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Magnite Stock Predictions

Magnite Stock Forecast

  • Over the next 52 weeks, Magnite has on average historically risen by 34.7% 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 $16.42. The Score for MGNI is 62, which is 24% 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 34.7% based on the past 10 years of stock performance.

Magnite Stock Rating

Buy
62
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 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:
investor.magnite.com

52-Week Data

52-Week High:
18.38
52-Week Low:
8.38

Prediction Charts

Market Cap:
2.3B
Price in USD:
16.42
Volume:
489.8K
Beta:
2.22

Technical Analysis

SMA50:
15.04
SMA100:
14.04
SMA200:
12.88
52-Wk Change:
71.76%

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 16.42 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
Dec-5 17.96 17.47 18.00 17.39
Dec-6 17.61 18.00 18.07 17.51
Dec-9 18.00 16.77 18.00 16.67
Dec-10 16.93 16.81 17.41 16.63
Dec-11 16.94 16.90 17.11 16.63
Dec-12 16.81 16.44 17.09 16.37
Dec-13 16.31 16.47 16.64 16.07
Dec-16 16.49 16.31 16.73 16.29
Dec-17 16.39 16.57 16.84 15.93
Dec-18 16.59 15.87 16.91 15.66
Dec-19 16.00 15.72 16.34 15.65
Dec-20 15.49 16.34 16.39 15.26
Dec-23 16.36 16.17 16.62 15.92
Dec-24 16.47 16.42 16.48 16.23

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 $0.23 per share, and an increase next year of $0.17 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.