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The latest announcement is out from Magic ( (MGIC) ).
On May 12, 2025, Magic Software Enterprises announced that it will release its financial results for the first quarter of 2025 on May 21, 2025. The announcement includes a scheduled conference call for stakeholders to discuss the results, indicating the company’s commitment to transparency and stakeholder engagement.
Spark’s Take on MGIC Stock
According to Spark, TipRanks’ AI Analyst, MGIC is a Outperform.
Magic’s stock is supported by strong financial performance and a strategic merger that enhances growth prospects. Technical indicators show positive trends, though caution is advised due to overbought signals. Valuation is fair, with an attractive dividend yield. The earnings call underscores strategic growth initiatives, despite some regional growth challenges.
To see Spark’s full report on MGIC stock, click here.
More about Magic
Magic Software Enterprises Ltd. is a global provider specializing in IT consulting services, end-to-end integration, and low-code application development platforms. With 40 years of experience, the company collaborates with customers and partners across 50 countries to enhance business performance through seamless technology adoption.
Average Trading Volume: 72,120
Technical Sentiment Signal: Buy
Current Market Cap: $702.6M
For detailed information about MGIC stock, go to TipRanks’ Stock Analysis page.