Airports to cooking oil: the many businesses of India's Gautam Adani By Reuters

Written by Emily J. Thompson, Senior Investment Analyst

ESLT+1.22%

Source: Investing.com

Updated: Nov 28 2024

0mins

Source: Investing.com

Allegations Against Adani Group: Indian billionaire Gautam Adani and executives face U.S. accusations of bribery totaling $265 million to secure power contracts and misleading investors, which the group has denied as baseless.
Diverse Business Operations: The Adani Group operates in various sectors including energy (thermal and renewable), airports, edible oils, port operations, cement, media, and defense, making it a significant player in India's economy.

ESLT

$717.53+Infinity%1D

Analyst Views on ESLT

Wall Street analysts forecast ESLT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ESLT is 553.67 USD with a low forecast of 531.00 USD and a high forecast of 580.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Analyst Rating

1 Buy

2 Hold

0 Sell

Moderate Buy

Current: 708.850

Low

531.00

Averages

553.67

High

580.00

Current: 708.850

Low

531.00

Averages

553.67

High

580.00

JPMorgan

Seth Seifman

Neutral

maintain

$530 -> $580

2025-12-19

Reason

JPMorgan

Seth Seifman

Price Target

$530 -> $580

AI Analysis

2025-12-19

maintain

Neutral

Reason

JPMorgan analyst Seth Seifman raised the firm's price target on Elbit Systems to $580 from $530 and keeps a Neutral rating on the shares as part of its aerospace and defense outlook for 2026. The outlook for sector remains mostly positive into 2026, the analyst tells investors in a research note. In aerospace, JPMorgan expects strong demand and a gradual supply increase to drive "visible growth." The outlook for defense is "more nuanced," the firm adds.

Morgan Stanley

Equal Weight

initiated

$531

2025-12-11

Reason

Morgan Stanley

Price Target

$531

2025-12-11

initiated

Equal Weight

Reason

Morgan Stanley initiated coverage of Elbit Systems with an Equal Weight rating and $531 price target. Elbit is an Israeli defense pure-play offering "differentiated capabilities" across geographies, the analyst tells investors in a research note. With the shares up 95% year-to-date, the firm sees much of the company's growth potential priced into the shares.

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BofA

Ronald Epstein

Buy

maintain

$540 -> $550

2025-12-03

Reason

BofA

Ronald Epstein

Price Target

$540 -> $550

2025-12-03

maintain

Buy

Reason

BofA analyst Ronald Epstein raised the firm's price target on Elbit Systems to $550 from $540 and keeps a Buy rating on the shares. The company continues to demonstrate strong revenue growth, margin expansion, and enduring demand, says the analyst, who expects Elbit will continue to benefit from increased defense spending domestically in Israel, NATO countries, and the U.S.

JPMorgan

Neutral

initiated

$520

2025-09-30

Reason

JPMorgan

Price Target

$520

2025-09-30

initiated

Neutral

Reason

JPMorgan initiated coverage of Elbit Systems with a Neutral rating and $520 price target. Elbit is an Israeli-based, geographically diverse global defense company with exposure to several growing markets and margin expansion potential, the analyst tells investors in a research note. However, with the stock up 157% in the past year, JPMorgan seeks a better entry point into the name.

About ESLT

Elbit Systems Ltd. is an international technology company engaged in a range of programs across the world. The Company develops and supplies a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. Its systems and products are installed on new platforms, and it also performs platform modernization programs. In addition, it provides a range of support services. The Company's activities include military aircraft and helicopter systems; helmet mounted systems; commercial aviation systems and aerostructures; unmanned aircraft and unmanned surface vessels; land vehicle systems; command, control, communications, computer and intelligence (C4I) systems; intelligence and cyber systems; electro-optic and countermeasures systems; electronic warfare and signal intelligence systems, and various commercial activities. It operates primarily in the defense and homeland security arenas.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.