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FORTY

Formula Systems (1985) Ltd.

NASDAQ · Technology · Information Technology Services · IL

$115.88
−2.79%
Ask drillr
Price chart
Oct 6Oct 9Oct 14Oct 19Oct 22Oct 27Oct 30Nov 4
Key dataNov 4, 2026
Open
$116.75
From 52W high
−39.19%
Volume
67.00
Market cap
$1.78B
P/E (Fwd)
—
EV/EBITDA
7.4x
P/E (TTM)
2.8x
RSI (14)
49.2
1D Return
−2.79%
YTD Return
−28.75%
SummaryUpdated Jun 1, 2026

Formula Systems (1985) Ltd. (NASDAQ:FORTY) is an Israeli technology conglomerate founded in 1985 and headquartered in Or Yehuda, Israel. The company went public in 1997 and has evolved into a diversified information technology services provider operating through multiple subsidiaries worldwide. Formula Systems operates as a holding company with investments in various technology sectors, most notably through its majority stake in Sapiens International Corporation, a leading provider of software solutions for the insurance industry. The company has grown through strategic acquisitions and organic expansion to become a significant player in the global IT services market.

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