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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

12.59

0.39 (3.20%)

At close: Jan 15, 2025, 11:16 AM

Magic Software Enterprises Ltd. Forecast

Stock Price Forecast

The 1 analysts with 12-month price forecasts for MGIC stock have an median target of 15, with a low estimate of 15 and a high estimate of 15. The median target predicts an increase of 19.14% from the current stock price of 12.59.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$15	$15	$15	$15
Change	19.14%	19.14%	19.14%	19.14%

AI Analyst Report

According to 1 stock analyst, the rating for Magic Software Enterprises Ltd. is "Buy". This means that the analyst believes this stock is likely to lead to higher returns than market as a whole.

Rating	Mar 24	Nov 24
Strong Buy	0	0
Buy	1	1
Hold	0	0
Sell	0	0
Strong Sell	0	0
Total	1	1

Financial Forecast this Year

Revenue This Year

546.91M

from 535.05M

2.2%

from 535.05M

Revenue Next Year

566.30M

from 546.91M

3.5%

from 546.91M

EPS This Year

0.94

from 0.75

25.3%

from 0.75

EPS Next Year

0.98

from 0.94

4.3%

from 0.94