Magic Software Enterprises Ltd. (MGIC)

Market Cap	989.35M
Revenue (ttm)	584.53M
Net Income (ttm)	38.45M
Shares Out	49.10M
EPS (ttm)	0.78
PE Ratio	25.54
Forward PE	18.42
Dividend	$0.56 (2.79%)
Ex-Dividend Date	Oct 6, 2025

Volume	70,417
Open	20.52
Previous Close	20.49
Day's Range	20.07 - 20.65
52-Week Range	10.08 - 22.00
Beta	1.05
Analysts	Buy
Price Target	18.00 (-10.67%)
Earnings Date	Aug 13, 2025

About MGIC

Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services worldwide. It operates in two segments, Software Services and IT Professional Services. The Software Services segment develops, markets, sells, and supports proprietary and non-proprietary application platforms, software applications, business and process integration solutions, and related services. Its IT Professional Servic...

• Industry: Information Technology Services
• Sector: Technology
• IPO Date: Aug 28, 1991
• Employees: 3,787
• Stock Exchange: NASDAQ
• Ticker Symbol: MGIC
• Website: https://www.magicsoftware.com

Financial Performance

In 2024, MGIC's revenue was $552.52 million, an increase of 3.26% compared to the previous year's $535.05 million. Earnings were $36.88 million, a decrease of -0.40%.

Analyst Summary

According to 2 analysts, the average rating for MGIC stock is "Buy." The 12-month stock price target is $18.0, which is a decrease of -10.67% from the latest price.

Price Target

$18.0

(-10.67% downside)

Analyst Consensus: Buy