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Elbit Systems ( (IL:ESLT) ) has issued an announcement.
On May 21, 2025, Elbit Systems announced an underwritten public offering of 1,365,450 ordinary shares, with an option for underwriters to purchase an additional 15% of shares. The shares are expected to be listed on the Nasdaq Global Select Market, and the proceeds will be used for general corporate purposes. This move is part of Elbit Systems’ strategy to strengthen its financial position and support its operations amid evolving market conditions.
The most recent analyst rating on (IL:ESLT) stock is a Hold with a ILs130610.00 price target. To see the full list of analyst forecasts on Elbit Systems stock, see the IL:ESLT Stock Forecast page.
More about Elbit Systems
Elbit Systems is a leading global defense technology company that develops, manufactures, integrates, and sustains advanced solutions across multiple domains. With a focus on delivering secure and safer world solutions, the company leverages Israel’s technology ecosystem to address evolving battlefield challenges. Elbit Systems employs approximately 20,000 people across five continents and reported $1.9 billion in revenues for the first quarter of 2025, with an order backlog of $23.1 billion.
Average Trading Volume: 91,455
Current Market Cap: ILs64.11B
See more insights into ESLT stock on TipRanks’ Stock Analysis page.