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Magnite Stock Predictions

Magnite Stock Forecast

  • Over the next 52 weeks, Magnite has on average historically risen by 63% 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 $11.40. The Score for MGNI is 40, which is 20% below its historic median score of 50, and infers higher risk than normal.
  • MGNI is currently trading in the 30-40% 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 63% based on the past 10 years of stock performance.

Magnite Stock Rating

Sell
40
Magnite (MGNI) is a Sell

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 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:
21.29
52-Week Low:
8.38

Prediction Charts

Market Cap:
1.6B
Price in USD:
11.40
Volume:
2.2M
Beta:
2.25

Technical Analysis

SMA50:
15.83
SMA100:
15.95
SMA200:
14.62
52-Wk Change:
7.75%

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 11.40 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-13 12.89 12.08 13.12 12.05
Mar-14 12.44 12.60 12.89 12.18
Mar-17 12.56 13.17 13.50 12.45
Mar-18 13.06 12.70 13.07 12.57
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

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.