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Magnite Stock Predictions

Magnite Stock Forecast

  • Over the next 52 weeks, Magnite has on average historically risen by 31.7% based on the past 11 years of stock performance.
  • Magnite has risen higher in 7 of those 11 years over the subsequent 52-week period, corresponding to a historical accuracy of 63.64%
  • Is Magnite Stock Undervalued?
    The current Magnite [MGNI] share price is $18.82. The Score for MGNI is 69, which is 38% above its historic median score of 50, and infers lower risk than normal.
  • MGNI is currently trading in the 60-70% 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 31.7% based on the past 11 years of stock performance.

Magnite Stock Rating

Buy
69
Magnite (MGNI) is a Buy

Is Magnite overpriced?

  • Magnite has risen higher in 7 of those 11 years over the subsequent 52-week period, corresponding to a historical accuracy of 63.64%

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 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:
8.22

Prediction Charts

Market Cap:
2.7B
Price in USD:
18.82
Volume:
2.5M
Beta:
2.29

Technical Analysis

SMA50:
14.36
SMA100:
14.86
SMA200:
14.72
52-Wk Change:
41.19%

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 18.82 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-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
Jun-9 17.68 17.53 17.82 17.41
Jun-10 17.56 17.44 17.69 17.23
Jun-11 17.54 17.68 17.86 17.38
Jun-12 17.53 17.62 17.88 17.48
Jun-13 17.23 17.10 17.51 16.99
Jun-16 17.50 18.58 18.63 17.29
Jun-17 17.96 18.23 18.44 17.70
Jun-18 18.20 18.82 19.07 18.06

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.