Elbit Systems stock: Morgan Stanley raises target to USD 850 for Elbit Systems stock

Published on 10/23/2026 at 15:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 2.29 billion for second-quarter 2026. Elbit Systems stock is EUR 648.00 on October 23, 2026, down 1.82 percent versus Xetra close.

Morgan Stanley raises USD 850 target

Morgan Stanley raised its Elbit Systems target from USD 845.00 to USD 850.00 on October 16, 2026.
Revenue reached USD 2.29 billion in the second quarter of 2026, up 4.49 percent from the first quarter.
Elbit Systems stock costs EUR 648.00 at Lang & Schwarz on October 23, 2026 at 3:32 p.m. CEST, down 1.82 percent versus the October 22 Xetra close.

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Elbit Systems received a modestly higher Morgan Stanley target of USD 850.00 from USD 845.00 on October 16, 2026. Markets Insider reported that the firm kept an Equal Weight rating. The target stands 17.57 percent above the USD 722.96 Nasdaq price on October 23, 2026 at 9:38 a.m. EDT. At Lang & Schwarz, Elbit Systems was trading at EUR 648.00 on October 23, 2026 at 3:32 p.m. CEST, down 1.82 percent versus the October 22 Xetra close of EUR 660.00.

Second-quarter revenue reached USD 2.29 billion

Elbit Systems reported revenue of USD 2.29 billion for the second quarter of 2026, compared with USD 2.19 billion in the first quarter. That 4.49 percent sequential increase came with operating profit of USD 218.79 million, up 6.66 percent from USD 205.13 million. The company's investor-relations financial reports provide the reporting framework for these figures through Elbit Systems.

What does the target imply?

The Morgan Stanley target is 17.57 percent above the Nasdaq price, while the current USD 722.96 quote remains below the USD 1,016.06 52-week high. The same quote is 59.49 percent above the USD 453.00 52-week low. Elbit Systems therefore trades in a wide annual range even as the latest target revision was only USD 5.00.

Valuation and market position

Elbit Systems has a market capitalization of USD 33.9 billion as of October 23, 2026. Its listed price-earnings ratio is 54.57, placing the stock's valuation alongside the company's defense and aerospace growth profile rather than a low-multiple industrial model. The company is listed on Nasdaq under the ticker ESLT and operates in Aerospace and Defense.

The second-quarter balance sheet carried total assets of USD 13.86 billion on June 30, 2026, while operating cash flow reached USD 236.73 million for that quarter. Those figures add balance-sheet scale and cash generation to the revenue comparison, but they do not change the central market fact: the latest target adjustment was incremental.

Stock remains below its yearly high

For investors, the key contrast is the distance between the current Nasdaq quote and the annual high. The USD 293.10 gap to that high equals 28.84 percent, while Morgan Stanley's USD 850.00 target implies a smaller 17.57 percent distance above the current Nasdaq price.

Price and investor view

The market picture combines a 1.82 percent decline in the euro quotation with a target increase of USD 5.00 and sequential second-quarter revenue growth of 4.49 percent. Those figures leave the analyst view constructive on demand but measured in its valuation step.

The further course of trading is shown by the continuously updated real-time quote of Elbit Systems stock.