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/TLS
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Telos Corp

Telos Corp

TLS
$4.73USD↑+0.00%+0.00 today

MARKET CAP

353.9M

P/E (TTM)

26.3x

FWD P/E

41.4x

DAY RANGE

$5 – $5

52W RANGE

$2
$8

AI Summary

Stalk
TrimMedium

TLS remains in a medium-term downtrend below key moving averages, with price currently testing overhead EMAs as resistance. No clear oversold or reversal signals are evident, so execution should be deferred and existing positions trimmed into any bounce toward the declining EMAs and SMAs.

  • ↑Q1 revenue $47.7M, up 56% YoY, above $44M–$45M guidance.
  • ↑Free cash flow $6.4M, 13.4% margin, fifth consecutive quarter >12%.
  • ↓Insiders sold over $1.3M in stock, no recent purchases.
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The case for & against

Bull & Bear analysis

Bearish

Telos Corporation (NASDAQ: TLS) is a leading provider of cybersecurity solutions and technology services, primarily servicing government agencies and commercial clients. The company is notably involved in contracts related to IT security and programs such as TSA PreCheck enrollment. It specializes in high-demand solutions that facilitate critical cybersecurity measures, particularly amid escalating national security needs and regulatory compliance. Telos is navigating a transformative period as it positions itself for future growth within the expanding security solutions market.

Bull says

  • ↑Q1 revenue $47.7M, up 56% YoY, above $44M–$45M guidance.
  • ↑Free cash flow $6.4M, 13.4% margin, fifth consecutive quarter >12%.
  • ↑~$500M proposal pipeline underpins multi-quarter growth visibility.
  • ↑Repurchased $2.2M shares in Q1, planning accelerated buybacks.
  • ↑TSA PreCheck enrollments at 291 locations, targeting 500 by year-end.
  • ↑Strong profitability and recent price momentum indicators underpin growth case.

Bear says

  • ↓Insiders sold over $1.3M in stock, no recent purchases.
  • ↓90% revenue reliance on government contracts risks budget cuts.
  • ↓Blended margins expected to compress as dilutive DMDC contracts ramp.
  • ↓Negative earnings yield and weak price-to-book metrics signal valuation risk.
  • ↓Short interest 2.6% and ratio 1.7 point to bearish sentiment.
  • ↓High share price volatility and low institutional ownership amplify risk.

Investment themes with TLS

Defense Tech↓ -0.44%

LMT · RTX · GD

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-13-2026bullish

Transcript signals

Bull points

  • we had a great quarter, clearly straight out of the gate for the year across the company overall, both in terms of program execution as well as ongoing discipline around expense management.
  • The larger programs that we were referring to primarily reside in our Telos ID business, and that cuts across a number of programs, including we had a good quarter in TSA PreCheck, our DMDC program, which we also refer to as IT GEMS, performed very well, and the body of work that we refer to as confidential IT security work that we're performing for the federal government, that also had a good quarter.
  • No, we haven't. You know, we haven't seen any impact from higher fuel prices. As a matter of fact, enrollments are performing very well year over year, both in the first quarter as well as so far here in the second quarter.

Bear points

  • it's pretty much implied in the second half that security solutions growth dips into the high single-digit range. Total revenue growth dips into the low single-digit range.
Read full transcript analysis ›