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Magic Software Enterprises Ltd
NASDAQ:MGIC

Watchlist Manager
Magic Software Enterprises Ltd Logo
Magic Software Enterprises Ltd
NASDAQ:MGIC
Watchlist
Price: 11.64 USD 0.52% Market Closed
Updated: Apr 27, 2024

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 14.28 USD with a low forecast of 14.14 USD and a high forecast of 14.7 USD.

Lowest
Price Target
14.14 USD
21% Upside
Average
Price Target
14.28 USD
23% Upside
Highest
Price Target
14.7 USD
26% Upside
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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 15%.

13%
Past Growth
15%
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 17%.

11%
Past Growth
17%
Estimated Growth
Estimates Accuracy
-32%
Average Miss

See Also

Discover More
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
14.28 USD

According to Wall Street analysts, the average 1-year price target for MGIC is 14.28 USD with a low forecast of 14.14 USD and a high forecast of 14.7 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
15%

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 15%.

What is Magic Software Enterprises Ltd's Net Income forecast?
Projected CAGR
17%

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 17%.