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Magic Software Enterprises (MGIC) Competitors

Magic Software Enterprises logo
$17.38 0.00 (0.00%)
As of 08/21/2026
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MGIC vs. FRSH, AGYS, SOUN, INTA, and CLSK

Should you buy Magic Software Enterprises stock or one of its competitors? Magic Software Enterprises's main competitors and comparable companies include Freshworks (FRSH), Agilysys (AGYS), SoundHound AI (SOUN), Intapp (INTA), and Cleanspark (CLSK). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "application software" industry.

How does Magic Software Enterprises compare to Freshworks?

Freshworks (NASDAQ:FRSH) and Magic Software Enterprises (NASDAQ:MGIC) are both technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, valuation, analyst recommendations, media sentiment, dividends, earnings and risk.

In the previous week, Freshworks and Freshworks both had 1 articles in the media. Magic Software Enterprises' average media sentiment score of 1.75 beat Freshworks' score of 1.67 indicating that Magic Software Enterprises is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Freshworks
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Magic Software Enterprises
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Freshworks has a net margin of 20.49% compared to Magic Software Enterprises' net margin of 6.61%. Magic Software Enterprises' return on equity of 16.28% beat Freshworks' return on equity.

Company Net Margins Return on Equity Return on Assets
Freshworks20.49% 5.52% 3.45%
Magic Software Enterprises 6.61%16.28%8.96%

Freshworks has a beta of 0.86, indicating that its share price is 14% less volatile than the broader market. Comparatively, Magic Software Enterprises has a beta of 0.73, indicating that its share price is 27% less volatile than the broader market.

Freshworks currently has a consensus price target of $14.17, suggesting a potential upside of 7.40%. Given Freshworks' stronger consensus rating and higher possible upside, analysts clearly believe Freshworks is more favorable than Magic Software Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Freshworks
0 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.50
Magic Software Enterprises
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

75.6% of Freshworks shares are owned by institutional investors. Comparatively, 24.7% of Magic Software Enterprises shares are owned by institutional investors. 8.5% of Freshworks 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, large money managers and endowments believe a stock is poised for long-term growth.

Freshworks has higher revenue and earnings than Magic Software Enterprises. Freshworks 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
Freshworks$838.81M4.10$183.72M$0.6420.61
Magic Software Enterprises$603.22M1.41$36.88M$0.8121.46

Summary

Freshworks beats Magic Software Enterprises on 11 of the 16 factors compared between the two stocks.

How does Magic Software Enterprises compare to Agilysys?

Agilysys (NASDAQ:AGYS) and Magic Software Enterprises (NASDAQ:MGIC) are both technology companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, valuation, media sentiment, profitability, risk, dividends, earnings and institutional ownership.

Agilysys presently has a consensus price target of $124.60, indicating a potential upside of 9.47%. Given Agilysys' stronger consensus rating and higher probable upside, equities research analysts plainly believe Agilysys is more favorable than Magic Software Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Agilysys
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63
Magic Software Enterprises
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Agilysys had 13 more articles in the media than Magic Software Enterprises. MarketBeat recorded 14 mentions for Agilysys and 1 mentions for Magic Software Enterprises. Magic Software Enterprises' average media sentiment score of 1.75 beat Agilysys' score of 1.12 indicating that Magic Software Enterprises is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Agilysys
10 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Magic Software Enterprises
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Agilysys$319.31M10.06$38.79M$1.5175.38
Magic Software Enterprises$603.22M1.41$36.88M$0.8121.46

Agilysys has a net margin of 12.99% compared to Magic Software Enterprises' net margin of 6.61%. Magic Software Enterprises' return on equity of 16.28% beat Agilysys' return on equity.

Company Net Margins Return on Equity Return on Assets
Agilysys12.99% 11.94% 8.20%
Magic Software Enterprises 6.61%16.28%8.96%

88.0% of Agilysys shares are owned by institutional investors. Comparatively, 24.7% of Magic Software Enterprises shares are owned by institutional investors. 8.7% of Agilysys 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 large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Agilysys has a beta of 0.37, suggesting that its stock price is 63% less volatile than the broader market. Comparatively, Magic Software Enterprises has a beta of 0.73, suggesting that its stock price is 27% less volatile than the broader market.

Summary

Agilysys beats Magic Software Enterprises on 11 of the 16 factors compared between the two stocks.

How does Magic Software Enterprises compare to SoundHound AI?

Magic Software Enterprises (NASDAQ:MGIC) and SoundHound AI (NASDAQ:SOUN) are both technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, analyst recommendations, earnings, dividends, risk, institutional ownership, media sentiment and valuation.

In the previous week, SoundHound AI had 18 more articles in the media than Magic Software Enterprises. MarketBeat recorded 19 mentions for SoundHound AI and 1 mentions for Magic Software Enterprises. Magic Software Enterprises' average media sentiment score of 1.75 beat SoundHound AI's score of 0.61 indicating that Magic Software Enterprises is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Magic Software Enterprises
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
SoundHound AI
7 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Magic Software Enterprises has a net margin of 6.61% compared to SoundHound AI's net margin of -67.45%. Magic Software Enterprises' return on equity of 16.28% beat SoundHound AI's return on equity.

Company Net Margins Return on Equity Return on Assets
Magic Software Enterprises6.61% 16.28% 8.96%
SoundHound AI -67.45%-30.22%-20.28%

24.7% of Magic Software Enterprises shares are held by institutional investors. Comparatively, 19.3% of SoundHound AI shares are held by institutional investors. 4.5% of Magic Software Enterprises shares are held by insiders. Comparatively, 8.8% of SoundHound AI shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Magic Software Enterprises has higher revenue and earnings than SoundHound AI. SoundHound AI 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
Magic Software Enterprises$603.22M1.41$36.88M$0.8121.46
SoundHound AI$168.92M18.40-$14.01M-$0.38N/A

Magic Software Enterprises has a beta of 0.73, indicating that its share price is 27% less volatile than the broader market. Comparatively, SoundHound AI has a beta of 2.64, indicating that its share price is 164% more volatile than the broader market.

SoundHound AI has a consensus price target of $13.60, suggesting a potential upside of 94.29%. Given SoundHound AI's stronger consensus rating and higher possible upside, analysts clearly believe SoundHound AI is more favorable than Magic Software Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magic Software Enterprises
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
SoundHound AI
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.56

Summary

Magic Software Enterprises beats SoundHound AI on 9 of the 17 factors compared between the two stocks.

How does Magic Software Enterprises compare to Intapp?

Magic Software Enterprises (NASDAQ:MGIC) and Intapp (NASDAQ:INTA) are both technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, risk, profitability, dividends, earnings, valuation, institutional ownership and media sentiment.

24.7% of Magic Software Enterprises shares are owned by institutional investors. Comparatively, 90.0% of Intapp shares are owned by institutional investors. 4.5% of Magic Software Enterprises shares are owned by company insiders. Comparatively, 11.2% of Intapp shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Magic Software Enterprises has a beta of 0.73, suggesting that its stock price is 27% less volatile than the broader market. Comparatively, Intapp has a beta of 0.42, suggesting that its stock price is 58% less volatile than the broader market.

Intapp has a consensus price target of $37.86, indicating a potential downside of 7.48%. Given Intapp's stronger consensus rating and higher probable upside, analysts clearly believe Intapp is more favorable than Magic Software Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magic Software Enterprises
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Intapp
3 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.10

In the previous week, Intapp had 7 more articles in the media than Magic Software Enterprises. MarketBeat recorded 8 mentions for Intapp and 1 mentions for Magic Software Enterprises. Magic Software Enterprises' average media sentiment score of 1.75 beat Intapp's score of 0.86 indicating that Magic Software Enterprises is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Magic Software Enterprises
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Intapp
5 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Magic Software Enterprises has a net margin of 6.61% compared to Intapp's net margin of -7.15%. Magic Software Enterprises' return on equity of 16.28% beat Intapp's return on equity.

Company Net Margins Return on Equity Return on Assets
Magic Software Enterprises6.61% 16.28% 8.96%
Intapp -7.15%-3.30%-1.64%

Magic Software Enterprises has higher revenue and earnings than Intapp. Intapp 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
Magic Software Enterprises$603.22M1.41$36.88M$0.8121.46
Intapp$577.80M5.42-$41.31M-$0.52N/A

Summary

Magic Software Enterprises beats Intapp on 9 of the 16 factors compared between the two stocks.

How does Magic Software Enterprises compare to Cleanspark?

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

Magic Software Enterprises has a beta of 0.73, suggesting that its share price is 27% less volatile than the broader market. Comparatively, Cleanspark has a beta of 3.86, suggesting that its share price is 286% more volatile than the broader market.

24.7% of Magic Software Enterprises shares are held by institutional investors. Comparatively, 43.1% of Cleanspark shares are held by institutional investors. 4.5% of Magic Software Enterprises shares are held by company insiders. Comparatively, 2.1% of Cleanspark shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Cleanspark has higher revenue and earnings than Magic Software Enterprises. Cleanspark 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
Magic Software Enterprises$603.22M1.41$36.88M$0.8121.46
Cleanspark$679.25M4.51$364.46M-$3.77N/A

In the previous week, Cleanspark had 8 more articles in the media than Magic Software Enterprises. MarketBeat recorded 9 mentions for Cleanspark and 1 mentions for Magic Software Enterprises. Magic Software Enterprises' average media sentiment score of 1.75 beat Cleanspark's score of 0.42 indicating that Magic Software Enterprises is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Magic Software Enterprises
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Cleanspark
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral

Cleanspark has a consensus target price of $23.88, suggesting a potential upside of 100.21%. Given Cleanspark's stronger consensus rating and higher probable upside, analysts clearly believe Cleanspark is more favorable than Magic Software Enterprises.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magic Software Enterprises
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Cleanspark
1 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88

Magic Software Enterprises has a net margin of 6.61% compared to Cleanspark's net margin of -146.90%. Magic Software Enterprises' return on equity of 16.28% beat Cleanspark's return on equity.

Company Net Margins Return on Equity Return on Assets
Magic Software Enterprises6.61% 16.28% 8.96%
Cleanspark -146.90%-18.63%-8.15%

Summary

Cleanspark beats Magic Software Enterprises on 10 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.
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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

Export
MetricMagic Software EnterprisesSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$853.36M$15.55B$28.82B$12.71B
Dividend Yield3.48%3.42%2.75%10.79%
P/E Ratio21.46126.6872.2124.11
Price / Sales1.411,297.17592.6877.78
Price / Cash12.8545.0549.0336.90
Price / Book2.848.507.886.40
Net Income$36.88M$434.52M$678.68M$348.28M
7 Day PerformanceN/A2.52%-1.67%0.95%
1 Month PerformanceN/A6.75%3.68%5.15%
1 Year Performance-14.76%4.95%188.02%16.18%

Magic Software Enterprises Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MGIC
Magic Software Enterprises
1.6953 of 5 stars		$17.38
flat		N/AN/A$853.36M$603.22M21.463,787
FRSH
Freshworks
3.7758 of 5 stars		$12.95
-0.5%		$14.17
+9.4%		-7.1%$3.38B$838.81M20.234,500
AGYS
Agilysys
3.0633 of 5 stars		$115.36
+1.7%		$124.60
+8.0%		+3.0%$3.25B$319.31M76.402,413
SOUN
SoundHound AI
2.6887 of 5 stars		$7.25
+4.0%		$13.60
+87.6%		-41.7%$3.22B$168.92MN/A200
INTA
Intapp
2.685 of 5 stars		$40.29
+0.3%		$37.86
-6.0%		-3.4%$3.08B$577.80MN/A1,336

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This page (NASDAQ:MGIC) was last updated on 8/24/2026 by MarketBeat.com Staff.
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