TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Formula Systems ( (FORTY) ) has provided an update.
On May 27, 2025, Formula Systems held its annual general meeting where shareholders voted on several proposals. The re-election of five board members was approved, while the re-election of two external directors was not. Additionally, the re-appointment of Ziv Haft Certified Public Accountants as the company’s independent auditors for 2025 was approved. These decisions reflect the company’s ongoing governance and operational strategies, impacting its leadership structure and financial oversight.
Spark’s Take on FORTY Stock
According to Spark, TipRanks’ AI Analyst, FORTY is a Outperform.
Formula Systems scores well on financial performance due to its revenue growth and strong cash flow, though there is a need to address profitability. Technical indicators suggest positive momentum, but valuation metrics indicate the stock is fairly priced without significant upside potential. The lack of earnings call and corporate events information limits further insights. The overall stock score reflects a stable but cautious outlook.
To see Spark’s full report on FORTY stock, click here.
More about Formula Systems
Formula Systems (1985) Ltd. is a company based in Or-Yehuda, Israel, operating in the technology sector. It provides a range of IT solutions and services, focusing on software development and systems integration.
Average Trading Volume: 1,118
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.54B
For detailed information about FORTY stock, go to TipRanks’ Stock Analysis page.