Magic Software Enterprises Ltd
NASDAQ:MGIC

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Magic Software Enterprises Ltd
NASDAQ:MGIC
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Price: 19.8 USD -0.5% Market Closed
Market Cap: 972.2m USD

Wall Street
Price Targets

MGIC Price Targets Summary
Magic Software Enterprises Ltd

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

According to Wall Street analysts, the average 1-year price target for MGIC is 18.36 USD with a low forecast of 18.18 USD and a high forecast of 18.9 USD.

Lowest
Price Target
18.18 USD
8% Downside
Average
Price Target
18.36 USD
7% Downside
Highest
Price Target
18.9 USD
5% Downside
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6NCA
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Revenue
Forecast

Revenue Estimate
Magic Software Enterprises Ltd

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

13%
Past Growth
8%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Magic Software Enterprises Ltd

For the last 13 years the compound annual growth rate for Magic Software Enterprises Ltd's operating income is 12%. The projected CAGR for the next 3 years is 16%.

12%
Past Growth
16%
Estimated Growth
Estimates Accuracy
-20%
Average Miss

Net Income
Forecast

Net Income Estimate
Magic Software Enterprises Ltd

For the last 13 years the compound annual growth rate for Magic Software Enterprises Ltd's net income is 7%. The projected CAGR for the next 3 years is 19%.

7%
Past Growth
19%
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
18.36 USD

According to Wall Street analysts, the average 1-year price target for MGIC is 18.36 USD with a low forecast of 18.18 USD and a high forecast of 18.9 USD.

What is Magic Software Enterprises Ltd's Revenue forecast?
Projected CAGR
8%

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

What is Magic Software Enterprises Ltd's Operating Income forecast?
Projected CAGR
16%

For the last 13 years the compound annual growth rate for Magic Software Enterprises Ltd's operating income is 12%. The projected CAGR for the next 3 years is 16%.

What is Magic Software Enterprises Ltd's Net Income forecast?
Projected CAGR
19%

For the last 13 years the compound annual growth rate for Magic Software Enterprises Ltd's net income is 7%. The projected CAGR for the next 3 years is 19%.

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