Elbit Systems stock slips below the 200 day average
Published on 08/29/2026 at 15:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Elbit Systems Ltd. (IL0010811243) stock opened at $708.68 on August 29, 2026, with a $31.50 billion market value and a 52 week range of $453.00 to $1,016.06.
The latest quarterly update, reported on August 11, 2026, showed revenue of $2.29 billion and EPS of $4.14, with both figures above the $2.25 billion and $3.69 consensus marks.
Quarterly numbers set the tone
The same report put net margin at 7.44% and return on equity at 16.66%, while Wall Street is now looking for $15.61 in full year EPS. The gap between the quarter's $4.14 EPS and the $3.69 estimate is a concrete sign that profitability is still running ahead of expectations.
Institutional positioning also remains active. One filing cited by a recent market filing showed Navellier & Associates Inc. lifting its stake by 10.3% in the second quarter to 16,247 shares, worth $12.33 million.
Analysts keep a cautious stance
The stock also sits well below the 200 day moving average of $812.29 and the 50 day average of $775.16, a setup that keeps valuation and momentum separate in the debate. On that basis, the share price is still trading under both medium term trend lines even after the strong August 11 earnings print.
Analyst sentiment remains cautious. JPMorgan cut its price target to $885 on August 19, 2026, and the group average target tracked by the same market filing stands at $870, with five analysts rating the shares Hold.
Defense systems portfolio
Elbit Systems' product mix spans unmanned aircraft systems, electro optic sensors, electronic warfare, communications equipment, avionics, and land and naval systems. That broad portfolio helps explain why the company can post a $2.29 billion quarter while keeping margin at 7.44%.
Shares and valuation
As of August 29, 2026, Elbit Systems stock trades at $708.68, with a market capitalization of $31.50 billion and a price to earnings ratio of 53.40.
Company
Company: Elbit Systems Ltd.
ISIN: IL0010811243
Ticker: ESLT
Exchange: Nasdaq
Market cap: $31.50 billion (as of August 29, 2026)
Sector / Industry: Industrials / Aerospace and Defense
Index membership: Nasdaq-100
Next earnings date: October 2026
More on Elbit Systems stock
Elbit Systems builds defense electronics and mission systems for military, homeland security, and commercial aviation customers.
