Shufersal moves to TA-90 as profit drop shadows Shufersal stock
Published on 10/19/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSIndex change and earnings
- Shufersal will move from the TA-35 to the TA-90 index on November 5, 2026.
- Second-quarter 2026 revenue was ILS 3.412 billion and net income was ILS 125.0 million.
- One analyst set a 12-month target of ILS 5,100.00 on October 16, 2026.
Shufersal (IL0007770378) will move from Israel's TA-35 index to the TA-90 when the revision takes effect on November 5, 2026. Globes reported the change on October 15, 2026, linking the shift to the semi-annual index update.
Three events frame the change
The recent sequence is clear. On August 27, 2026, Shufersal reported second-quarter revenue of ILS 3.412 billion and net income of ILS 125.0 million, according to Investing.com. On September 25, 2026, WireIsrael reported that Migdal Insurance had sold shares worth ILS 125.0 million and reduced its holding below 5 percent. On October 15, 2026, Globes reported the move to TA-90, with the change scheduled for November 5, 2026.
What does the earnings trend mean?
Shufersal's second-quarter revenue fell from ILS 3.688 billion in the first quarter of 2026 to ILS 3.412 billion, a decline of 7.49 percent. Net income dropped from ILS 174.0 million to ILS 125.0 million over the same comparison, a decline of 28.16 percent. The figures show why the index change arrives alongside a weaker operating picture rather than as a stand-alone classification event.
The half-year picture adds pressure. WireIsrael reported that first-half 2026 net profit fell 13.80 percent to ILS 299.0 million while revenue declined 2.00 percent to ILS 7.1 billion. For investors, the combination of lower quarterly revenue and the index migration is the central metric to monitor.
Targets and upcoming dates
Investing.com listed one analyst and a 12-month target of ILS 5,100.00 on October 16, 2026. The next two dated events are the TA-35 revision on November 5, 2026, and the next earnings date of November 30, 2026, listed by Forecaster.
Trading level in Tel Aviv
Shufersal was last at ILA 3,680.00 on TASE on October 19, 2026 at 9:56 a.m. CEST. The finance snapshot also placed its market capitalization at ILS 9.8 billion and its 52-week range at ILA 3,492.00 to ILA 5,080.00, both as of October 19, 2026.
Shufersal stock facts
- Company: Shufersal Ltd
- ISIN: IL0007770378
- Ticker: SAE.TA
- Primary exchange: TASE
- Price TASE (as of October 19, 2026, 9:56 a.m. CEST): ILA 3,680.00
- Market capitalization: ILS 9.8 billion (as of October 19, 2026)
- 52-week range: ILA 3,492.00-5,080.00 (as of October 19, 2026)
- Sector / Industry: Consumer Defensive / Grocery Stores
- Index membership: TA-35 until November 5, 2026; TA-90 afterward
Market context: Market report TA-35.
