Menora Mivtachim reported ILS 790 million profit: target for Menora Mivtachim stock is ILS 60,000

Published on 10/12/2026 at 10:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income reached ILS 790 million, up from ILS 464 million. The target for Menora Mivtachim stock is ILS 60,000 from one analyst.

Key points in brief

Menora Mivtachim reported ILS 790 million in second-quarter net income, up from ILS 464 million in the previous quarter.
Investing.com lists a 12-month analyst target of ILS 60,000 for Menora Mivtachim stock.
The stock was last at ILA 49,680 on October 12, 2026, while its 52-week range is ILA 30,220 to ILA 57,400.
Menora Mivtachim operates across life, health, property and casualty insurance, pensions and financial services.

Menora Mivtachim, IL0005660183, Illustration mit AI erstellt.

Menora Mivtachim reported second-quarter 2026 net income of ILS 790 million, versus ILS 464 million in the previous quarter, according to Investing.com. Investing.com also lists a 12-month analyst target of ILS 60,000 for Menora Mivtachim stock.

Three dated signals for investors

On August 23, 2026, the companys latest release showed earnings per share of ILS 12.47 and revenue of ILS 2.19 billion, as reported by Investing.com. On October 1, 2026, Menora Mivtachim shares declined 3.44 percent to ILA 51,660 at the Tel Aviv close, according to Investing.com. On October 12, 2026, the stock was last at ILA 49,680 at TASE at 10:57 a.m. IDT.

What does the profit trend mean?

The move from ILS 464 million to ILS 790 million represents a 70.26 percent quarter-on-quarter increase in net income. Revenue also rose from ILS 2.40 billion in the previous quarter to ILS 2.96 billion in the second quarter of 2026, giving the earnings increase a broader operating base, according to Investing.com.

The companys financial profile spans life insurance and long-term savings, health insurance, and property and casualty insurance. Its investor-relations page describes more than ILS 312 billion in pension assets under management and a solvency ratio of 163.10 percent, while also identifying Menora Mivtachim as one of Israels largest insurance and financial groups.

Stock remains below its yearly high

The current ILA 49,680 quote stands 13.45 percent below the 52-week high of ILA 57,400 and above the 52-week low of ILA 30,220. Market capitalization is ILA 31.0 billion as of October 12, 2026, and the 12-month target of ILS 60,000 places valuation attention on whether the second-quarter earnings level can continue.

Trading context for Menora Mivtachim

Menora Mivtachim was last at ILA 49,680 on TASE on October 12, 2026 at 10:57 a.m. IDT. The quoted 52-week span of ILA 30,220 to ILA 57,400 frames the current level against the companys recent trading history.