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Magnite Stock Predictions

Magnite Stock Forecast

  • Over the next 52 weeks, Magnite has on average historically risen by 75.2% based on the past 10 years of stock performance.
  • Magnite has risen higher in 5 of those 10 years over the subsequent 52-week period, corresponding to a historical accuracy of 50%
  • Is Magnite Stock Undervalued?
    The current Magnite [MGNI] share price is $9.15. The Score for MGNI is 43, which is 14% 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 Stock Go Up Next Year?

  • Over the next 52 weeks, Magnite has on average historically risen by 75.2% based on the past 10 years of stock performance.

Magnite Stock Rating

Sell
43
Magnite (MGNI) is a Sell

Is Magnite overpriced?

  • Magnite has risen higher in 5 of those 10 years over the subsequent 52-week period, corresponding to a historical accuracy of 50%

Magnite 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 slight buying pressure.

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:
21.29
52-Week Low:
8.22

Prediction Charts

Market Cap:
1.4B
Price in USD:
9.15
Volume:
3.8M
Beta:
2.25

Technical Analysis

SMA50:
15.37
SMA100:
15.84
SMA200:
14.54
52-Wk Change:
-6.54%

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 9.15 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
Mar-19 12.76 13.37 13.57 12.76
Mar-20 13.18 13.41 13.54 13.11
Mar-21 13.18 13.30 13.62 12.93
Mar-24 13.58 13.28 13.68 13.18
Mar-25 13.39 13.53 13.71 13.23
Mar-26 13.49 12.74 13.59 12.60
Mar-27 12.71 12.30 12.99 12.27
Mar-28 12.25 11.60 12.25 11.45
Mar-31 11.20 11.41 11.48 10.86
Apr-1 11.23 11.40 11.48 11.15
Apr-2 11.15 11.51 11.73 11.14
Apr-3 10.65 9.70 10.82 9.65
Apr-4 9.03 9.08 9.43 8.54
Apr-7 8.60 9.15 9.64 8.22

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 $0.05 per share, a decrease next quarter of $0.12 per share, an increase this year of $0.15 per share, and an increase next year of $0.20 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.