Tel Aviv Stock Exchange posts exceptional growth forecast – stock surges about 15%

The Tel Aviv Stock Exchange's share price surged about 15% after the board approved a new strategic plan for 2027-2031, targeting average annual revenue growth of 15%-18%, international expansion, entry into tokenization and AI, mergers and acquisitions, and a structural reorganization of the group.

The Tel Aviv Stock Exchange's share price surged nearly 15% today (Thursday), after the exchange announced yesterday that its board of directors approved a new strategic plan for 2027-2031. At the heart of the plan: an average annual growth target (CAGR) of 15%-18% in company revenues – significantly higher than the previous target of 10%-12%. In practice, under the previous plan (2023-2027), the exchange's revenues grew at an average rate of about 19% per year, exceeding the set target. The new plan is based on two pillars: continued organic growth through deepening existing operations, strengthening the international profile, refining trading mechanisms, and expanding data and AI infrastructure; and entry into adjacent fields, including tokenization of securities via DLT, mergers and acquisitions, and commercialization of technology and know-how to exchanges abroad. Concurrently, the exchange is planning a structural change: a holding company that will be the listed entity, with subsidiaries beneath it. The company emphasizes that this is forward-looking information and there is no certainty that the targets will be realized.