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Magnite Stock Predictions

Magnite Stock Forecast

  • Over the next 52 weeks, Magnite has on average historically risen by 44.5% 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 $24.05. The Score for MGNI is 76, which is 52% 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 44.5% based on the past 11 years of stock performance.

Magnite Stock Rating

Buy
76
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:
25.27
52-Week Low:
8.22

Prediction Charts

Market Cap:
3.4B
Price in USD:
24.05
Volume:
2.4M
Beta:
2.35

Technical Analysis

SMA50:
18.49
SMA100:
15.58
SMA200:
15.54
52-Wk Change:
51.83%

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 24.05 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
Jun-26 20.75 20.97 20.99 20.13
Jun-27 20.99 21.10 21.16 20.66
Jun-30 22.00 24.12 24.46 21.91
Jul-1 23.85 24.12 24.25 23.26
Jul-2 24.03 24.67 24.80 23.39
Jul-3 24.90 24.53 25.27 24.46
Jul-7 24.40 24.29 24.78 24.06
Jul-8 24.46 23.53 24.46 23.25
Jul-9 23.96 23.69 24.37 23.53
Jul-10 23.62 23.45 23.76 23.18
Jul-11 23.04 22.57 23.41 22.43
Jul-14 22.49 23.11 23.11 22.49
Jul-15 23.26 23.55 24.06 23.01
Jul-16 23.77 24.05 24.17 23.22

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 $0.03 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.