Elbit turns into Israel’s most dear co on Wall Avenue
Protection electronics firm Elbit Methods Ltd. (Nasdaq: ESLT; TASE:ESLT) has taken over as probably the most useful Israeli firm traded on Wall Avenue. The corporate’s share value is presently 1% decrease, giving a market cap of $22.5 billion.
Led by CEO Bezhalel Machlis, Elbit has been boosted by the conflict between Russia and Ukraine and elevated protection procurement by European nations, and since October 2023 by the conflict in Israel. Elbit’s share value rose by 70% within the second half of 2024 and an additional 70% because the begin of 2025.
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Elbit Methods has leapfrogged cybersecurity firm Verify Level Software program Applied sciences Ltd. (Nasdaq: CHKP), which till final week was Israel’s most dear firm on Wall Avenue. However the firm’s share value fell sharply after publishing its second quarter outcomes, and it’s presently buying and selling down 0.5%, with a market cap of $20.6 billion.
On the face of it, cybersecurity firm CyberArk Software program (Nasdaq: CYBR) must be probably the most useful firm on Wall Avenue after Palo Alto Networks agreed to purchase it at a valuation of $25 billion. However the deal is especially in Palo Alto inventory, which has fallen sharply because the acquisition was introduced. CyberArk is presently buying and selling down 0.48%, giving a market cap of $20.5 billion.
The fourth most dear Israeli firm on Wall Avenue is Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA), which was for a few years probably the most useful firm. Teva’s share value has fallen 30.2% in 2025, after doubling in worth in 2024.
Printed by Globes, Israel enterprise information – en.globes.co.il – on August 5, 2025.
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