Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Elbit Systems ( (IL:ESLT) ) has issued an update.
On May 21, 2025, Elbit Systems Ltd. entered into an underwriting agreement with BofA Securities, Inc. for the issuance and sale of 1,365,450 ordinary shares, generating approximately $512 million in gross proceeds. The underwriters exercised an option to purchase an additional 204,817 shares, bringing in an extra $76.8 million. The offering, which closed on May 23, 2025, positions Elbit Systems to strengthen its financial standing and potentially expand its market presence.
The most recent analyst rating on (IL:ESLT) stock is a Hold with a ILs450.00 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 Ltd. is an Israeli company operating in the defense and aerospace industry, specializing in a range of advanced technology systems and products for defense, homeland security, and commercial applications. The company is known for its focus on providing innovative solutions to enhance operational capabilities in these sectors.
Average Trading Volume: 93,579
Current Market Cap: ILs60.32B
For a thorough assessment of ESLT stock, go to TipRanks’ Stock Analysis page.