MGIC stock forecast for 2023 – 2027
Last updated: May 11, 2024
Are you interested in Magic Software Enterprises Ltd. stocks prediction? If yes, then on this page you will find useful information about the dynamics of the MGIC stock price in 2022-2027. Is MGIC a good long term stock? When should I take profit in Magic Software Enterprises stock? Buy or sell stock? Will MGIC stock price go up? What are analysts’ forecasts for MGIC stock?
Forecst.com predicts future values using technical analysis of a large number of analytical parameters. MGIC stock returns are also predicted based on historical data.
According to our research, MGIC stock is a very good long-term investment. MGIC share price has been in a positive cycle for the past year. Magic Software Enterprises Ltd. stock trend is positive.
Magic Software Enterprises company info
| Industry | Information Technology Services |
| Address | Terminal Center, Or Yehuda, 60375 01, Israel |
| Website | https://www.magicsoftware.com |
Forecasting
52 Week High: 25.8762 USD
52 Week Low: 18.7 USD
1 Year Forecast: 25.31 USD
5 Year Forecast: 50.5232 USD
Agilent Technologies info
Market Cap: 940.73M
52 Week Change: 2.771%
52 Week High: 25.49 USD
52 Week Low: 14.55 USD
Beta: 0
50 Day Moving Average: 20.15
90 Day Moving Average: 21.307
200 Day Moving Average: 20.38
Resistance Level: 19.6545
Pivot Point: 18.8961
Support Level: 18.473
Enterprise Value: 0
Forward P/E: 0
Forward EPS: 0
Profit Margin: 0
Shares Outstanding: 0
EBITDA: 0
Held Percent Institutions: 0
PEG Ratio (5Y): 0
Trailing EPS: 0
Magic Software Enterprises stock forecasts for 2023-2027
| Date | Open Price | Close Price | Change |
Magic Software Enterprises Stock Forecast for 2023 | |||
| January 2023 | 24.75 | 25 | 1.01% |
| February 2023 | 25 | 24.75 | -1% |
| March 2023 | 25.5 | 24.75 | -2.94% |
| April 2023 | 24.75 | 26 | 5.05% |
| May 2023 | 25.74 | 26.26 | 2.02% |
| June 2023 | 25.48 | 25.74 | 1.02% |
| July 2023 | 26.73 | 27.54 | 3.03% |
| August 2023 | 27.27 | 30 | 10.01% |
| September 2023 | 30.3 | 29.29 | -3.33% |
| October 2023 | 28.42 | 29.4 | 3.45% |
| November 2023 | 30.3 | 31.31 | 3.33% |
| December 2023 | 31.62 | 31.31 | -0.98% |
Magic Software Enterprises Stock Forecast for 2024 | |||
| January 2024 | 31 | 31.31 | 1% |
| February 2024 | 31.62 | 31.31 | -0.98% |
| March 2024 | 31 | 30.38 | -2% |
| April 2024 | 31 | 32.32 | 4.26% |
| May 2024 | 32 | 32.32 | 1% |
| June 2024 | 32.64 | 33 | 1.1% |
| July 2024 | 32.67 | 34.68 | 6.15% |
| August 2024 | 33.66 | 35.64 | 5.88% |
| September 2024 | 36.36 | 34.65 | -4.7% |
| October 2024 | 35 | 36.36 | 3.89% |
| November 2024 | 36.72 | 37 | 0.76% |
| December 2024 | 37.74 | 37 | -1.96% |
Magic Software Enterprises Stock Forecast for 2025 | |||
| January 2025 | 36.63 | 37.37 | 2.02% |
| February 2025 | 36.63 | 38.76 | 5.81% |
| March 2025 | 37.74 | 36.26 | -3.92% |
| April 2025 | 37.37 | 38.38 | 2.7% |
| May 2025 | 37.62 | 39.78 | 5.74% |
| June 2025 | 39.39 | 39.39 | 0% |
| July 2025 | 39 | 39.2 | 0.51% |
| August 2025 | 40 | 42.84 | 7.1% |
| September 2025 | 41.58 | 41 | -1.39% |
| October 2025 | 40.18 | 42.84 | 6.62% |
| November 2025 | 42 | 43.56 | 3.71% |
| December 2025 | 43.12 | 42.14 | -2.27% |
Magic Software Enterprises Stock Forecast for 2026 | |||
| January 2026 | 43.86 | 43.86 | 0% |
| February 2026 | 44.44 | 43.12 | -2.97% |
| March 2026 | 44.88 | 42.14 | -6.11% |
| April 2026 | 43 | 43.56 | 1.3% |
| May 2026 | 43.12 | 44.1 | 2.27% |
| June 2026 | 44.1 | 44.55 | 1.02% |
| July 2026 | 44.1 | 45.08 | 2.22% |
| August 2026 | 46 | 47.52 | 3.3% |
| September 2026 | 48.48 | 48 | -0.99% |
| October 2026 | 48 | 47.52 | -1% |
| November 2026 | 48 | 50.5 | 5.21% |
| December 2026 | 50.5 | 51 | 0.99% |
Magic Software Enterprises Stock Forecast for 2027 | |||
| January 2027 | 50 | 49.5 | -1% |