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NASDAQ: MGIC
Magic Software Enterprises Ltd Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Should I buy or sell MGIC stock?

Based on 1 analyst offering ratings for Magic Software Enterprises Ltd.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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Forecast return on equity

Is MGIC forecast to generate an efficient return?
Company
22.6%
Industry
1.93%
Market
47.24%
MGIC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MGIC forecast to generate an efficient return on assets?
Company
11.47%
Industry
1.66%
MGIC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MGIC earnings per share forecast

What is MGIC's earnings per share in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$1.05+64.06%
Avg 2 year Forecast
$1.16+81.25%
MGIC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MGIC revenue forecast

What is MGIC's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$550.4M-0.41%
Avg 2 year Forecast
$598.8M+8.35%
MGIC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGIC earnings growth forecast

How is MGIC forecast to perform vs Software - Application companies and vs the US market?
Company
64.06%
Industry
90.64%
Market
70.57%
MGIC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MGIC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MGIC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MGIC revenue growth forecast

How is MGIC forecast to perform vs Software - Application companies and vs the US market?
Company
-0.41%
Industry
4.9%
Market
5.48%
MGIC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGIC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGIC vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
MGIC$17.48N/AN/AStrong Buy
RSKD$5.15$7.86+52.56%Buy
PUBM$15.84$26.50+67.30%Buy
RIOT$4.96$23.67+377.16%Strong Buy
MTTR$3.12$8.70+178.85%Buy
View Top App Stocks

Magic Software Enterprises Stock Forecast FAQ

Is Magic Software Enterprises Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: MGIC) stock is to Strong Buy MGIC stock.

Out of 1 analyst, 1 (100%) are recommending MGIC as a Strong Buy, 0 (0%) are recommending MGIC as a Buy, 0 (0%) are recommending MGIC as a Hold, 0 (0%) are recommending MGIC as a Sell, and 0 (0%) are recommending MGIC as a Strong Sell.

If you're new to stock investing, here's how to buy Magic Software Enterprises stock.

What is MGIC's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: MGIC) Magic Software Enterprises's current Earnings Per Share (EPS) is $0.64. On average, analysts forecast that MGIC's EPS will be $1.05 for 2022, with the lowest EPS forecast at $1.05, and the highest EPS forecast at $1.05. In 2023, MGIC's EPS is forecast to hit $1.16 (min: $1.16, max: $1.16).

What is MGIC's forecast return on equity (ROE) for 2022-2023?

(NASDAQ: MGIC) forecast ROE is 22.6%, which is considered strong.

What is MGIC's earnings growth forecast for 2022-2023?

(NASDAQ: MGIC) Magic Software Enterprises's forecast annual earnings growth rate of 64.06% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 90.64%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 70.57%.

Magic Software Enterprises's earnings in 2022 is $35,647,000.On average, 1 Wall Street analyst forecast MGIC's earnings for 2022 to be $51,526,708, with the lowest MGIC earnings forecast at $51,526,708, and the highest MGIC earnings forecast at $51,526,708.

In 2023, MGIC is forecast to generate $56,924,744 in earnings, with the lowest earnings forecast at $56,924,744 and the highest earnings forecast at $56,924,744.

What is MGIC's revenue growth forecast for 2022-2023?

(NASDAQ: MGIC) Magic Software Enterprises's forecast annual revenue growth rate of -0.41% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 4.9%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 5.48%.

Magic Software Enterprises's revenue in 2022 is $552,648,000.On average, 1 Wall Street analysts forecast MGIC's revenue for 2022 to be $27,009,809,472, with the lowest MGIC revenue forecast at $27,009,809,472, and the highest MGIC revenue forecast at $27,009,809,472.

In 2023, MGIC is forecast to generate $29,384,945,334 in revenue, with the lowest revenue forecast at $29,384,945,334 and the highest revenue forecast at $29,384,945,334.

What is MGIC's forecast return on assets (ROA) for 2022-2023?

(NASDAQ: MGIC) forecast ROA is 11.47%, which is higher than the forecast US Software - Application industry average of 1.66%.
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