Magic Software Analyst Ratings and Price Targets | NASDAQ:MGIC

Consensus Rating¹

Overweight

Highest Price Target¹

$18.00

Lowest Price Target¹

$18.00

Consensus Price Target¹

$18.00

Magic Software Analyst Ratings and Price Targets | NASDAQ:MGIC | Benzinga

Magic Software Enterprises Ltd has a consensus price target of $18 based on the ratings of 2 analysts. The high is $18 issued by Barclays on August 13, 2025. The low is $18 issued by Barclays on August 13, 2025. The 3 most-recent analyst ratings were released by Barclays on August 13, 2025, March 13, 2025, and November 19, 2024, respectively. With an average price target of $16.33 between Barclays, there's an implied -14.49% downside for Magic Software Enterprises Ltd from these most-recent analyst ratings.

Analyst Rating and Forecast

4.5

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Analyst Firms Making Recommendations¹

Barclays

¹calculated from analyst ratings

Analyst Ratings for Magic Software

	Buy Now						Get Alert
08/13/2025	Buy Now	-5.76%	Barclays	$16 → $18	Maintains	Overweight	Get Alert
03/13/2025	Buy Now	-16.23%	Barclays	$15 → $16	Maintains	Overweight	Get Alert
03/12/2025	Buy Now	—	William Blair	—	Downgrade	Outperform → Market Perform	Get Alert
11/19/2024	Buy Now	-21.47%	Barclays	$14 → $15	Maintains	Overweight	Get Alert
03/14/2024	Buy Now	-26.7%	Barclays	$13 → $14	Maintains	Overweight	Get Alert
08/15/2023	Buy Now	-5.76%	Barclays	$23 → $18	Maintains	Overweight	Get Alert

FAQ

What is the target price for Magic Software (MGIC) stock?

The latest price target for Magic Software (NASDAQ:MGIC) was reported by Barclays on August 13, 2025. The analyst firm set a price target for $18.00 expecting MGIC to fall to within 12 months (a possible -5.76% downside). 3 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Magic Software (MGIC)?

The latest analyst rating for Magic Software (NASDAQ:MGIC) was provided by Barclays, and Magic Software maintained their overweight rating.

When was the last upgrade for Magic Software (MGIC)?

There is no last upgrade for Magic Software

When was the last downgrade for Magic Software (MGIC)?

The last downgrade for Magic Software Enterprises Ltd happened on March 12, 2025 when William Blair changed their price target from N/A to N/A for Magic Software Enterprises Ltd.

When is the next analyst rating going to be posted or updated for Magic Software (MGIC)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Magic Software, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Magic Software was filed on August 13, 2025 so you should expect the next rating to be made available sometime around August 13, 2026.

Is the Analyst Rating Magic Software (MGIC) correct?

While ratings are subjective and will change, the latest Magic Software (MGIC) rating was a maintained with a price target of $16.00 to $18.00. The current price Magic Software (MGIC) is trading at is $19.10, which is out of the analyst’s predicted range.