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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 24.9% based on the past 11 years of stock performance.
  • Magnite, Inc. has risen higher in 6 of those 11 years over the subsequent 52-week period, corresponding to a historical accuracy of 54.55%
  • Is Magnite, Inc. Stock Undervalued?
    The current Magnite, Inc. [MGNI] share price is $16.40. The Score for MGNI is 75, which is 50% above its historic median score of 50, and infers lower risk than normal.
  • MGNI is currently trading in the 70-80% 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 24.9% based on the past 11 years of stock performance.

Magnite, Inc. Stock Rating

Buy
75
Magnite, Inc. (MGNI) is a Buy

Is Magnite, Inc. overpriced?

  • Magnite, Inc. has risen higher in 6 of those 11 years over the subsequent 52-week period, corresponding to a historical accuracy of 54.55%

Magnite, Inc. Stock Price History

Is MGNI stock going to rise?

  • The current trend is relatively stagnant and MGNI is experiencing selling pressure, which indicates risk of future bearish 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:
2.4B
Price in USD:
16.40
Volume:
2.4M
Beta:
2.32

Technical Analysis

SMA50:
16.21
SMA100:
19.63
SMA200:
17.94
52-Wk Change:
4.33%

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 16.40 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-2 14.78 14.40 14.78 14.32
Dec-3 14.44 14.38 14.56 14.18
Dec-4 14.43 14.38 14.49 14.10
Dec-5 14.34 14.65 15.01 14.24
Dec-8 14.87 14.91 15.11 14.68
Dec-9 14.78 15.51 15.68 14.78
Dec-10 15.40 15.78 15.94 14.90
Dec-11 15.69 16.01 16.09 15.40
Dec-12 15.99 16.30 16.73 15.97
Dec-15 16.27 15.84 16.46 15.77
Dec-16 15.79 16.54 16.68 15.78
Dec-17 16.72 16.70 17.21 16.54
Dec-18 16.96 16.58 17.15 16.51
Dec-19 16.78 16.40 16.83 16.30

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 $0.12 per share, and an increase next year of $0.17 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.