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The latest update is out from Magic ( (MGIC) ).
On June 10, 2025, Magic Software Enterprises Ltd. held its annual general meeting where shareholders approved all eight proposals, including the re-election of board members and the appointment of Ziv Haft Certified Public Accountants as the independent accounting firm. These approvals signify stability in the company’s governance and operational strategies, potentially strengthening its position in the software industry and providing assurance to stakeholders.
The most recent analyst rating on (MGIC) stock is a Buy with a $15.00 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’s overall stock score reflects strong technical performance and solid financial results, supported by consistent revenue growth and effective cost management. The earnings call emphasized positive forward guidance, despite some operational challenges. The valuation remains reasonable, while the dividend yield offers additional investor appeal.
To see Spark’s full report on MGIC stock, click here.
More about Magic
Magic Software Enterprises Ltd. operates in the software industry, focusing on providing advanced software solutions and services. The company is known for its integration platforms and application development services, catering to various market segments globally.
Average Trading Volume: 75,712
Technical Sentiment Signal: Buy
Current Market Cap: $802.8M
For an in-depth examination of MGIC stock, go to TipRanks’ Stock Analysis page.