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Home โบ Stocks โบ Magic Software Enterprises Ltd. (MGIC) Stock Forecast & Price Prediction Israel | NASDAQ | Technology | Information Technology Services
$17.38
+0.00 (0.00%)Did MGIC Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Magic Software is one of their latest high-conviction picks.
MGIC has shown a year-to-date change of -32.5% and a 1-year change of 35.5%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for MGIC. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for MGIC.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Aug 13, 2025 | Barclays | Tavy Rosner | Overweight | Maintains | $18.00 |
| Mar 13, 2025 | Barclays | Tavy Rosner | Overweight | Maintains | $16.00 |
| Mar 12, 2025 | William Blair | Maggie Nolan | Market Perform | Downgrade | $N/A |
| Nov 19, 2024 | Barclays | Tavy Rosner | Overweight | Maintains | $15.00 |
| Mar 14, 2024 | Barclays | Tavy Rosner | Overweight | Maintains | $14.00 |
| Aug 15, 2023 | Barclays | Tavy Rosner | Overweight | Maintains | $18.00 |
| Mar 9, 2021 | HC Wainwright & Co. | Kevin Dede | Buy | Maintains | $20.00 |
| Nov 25, 2020 | Bank of America | Underperform | Downgrade | $N/A | |
| Nov 25, 2020 | William Blair | Outperform | Initiates | $N/A | |
| Nov 25, 2020 | H.C. Wainwright | Neutral | Downgrade | $N/A | |
| Nov 25, 2020 | HC Wainwright & Co. | Buy | Upgrade | $N/A | |
| Nov 25, 2020 | Barclays | Overweight | Maintains | $N/A | |
| Aug 17, 2020 | HC Wainwright & Co. | Kevin Dede | Buy | Upgrade | $17.00 |
| Mar 11, 2020 | H.C. Wainwright | Neutral | Downgrade | $N/A | |
| Mar 11, 2020 | HC Wainwright & Co. | Kevin Dede | Neutral | Downgrade | $8.50 |
| Jun 13, 2018 | B of A Securities | Underperform | Downgrade | $N/A | |
| Jun 13, 2018 | Bank of America | Underperform | Downgrade | $N/A | |
| Aug 11, 2016 | Barclays | Overweight | Maintains | $9.00 | |
| Feb 23, 2016 | Barclays | Overweight | Maintains | $8.50 | |
| Nov 12, 2015 | Barclays | Overweight | Upgrade | $N/A |
The following stocks are similar to Magic Software based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Magic Software Enterprises Ltd. has a market capitalization of $853.35M with a P/E ratio of 21.2x. The company generates $603.22M in trailing twelve-month revenue with a 6.6% profit margin.
Revenue growth is +13.1% quarter-over-quarter, while maintaining an operating margin of +10.6% and return on equity of +15.6%.
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Provides software solutions for application development.
The company generates revenue by offering enterprise-grade software solutions that facilitate application development and business process automation. Its primary product is an advanced integration platform that connects disparate systems, helping organizations streamline operational workflows and adapt to rapid technological changes.
Headquartered in Israel, Magic Software serves a global clientele, including small businesses and Fortune 500 companies, and focuses on sectors like healthcare, finance, manufacturing, and retail. The company's commitment to innovation and customer-centric products positions it well in the competitive software market.
Technology
Information Technology Services
3,787
Mr. Guy Bernstein CPA
Israel
1991
Third-quarter operating income rose 13.6% YoY to a record $17.1 million; Non-GAAP operating income increased 8.1% YoY to $19.9 million, also a record.
The significant year-over-year increase in operating income indicates strong financial performance, suggesting potential for future growth and profitability, which can boost investor confidence and stock value.
Magic Software (MGIC) reported Q3 earnings of $0.25 per share, below the Zacks estimate of $0.29, but up from $0.23 per share year-over-year.
Magic Software's earnings miss could indicate weaker performance or challenges ahead, potentially impacting stock price and investor confidence. Year-over-year growth may not offset concerns.
AVVIY, MGIC, and MRX have been added to the Zacks Rank #1 (Strong Buy) income stocks list as of September 26, 2025.
AVVIY, MGIC, and MRX receiving a Zacks Rank #1 indicates strong buy potential, suggesting favorable financial health and growth prospects, which could attract investor interest.
GFI, M, and MGIC were ranked as Zacks Rank #1 (Strong Buy) momentum stocks on September 19, 2025.
GFI, M, and MGIC being ranked #1 by Zacks indicates strong potential for growth, attracting investors seeking high-performing stocks.
CION and MGIC have been rated as Zacks Rank #1 (Strong Buy) income stocks as of September 19, 2025.
CION, M, and MGIC earning a Zacks Rank #1 signifies strong potential for growth and profitability, attracting investor interest and possibly driving up stock prices.
Analyst forecasts for Magic Software Enterprises Ltd. (MGIC) are not currently available. The stock is trading at $17.38.
According to current analyst ratings, MGIC has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $17.38. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for MGIC are not currently available. The stock is trading at $17.38.
The company generates revenue by offering enterprise-grade software solutions that facilitate application development and business process automation. Its primary product is an advanced integration platform that connects disparate systems, helping organizations streamline operational workflows and adapt to rapid technological changes.
Price targets from Wall Street analysts for MGIC are not currently available. The stock is trading at $17.38.
Price targets from Wall Street analysts for MGIC are not currently available. The stock is trading at $17.38.
The overall analyst consensus for MGIC is bullish. Out of 4 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell.
Stock price projections, including those for Magic Software Enterprises Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.