Protection electronics firm Elbit Techniques Ltd. (Nasdaq: ESLT; TASE:ESLT) has taken over as essentially the most useful Israeli firm traded on Wall Road. 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 conflict between Russia and Ukraine and elevated protection procurement by European international locations, and since October 2023 by the conflict in Israel. Elbit’s share value rose by 70% within the second half of 2024 and an extra 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 beneficial firm on Wall Road. 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) must be essentially the most useful firm on Wall Road 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 beneficial Israeli firm on Wall Road is Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA), which was for a few years essentially the most useful firm. Teva’s share value has fallen 30.2% in 2025, after doubling in worth in 2024.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on August 5, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
