Magic Software Enterprises Ltd.

Our comprehensive AI-powered analysis of Magic Software Enterprises Ltd. (MGIC) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B+, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.

The current technical analysis reveals key indicators including an RSI of 62.67, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $12.66.

Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 27.99 and a market capitalization of 1B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.