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13.06
2.68%
-0.36
Pre-market:
11.42
-1.64
-12.56%
Magic Software Enterprises Ltd Stock (MGIC) Forecast
The Magic Software Enterprises Ltd (MGIC) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $11.05, representing a -15.41% decrease from the current price of $13.06. The highest analyst price target is $11.85, and the lowest is $10.24.
Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MGIC Price Target
Average 15.75
(+20.58% Upside)
Is Magic Software Enterprises Ltd (MGIC) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 48.55 | Neutral |
| STOCH(9,6) | 39.46 | Neutral |
| STOCHRSI(14) | 7.051 | Buy |
| MACD(12,26) | 0.0824 | Sell |
| ADX(14) | 15.18 | Neutral |
| William %R | -73.29 | Neutral |
| CCI(14) | -41.57 | Neutral |
Buy: 1
Sell: 1
Neutral: 5
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
13.22
Sell
|
13.23
Sell
|
| MA20 |
13.37
Sell
|
13.21
Sell
|
| MA50 |
12.98
Buy
|
12.94
Buy
|
| MA100 |
12.42
Buy
|
12.52
Buy
|
| MA200 |
11.66
Buy
|
11.98
Buy
|
Buy: 6
Sell: 4
Neutral: 0
Summary: Buy
According to our latest analysis, MGIC could be considered a Potential Buy, with 17 technical analysis indicators signaling 7 Buy signals, 5 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on MGIC, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 48.55 indicates that MGIC is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 39.46 indicates that MGIC is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 7.051 indicates that MGIC is oversold. This suggests that MGIC price is at or near the lowest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 15.18 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -41.57 indicates that MGIC is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.
Long-term MGIC price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Magic Software Enterprises Ltd financial reports and earnings history, Magic Software Enterprises Ltd (MGIC) stock could reach $14.39 by 2030, $23.41 by 2040 and $34.74 by 2050. See the projected annual prices until 2050 of the Magic Software Enterprises Ltd stock below:
- Magic Software Enterprises Ltd (MGIC) is expected to reach an average price of $15.12 in 2035, with a high prediction of $17.27 and a low estimate of $14.78. This indicates an $15.75% rise from the last recorded price of $13.06.
- Magic Software Enterprises Ltd (MGIC) stock is projected to chart a bullish course in 2040, with an average price target of $23.10, representing an $76.89% surge from its current level. The forecast ranges from a conservative $22.11 to a sky-high $23.41.
- Our analysts predict Magic Software Enterprises Ltd (MGIC) to jump 112.56% by 2045, soaring from $27.64 to an average price of $27.76, potentially reaching $29.62. While $27.64 is the low estimate, the potential upside is significant.
- Magic Software Enterprises Ltd (MGIC) stock is expected to climb by 2050, reaching an average of $33.89, a $159.48% jump from its current level. However, a wide range of estimates exists, with high and low targets of $34.74 and $32.36, respectively, highlighting the market's uncertainty.
Magic Software Enterprises Ltd Stock (MGIC) Year by Year Forecast
Magic Software Enterprises Ltd Stock (MGIC) Price Forecast for 2025
Magic Software Enterprises Ltd Stock (MGIC) is expected to reach an average price of $14.39 in 2025, with a high prediction of $19.69 and a low estimate of $9.0968. This indicates an +10.22% rise from the last recorded price of $13.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| May, 2025 | $11.52 | $10.24 | $11.85 | -11.77% |
| June, 2025 | $11.98 | $11.47 | $12.68 | -8.25% |
| July, 2025 | $14.60 | $12.25 | $15.10 | +11.80% |
| August, 2025 | $13.67 | $13.53 | $14.81 | +4.64% |
| September, 2025 | $15.77 | $13.75 | $16.06 | +20.72% |
| October, 2025 | $16.77 | $15.49 | $19.69 | +28.40% |
| November, 2025 | $15.97 | $14.86 | $17.00 | +22.28% |
| December, 2025 | $15.43 | $15.22 | $17.55 | +18.17% |
Magic Software Enterprises Ltd Stock (MGIC) Price Forecast for 2026
The predicted value for Magic Software Enterprises Ltd (MGIC) in 2026 is set at an average of $19.71. Estimates vary from a peak of $24.00 to a trough of $15.42, indicating an +50.92% surge from the present price of $13.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $19.44 | $15.42 | $19.44 | +48.87% |
| February, 2026 | $17.72 | $17.13 | $19.70 | +35.71% |
| March, 2026 | $19.56 | $17.26 | $20.37 | +49.80% |
| April, 2026 | $20.48 | $18.76 | $21.25 | +56.79% |
| May, 2026 | $19.49 | $17.81 | $20.39 | +49.21% |
| June, 2026 | $18.97 | $18.08 | $19.94 | +45.23% |
| July, 2026 | $19.04 | $18.39 | $20.22 | +45.79% |
| August, 2026 | $18.54 | $18.41 | $19.69 | +41.96% |
| September, 2026 | $20.06 | $17.81 | $20.06 | +53.63% |
| October, 2026 | $20.33 | $19.47 | $20.98 | +55.70% |
| November, 2026 | $23.53 | $20.17 | $23.92 | +80.20% |
| December, 2026 | $22.82 | $22.51 | $24.00 | +74.71% |
Magic Software Enterprises Ltd Stock (MGIC) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Magic Software Enterprises Ltd (MGIC) is $23.33, with a high forecast of $28.50 and a low forecast of $18.16. This indicates an +78.64% increase from the last price of $13.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $24.06 | $21.54 | $25.04 | +84.21% |
| February, 2027 | $27.56 | $23.83 | $28.50 | +111.01% |
| March, 2027 | $23.93 | $23.22 | $27.54 | +83.24% |
| April, 2027 | $22.68 | $22.47 | $24.70 | +73.67% |
| May, 2027 | $22.07 | $20.61 | $22.70 | +69.00% |
| June, 2027 | $21.33 | $20.12 | $22.92 | +63.36% |
| July, 2027 | $20.29 | $20.13 | $21.81 | +55.40% |
| August, 2027 | $19.63 | $19.18 | $21.31 | +50.27% |
| September, 2027 | $20.48 | $18.16 | $20.89 | +56.80% |
| October, 2027 | $19.85 | $19.19 | $21.34 | +51.98% |
| November, 2027 | $21.90 | $19.94 | $21.99 | +67.68% |
| December, 2027 | $21.79 | $21.23 | $23.36 | +66.86% |
Magic Software Enterprises Ltd Stock (MGIC) Price Forecast for 2028
In 2028, Magic Software Enterprises Ltd (MGIC) is projected to reach an average price of $18.36, with a high projection of $22.26 and a low estimate of $14.45. This indicates an +40.56% rise from the last price of $13.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $19.79 | $19.63 | $22.26 | +51.55% |
| February, 2028 | $18.70 | $18.49 | $20.25 | +43.20% |
| March, 2028 | $18.84 | $17.16 | $19.21 | +44.22% |
| April, 2028 | $19.71 | $17.32 | $20.27 | +50.88% |
| May, 2028 | $19.22 | $18.95 | $20.84 | +47.16% |
| June, 2028 | $18.88 | $18.02 | $19.65 | +44.56% |
| July, 2028 | $19.73 | $18.86 | $20.70 | +51.07% |
| August, 2028 | $17.41 | $16.61 | $20.16 | +33.33% |
| September, 2028 | $16.62 | $15.95 | $17.61 | +27.28% |
| October, 2028 | $16.84 | $15.66 | $16.98 | +28.97% |
| November, 2028 | $14.63 | $14.45 | $18.06 | +11.99% |
| December, 2028 | $16.56 | $14.76 | $17.40 | +26.77% |
Magic Software Enterprises Ltd Stock (MGIC) Price Forecast for 2029
The 2029 price forecast for Magic Software Enterprises Ltd Stock (MGIC) is $14.17 on average, with a high prediction of $16.88 and a low estimate of $11.46. This represents an +8.51% increase from the previous price of $13.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $15.82 | $15.09 | $16.88 | +21.13% |
| February, 2029 | $15.28 | $15.10 | $16.47 | +17.00% |
| March, 2029 | $14.49 | $14.47 | $15.47 | +10.95% |
| April, 2029 | $14.30 | $13.50 | $14.71 | +9.50% |
| May, 2029 | $11.96 | $11.46 | $14.96 | -8.40% |
| June, 2029 | $12.63 | $11.59 | $12.96 | -3.26% |
| July, 2029 | $13.02 | $12.33 | $13.85 | -0.28% |
| August, 2029 | $13.34 | $12.72 | $14.20 | +2.12% |
| September, 2029 | $14.01 | $13.29 | $14.69 | +7.25% |
| October, 2029 | $15.41 | $13.79 | $15.92 | +18.00% |
| November, 2029 | $14.93 | $14.70 | $15.65 | +14.32% |
| December, 2029 | $14.35 | $14.05 | $15.32 | +9.88% |
Magic Software Enterprises Ltd Stock (MGIC) Price Forecast for 2030
Magic Software Enterprises Ltd Stock (MGIC) is expected to reach an average price of $14.44 in 2030, with a high forecast of $17.02 and a low forecast of $11.85. This signifies an +10.53% surge from the last price of $13.06.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $13.69 | $13.28 | $14.39 | +4.79% |
| February, 2030 | $14.10 | $13.60 | $14.56 | +7.94% |
| March, 2030 | $14.05 | $13.94 | $14.53 | +7.61% |
| April, 2030 | $14.82 | $13.85 | $15.21 | +13.50% |
| May, 2030 | $14.64 | $14.19 | $14.98 | +12.13% |
| June, 2030 | $14.55 | $14.26 | $14.70 | +11.39% |
| July, 2030 | $15.66 | $14.13 | $15.74 | +19.91% |
| August, 2030 | $15.42 | $15.13 | $15.92 | +18.08% |
| September, 2030 | $15.89 | $14.96 | $15.93 | +21.71% |
| October, 2030 | $16.98 | $15.82 | $17.02 | +30.00% |
| November, 2030 | $12.91 | $12.51 | $17.02 | -1.12% |
| December, 2030 | $13.46 | $11.85 | $14.01 | +3.06% |
1.72%
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