# Elbit Systems Ltd. (ESLT)

> Source: Nexqual · https://nexqual.com/ESLT · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Elbit Systems Ltd. (ESLT), nexqual.com/ESLT" · informational, not investment advice.

**Price:** USD 743.22 (+0.07% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 742.72 · day 738.47–750.49 · 52w 453–1,016.06 · market cap $34.8B · NMS

## Key facts
- Insider open-market sales, last ~7 months: 7 Form 4 filings, $61.9M; 7 not under a Rule 10b5-1 plan ($61.9M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.83 on a 1–5 scale) (6 analysts), mean target USD 802.17 (range 518–960).
- Total return with dividends: 1Y +53.0% vs S&P 500 +14.9%; 5Y +430.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-24, EPS estimate USD 3.94, revenue estimate $2.26B.

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 7 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-04-09 | Shmuely Yoram | Executive Vice President | 7,654 | $6.8M | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-09 | Vered Yehuda | Executive Vice President | 5,953 | $5.3M | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-09 | Sabag Oren Yaacov | Executive Vice President | 8,504 | $7.5M | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-09 | Ariel Jonathan | Executive Vice President | 7,654 | $6.8M | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-09 | Machlis Bezhalel | President and CEO | 25,514 | $22.6M | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-09 | Kril Ran | Executive Vice President | 6,803 | $6.0M | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-04-09 | Delmar Haim Daniel | Executive Vice President | 7,654 | $6.8M | 100% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus Hold (mean 2.83 on a 1–5 scale), 6 analysts; mean target USD 802.17 (low 518, high 960).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-05 | Jefferies | Target lowered | Hold | $880 → $790 |
| 2026-08-19 | JP Morgan | Target lowered | Neutral | $950 → $885 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +53.0% | +430.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +53.3% | +39.5% |
| Volatility (annualized) | 44.2% | 34.3% |
| Max drawdown | -35.4% (Mar 2026→Oct 2026) | -32.5% (Aug 2022→Dec 2022) |

## Peers (Aerospace & Defense)
RKLB (Rocket Lab Corporation) USD 51.22 -4.56% · AXON (Axon Enterprise, Inc.) USD 414.6 +2.98% · HEI (Heico Corporation) USD 300.02 +0.57% · LHX (L3Harris Technologies, Inc.) USD 254.23 +2.70% · HONA (Honeywell Aerospace Inc.) USD 163.02 +0.34% · ARXS (Arxis, Inc.) USD 49.68 -3.98%

## More
Full page: https://nexqual.com/ESLT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in ESLT's own 20-F filed 2026-03-17 (https://www.sec.gov/Archives/edgar/data/1027664/000102766426000005/eslt-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Competitor | RTX (Raytheon) (RTX) | "Our main competitors include divisions and subsidiaries of Northrop Grumman, Raytheon, General Dynamics, BAE Systems, L3Harris, Thales, Airbus, Leonardo, Saab, Textron, Teledyne Technologies, Boeing, Lockheed Martin, Aer…" |
| Competitor | Airbus | "Our main competitors include divisions and subsidiaries of Northrop Grumman, Raytheon, General Dynamics, BAE Systems, L3Harris, Thales, Airbus, Leonardo, Saab, Textron, Teledyne Technologies, Boeing, Lockheed Martin, Aer…" |
| Competitor | Boeing (BA) | "Our main competitors include divisions and subsidiaries of Northrop Grumman, Raytheon, General Dynamics, BAE Systems, L3Harris, Thales, Airbus, Leonardo, Saab, Textron, Teledyne Technologies, Boeing, Lockheed Martin, Aer…" |
| Competitor | Lockheed Martin (LMT) | "Our main competitors include divisions and subsidiaries of Northrop Grumman, Raytheon, General Dynamics, BAE Systems, L3Harris, Thales, Airbus, Leonardo, Saab, Textron, Teledyne Technologies, Boeing, Lockheed Martin, Aer…" |
| Competitor | Palantir (PLTR) | "We compete with companies that are active in the deep-tech / defense-tech field, such as Anduril Industries, Palantir Technologies, Shield AI, Helsing, Kela AI Systems and Ondas." |

Other companies that name ESLT in their own reports (relationship from ESLT's side):

| Relationship | Company | Their filing | Sentence |
|---|---|---|---|
| customer | T3 Defense Inc. (DFNS) | 10-K 2026-04-09 | "Zorronet operates as a subcontractor to Elbit Systems Ltd. for certain" |
| supplier | IM Cannabis Corp. (IMCC) | 20-F 2026-03-30 | "Development Manager at Elbit Systems Ltd., managing defense electronics sales to government and enterprise clients." |
| supplier | Foresight Autonomous Holdings Ltd. (FRSX) | 20-F 2026-03-25 | "commercially deployed to a defense industry customer through Elbit in April 2024 for use in fully autonomous vehicles and is currently" |
| partner | Odysight.ai Inc. (ODYS) | 10-K 2026-03-19 | "strong partnerships and collaborations with prominent clients such as Elbit Systems, Israel Aerospace Industries, SIPAL S.P.A., Israel" |
| partner | KBR, INC. (KBR) | 10-K 2026-02-26 | "The Affinity joint venture, with Elbit Systems Ltd., procures, operates and maintains aircraft and aircraft-related assets over an 18-year contract period, in support of the U.K." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $3.94 | $3.83 | +2.9% | $2.26B | 4 |
| Next quarter (ends 2026-12-31) | $4.40 | $4.41 | -0.3% | $2.37B | 4 |
| Current fiscal year (ends 2026-12-31) | $16.38 | $15.59 | +5.1% | $9.13B | 4 |
| Next fiscal year (ends 2027-12-31) | $18.61 | $18.06 | +3.0% | $10.25B | 4 |