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Formula Systems ( (FORTY) ) has shared an announcement.
On August 19, 2025, Formula Systems announced its financial results for the second quarter and first half of 2025, showing a significant increase in revenues by 11.3% year over year, reaching $743.4 million, marking a record high for the second quarter. Despite this revenue growth, net income attributable to shareholders decreased by 20.1% due to increased financial expenses caused by adverse exchange rate differences. The company declared a dividend for the second quarter, payable on October 28, 2025, and maintained compliance with all financial covenants under its debenture series.
The most recent analyst rating on (FORTY) stock is a Buy with a $134.00 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’ overall stock score is driven primarily by its strong financial performance, which indicates robust growth and profitability. Technical analysis suggests a stable trend with potential buying opportunities due to oversold conditions. However, the high P/E ratio indicates potential overvaluation, which slightly offsets the positive financial outlook.
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 advancing technologies such as cloud, cyber, digital, data, DevOps, InsureTech, and AI to generate value for its customers.
Average Trading Volume: 933
Technical Sentiment Signal: Buy
Current Market Cap: $1.87B
For detailed information about FORTY stock, go to TipRanks’ Stock Analysis page.