Telos (TLS) Secures Defense Deals as B. Riley Sees Undervalued Cyber Play
Telos Corporation (NASDAQ:TLS) is one of the 10 best debt-free IT penny stocks to buy.
Recent developments indicate that Telos Corp (NASDAQ:TLS) continues to build on its strengths in secure communications and cyber governance, even as the stock faces pressure following a recent downward revision in its price target.
An engineer in front of a complex network security system, monitoring for potential threats.
Around mid-May, a B. Riley analyst lowered his price target on Telos to $3.75 from $4.50, while maintaining a Buy rating. The analyst highlighted that the company's Q1 results exceeded consensus on both revenue and adjusted EBITDA. The company also reaffirmed its full-year guidance. According to him, the stock's decline after results appear more of an overreaction and doesn't reflect the company's improving fundamentals. He also believes that this decline undermines the fact that Telos anticipates a stronger performance in the second half of 2025.
Meanwhile, Telos secured two key government contracts, in the first two weeks of June, that reinforce its relevance in national security-focused IT solutions. The first is a $3.7 million contract renewal with the U.S. Air Force Intelligence Community for continued use of its Xacta platform. This extension allows the Air Force to automate and manage cyber compliance across sensitive networks, an area where Telos has built a solid track record.
Additionally, Telos was awarded a $14 million, five-year contract from the Defense Information Systems Agency (DISA) to support the Organizational Messaging Service (OMS). Through its Automated Message Handling System, Telos will continue providing secure and efficient message delivery across the Department of Defense, allied military partners, and federal agencies.
These contract wins highlight Telos' established relationships with defense clients and its ongoing role in managing mission-critical communication infrastructure.
Telos Corporation (NASDAQ:TLS) delivers cybersecurity, secure mobility, and identity management solutions to government and commercial clients.
While we acknowledge the potential of TLS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Best Tech Stocks to Buy According to Billionaires. Disclosure: None.
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