MGIC Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for MGIC stock has a target of 16, which predicts an increase of 23.70% from the current stock price of 12.94.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$16	$16	$16	$16
Change	+23.70%	+23.70%	+23.70%	+23.70%

Analyst Ratings

The average analyst rating for MGIC stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tavy Rosner Barclays	Barclays	Buy Maintains $15 → $16	Buy	Maintains	$15 → $16	+23.70%	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	+15.96%	Nov 19, 2024
Tavy Rosner Barclays	Barclays	Buy Maintains $13 → $14	Buy	Maintains	$13 → $14	+8.23%	Mar 14, 2024
Tavy Rosner Barclays	Barclays	Buy Maintains $23 → $18	Buy	Maintains	$23 → $18	+39.16%	Aug 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

576.91M

from 552.52M

4.41%

from 552.52M

Revenue Next Year

605.22M

from 576.91M

4.91%

from 576.91M

EPS This Year

1.03

from 0.75

37.90%

from 0.75

EPS Next Year

1.11

from 1.03

7.50%

from 1.03

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	371.19M	480.33M	566.79M	535.05M	552.52M	576.91M	605.22M
Revenue Growth	13.99%	29.40%	18.00%	-5.60%	3.26%	4.41%	4.91%
EPS	0.49	0.61	0.82	0.75	0.75	1.03	1.11
EPS Growth	87.24%	24.64%	35.13%	-8.54%	-	37.90%	7.50%
Forward PE	-	-	-	-	-	12.51	11.63
No. Analysts	-	-	-	-	-	4	4

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

Revenue Forecast

Revenue	2025	2026
High	594.6M	629.3M
Avg	576.9M	605.2M
Low	553.6M	575.7M

Revenue Growth

Revenue Growth	2025	2026
High	7.6%	9.1%
Avg	4.4%	4.9%
Low	0.2%	-0.2%

EPS Forecast

EPS	2025	2026
High	1.09	1.21
Avg	1.03	1.11
Low	0.97	1.01

EPS Growth

EPS Growth	2025	2026
High	45.3%	16.7%
Avg	37.9%	7.5%
Low	29.4%	-2.4%

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.