MAGIC SOFTWARE ENTERPRISES (MGIC) Stock Analyst Ratings
USA - NASDAQ:MGIC - IL0010823123 - Common Stock
21.88 USD
+0.56 (+2.63%)
ChartMill assigns a Buy % Consensus number of 80% to MGIC. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 18.36. This target is -16.09% below the current price.
MGIC was analyzed by 8 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about MGIC.
In the previous month the buy percentage consensus was at a similar level.
MGIC was analyzed by 8 analysts. More opinions would make the average more meaningful.
Price Target & Forecast
| Date | Firm | 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 |
| 2024-03-14 | Barclays | Maintains | Overweight -> Overweight |
| 2023-08-15 | Barclays | Maintains | Overweight -> Overweight |
| 2021-03-09 | HC Wainwright & Co. | Maintains | Buy |
MAGIC SOFTWARE ENTERPRISES / MGIC FAQ
What do analysts expect the price target to be for MAGIC SOFTWARE ENTERPRISES (MGIC)?
8 analysts have analysed MGIC and the average price target is 18.36 USD. This implies a price decrease of -16.09% is expected in the next year compared to the current price of 21.88.
What is the consensus rating for MGIC stock?
The consensus rating for MAGIC SOFTWARE ENTERPRISES (MGIC) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.
How many analysts cover MAGIC SOFTWARE ENTERPRISES (MGIC) stock?
The number of analysts covering MAGIC SOFTWARE ENTERPRISES (MGIC) is 8.