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Magnite Stock Predictions

Magnite Stock Forecast

  • Over the next 52 weeks, Magnite has on average historically risen by 59.6% based on the past 10 years of stock performance.
  • Magnite has risen higher in 4 of those 10 years over the subsequent 52-week period, corresponding to a historical accuracy of 40%
  • Is Magnite Stock Undervalued?
    The current Magnite [MGNI] share price is $20.62. The Score for MGNI is 80, which is 60% 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 Stock Go Up Next Year?

  • Over the next 52 weeks, Magnite has on average historically risen by 59.6% based on the past 10 years of stock performance.

Magnite Stock Rating

Buy
80
Magnite (MGNI) is a Buy

Is Magnite overpriced?

  • Magnite has risen higher in 4 of those 10 years over the subsequent 52-week period, corresponding to a historical accuracy of 40%

Magnite Stock Price History

Is MGNI stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and MGNI is experiencing slight buying pressure.

Stock Information

Stock Info

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

52-Week Data

52-Week High:
21.29
52-Week Low:
8.38

Prediction Charts

Market Cap:
2.9B
Price in USD:
20.62
Volume:
3.9M
Beta:
2.22

Technical Analysis

SMA50:
16.87
SMA100:
15.17
SMA200:
13.91
52-Wk Change:
116.82%

Stock Predictions

  • Is Magnite stock public?
    Yes, Magnite is a publicly traded company.
  • What is the Magnite stock quote today?
    The Magnite stock price is 20.62 USD today.
  • How to buy Magnite stock online?
    You can buy Magnite 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
Jan-22 16.31 16.42 17.20 15.95
Jan-23 16.66 17.36 17.37 16.45
Jan-24 17.38 17.04 17.42 16.91
Jan-27 16.19 16.79 16.85 16.00
Jan-28 16.85 17.65 17.75 16.58
Jan-29 17.39 17.56 17.69 17.17
Jan-30 17.58 17.48 17.84 17.30
Jan-31 17.56 17.20 17.83 17.12
Feb-3 16.64 17.24 17.50 16.25
Feb-4 17.17 17.71 17.73 16.99
Feb-5 17.71 17.97 17.97 17.36
Feb-6 18.35 19.14 19.16 18.15
Feb-7 19.45 21.17 21.29 19.00
Feb-10 20.89 20.62 20.98 19.92

Magnite Earnings

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

Magnite Forecast Revenue Growth

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

  • Analysts estimate an earnings increase this quarter of $0.06 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 $0.23 per share.

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