Telos (NASDAQ:TLS) Sets New 12-Month High After Analyst Upgrade

Shares of Telos Corporation (NASDAQ:TLS) hit a new 52-week high during mid-day trading on Wednesday after B. Riley Financial raised their price target on the stock from $9.00 to $11.00. B. Riley Financial currently has a buy rating on the stock. Telos traded as high as $7.73 and last traded at $7.7050, with a volume of 5,545 shares. The stock had previously closed at $7.67.

Other equities analysts have also recently issued reports about the company. Zacks Research raised Telos from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 20th. Needham & Company LLC raised their price target on Telos from $6.00 to $9.00 and gave the stock a “buy” rating in a research note on Tuesday. Yorkville Ives began coverage on shares of Telos in a report on Monday, October 5th. They issued an “outperform” rating and a $6.00 price target on the stock. Wall Street Zen downgraded shares of Telos from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Weiss Ratings upgraded shares of Telos from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 26th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $7.60.

Insider Activity at Telos

In related news, EVP Hutchinson Robbins sold 62,398 shares of the stock in a transaction dated 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 owned 589,915 shares of the company’s stock, valued at approximately $2,790,297.95. This trade represents a 9.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Gary Bendza sold 174,539 shares of the business’s stock in a transaction that occurred on Friday, September 18th. The shares were sold at an average price of $4.05, for a total value of $706,882.95. Following the transaction, the executive vice president owned 337,008 shares of the company’s stock, valued at $1,364,882.40. This trade represents a 34.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 570,549 shares of company stock valued at $2,464,843 in the last quarter. 14.90% of the stock is currently owned by corporate insiders.

Telos News Roundup

Here are the key news stories impacting Telos this week:

• Positive Sentiment: Telos reported Q3 adjusted earnings of $0.09 per share, above the $0.04 consensus, and revenue of $55.2 million versus expectations of $50.11 million. The earnings coverage cited strength in identity services and an expansion of the Xacta offering. Q3 earnings beat and guidance raised
• Positive Sentiment: Management raised its full-year 2026 revenue outlook to $198.2 million–$200.7 million, above the $191.3 million consensus, and forecast Q4 revenue of $47.5 million–$50.0 million, versus $45.5 million expected. New cybersecurity contracts and plans to exit low-margin resale activity may support growth and margins in 2027. Q3 call highlights
• Positive Sentiment: Needham raised its price target from $6 to $9 and kept a Buy rating; B. Riley raised its target from $9 to $11 and also rated the shares Buy. Needham rating B. Riley rating
• Neutral Sentiment: Wedbush raised its target from $5 to $7 but maintained a Neutral rating, signaling a more cautious view than the Buy-rated analysts. Wedbush rating
• Neutral Sentiment: A report lists short interest at zero shares, while also describing it as an increase; that inconsistency makes the short-interest figure difficult to interpret.

Institutional Trading of Telos

A number of institutional investors have recently made changes to their positions in TLS. Pinnacle Associates Ltd. grew its holdings in shares of Telos by 5.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 2,341,741 shares of the company’s stock worth $9,531,000 after purchasing an additional 113,001 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Telos by 9.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,293,134 shares of the company’s stock worth $5,417,000 after purchasing an additional 115,884 shares during the last quarter. Renaissance Technologies LLC raised its stake in Telos by 29.7% during the 1st quarter. Renaissance Technologies LLC now owns 1,118,914 shares of the company’s stock valued at $4,688,000 after acquiring an additional 256,014 shares in the last quarter. Globeflex Capital L P bought a new stake in Telos in the second quarter worth about $1,336,000. Finally, White Pine Capital LLC acquired a new stake in Telos during the 3rd quarter valued at $1,001,000. Institutional investors and hedge funds own 62.14% of the company’s stock.

Telos Price Performance

The stock’s 50 day simple moving average is $4.65 and its 200-day simple moving average is $4.54. The stock has a market capitalization of $576.69 million, a price-to-earnings ratio of -65.58 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 (NASDAQ:TLS) last issued its quarterly earnings data on Monday, November 9th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.05. The firm had revenue of $55.20 million for the quarter, compared to analysts’ expectations of $50.11 million. Telos had a negative net margin of 4.66% and a positive return on equity of 4.16%. On average, analysts expect that Telos Corporation will post -0.01 EPS for the current fiscal year.

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.