MGIC vs. NCNO, ALKT, ALRM, IAC, DOCN, MQ, MGNI, WRD, DV, and WB
Should you be buying Magic Software Enterprises stock or one of its competitors? The main competitors of Magic Software Enterprises include nCino (NCNO), Alkami Technology (ALKT), Alarm.com (ALRM), IAC (IAC), DigitalOcean (DOCN), Marqeta (MQ), Magnite (MGNI), WeRide (WRD), DoubleVerify (DV), and Weibo (WB). These companies are all part of the "computer software" industry.
Magic Software Enterprises vs. Its Competitors
nCino (NASDAQ:NCNO) and Magic Software Enterprises (NASDAQ:MGIC) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, earnings, profitability, community ranking, institutional ownership, media sentiment, analyst recommendations, valuation and risk.
Magic Software Enterprises received 208 more outperform votes than nCino when rated by MarketBeat users. Likewise, 61.45% of users gave Magic Software Enterprises an outperform vote while only 52.41% of users gave nCino an outperform vote.
In the previous week, nCino and nCino both had 4 articles in the media. Magic Software Enterprises' average media sentiment score of 0.99 beat nCino's score of 0.69 indicating that Magic Software Enterprises is being referred to more favorably in the news media.
nCino has a beta of 0.76, meaning that its share price is 24% less volatile than the S&P 500. Comparatively, Magic Software Enterprises has a beta of 1, meaning that its share price has a similar volatility profile to the S&P 500.
94.8% of nCino shares are owned by institutional investors. Comparatively, 24.7% of Magic Software Enterprises shares are owned by institutional investors. 5.7% of nCino shares are owned by insiders. Comparatively, 4.5% of Magic Software Enterprises shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
nCino currently has a consensus price target of $31.00, indicating a potential upside of 13.55%. Magic Software Enterprises has a consensus price target of $16.00, indicating a potential downside of 0.44%. Given nCino's higher probable upside, research analysts clearly believe nCino is more favorable than Magic Software Enterprises.
Magic Software Enterprises has a net margin of 6.49% compared to nCino's net margin of -3.46%. Magic Software Enterprises' return on equity of 15.42% beat nCino's return on equity.
Magic Software Enterprises has higher revenue and earnings than nCino. nCino 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.
Summary
Magic Software Enterprises beats nCino on 12 of the 17 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 MGIC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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.
Magic Software Enterprises Competitors List
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This page (NASDAQ:MGIC) was last updated on 6/12/2025 by MarketBeat.com Staff
