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Magic ( (MGIC) ) has shared an update.
Magic Software Enterprises announced on July 29, 2025, that it will release its financial results for the second quarter and first half of 2025 on August 13, 2025. The announcement is significant for stakeholders as it provides insights into the company’s financial health and operational performance, potentially impacting its market positioning and investor relations.
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 is supported by strong financial performance and positive earnings call insights, highlighting revenue growth and AI service expansion. However, technical analysis indicates overbought conditions, and the high P/E ratio suggests potential overvaluation, which moderates the overall score.
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, specializing in end-to-end integration and low-code application development platforms. With a history spanning 40 years, the company has millions of installations worldwide and collaborates with numerous business partners across 50 countries to enhance business performance.
Average Trading Volume: 66,213
Technical Sentiment Signal: Buy
Current Market Cap: $1.03B
For detailed information about MGIC stock, go to TipRanks’ Stock Analysis page.