Magic Software Enterprise... (MGIC)

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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

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At close: undefined

12.26

-0.01%

After-hours Dec 13, 2024, 04:00 PM EST

Magic Software Enterprises Ltd. Forcast

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 22.35% from the current stock price of 12.26.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$15	$15	$15	$15
Change	22.35%	22.35%	22.35%	22.35%

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

540.00M

from 535.05M

0.9%

from 535.05M

Revenue Next Year

558.60M

from 540.00M

3.4%

from 540.00M

EPS This Year

0.75

from 0.75

0.0%

from 0.75

EPS Next Year

0.78

from 0.75

4.0%

from 0.75