FORTY Overview

Formula Systems (1985) Ltd is a holding company that, through its subsidiaries, provides information technology services. The company organizes itself into operating segments: The Matrix segment, which generates the majority of revenue, provides software development and existing software expansion services. The Sapiens segment provides software development services for the insurance industry. The Magic Software segment provides vendor management systems and workforce management services, which include accounting and finance, human resources; Michpal; ZAP Group and Others. The majority of the company's revenue comes from Israel.

Wall Street analysts forecast FORTY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for FORTY is USD with a low forecast of USD and a high forecast of 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.

Formula Systems 1985 Ltd revenue for the last quarter amounts to 699.93M USD, increased 6.89

Formula Systems 1985 Ltd. EPS for the last quarter amounts to 1.51 USD, increased 51.00

Formula Systems 1985 Ltd (FORTY) has 21900 emplpoyees as of May 16 2026.

Today FORTY has the market capitalization of 0.00 USD.