Magic Software Enterprises Ltd.
Magic Software Enterprises Ltd. (MGIC) Stock Forecast & Analyst Price Target
Wall Street consensus, 12-month price targets, model projections, and EPS/revenue estimates — from analyst data and price history.
mgic · stock forecast · 6 analysts (3M) · FMP · updated Mar 24, 2026
Analyst Rating & Consensus
Based on 6 Wall Street analysts in the past 3 months
Buy
6 analysts
consensus
Rating Breakdown
12-Month Price Target
High
$22.00
Consensus
$18.50
+6.4% upside
Low
$15.00
Median: $18.5 · Last Close: $17.38
12-Month Price Target Forecast
Historical closing prices + analyst 12-month price target forecast cone
Consensus Target
$18.50
6.4% upside
High Target
$22
26.6%
Low Target
$15
-13.7%
Current Price
$17.38
as of today
Based on analyst price targets, the MGIC stock price prediction for the next 12 months ranges from $15 to $22. The consensus MGIC price forecast of $18.50 implies 6.4% upside from the current price of $17.38.
Short-Term Price Prediction
Long-Term Stock Price Prediction
Stock Forecast Based on Technical Analysis
14 TA signals (SMA×6 + EMA×6 + RSI + MACD) · EEAT method transparency
Market Sentiment
BEARISH
Based on 14 technical indicators
Refreshes daily from EOD close
Moving Averages · MGIC · Jun 8, 2026
Latest Analyst Ratings & Upgrades
| Date | Brokerage | Action | Rating |
|---|---|---|---|
| 2025-08-13 | Barclays | Maintains | Overweight→Overweight |
| 2025-03-13 | Barclays | Maintains | Overweight→Overweight |
| 2025-03-12 | William Blair | Downgrade ↓ | Outperform→Market Perform |
| 2024-11-19 | Barclays | Maintains | Overweight→Overweight |
| 2021-03-09 | HC Wainwright & Co. | Maintains | Buy→Buy |
| 2020-11-25 | Barclays | Upgrade ↑ | Equal Weight→Overweight |
| 2020-11-25 | Bank of America | Downgrade ↓ | Neutral→Underperform |
| 2020-11-25 | H.C. Wainwright | Downgrade ↓ | Buy→Neutral |
| 2020-11-25 | Barclays | Maintains | Equal Weight→Equal Weight |
| 2020-11-25 | HC Wainwright & Co. | Upgrade ↑ | Neutral→Buy |
Wall Street analysts have recently issued updated ratings on Magic Software Enterprises Ltd. (MGIC) stock. Of the recent 19 rating actions, 4 were upgrades and 7 were downgrades. 6 analysts currently cover MGIC.
Analyst Recommendation Trends
MGIC analyst recommendation trends show stable buy-side sentiment over the past 6 months. Buy rating actions changed from 1 to 1 per month.
Financial Forecast: EPS & Revenue Estimates
Revenue This Year
$525M
↓ 15.1% YoY
Revenue Next Year
$547M
↑ 4.3% YoY
EPS This Year
$0.94
EPS Next Year
$0.94
↓ 0.6% YoY
EPS ForecastReported vs Estimated
Analysts forecast MGIC EPS of $0.94 for the current fiscal year, based on estimates from 1 analysts. The MGIC revenue forecast is $525M for the current year. These are analyst consensus estimates via FMP / S&P Global.
About Forecast & Price Prediction
The MGIC stock forecast is supported by two independent data sources: analyst consensus ratings from 6 Wall Street analysts (S&P Global / FMP), and technical analysis calculated from historical EOD price data. The consensus MGIC price target is $18.50 (+6.4% upside), with an analyst consensus of Buy.
Magic Software Enterprises Ltd. trades on NASDAQ under the ticker MGIC. The MGIC stock outlook for 2027 is broadly positive, supported by a Buy consensus among 33% of covering analysts.
Frequently asked questions
MGIC forecast · 8 questionsAccording to 6 Wall Street analysts, the average 12-month MGIC price target is $18.50, with a high forecast of $22.00 and a low of $15.00. The median price target is shown in the chart above when available. This implies +6.4% potential upside from the current price of $17.38.
· Analyst data: Financial Modeling Prep (FMP) · S&P Global Market Intelligence · Technical analysis: FMP /historical-price-eod/light · Updated: Hourly (analyst) · Daily (technical)
⚠ This information is provided for informational purposes only and does not constitute investment advice. Short-term and long-term price predictions are algorithmically generated and carry significant uncertainty. Past performance does not guarantee future results. Always conduct your own due diligence before making investment decisions.