Magic Software Enterprises Ltd. (MGIC)
NASDAQ: MGIC · Real-Time Price · USD
13.88
+0.21 (1.54%)
Apr 25, 2025, 4:00 PM EDT - Market closed
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 15.27% from the current stock price of 13.88.
Analyst Consensus: Buy
* Price targets were last updated on Mar 13, 2025.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | +15.27% | Mar 13, 2025 |
| William Blair | William Blair | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 12, 2025 |
| Barclays | Barclays | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +8.07% | Nov 19, 2024 |
| Barclays | Barclays | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +0.86% | Mar 14, 2024 |
| Barclays | Barclays | Buy Maintains $23 → $18 | Buy | Maintains | $23 → $18 | +29.68% | Aug 15, 2023 |
Financial Forecast
Revenue This Year
594.15M
from 552.52M
Increased by 7.53%
Revenue Next Year
623.22M
from 594.15M
Increased by 4.89%
EPS This Year
1.03
from 0.75
Increased by 37.90%
EPS Next Year
1.11
from 1.03
Increased by 7.50%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 628.6M | 666.3M | 706.8M |
| Avg | 594.2M | 623.2M | 686.6M |
| Low | 555.0M | 575.7M | 659.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 13.8% | 12.1% | 13.4% |
| Avg | 7.5% | 4.9% | 10.2% |
| Low | 0.4% | -3.1% | 5.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.09 | 1.21 | 1.34 |
| Avg | 1.03 | 1.11 | 1.31 |
| Low | 0.97 | 1.01 | 1.25 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 45.3% | 16.7% | 20.9% |
| Avg | 37.9% | 7.5% | 17.4% |
| Low | 29.4% | -2.4% | 12.8% |
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.