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Magic Software Enterprises (MGIC) Competitors

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$13.30 +0.06 (+0.45%)
Closing price 04/17/2025 04:00 PM Eastern
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$13.33 +0.03 (+0.23%)
As of 04/17/2025 06:11 PM Eastern
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MGIC vs. ALKT, PONY, WB, DV, APPN, MQ, CXM, EVCM, MTTR, and VNET

Should you be buying Magic Software Enterprises stock or one of its competitors? The main competitors of Magic Software Enterprises include Alkami Technology (ALKT), Pony AI (PONY), Weibo (WB), DoubleVerify (DV), Appian (APPN), Marqeta (MQ), Sprinklr (CXM), EverCommerce (EVCM), Matterport (MTTR), and VNET Group (VNET). These companies are all part of the "computer software" industry.

Magic Software Enterprises vs.

Alkami Technology (NASDAQ:ALKT) and Magic Software Enterprises (NASDAQ:MGIC) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, dividends, analyst recommendations, media sentiment, profitability, risk, institutional ownership, community ranking and valuation.

55.0% of Alkami Technology shares are owned by institutional investors. Comparatively, 24.7% of Magic Software Enterprises shares are owned by institutional investors. 38.0% of Alkami Technology shares are owned by company insiders. Comparatively, 4.5% of Magic Software Enterprises shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Alkami Technology had 12 more articles in the media than Magic Software Enterprises. MarketBeat recorded 13 mentions for Alkami Technology and 1 mentions for Magic Software Enterprises. Alkami Technology's average media sentiment score of 0.76 beat Magic Software Enterprises' score of 0.50 indicating that Alkami Technology is being referred to more favorably in the media.

Company Overall Sentiment
Alkami Technology Positive
Magic Software Enterprises Positive

Alkami Technology currently has a consensus target price of $40.38, suggesting a potential upside of 63.13%. Magic Software Enterprises has a consensus target price of $16.00, suggesting a potential upside of 20.30%. Given Alkami Technology's stronger consensus rating and higher probable upside, research analysts clearly believe Alkami Technology is more favorable than Magic Software Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alkami Technology
0 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.75
Magic Software Enterprises
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

Magic Software Enterprises has a net margin of 6.49% compared to Alkami Technology's net margin of -14.55%. Magic Software Enterprises' return on equity of 15.42% beat Alkami Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
Alkami Technology-14.55% -11.31% -9.15%
Magic Software Enterprises 6.49%15.42%8.66%

Alkami Technology has a beta of 0.56, indicating that its stock price is 44% less volatile than the S&P 500. Comparatively, Magic Software Enterprises has a beta of 1.01, indicating that its stock price is 1% more volatile than the S&P 500.

Magic Software Enterprises has higher revenue and earnings than Alkami Technology. Alkami Technology is trading at a lower price-to-earnings ratio than Magic Software Enterprises, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Alkami Technology$333.85M7.64-$62.91M-$0.42-58.93
Magic Software Enterprises$552.52M1.18$37.03M$0.7517.73

Magic Software Enterprises received 251 more outperform votes than Alkami Technology when rated by MarketBeat users. However, 62.07% of users gave Alkami Technology an outperform vote while only 61.37% of users gave Magic Software Enterprises an outperform vote.

CompanyUnderperformOutperform
Alkami TechnologyOutperform Votes
54
62.07%
Underperform Votes
33
37.93%
Magic Software EnterprisesOutperform Votes
305
61.37%
Underperform Votes
192
38.63%

Summary

Alkami Technology and Magic Software Enterprises tied by winning 9 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MGIC vs. The Competition

MetricMagic Software EnterprisesPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$653.02M$21.86B$21.41B$7.35B
Dividend Yield3.60%2.02%3.01%4.31%
P/E Ratio19.00104.5739.3717.77
Price / Sales1.1816.642,295.4497.65
Price / Cash9.1186.0634.6334.64
Price / Book2.247.785.643.98
Net Income$37.03M$438.39M$735.90M$247.44M
7 Day Performance1.37%1.01%1.19%1.82%
1 Month Performance-4.32%-7.19%-6.41%-6.98%
1 Year Performance16.16%6.95%52,780.76%1.49%

Magic Software Enterprises Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MGIC
Magic Software Enterprises
2.926 of 5 stars
$13.30
+0.5%
$16.00
+20.3%
+14.5%$653.02M$552.52M19.003,680
ALKT
Alkami Technology
2.7943 of 5 stars
$22.84
-2.8%
$41.00
+79.5%
+3.8%$2.35B$333.85M-48.60850Short Interest ↑
News Coverage
High Trading Volume
PONY
Pony AI
N/A$6.54
+2.0%
$19.20
+193.6%
N/A$2.28B$75.03M0.001,359
WB
Weibo
3.7645 of 5 stars
$8.33
-3.1%
$9.75
+17.0%
-2.1%$2.02B$1.75B5.716,150Gap Up
High Trading Volume
DV
DoubleVerify
3.9934 of 5 stars
$11.92
-4.2%
$22.00
+84.5%
-58.5%$1.98B$656.85M32.22800Analyst Forecast
APPN
Appian
3.3951 of 5 stars
$25.90
-1.9%
$37.80
+45.9%
-25.0%$1.95B$617.02M-20.562,310Analyst Forecast
Insider Trade
Short Interest ↑
Analyst Revision
News Coverage
MQ
Marqeta
2.5883 of 5 stars
$3.79
+2.2%
$5.29
+39.6%
-29.0%$1.91B$507.00M189.50960Positive News
CXM
Sprinklr
3.7141 of 5 stars
$7.19
-0.1%
$10.38
+44.3%
-37.5%$1.84B$796.39M44.943,240Analyst Forecast
Analyst Revision
News Coverage
EVCM
EverCommerce
2.4321 of 5 stars
$9.51
-0.7%
$11.09
+16.6%
+14.5%$1.74B$698.77M-33.962,200Short Interest ↑
MTTR
Matterport
N/A$5.38
flat
$5.50
+2.2%
N/A$1.74B$169.70M-6.48590
VNET
VNET Group
3.5872 of 5 stars
$6.44
+0.8%
$9.30
+44.4%
+241.5%$1.66B$8.26B-2.903,038Positive News
Gap Down
High Trading Volume

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This page (NASDAQ:MGIC) was last updated on 4/18/2025 by MarketBeat.com Staff
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