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Investing.com - Wedbush has raised its price target on Telos Corp . (NASDAQ:TLS) to $6.00 from $4.00 while maintaining an Outperform rating following the company’s second-quarter 2025 results. The stock has shown remarkable momentum, surging over 57% in the past week. According to InvestingPro data, the stock’s technical indicators suggest overbought conditions, while analyst targets range from $2.25 to $7.00.
Telos reported revenue and adjusted EBITDA that exceeded analyst expectations for the second quarter of fiscal year 2025, according to Wedbush.
The cybersecurity company also provided guidance for the third quarter of fiscal year 2025 that came in "significantly ahead of the Street’s expectations," Wedbush noted.
Wedbush described the results as a "much-needed bounce back quarter" as Telos works to get back on track with key programs beginning to gain momentum.
The higher price target reflects both an increased multiple and greater confidence in the business as it enters the second half of 2025, according to the research firm.
In other recent news, Telos Corp reported its Q2 2025 financial results, showcasing a strong performance. The company achieved $36 million in revenue, surpassing its own guidance and reflecting a 26% increase compared to the same period last year. Additionally, Telos Corp’s adjusted EBITDA turned positive at $400,000, contrary to expectations of a loss. These developments highlight the company’s financial strength and operational efficiency. The positive earnings report has caught the attention of analysts, with some firms likely to revisit their ratings and projections for Telos Corp. The robust revenue growth and unexpected positive EBITDA are key factors for investors to consider. These recent developments provide a factual snapshot of Telos Corp’s current financial health.
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