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Magnite Stock Predictions

Magnite Stock Forecast

  • Over the next 52 weeks, Magnite has on average historically risen by 30.9% based on the past 11 years of stock performance.
  • Magnite 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 Stock Undervalued?
    The current Magnite [MGNI] share price is $17.60. 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 30.9% based on the past 11 years of stock performance.

Magnite Stock Rating

Buy
80
Magnite (MGNI) is a Buy

Is Magnite overpriced?

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

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:
magnite.com

52-Week Data

52-Week High:
21.29
52-Week Low:
8.22

Prediction Charts

Market Cap:
2.5B
Price in USD:
17.60
Volume:
1.9M
Beta:
2.29

Technical Analysis

SMA50:
13.22
SMA100:
14.69
SMA200:
14.54
52-Wk Change:
29.6%

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 17.60 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
May-19 14.99 15.32 15.42 14.95
May-20 16.99 16.04 17.10 15.91
May-21 15.85 15.51 16.13 15.31
May-22 15.54 15.60 15.84 15.37
May-23 15.03 15.36 15.61 15.02
May-27 15.68 16.10 16.26 15.58
May-28 16.11 16.48 16.49 15.99
May-29 16.56 16.23 16.60 15.96
May-30 16.20 16.36 16.45 15.95
Jun-2 16.30 16.68 16.74 16.05
Jun-3 16.79 16.60 16.84 16.39
Jun-4 16.60 16.68 16.81 16.58
Jun-5 16.91 17.46 17.70 16.81
Jun-6 17.70 17.60 17.75 17.30

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 $0.03 per share, an increase next quarter of $0.02 per share, an increase this year of $0.11 per share, and an increase next year of $0.18 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.