Join

Compare · MGIC vs SNOW

MGIC vs SNOW

Side-by-side comparison of Magic Software Enterprises Ltd. (MGIC) and Snowflake Inc. (SNOW): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both MGIC and SNOW operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • SNOW is the larger of the two at $92.91B, about 101.2x MGIC ($918.2M).
  • Over the past year, MGIC is down 18.7% and SNOW is up 22.1% - SNOW leads by 40.8 points.
  • SNOW has hit the wire 25 times in the past 4 weeks while MGIC has been quiet.
  • SNOW has more recent analyst coverage (25 ratings vs 1 for MGIC).
PerformanceMGIC-18.74%SNOW+19.07%
2025-07-25+0.00%2026-02-23
MetricMGICSNOW
Company
Magic Software Enterprises Ltd.
Snowflake Inc.
Price
$17.41-10.63%
$268.12+1.15%
Market cap
$918.2M
$92.91B
1M return
-32.43%
+18.66%
1Y return
-18.74%
+22.06%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NASDAQ
NYSE
IPO
1991
2020
News (4w)
0
25
Recent ratings
1
25
MGIC

Magic Software Enterprises Ltd.

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; Magic xpc, a hybrid integration platform as a service; Magic SmartUX, a mobile development application platform; and FactoryEye for virtualization of production data. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast management. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors; and public institutions and international agencies. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

SNOW

Snowflake Inc.

Snowflake Inc. provides cloud-based data platform in the United States and internationally. The company's platform offers Data Cloud, an ecosystem that enables customers to consolidate data into a single source of truth to drive meaningful business insights, build data-driven applications, and share data. Its platform is used by various organizations of various sizes in a range of industries. The company was formerly known as Snowflake Computing, Inc. and changed its name to Snowflake Inc. in April 2019. Snowflake Inc. was incorporated in 2012 and is headquartered in San Mateo, California.

Latest MGIC

Latest SNOW