Market Cap 998.18M
Revenue (ttm) 552.52M
Net Income (ttm) 36.88M
EPS (ttm) N/A
PE Ratio 20.49
Forward PE 19.87
Profit Margin 6.67%
Debt to Equity Ratio 0.19
Volume 52,700
Avg Vol 61,044
Day's Range N/A - N/A
Shares Out 49.10M
Stochastic %K 97%
Beta 1.04
Analysts Sell
Price Target $16.00

Company Profile

Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services in Israel and internationally. It operates in two segments, Software Services and IT Professional Services. The Software Services segment develops, markets, sells, and supports proprietary and non-proprietary application platforms, software applications, business and process i...

Industry: Information Technology Services
Sector: Technology
Phone: 972 3 538 9243
Address:
Terminal Center, Yahadut Canada 1 Street, Or Yehuda, Israel
Doozio
Doozio Jun. 30 at 5:18 PM
Bahhhht wen $IWM n $IWC ? Then it shall become fookin $MGIC n no moar hard pennies! 🐒🍌🧠⏰♾️
0 · Reply
Stechmann73
Stechmann73 Jun. 16 at 4:10 PM
$MGIC https://www.zacks.com/stock/news/2471322/cisco-systems-csco-surpasses-q3-earnings-and-revenue-estimates?cid=CS-STOCKTWITS-HL-tale_of_the_tape|yseop_template_4-2471322&adid=SYND_STOCKTWITS_HEADLINE_TALEOFTHETAPE_513_2471322
0 · Reply
GlobalMarketBulletin
GlobalMarketBulletin May. 30 at 10:59 AM
$MGIC With strong financials & AI capabilities, MGIC is an undervalued opportunity for investors focused on enterprise tech and digital innovation. https://globalmarketbulletin.com/magic-software-mgic-can-be-the-most-underrated-tech-stock-in-2025/
0 · Reply
DonCorleone77
DonCorleone77 May. 21 at 11:10 AM
$MGIC Magic Software reports Q1 EPS 25c vs 23c last year Reports Q1 revenue $147.3M vs $130.7M last year. Guy Bernstein, Chief Executive Officer of Magic Software, said: "We commenced 2025 with strong momentum, successfully advancing our strategic growth initiatives and executing agreements with both new and existing customers. Our financial performance reflects continued expansion in the Israeli market, alongside early indications of recovery in the United States. Demand for our innovative digital, artificial intelligence and cloud transformation solutions remains robust, along with continued strong demand for our services in the defense sector, underscoring the effectiveness of our strategic direction and the dedication of our team in delivering measurable results. Given the strength of our current sales pipeline and improving market conditions in the U.S., we remain confident in our ability to generate sustainable long-term value for both our customers and shareholders."
0 · Reply
Doozio
Doozio Apr. 27 at 4:39 PM
$MGIC an orange swan event created 🐑⏰♾️ bahhhhhht NOW PEGA da greed INTA 🐒🍌🧠⏰♾️
0 · Reply
TalkMarkets
TalkMarkets Apr. 2 at 7:42 AM
Current Report: Magic Software $MGIC https://talkmarkets.com/content/stocks--equities/current-report-magic-software?post=489595
0 · Reply
Doozio
Doozio Mar. 17 at 6:46 PM
$MGIC da 🐑 got slaughtered until a macro Jabroni got INTA 🐒🍌🧠⏰♾️
0 · Reply
JarvisFlow
JarvisFlow Mar. 13 at 2:15 PM
Barclays updates rating for Magic Software ( $MGIC ) to Overweight, target set at 15 → 16.
0 · Reply
JarvisFlow
JarvisFlow Mar. 12 at 2:44 PM
William Blair has updated their rating for Magic Software ( $MGIC ) to Market Perform.
0 · Reply
DonCorleone77
DonCorleone77 Mar. 12 at 10:56 AM
$MGIC Magic Software intends to merge with Matrix, go private Magic Software on Monday announced that it signed an memorandum of understanding with respect to a proposed merger with Matrix I.T Ltd. Magic and Matrix agreed to negotiate a definitive agreement regarding a merger, under which Matrix will acquire the entire share capital of Magic on a fully diluted basis, by way of a reverse triangular merger, upon completion of which Magic will become a private company wholly owned by Matrix. The consideration to Magic's shareholders will be in the form of Matrix's ordinary shares, based on exchange ratio derived from valuations of the companies. Magic's shareholders will receive merger consideration in Matrix shares, based on the relative valuations of both companies and the derived exchange ratio. Magic's shareholders will hold 31.125% of the issued and outstanding share capital of Matrix, and the shareholders who held Matrix's shares prior to the Merger will hold 68.875%, both on a fully diluted basis.
0 · Reply
Latest News on MGIC
Magic Software Reports First Quarter 2025 Financial Results

May 21, 2025, 7:04 AM EDT - 6 weeks ago

Magic Software Reports First Quarter 2025 Financial Results


Magic Software Price In Attractive Territory

Feb 23, 2025, 7:36 PM EST - 4 months ago

Magic Software Price In Attractive Territory


Magic Software Reports First Quarter 2024 Financial Results

May 16, 2024, 8:42 AM EDT - 1 year ago

Magic Software Reports First Quarter 2024 Financial Results


Magic Software Reports Third Quarter 2023 Financial Results

Nov 14, 2023, 7:47 AM EST - 1 year ago

Magic Software Reports Third Quarter 2023 Financial Results


Magic Software: A Cheap IT Pick With A High Dividend Yield

Nov 2, 2023, 11:37 PM EDT - 1 year ago

Magic Software: A Cheap IT Pick With A High Dividend Yield


Magic Software Reports Second Quarter 2023 Financial Results

Aug 14, 2023, 6:35 AM EDT - 2 years ago

Magic Software Reports Second Quarter 2023 Financial Results


Magic Software Reports First Quarter 2023 Financial Results

May 18, 2023, 6:28 AM EDT - 2 years ago

Magic Software Reports First Quarter 2023 Financial Results


Magic Software Announces Filing of 2021 Annual Report

May 12, 2022, 2:53 PM EDT - 3 years ago

Magic Software Announces Filing of 2021 Annual Report


Magic Software Announces Filing of 2020 Annual Report

May 13, 2021, 2:27 PM EDT - 4 years ago

Magic Software Announces Filing of 2020 Annual Report


Magic Software Reports First Quarter 2021 Financial Results

May 10, 2021, 7:00 AM EDT - 4 years ago

Magic Software Reports First Quarter 2021 Financial Results


MGIC: Five Reasons To Buy It Before The May 5 Earnings Report

Apr 29, 2021, 7:53 PM EDT - 4 years ago

MGIC: Five Reasons To Buy It Before The May 5 Earnings Report


Doozio
Doozio Jun. 30 at 5:18 PM
Bahhhht wen $IWM n $IWC ? Then it shall become fookin $MGIC n no moar hard pennies! 🐒🍌🧠⏰♾️
0 · Reply
Stechmann73
Stechmann73 Jun. 16 at 4:10 PM
$MGIC https://www.zacks.com/stock/news/2471322/cisco-systems-csco-surpasses-q3-earnings-and-revenue-estimates?cid=CS-STOCKTWITS-HL-tale_of_the_tape|yseop_template_4-2471322&adid=SYND_STOCKTWITS_HEADLINE_TALEOFTHETAPE_513_2471322
0 · Reply
GlobalMarketBulletin
GlobalMarketBulletin May. 30 at 10:59 AM
$MGIC With strong financials & AI capabilities, MGIC is an undervalued opportunity for investors focused on enterprise tech and digital innovation. https://globalmarketbulletin.com/magic-software-mgic-can-be-the-most-underrated-tech-stock-in-2025/
0 · Reply
DonCorleone77
DonCorleone77 May. 21 at 11:10 AM
$MGIC Magic Software reports Q1 EPS 25c vs 23c last year Reports Q1 revenue $147.3M vs $130.7M last year. Guy Bernstein, Chief Executive Officer of Magic Software, said: "We commenced 2025 with strong momentum, successfully advancing our strategic growth initiatives and executing agreements with both new and existing customers. Our financial performance reflects continued expansion in the Israeli market, alongside early indications of recovery in the United States. Demand for our innovative digital, artificial intelligence and cloud transformation solutions remains robust, along with continued strong demand for our services in the defense sector, underscoring the effectiveness of our strategic direction and the dedication of our team in delivering measurable results. Given the strength of our current sales pipeline and improving market conditions in the U.S., we remain confident in our ability to generate sustainable long-term value for both our customers and shareholders."
0 · Reply
Doozio
Doozio Apr. 27 at 4:39 PM
$MGIC an orange swan event created 🐑⏰♾️ bahhhhhht NOW PEGA da greed INTA 🐒🍌🧠⏰♾️
0 · Reply
TalkMarkets
TalkMarkets Apr. 2 at 7:42 AM
Current Report: Magic Software $MGIC https://talkmarkets.com/content/stocks--equities/current-report-magic-software?post=489595
0 · Reply
Doozio
Doozio Mar. 17 at 6:46 PM
$MGIC da 🐑 got slaughtered until a macro Jabroni got INTA 🐒🍌🧠⏰♾️
0 · Reply
JarvisFlow
JarvisFlow Mar. 13 at 2:15 PM
Barclays updates rating for Magic Software ( $MGIC ) to Overweight, target set at 15 → 16.
0 · Reply
JarvisFlow
JarvisFlow Mar. 12 at 2:44 PM
William Blair has updated their rating for Magic Software ( $MGIC ) to Market Perform.
0 · Reply
DonCorleone77
DonCorleone77 Mar. 12 at 10:56 AM
$MGIC Magic Software intends to merge with Matrix, go private Magic Software on Monday announced that it signed an memorandum of understanding with respect to a proposed merger with Matrix I.T Ltd. Magic and Matrix agreed to negotiate a definitive agreement regarding a merger, under which Matrix will acquire the entire share capital of Magic on a fully diluted basis, by way of a reverse triangular merger, upon completion of which Magic will become a private company wholly owned by Matrix. The consideration to Magic's shareholders will be in the form of Matrix's ordinary shares, based on exchange ratio derived from valuations of the companies. Magic's shareholders will receive merger consideration in Matrix shares, based on the relative valuations of both companies and the derived exchange ratio. Magic's shareholders will hold 31.125% of the issued and outstanding share capital of Matrix, and the shareholders who held Matrix's shares prior to the Merger will hold 68.875%, both on a fully diluted basis.
0 · Reply
TickerDD_com
TickerDD_com Feb. 8 at 8:01 PM
How much is $MGIC Shorted? What is Short Interest for MGIC? As of January 15 2025 Settlement Date https://youtu.be/4odh6F-70b8
0 · Reply
gpaisa
gpaisa Feb. 6 at 4:03 AM
Are we about to experience some $MGIC?
1 · Reply
Doozio
Doozio Jan. 19 at 12:26 AM
$MGIC wen da 🐑 come CHSN INTA 🧠⏰♾️
0 · Reply
Jumpman23
Jumpman23 Nov. 27 at 8:40 PM
$MGIC sleeper play $FORTY
0 · Reply
Beetches2024
Beetches2024 Nov. 27 at 7:54 PM
$MGIC Small float breakout. $SPY $QQQ $TSLA $PLTR
0 · Reply
DonCorleone77
DonCorleone77 Nov. 18 at 12:02 PM
$MGIC Magic Software reports Q3 non-GAAP EPS 23c vs. 21c last year Reports Q3 revenue $143M vs. $129.5M last year. Guy Bernstein, Chief Executive Officer of Magic Software, said: "We are pleased to report another strong quarter of growth and resilience, with a 10.4% year-over-year increase in revenues, reaching $143 million. This performance reflects the continued success of our strategic focus on delivering value to our customers through innovative digital and cloud transformation solutions. While we are navigating a dynamic macroeconomic environment, our diversified portfolio and strong client relationships have enabled us to achieve consistent growth and improve operational efficiency. Looking ahead, we are confident in our ability to continue building on this momentum as we further invest in our business and enhance our capabilities to meet the evolving needs of our customers worldwide."
0 · Reply
epsguid
epsguid Aug. 14 at 11:06 AM
$MGIC reported earnings of $0.24, consensus was $0.22 via @eWhispers #epsbeat http://eps.sh/d/mgic
0 · Reply
Stock_Titan
Stock_Titan Aug. 14 at 10:45 AM
$MGIC Magic Software Reports Second Quarter and First Half 2024 Financial Results https://www.stocktitan.net/news/MGIC/magic-software-reports-second-quarter-and-first-half-2024-financial-yrmu31rvx3z2.html
0 · Reply
Cramerican1
Cramerican1 Aug. 6 at 10:14 PM
$MGIC @ShomedaMunny getting interesting again?
0 · Reply
Stock_Titan
Stock_Titan Jul. 22 at 1:19 PM
$MGIC Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024 https://www.stocktitan.net/news/MGIC/magic-software-to-announce-2024-second-quarter-financial-results-on-rtkes6a0ma22.html
0 · Reply
StockInvest_us
StockInvest_us May. 29 at 4:33 AM
Signal alert: $MGIC - Possible Runner https://stockinvest.us/l/9X8BHt3clm
0 · Reply
ShomedaMunny
ShomedaMunny May. 21 at 7:18 PM
$MGIC sold my position at 12.16 a few days ago (from 11.79). Earnings meh
1 · Reply