersecurity and information technology company that provides secure technology solutions to government and commercial organizations. The company focuses on helping customers protect critical systems, data and digital identities while supporting secure operations in complex and highly regulated environments. Its offerings include cybersecurity consulting, cloud security, secure networking, identity and access management, risk management and governance solutions.

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