Magic Software Enterprises (MGIC) Competitors

$17.38 0.00 (0.00%)

As of 05/12/2026

MGIC vs. CLBT, QTWO, KD, WK, and VRNS

Should you buy Magic Software Enterprises stock or one of its competitors? MarketBeat compares Magic Software Enterprises with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Magic Software Enterprises include Cellebrite DI (CLBT), Q2 (QTWO), Kyndryl (KD), Workiva (WK), and Varonis Systems (VRNS). These companies are all part of the "computer software" industry.

How does Magic Software Enterprises compare to Cellebrite DI?

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

In the previous week, Cellebrite DI had 7 more articles in the media than Magic Software Enterprises. MarketBeat recorded 7 mentions for Cellebrite DI and 0 mentions for Magic Software Enterprises. Cellebrite DI's average media sentiment score of 0.47 beat Magic Software Enterprises' score of 0.00 indicating that Cellebrite DI is being referred to more favorably in the media.

Company	Overall Sentiment
Cellebrite DI	Neutral
Magic Software Enterprises	Neutral

Cellebrite DI has a beta of 1.15, suggesting that its share price is 15% more volatile than the broader market. Comparatively, Magic Software Enterprises has a beta of 0.73, suggesting that its share price is 27% less volatile than the broader market.

45.9% of Cellebrite DI shares are held by institutional investors. Comparatively, 24.7% of Magic Software Enterprises shares are held by institutional investors. 5.7% of Cellebrite DI shares are held by company insiders. Comparatively, 4.5% of Magic Software Enterprises shares are held 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.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cellebrite DI	$475.67M	6.35	$78.33M	$0.31	39.03
Magic Software Enterprises	$603.22M	1.41	$36.88M	$0.81	21.46

Cellebrite DI presently has a consensus target price of $22.50, indicating a potential upside of 85.95%. Magic Software Enterprises has a consensus target price of $18.00, indicating a potential upside of 3.57%. Given Cellebrite DI's stronger consensus rating and higher probable upside, analysts clearly believe Cellebrite DI is more favorable than Magic Software Enterprises.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cellebrite DI	1 Sell rating(s)	0 Hold rating(s)	4 Buy rating(s)	0 Strong Buy rating(s)	2.60
Magic Software Enterprises	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33

Cellebrite DI has a net margin of 16.47% compared to Magic Software Enterprises' net margin of 6.61%. Cellebrite DI's return on equity of 20.43% beat Magic Software Enterprises' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Cellebrite DI	16.47%	20.43%	10.64%
Magic Software Enterprises	6.61%	16.28%	8.96%

Summary

Cellebrite DI beats Magic Software Enterprises on 14 of the 16 factors compared between the two stocks.

How does Magic Software Enterprises compare to Q2?

Magic Software Enterprises (NASDAQ:MGIC) and Q2 (NYSE:QTWO) are both computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

24.7% of Magic Software Enterprises shares are held by institutional investors. 4.5% of Magic Software Enterprises shares are held by company insiders. Comparatively, 0.9% of Q2 shares are held 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.

Magic Software Enterprises currently has a consensus target price of $18.00, indicating a potential upside of 3.57%. Q2 has a consensus target price of $75.27, indicating a potential upside of 68.12%. Given Q2's stronger consensus rating and higher probable upside, analysts plainly believe Q2 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)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33
Q2	0 Sell rating(s)	3 Hold rating(s)	7 Buy rating(s)	0 Strong Buy rating(s)	2.70

Q2 has a net margin of 8.99% compared to Magic Software Enterprises' net margin of 6.61%. Magic Software Enterprises' return on equity of 16.28% beat Q2's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Magic Software Enterprises	6.61%	16.28%	8.96%
Q2	8.99%	14.68%	6.83%

Q2 has higher revenue and earnings than Magic Software Enterprises. Magic Software Enterprises is trading at a lower price-to-earnings ratio than Q2, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Magic Software Enterprises	$603.22M	1.41	$36.88M	$0.81	21.46
Q2	$821.58M	3.41	$52.01M	$1.12	39.98

Magic Software Enterprises has a beta of 0.73, meaning that its share price is 27% less volatile than the broader market. Comparatively, Q2 has a beta of 1.39, meaning that its share price is 39% more volatile than the broader market.

In the previous week, Q2 had 4 more articles in the media than Magic Software Enterprises. MarketBeat recorded 4 mentions for Q2 and 0 mentions for Magic Software Enterprises. Q2's average media sentiment score of 0.72 beat Magic Software Enterprises' score of 0.00 indicating that Q2 is being referred to more favorably in the news media.

Company	Overall Sentiment
Magic Software Enterprises	Neutral
Q2	Positive

Summary

Q2 beats Magic Software Enterprises on 12 of the 16 factors compared between the two stocks.

How does Magic Software Enterprises compare to Kyndryl?

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

Kyndryl currently has a consensus target price of $22.57, suggesting a potential upside of 104.19%. Magic Software Enterprises has a consensus target price of $18.00, suggesting a potential upside of 3.57%. Given Kyndryl's higher possible upside, equities research analysts clearly believe Kyndryl is more favorable than Magic Software Enterprises.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Kyndryl	3 Sell rating(s)	5 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	1.78
Magic Software Enterprises	0 Sell rating(s)	2 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33

71.5% of Kyndryl shares are held by institutional investors. Comparatively, 24.7% of Magic Software Enterprises shares are held by institutional investors. 1.9% of Kyndryl shares are held by insiders. Comparatively, 4.5% of Magic Software Enterprises shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Kyndryl has a beta of 1.72, meaning that its stock price is 72% more volatile than the broader market. Comparatively, Magic Software Enterprises has a beta of 0.73, meaning that its stock price is 27% less volatile than the broader market.

In the previous week, Kyndryl had 6 more articles in the media than Magic Software Enterprises. MarketBeat recorded 6 mentions for Kyndryl and 0 mentions for Magic Software Enterprises. Kyndryl's average media sentiment score of 0.11 beat Magic Software Enterprises' score of 0.00 indicating that Kyndryl is being referred to more favorably in the media.

Company	Overall Sentiment
Kyndryl	Neutral
Magic Software Enterprises	Neutral

Magic Software Enterprises has a net margin of 6.61% compared to Kyndryl's net margin of 1.31%. Kyndryl's return on equity of 20.29% beat Magic Software Enterprises' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Kyndryl	1.31%	20.29%	2.38%
Magic Software Enterprises	6.61%	16.28%	8.96%

Kyndryl has higher revenue and earnings than Magic Software Enterprises. Kyndryl 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Kyndryl	$15.09B	0.17	$199M	$0.85	13.00
Magic Software Enterprises	$603.22M	1.41	$36.88M	$0.81	21.46

Summary

Kyndryl beats Magic Software Enterprises on 9 of the 15 factors compared between the two stocks.

How does Magic Software Enterprises compare to Workiva?

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

Magic Software Enterprises currently has a consensus price target of $18.00, suggesting a potential upside of 3.57%. Workiva has a consensus price target of $90.33, suggesting a potential upside of 103.49%. Given Workiva's stronger consensus rating and higher possible upside, analysts plainly believe Workiva 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)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33
Workiva	1 Sell rating(s)	0 Hold rating(s)	10 Buy rating(s)	0 Strong Buy rating(s)	2.82

In the previous week, Workiva had 2 more articles in the media than Magic Software Enterprises. MarketBeat recorded 2 mentions for Workiva and 0 mentions for Magic Software Enterprises. Workiva's average media sentiment score of 0.13 beat Magic Software Enterprises' score of 0.00 indicating that Workiva is being referred to more favorably in the news media.

Company	Overall Sentiment
Magic Software Enterprises	Neutral
Workiva	Neutral

24.7% of Magic Software Enterprises shares are held by institutional investors. Comparatively, 92.2% of Workiva shares are held by institutional investors. 4.5% of Magic Software Enterprises shares are held by insiders. Comparatively, 4.8% of Workiva shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Magic Software Enterprises has a beta of 0.73, suggesting that its share price is 27% less volatile than the broader market. Comparatively, Workiva has a beta of 0.54, suggesting that its share price is 46% less volatile than the broader market.

Magic Software Enterprises has a net margin of 6.61% compared to Workiva's net margin of 1.53%. Magic Software Enterprises' return on equity of 16.28% beat Workiva's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Magic Software Enterprises	6.61%	16.28%	8.96%
Workiva	1.53%	-68.43%	1.47%

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Magic Software Enterprises	$603.22M	1.41	$36.88M	$0.81	21.46
Workiva	$884.57M	2.85	-$26.17M	$0.23	193.01

Summary

Workiva beats Magic Software Enterprises on 10 of the 16 factors compared between the two stocks.

How does Magic Software Enterprises compare to Varonis Systems?

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

Magic Software Enterprises has higher earnings, but lower revenue than Varonis Systems. Varonis Systems 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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Magic Software Enterprises	$603.22M	1.41	$36.88M	$0.81	21.46
Varonis Systems	$660.24M	4.70	-$129.32M	-$1.14	N/A

Magic Software Enterprises has a net margin of 6.61% compared to Varonis Systems' net margin of -19.75%. Magic Software Enterprises' return on equity of 16.28% beat Varonis Systems' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Magic Software Enterprises	6.61%	16.28%	8.96%
Varonis Systems	-19.75%	-20.27%	-6.04%

Magic Software Enterprises has a beta of 0.73, meaning that its stock price is 27% less volatile than the broader market. Comparatively, Varonis Systems has a beta of 0.8, meaning that its stock price is 20% less volatile than the broader market.

Magic Software Enterprises presently has a consensus target price of $18.00, indicating a potential upside of 3.57%. Varonis Systems has a consensus target price of $41.35, indicating a potential upside of 53.09%. Given Varonis Systems' stronger consensus rating and higher probable upside, analysts plainly believe Varonis Systems 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)	1 Buy rating(s)	0 Strong Buy rating(s)	2.33
Varonis Systems	1 Sell rating(s)	6 Hold rating(s)	15 Buy rating(s)	1 Strong Buy rating(s)	2.70

24.7% of Magic Software Enterprises shares are owned by institutional investors. Comparatively, 95.7% of Varonis Systems shares are owned by institutional investors. 4.5% of Magic Software Enterprises shares are owned by company insiders. Comparatively, 3.0% of Varonis Systems shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, Varonis Systems had 6 more articles in the media than Magic Software Enterprises. MarketBeat recorded 6 mentions for Varonis Systems and 0 mentions for Magic Software Enterprises. Varonis Systems' average media sentiment score of 0.89 beat Magic Software Enterprises' score of 0.00 indicating that Varonis Systems is being referred to more favorably in the news media.

Company	Overall Sentiment
Magic Software Enterprises	Neutral
Varonis Systems	Positive

Summary

Varonis Systems 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.

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.

MGIC vs. The Competition

Export

Metric	Magic Software Enterprises	COMP Industry	Computer Sector	NASDAQ Exchange
Market Cap	$853.36M	$142.57B	$38.87B	$12.28B
Dividend Yield	3.48%	1.96%	3.20%	5.30%
P/E Ratio	21.46	20.03	164.47	25.58
Price / Sales	1.41	4.96	627.73	78.22
Price / Cash	12.85	17.21	47.82	55.34
Price / Book	2.84	25.97	9.47	6.66
Net Income	$36.88M	$5.11B	$1.03B	$333.63M
7 Day Performance	N/A	-5.98%	-0.01%	-0.12%
1 Month Performance	N/A	1.51%	9.16%	3.93%
1 Year Performance	11.77%	-21.00%	163.88%	36.07%

Magic Software Enterprises Competitors List

Export

Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count
MGIC Magic Software Enterprises	N/A	$17.38 flat	$18.00 +3.6%	N/A	$853.36M	$603.22M	21.46	3,787
CLBT Cellebrite DI	4.1926 of 5 stars	$13.66 +0.2%	$22.50 +64.7%	-39.9%	$3.41B	$475.67M	44.05	1,285
QTWO Q2	4.5411 of 5 stars	$52.62 -1.7%	$77.75 +47.8%	-51.8%	$3.29B	$821.58M	46.98	2,549
KD Kyndryl	3.7348 of 5 stars	$14.53 +1.0%	$22.79 +56.9%	-73.2%	$3.28B	$15.06B	13.85	73,000
WK Workiva	3.2117 of 5 stars	$56.49 -0.2%	$95.00 +68.2%	-38.3%	$3.21B	$884.57M	N/A	2,860

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This page (NASDAQ:MGIC) was last updated on 5/14/2026 by MarketBeat.com Staff.

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Magic Software Enterprises (MGIC) Competitors

MGIC vs. CLBT, QTWO, KD, WK, and VRNS

How does Magic Software Enterprises compare to Cellebrite DI?

Summary

How does Magic Software Enterprises compare to Q2?

Summary

How does Magic Software Enterprises compare to Kyndryl?

Summary

How does Magic Software Enterprises compare to Workiva?

Summary

How does Magic Software Enterprises compare to Varonis Systems?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

MGIC vs. The Competition

Magic Software Enterprises Competitors List

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Stock Ideas and Recommendations

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Magic Software Enterprises (MGIC) Competitors

MGIC vs. CLBT, QTWO, KD, WK, and VRNS

How does Magic Software Enterprises compare to Cellebrite DI?

Does the media prefer CLBT or MGIC?

Which has more risk & volatility, CLBT or MGIC?

Do insiders & institutionals hold more shares of CLBT or MGIC?

Which has stronger earnings and valuation, CLBT or MGIC?

Do analysts recommend CLBT or MGIC?

Is CLBT or MGIC more profitable?

Summary

How does Magic Software Enterprises compare to Q2?

Do insiders and institutionals have more ownership in MGIC or QTWO?

Do analysts recommend MGIC or QTWO?

Is MGIC or QTWO more profitable?

Which has better earnings & valuation, MGIC or QTWO?

Which has more volatility and risk, MGIC or QTWO?

Does the media favor MGIC or QTWO?

Summary

How does Magic Software Enterprises compare to Kyndryl?

Do analysts prefer KD or MGIC?

Do institutionals & insiders hold more shares of KD or MGIC?

Which has more volatility and risk, KD or MGIC?

Does the media favor KD or MGIC?

Is KD or MGIC more profitable?

Which has higher valuation & earnings, KD or MGIC?

Summary

How does Magic Software Enterprises compare to Workiva?

Do analysts rate MGIC or WK?

Does the media refer more to MGIC or WK?

Do insiders and institutionals believe in MGIC or WK?

Which has more volatility & risk, MGIC or WK?

Is MGIC or WK more profitable?

Which has preferable valuation & earnings, MGIC or WK?

Summary

How does Magic Software Enterprises compare to Varonis Systems?

Which has stronger earnings and valuation, MGIC or VRNS?

Is MGIC or VRNS more profitable?

Which has more risk & volatility, MGIC or VRNS?

Do analysts prefer MGIC or VRNS?

Do institutionals & insiders have more ownership in MGIC or VRNS?

Does the media favor MGIC or VRNS?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

MGIC vs. The Competition

Magic Software Enterprises Competitors List

Related Companies and Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools