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Elbit becomes Israel’s most valuable co on Wall Street

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Protection electronics firm Elbit Techniques Ltd. (Nasdaq: ESLT; TASE:ESLT) has taken over as probably the most helpful Israeli firm traded on Wall Avenue. The corporate’s share value is at the moment 1% decrease, giving a market cap of $22.5 billion.

Led by CEO Bezhalel Machlis, Elbit has been boosted by the warfare between Russia and Ukraine and elevated protection procurement by European international locations, and since October 2023 by the warfare in Israel. Elbit’s share value rose by 70% within the second half of 2024 and an additional 70% for the reason that begin of 2025.




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Elbit Techniques has leapfrogged cybersecurity firm Test Level Software program Applied sciences Ltd. (Nasdaq: CHKP), which till final week was Israel’s most precious firm on Wall Avenue. However the firm’s share value fell sharply after publishing its second quarter outcomes, and it’s at the moment 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) ought to be probably the most helpful 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 for the reason that acquisition was introduced. CyberArk is at the moment buying and selling down 0.48%, giving a market cap of $20.5 billion.

The fourth most precious Israeli firm on Wall Avenue is Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA), which was for a few years probably the most helpful 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.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.




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