Magic Software Enterprises/$MGIC

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About Magic Software Enterprises

Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. The company generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel, Europe, Japan, and Other countries.

Ticker

$MGIC
Primary listing

Industry

Software

Headquarters

Or Yehuda, Israel

Employees

3,787

ISIN

IL0010823123

MGIC Metrics

BasicAdvanced
$1.1B
28.51
$0.76
0.99
$0.77
3.02%

What the Analysts think about MGIC

Analyst ratings (Buy, Hold, Sell) for Magic Software Enterprises stock.

Bulls say / Bears say

Magic Software Enterprises reported a 12.7% increase in revenues for Q1 2025, reaching $147.3 million, indicating strong growth momentum. (marketchameleon.com)
The company has a healthy balance sheet with cash and short-term investments totaling $125.9 million, providing financial stability for future investments. (simplywall.st)
Magic Software declared a semi-annual cash dividend of 23.6 cents per share for the first half of 2024, reflecting confidence in its financial health and commitment to shareholder returns. (stocktitan.net)
In Q3 2023, Magic Software experienced an unexpected decline in demand from key U.S.-based clients, leading to revenue falling below prior guidance. (globenewswire.com)
The company's net income for the first nine months of 2024 decreased by 8% to $26.3 million, attributed to increased interest expenses and currency fluctuations. (stocktitan.net)
Magic Software's debt-to-equity ratio stands at 26.4%, which, while manageable, indicates a reliance on debt that could pose risks if not carefully managed. (simplywall.st)
Data summarised monthly by Lightyear AI. Last updated on 10 Jul 2025.

MGIC Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

MGIC Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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