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Our AI model analyzes fundamental, technical, and statistical indicators to predict the probability of a bullish trend over the next three months.

We regularly update and refine our models to deliver the most reliable forecasts for you.

Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

Magic Software Enterprise... (MGIC)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

12.78

-0.52 (-3.91%)

At close: Feb 20, 2025, 3:59 PM

12.77

-0.08%

After-hours: Feb 20, 2025, 04:00 PM EST

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Bid	12.33
Market Cap	627.49M
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	0.7
PE Ratio (ttm)	18.26
Forward PE	n/a
Analyst	Buy

Ask	13.55
Volume	18,761
Avg. Volume (20D)	50,991
Open	13.13
Previous Close	13.30
Day's Range	12.77 - 13.10
52-Week Range	9.51 - 13.46
Beta	undefined

About MGIC

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Servi...

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Industry Information Technology Services

Sector Technology

IPO Date Aug 30, 1991

Employees 3,628

Stock Exchange NASDAQ

Ticker Symbol MGIC

Website https://www.magicsoftware.com

Full Company Profile

Analyst Forecast

According to 1 analyst ratings, the average rating for MGIC stock is "Buy." The 12-month stock price forecast is $15, which is an increase of 17.37% from the latest price.

Buy 100.00%

Hold 0.00%

Sell 0.00%

Stock Forecasts

Next Earnings Release

Magic Software Enterprises Ltd. is scheduled to release its earnings on Mar 12, 2025, before market opens.
Analysts project revenue of ... Unlock content with Pro Subscription

Why Price Moved

9 months ago

-9.01%

Magic Software Enterprises shares are trading lowe... Unlock content with Pro Subscription

News

1 week ago · seekingalpha.com

MGIC Investment: A Junk Bond Earnings Yield With Growth

2 weeks ago · zacks.com

MGIC Investment Q4 Earnings Beat, Revenues Miss Estimates

MTG's fourth quarter results higher new insurance written, improved net investment income, and higher insurance in force.

3 weeks ago · zacks.com

MGIC Investment Stock Near 52-Week High: What Should Investors Do?

MTG gains from well-performing solid insurance in force, lower delinquency, better housing market fundamentals as well as affordability of shares.

2 months ago · zacks.com

MGIC Investment Stock Rises 35.3% YTD: More Room for Growth?

MTG stock rallies on the back of solid insurance in force, lower delinquency, better housing market fundamentals and solid growth projections.