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
The latest update is out from Formula Systems ( (FORTY) ).
On November 20, 2025, Formula Systems announced its financial results for the third quarter and nine-month period ending September 30, 2025. The company reported a 23.6% increase in quarterly revenues to $696.6 million and a 10.8% rise in operating income to $54.6 million. However, net income from continued operations decreased by 26.4% to $11.6 million. The results reflect the impact of Sapiens International Corporation’s acquisition by Advent, with Formula retaining an 18% stake. This strategic move is expected to accelerate Sapiens’ transition to AI and SaaS, enhancing its insurance solutions. Additionally, Formula Systems declared a dividend of NIS 1.64 per share, payable on January 13, 2026.
The most recent analyst rating on (FORTY) stock is a Buy with a $157.00 price target. To see the full list of analyst forecasts on Formula Systems stock, see the FORTY Stock Forecast page.
Spark’s Take on FORTY Stock
According to Spark, TipRanks’ AI Analyst, FORTY is a Outperform.
Formula Systems shows strong financial performance with robust growth and efficient cash management, contributing significantly to the overall score. Technical analysis indicates positive momentum, though valuation metrics suggest the stock is relatively expensive. The absence of earnings call and corporate events data did not impact the score.
To see Spark’s full report on FORTY stock, click here.
More about Formula Systems
Formula Systems (1985) Ltd. is a global information technology group that provides software consulting services, computer-based business solutions, and develops proprietary software products. The company operates through its subsidiaries and affiliates, focusing on delivering innovative IT solutions across various sectors.
Average Trading Volume: 583
Technical Sentiment Signal: Buy
Current Market Cap: $2.32B
For a thorough assessment of FORTY stock, go to TipRanks’ Stock Analysis page.