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Magic ( (MGIC) ) just unveiled an update.
Magic Software Enterprises Ltd. reported record-breaking financial results for the third quarter and nine months ending September 30, 2025, with revenues reaching $161.7 million for the quarter, a 13.1% increase from the previous year. The company’s operating income also saw significant growth, with a 13.6% increase to $17.1 million, highlighting strong performance in both Israeli and North American markets.
The most recent analyst rating on (MGIC) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Magic stock, see the MGIC Stock Forecast page.
Spark’s Take on MGIC Stock
According to Spark, TipRanks’ AI Analyst, MGIC is a Outperform.
Magic Software Enterprises is performing well, with strong earnings call results and positive technical indicators being the most significant factors. The company’s financial performance is solid, though there are concerns about cash flow declines. Valuation is relatively high, but the dividend yield provides some compensation. Overall, the stock is positioned for growth, supported by strong market momentum and positive earnings guidance.
To see Spark’s full report on MGIC stock, click here.
More about Magic
Magic Software Enterprises Ltd. is a global provider of IT consulting services and end-to-end integration and application development platform solutions.
Average Trading Volume: 35,667
Technical Sentiment Signal: Buy
Current Market Cap: $1.18B
See more insights into MGIC stock on TipRanks’ Stock Analysis page.