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Magnite Stock Predictions

Magnite Stock Forecast

  • Over the next 52 weeks, Magnite has on average historically risen by 25.2% based on the past 10 years of stock performance.
  • Magnite has risen higher in 6 of those 10 years over the subsequent 52-week period, corresponding to a historical accuracy of 60%
  • Is Magnite Stock Undervalued?
    The current Magnite [MGNI] share price is $17.13. The Score for MGNI is 73, which is 46% 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 25.2% based on the past 10 years of stock performance.

Magnite Stock Rating

Buy
73
Magnite (MGNI) is a Buy

Is Magnite overpriced?

  • Magnite has risen higher in 6 of those 10 years over the subsequent 52-week period, corresponding to a historical accuracy of 60%

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:
17.19
52-Week Low:
7.97

Prediction Charts

Market Cap:
2.41B
Price in USD:
17.13
Volume:
2.46M
Beta:
2.17

Technical Analysis

SMA50:
13.43
SMA100:
13.56
SMA200:
12.22
52-Wk Change:
112.27%

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 17.13 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
Nov-5 12.10 12.50 12.55 12.08
Nov-6 12.87 13.18 13.26 12.59
Nov-7 13.12 13.49 13.68 13.02
Nov-8 13.51 13.61 14.01 12.42
Nov-11 13.90 15.82 16.03 13.90
Nov-12 15.53 16.30 16.31 15.47
Nov-13 16.50 16.81 17.00 16.31
Nov-14 16.75 16.66 16.88 16.08
Nov-15 16.58 15.85 16.58 15.75
Nov-18 15.77 15.64 15.85 15.42
Nov-19 15.36 16.26 16.31 15.36
Nov-20 16.27 16.03 16.65 15.97
Nov-21 16.08 16.55 16.75 15.70
Nov-22 16.52 17.13 17.19 16.37

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 $0.00 per share, an increase this year of $0.23 per share, and an increase next year of $0.15 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.