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Formula Systems Reports Second Quarter and First Half 2026 Financial Results
Globe Newswire (Tue, 25-Aug 7:40 AM ET)
Formula Systems (1985) Ltd is an information technology company that is principally engaged through its directly and indirectly held investees in providing software consulting services, selling and marketing computer-based business solutions and hardware products from a wide range of domestic and international manufacturers, as well as developing proprietary software solutions. It delivers solutions in Israel and in numerous countries to customers with complex IT services needs. It designs and implements IT solutions and software systems that improve the productivity of customers' existing IT assets, enable them to effectively manage their operations and reduce their business risks in the face of changing business environments.
Formula Sys (1985) trades on the NASDAQ stock market under the symbol FORTY.
As of September 11, 2026, FORTY stock price was flat at $120.50 with 11 million shares trading.
FORTY has a market cap of $1.85 billion. This is considered a Small Cap stock.
In the last 3 years, FORTY traded as high as $190.56 and as low as $57.15.
The top ETF exchange traded funds that FORTY belongs to (by Net Assets): DFIC, DFSI, DIHP.
FORTY has underperformed the market in the last year with a price return of +1.2% while the SPY ETF gained +18.4%. FORTY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.6% and -4.2%, respectively, while the SPY returned +5.6% and -0.9%, respectively.
FORTY support price is $113.02 and resistance is $127.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FORTY shares will trade within this expected range on the day.
