Magic Software Enterprises Ltd
NASDAQ:MGIC

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Magic Software Enterprises Ltd
NASDAQ:MGIC
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Price: 13.44 USD -4.27% Market Closed
Market Cap: 659.9m USD

Wall Street
Price Targets

MGIC Price Targets Summary
Magic Software Enterprises Ltd

Wall Street analysts forecast MGIC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGIC is 16.32 USD with a low forecast of 16.16 USD and a high forecast of 16.8 USD.

Lowest
Price Target
16.16 USD
20% Upside
Average
Price Target
16.32 USD
21% Upside
Highest
Price Target
16.8 USD
25% Upside
Magic Software Enterprises Ltd Competitors:
Price Targets
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152% Upside
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38% Upside
CSU
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17% Upside
DOCU
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16% Upside
HUBS
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50% Upside
KXS
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27% Upside
NCNO
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51% Upside
INTU
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21% Upside

Revenue
Forecast

Revenue Estimate
Magic Software Enterprises Ltd

For the last 8 years the compound annual growth rate for Magic Software Enterprises Ltd's revenue is 15%. The projected CAGR for the next 3 years is 4%.

15%
Past Growth
4%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Magic Software Enterprises Ltd

For the last 8 years the compound annual growth rate for Magic Software Enterprises Ltd's operating income is 13%. The projected CAGR for the next 3 years is 10%.

13%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-22%
Average Miss

Net Income
Forecast

Net Income Estimate
Magic Software Enterprises Ltd

For the last 8 years the compound annual growth rate for Magic Software Enterprises Ltd's net income is 11%. The projected CAGR for the next 3 years is 12%.

11%
Past Growth
12%
Estimated Growth
Estimates Accuracy
-32%
Average Miss
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MGIC's stock price target?
Price Target
16.32 USD

According to Wall Street analysts, the average 1-year price target for MGIC is 16.32 USD with a low forecast of 16.16 USD and a high forecast of 16.8 USD.

What is Magic Software Enterprises Ltd's Revenue forecast?
Projected CAGR
4%

For the last 8 years the compound annual growth rate for Magic Software Enterprises Ltd's revenue is 15%. The projected CAGR for the next 3 years is 4%.

What is Magic Software Enterprises Ltd's Operating Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Magic Software Enterprises Ltd's operating income is 13%. The projected CAGR for the next 3 years is 10%.

What is Magic Software Enterprises Ltd's Net Income forecast?
Projected CAGR
12%

For the last 8 years the compound annual growth rate for Magic Software Enterprises Ltd's net income is 11%. The projected CAGR for the next 3 years is 12%.

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