Elbit Systems Stock Surges 157% in a Year, Sales to Hit $8B by 2025
Elbit Systems Ltd. (NASDAQ:ESLT) has seen remarkable stock growth, surging 157% in the past year, outpacing the market's 18% rise. The company's strong top-line momentum is expected to boost profitability, with adjusted EBIT margin projected to increase from 8.1% in 2023 to 10.1% by 2026.
JPMorgan forecasts impressive sales growth for Elbit Systems Ltd. In 2025, sales are expected to grow by 16%, reaching nearly $8 billion, with double-digit growth anticipated again in 2026. The company's impressive sales growth in 2024 and the first half of 2025 has been driven by high demand for missiles, munitions, and protective equipment.
JPMorgan has initiated coverage of Elbit Systems Ltd. with a Neutral rating and a price target of $520. Notably, the company has been recognised among the 11 Best Military Drone Stocks to Buy According to Hedge Funds.
Elbit Systems Ltd. continues to demonstrate robust growth prospects, with its stock performing exceptionally well and sales growth expected to remain strong. Despite Renaissance Technologies not publicly disclosing its top asset stocks, Elbit Systems Ltd.'s impressive performance speaks for itself, making it a notable player in the defense industry.
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