Telos Corporation (TLS, Financial) has successfully extended its collaboration with the U.S. Air Force by securing a $3.7 million contract option. This agreement involves the implementation of Telos’ premier cyber governance, risk, and compliance platform, Xacta, specifically designed to meet the Air Force's intricate compliance demands.
This contract will enable the Air Force Intelligence Community to automate a significant portion of its cyber governance, risk, and compliance processes across various networks, including top-secret and secret environments. By employing Xacta, these governmental agencies aim to streamline compliance workflows and enhance efficiency in meeting Department of Defense cybersecurity standards.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Telos Corp (TLS, Financial) is $3.85 with a high estimate of $7.00 and a low estimate of $2.25. The average target implies an upside of 38.99% from the current price of $2.77. More detailed estimate data can be found on the Telos Corp (TLS) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Telos Corp's (TLS, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Telos Corp (TLS, Financial) in one year is $4.05, suggesting a upside of 46.21% from the current price of $2.77. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Telos Corp (TLS) Summary page.