Magic Software Enterprises Ltd. (MGIC)

MGIC Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for MGIC stock have an average target of 16, which predicts a -12.09% decrease from the current stock price of 18.2.

Price Target: $16 (-12.09%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16	$16	$16	$16
Change	-12.09%	-12.09%	-12.09%	-12.09%

* Price targets were last updated on Mar 13, 2025.

Analyst Ratings

The average analyst rating for MGIC stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	0	0	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tavy Rosner Barclays	Barclays	Buy Maintains $15 → $16	Buy	Maintains	$15 → $16	-12.09%	Mar 13, 2025
Maggie Nolan William Blair	William Blair	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Mar 12, 2025
Tavy Rosner Barclays	Barclays	Buy Maintains $14 → $15	Buy	Maintains	$14 → $15	-17.58%	Nov 19, 2024
Tavy Rosner Barclays	Barclays	Buy Maintains $13 → $14	Buy	Maintains	$13 → $14	-23.08%	Mar 14, 2024
Tavy Rosner Barclays	Barclays	Buy Maintains $23 → $18	Buy	Maintains	$23 → $18	-1.10%	Aug 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

594.15M

Increased by 7.53%

from 552.52M

Revenue Next Year

647.39M

Increased by 8.96%

from 594.15M

EPS This Year

1.01

Increased by 35.32%

from 0.75

EPS Next Year

1.12

Increased by 10.15%

from 1.01

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	371.19M	480.33M	566.79M	535.05M	552.52M	594.15M	647.39M	686.87M
Revenue Growth	13.99%	29.40%	18.00%	-5.60%	3.26%	7.53%	8.96%	6.10%
EPS	0.49	0.61	0.82	0.75	0.75	1.01	1.12	1.31
EPS Growth	87.24%	24.64%	35.13%	-8.54%	-	35.32%	10.15%	16.79%
Forward PE	-	-	-	-	-	17.93	16.28	13.94
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	628.6M	666.4M	707.1M
Avg	594.2M	647.4M	686.9M
Low	555.0M	622.0M	659.9M

Revenue Growth

Revenue Growth	2025	2026	2027
High	13.8%	12.2%	9.2%
Avg	7.5%	9.0%	6.1%
Low	0.4%	4.7%	1.9%

EPS Forecast

EPS	2025	2026	2027
High	1.05	1.15	1.34
Avg	1.01	1.12	1.31
Low	0.97	1.07	1.25

EPS Growth

EPS Growth	2025	2026	2027
High	40.0%	13.4%	20.2%
Avg	35.3%	10.2%	16.8%
Low	29.4%	5.8%	12.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.