Telos: New FedRAMP Certification And Strong Growth Plan For 2026

Telos stands out as a value opportunity amid the broader software sector downturn and 'SaaSpocalypse' fears. TLS is down ~20% YTD but is positioned for significant growth as its federal programs, especially TSA Precheck, scale. I reiterate my buy rating on TLS, citing its insulation from sector-wide risks and attractive valuation.