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Magnite, Inc. Stock Predictions

Magnite, Inc. Stock Forecast

  • Over the next 52 weeks, Magnite, Inc. has on average historically risen by 36% based on the past 11 years of stock performance.
  • Magnite, Inc. has risen higher in 4 of those 11 years over the subsequent 52-week period, corresponding to a historical accuracy of 36.36%
  • Is Magnite, Inc. Stock Undervalued?
    The current Magnite, Inc. [MGNI] share price is $15.08. The Score for MGNI is 46, which is 8% below its historic median score of 50, and infers higher risk than normal.
  • MGNI is currently trading in the 40-50% percentile range relative to its historical Stock Score levels.

Will Magnite, Inc. Stock Go Up Next Year?

  • Over the next 52 weeks, Magnite, Inc. has on average historically risen by 36% based on the past 11 years of stock performance.

Magnite, Inc. Stock Rating

Sell
46
Magnite, Inc. (MGNI) is a Sell

Is Magnite, Inc. overpriced?

  • Magnite, Inc. has risen higher in 4 of those 11 years over the subsequent 52-week period, corresponding to a historical accuracy of 36.36%

Magnite, Inc. Stock Price History

Is MGNI stock going to rise?

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and MGNI is experiencing buying pressure, which is a positive indicator for future bullish movement.

Stock Information

Stock Info

Exchange:
NASDAQ
Country:
United States
Industry:
Media
Sector:
Communication Services
Type:
stock
Website:
magnite.com

52-Week Data

52-Week High:
26.65
52-Week Low:
8.22

Prediction Charts

Market Cap:
2.2B
Price in USD:
15.08
Volume:
1.9M
Beta:
2.31

Technical Analysis

SMA50:
15.32
SMA100:
18.20
SMA200:
18.29
52-Wk Change:
-8.16%

Stock Predictions

  • Is Magnite, Inc. stock public?
    Yes, Magnite, Inc. is a publicly traded company.
  • What is the Magnite, Inc. stock quote today?
    The Magnite, Inc. stock price is 15.08 USD today.
  • How to buy Magnite, Inc. stock online?
    You can buy Magnite, Inc. shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Dec-31 16.46 16.23 16.66 16.17
Jan-5 16.19 16.77 17.15 16.19
Jan-6 16.62 16.88 17.41 16.44
Jan-7 16.88 16.80 17.04 16.36
Jan-8 16.80 16.60 16.82 16.25
Jan-9 16.81 16.17 16.81 16.00
Jan-12 16.16 16.32 16.78 15.76
Jan-13 16.32 16.09 16.73 16.03
Jan-14 16.03 15.30 16.24 15.27
Jan-15 15.43 14.90 15.95 14.86
Jan-16 14.93 14.38 15.10 14.32
Jan-20 13.89 14.80 14.81 13.80
Jan-21 14.86 14.29 14.94 13.95
Jan-22 14.68 15.08 15.15 14.38

Magnite, Inc. Earnings

Magnite, Inc. Earnings Report: Per Share Magnite, Inc. Earnings Q1 Q2 Q3 and Q4 last year and next year.

Magnite, Inc. Forecast Revenue Growth

Magnite, Inc. Stock Analysis: Historical quarterly revenues per share for Magnite, Inc. and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.08 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.17 per share, and an increase next year of $0.00 per share.

* Magnite, Inc. stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.