Elbit Systems wins USD 235 million deal. Elbit Systems stock gets USD 850 target

Published on 10/19/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elbit Systems won a USD 235 million rocket contract. Elbit Systems stock costs EUR 676.50 on October 19, 2026.

Contract and earnings dates

Elbit Systems won a USD 235 million rocket systems contract on October 19, 2026.
Morgan Stanley raised its target from USD 845 to USD 850 on October 16, 2026.
Elbit Systems stock trades at EUR 676.50 at 9:24 a.m. CEST at Lang & Schwarz on October 19, 2026.
The next dividend payment is scheduled for October 26, 2026.

ESLT, IL0010811243, Illustration mit AI erstellt.

Elbit Systems (ISIN IL0010811243) was trading at EUR 676.50 at Lang & Schwarz on October 19, 2026 at 9:24 a.m. CEST. TradingView reported that Elbit Systems won a USD 235 million contract to supply EXTRA-MR rockets and PULS launchers to a European customer on October 19, 2026. The contract is scheduled for execution over three years. Markets Insider also reported that Morgan Stanley raised its target from USD 845 to USD 850 on October 16, 2026 and retained an Equal Weight rating.

Three contract milestones

Elbit Systems declared a USD 1.00 per-share dividend on October 6, 2026, according to Simply Wall St. Morgan Stanley then lifted its target by USD 5 on October 16, 2026. The October 19, 2026 rocket contract is the latest of the three dated developments.

What does the order add?

The order expands Elbit Systems' disclosed European rocket systems activity, but the source gives no contract margin or revenue schedule beyond the three-year execution period. That distinction matters because the order value is a contract total, not reported revenue for a specific quarter. The latest available operating context is stronger: Elbit Systems reported second-quarter 2026 revenue of USD 2.29 billion, up 16 percent from the second quarter of 2025, while net income reached USD 173.6 million, up 38 percent, according to Simply Wall St.

Dates for shareholders

The next dated shareholder event is the USD 1.00 dividend payment scheduled for October 26, 2026, according to Simply Wall St. The record date was October 13, 2026.

Stock valuation context

Elbit Systems is listed on the Tel Aviv Stock Exchange under ESLT. Its market capitalization was USD 35.4 billion on October 16, 2026, while the quoted 52-week range was USD 453.00 to USD 1,016.06. The current euro quote therefore provides the German-market trading reference, while the company fundamentals and analyst target remain stated in US dollars.

Current German-market quote

The stock was trading at EUR 676.50 at Lang & Schwarz on October 19, 2026 at 9:24 a.m. CEST. The quote was in the pre-market phase for Xetra-based German investors.

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