Elbit Systems Ltd. (ESLT) - Stock Analysis

Last updated: Sep 6, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Elbit has reported record Q4/FY results and a $28.1B backlog with multiple new defense contracts worth hundreds of millions of dollars, driving a ~36% share surge over 21 days and a breakout to new highs. Defense‑sector tailwinds plus strong contract momentum make this a high‑potential short‑term momentum trade despite rich valuation.

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Idea window: 3/18/2026 – 3/25/2026Sector: Industrials

AI Analyst Overview

Last Price
$703.28
Market Cap
$32.95B
1D Return
+0.29%
YTD Return
+22.03%

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Valuation Metrics

P/E
51.2
P/B
7.7
P/S
3.8
EV/EBITDA
35.6
Div Yield
0.50%

Fundamental Analysis

5.0

Key Financial Insights: • Margin Expansion • Positive Free Cash Flow • Elevated Leverage ESLT shows improving profitability, positive free cash flow, and lower debt, but elevated valuation, leverage, and shrinking cash reserves warrant caution.

CashFlow
ValuationRisk

Price Behavior

4.0

Key Price Behavior Insights: • Downtrend persists • $700 support • $722 resistance Support Level: $700–$703 Resistance Level: $718–$722 ESLT is in a cautious downtrend over the last month, with $700–$703 support and oversold rebound potential, but a break below $700 would be bearish while reclaiming $718–$722 would improve momentum.

Cautious
ReboundPotential

Sentiment & News

7.0

Key News Insights: • Record Backlog • Earnings Beat • Delivery Constraints Elbit Systems' record backlog, earnings beat, and new contracts signal strong defense-demand momentum, though valuation and delivery constraints may limit near-term share upside.

DefenseGrowth
ValuationRisk
AI

AI Summary

6.0
Neutral

ESLT is now an execution-driven investment: its $32B backlog and improving margins/cash flow support upside, but at premium valuation investors should wait for sustained backlog-to-free-cash-flow conversion and monitor working-capital pressure before treating the recent selloff as a buying opportunity.

BacklogGrowth
ExecutionRisk
Valuation
AI summary updated today

Description

Elbit Systems Ltd. is an Israeli defense contractor that develops and supplies a broad range of airborne, land and naval platforms, sensors, weapons, communications and cyber systems for military, homeland security and commercial aviation customers. The company serves governments and industrial partners as both prime contractor and subcontractor and also provides training, support and integration services. Founded in 1966 and headquartered in Haifa, Elbit operates across the United States, Europe, Latin America, the Asia–Pacific region and other international markets.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Mar 18Mar 25ESLTElbit Systems Ltd.
Elbit has reported record Q4/FY results and a $28.1B backlog with multiple new defense contracts worth hundreds of millions of dollars, driving a ~36% share surge over 21 days and a breakout to new highs. Defense‑sector tailwinds plus strong contract momentum make this a high‑potential short‑term momentum trade despite rich valuation.
Closed-4.4%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.