Get The Best Stocks To Trade Every Day!...100% Free, Get Best Morning Financial Newsletter... 100% Free. During that period the price should oscillate between … A Backdoor Way To Profit From Today’s Crypto Bull Market. The company’s revenue for the corresponding quarters a year ago was $36.3 Million and $42.35 Million respectively. Analyzing Magnite (NASDAQ:MGNI) stock? Thursday, February 25, 2021. You have entered an incorrect email address! He is expected to be... Another solution designed to expand Internet connectivity to remote and rural areas has been unveiled by ADTRAN Inc. (ADTN). Feb. 18, 2021 at 8:48 a.m. History; Forecast; Charts; Data; Market; Q&A; Comments > Page 1: Magnite Inc (MGNI) Forecast Charts . Granahan Investment Management Inc. holds the second largest percentage of outstanding shares, with 5.81% or 6.72 Million shares worth $206.22 Million as of Dec 30, 2020. 6 analysts are of the opinion that Magnite, Inc.’s revenue for the quarter ending June 01, 2021 will be $59.3 Million. According to Emarketer, the programmatic advertising market could be worth $96.6 billion by 2022. According to the data, the short interest in Magnite, Inc. (MGNI) stood at 8.18% of shares outstanding as of March 14, 2021; the number of short shares registered in February reached 8.65 Million. Magnite (NASDAQ:MGNI) Earnings Information. 9:44 EDT MGNI Stock Quote Delayed 30 Minutes 7 Stocks To Avoid That Remain at the Mercy of Google By Chris MacDonald, InvestorPlace Contributor Mar 17, 2021 There are 247 institutions holding the Magnite, Inc. stock share, with Blackrock Inc. the top institutional holder. Analysts are projecting the company’s earnings per share (EPS) to be -$0.01, which is expected to increase to $0.17 for fiscal year 2021 and then to about $0.45 by fiscal year 2022. It’s free. The company report on March 16, 2021 that Magnite Announces Pricing of $350 Million Convertible Notes Offering.. Get the hottest stocks to trade every day before the market opens 100% free. ... Magnite's stock forecast. According to the average forecast, sales growth in current quarter could jump up +65.3%, compared to the corresponding quarter of last year. Magnite, Inc. earnings are expected to increase by 60.6% in 2021, but the outlook is … Looking at the short shares, we see there were 8.65 Million shares sold at short interest cover period of 1.45 days. Netflix (NFLX) has signed a multi-year partnership with Sony Pictures Entertainment, a Sony division, in which the Netflix will screen Sony's films, The Wall... During the last week of March, Lululemon Athletica Inc. (LULU) revealed its Q4 2020 financial results. The rating was released on April 06, 2021. Date Range. Check Out Phreesia, Inc. (NYSE:PHR), Selling your Odonate Therapeutics, Inc. (NASDAQ:ODT) stock? CFO David Day sold 20,125 shares of MGNI stock on 03/10/2021 at the average price of $46.99. Year-over-year growth is forecast to reach 29.6% up from the last financial year. The share float percentage for the stock currently stands at 80.53%. Current price change has pushed the stock +35.49% YTD, which shows the potential for further growth is there. The rating firms predict current quarter revenue for Magnite, Inc. will rise +83.3%, while the growth in revenue is estimated to hit 100% for the next quarter. Magnite, Inc. (NASDAQ:MGNI) CFO David Day sold 10,454 shares of Magnite stock in a transaction dated Thursday, March 25th. The current Magnite Inc [] share price is $39.76. Future Dividend Coverage: No need to calculate the sustainability of MGNI's dividend in 3 years as they are not forecast to pay a notable one for the US market. The stock was sold at … View MGNI's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. MGNI Stock Analysis Overview What this means: Magnite Inc (MGNI) gets an Overall Rank of 56, which is an above average rank under InvestorsObserver's stock ranking system. Click here now. However, in the 30-day time frame, Magnite, Inc. (NASDAQ:MGNI) is -0.37% down. MGNI Magnite, Inc. ... 2021. If we narrow down to specifics, the data shows that none out of 6 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. In comparison, Paypal Holdings (PYPL) has moved higher at +3.48% on the day and was up +163.76% over the past 12 months. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. ET on InvestorPlace.com Join now to get the Newsheater.com pre-market morning brief 100% free. The research report from Truist has downgraded the stock from Buy to Hold, with a price target set at $37. A new wave of Investors Flock to Corning Incorporated (GLW). Even if you’re not actively in crypto, you deserve to know what’s actually going on... ; Magnite Inc has risen higher in 2 of those 6 years over the subsequent 52 week period, corresponding to a historical accuracy of 40 % ; Is Magnite Inc Stock Undervalued? Actively observing the price movement in the last trading, the stock closed the session at $39.76, falling within a range of $38.45 and $40.32. However, it can mean marked long-term growth. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.71, while the 7-day volatility ratio is showing 6.84% which for the 30-day chart, stands at 9.41%. The price of the stock … Magnite, Inc. (NASDAQ:MGNI) Stock Forecast for 2021: Bullish Signs Point to $80... Get the hottest stocks to trade every day before the market opens 100% free. MGNI stock in pre-market on Feb 5, 2021. Data shows that the Magnite, Inc. share is performing relatively much better than most of its peers within the same industry. Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. Magnite, Inc. (NASDAQ:MGNI) Shares Look Bullish in 2021. Our system considers the available information about the company and then compares it to all the other stocks we have data on to get a percentile-ranked value. This could raise investors’ confidence to be optimistic about the MGNI stock heading into the next quarter. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 65.3%. MGNI data by YCharts. The reported $0.19 EPS for the quarter, topping the consensus estimate of $0.11 by $0.08. With 2963581 shares estimated at $91.01 Million under it, the former controlled 2.56% of total outstanding shares. Click here now. Is ADTRAN Inc. (ADTN) a great investment for smart investors? Magnite Inc Stock Forecast. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing. MGNI’s last price was a discount, traded about -73.46% off its 52-week high of $64.39. Join now to get the NewsHeater.com pre-market morning brief 100% free. Get the hottest stocks to trade every day before the market opens 100% free. The information agency "Marketing Sentinel" was established at the end of 2004. Save my name, email, and website in this browser for the next time I comment. The jump to weekly highs of $55.00 on Tuesday, Mar 02 added 32.51% to the stock’s daily price. Is Kingsoft Cloud Holdings Limited (NASDAQ:KC) a Good Pick for New Investors Now? Magnite, Inc. (MGNI) estimates and forecasts Magnite stock price target raised to $80 from $30 at Susquehanna MarketWatch. Join now to get the Newsheater.com pre-market morning brief 100% free. The stock is rated as a Hold by 2 analyst(s), 5 recommend it as a Buy and no body called the MGNI stock Outperform. Find real-time MGNI - Magnite Inc stock quotes, company profile, news and forecasts from CNN Business. MGNI showed an intraday change of -0.5% in last session, and over the past year, it grew by +654.96%. 0 equity research analysts rated the shares with a selling strategy, 1 gave a hold approach, 5 gave a purchase tip, 0 gave the firm a overweight advice and 0 put the stock under the underweight category. The Magnite, Inc. stock price fell by -1.34% on the last day (Wednesday, 7th Apr 2021) from $40.30 to $39.76. The PE ratio stands at 0 for Magnite, Inc., compared to 74.76 for Paypal Holdings, and 897.12 for Square. Click here to get the full story… along with our long list of backdoor Bitcoin strategies. Currently, ADTRAN joins relevant programs,... For Corning Inc. (GLW) to produce more COVID-19 vaccine-packaging glass, the US government has provided a $57 million grant. Assuming that Clorox’s management team is underestimating its outlook for 2021, the stock is trading at a big discount. Furthermore, Magnite, Inc. (MGNI)’s beta value is 2.42, and its average true range (ATR) is 4.26. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. According to a press release on GameStop (GME) website, Ryan Cohen, GameStop's largest shareholder, will be on the board of directors. Its founder and leader is Lewis Roberts. ET on Zacks.com Buy GreenPower Motor Stock for 10X Gains as Momentum Builds Feb. 16, 2021 at 11:10 a.m. Analysts gave the Magnite, Inc. (MGNI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2. MGNI stock forecast Our latest prediction for Magnite Inc's stock price was made on the Feb. 16, 2021 when the stock price was at 56.51$. Nearly 4.43% of Magnite, Inc.’s shares belong to company insiders and institutional investors own 67.55% of the company’s shares, according to Thomson Reuters’ data. Find the latest Earnings Report Date for Magnite, Inc. Common Stock (MGNI) at Nasdaq.com. But for it to keep climbing, it will have to successfully integrate a … Analyst Forecasts According to 5 analysts, the average rating for Magnite stock is "Strong Buy." The stock was sold at an average price of $40.54, for a total transaction of $2,027,000.00. Here’s what you need to know, HyreCar Inc. (NASDAQ:HYRE) Forecast: Price To Soar 56.25% In Near Future. The company’s Forward Dividend Ratio is 0, with its dividend yield at 0%. During the day the stock fluctuated 4.07% from a day low at $39.03 to a day high of $40.62 . Magnite's 2020 and early 2021 were great for investors, as the stock rose to over $60 per share from a low of $4.09 in March. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). To hit the forecast high, the stock’s price needs a +115.52% upsurge from its current level, while the stock would need to tank -0.32% for it to hit the projected low. Sumant Mandal is the largest individual Magnite shareholder, owning 17.10M shares representing 15.28% of the company. Referring to stock’s 52-week performance, its high was $64.39, and the low was $4.6. On average, 1 Wall Street analysts forecast MGNI's revenue for 2021 to be $31,113,396,374, with the lowest MGNI revenue forecast at $31,113,396,374, and the highest MGNI revenue forecast at … Based on these price targets, the low is -6.47 off current price, whereas the price has to move +102.22% to reach the yearly target high. The consensus price target for the stock as assigned by Wall Street analysts is $65, meaning bulls need an upside of 75.11% from its current market value. Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.1%. In the short term (2weeks), MGNI's stock price should underperform the market by -1.08%. As of 2021 April 08, Thursday current price of … This secular tailwind certainly bodes well for MGNI stock. The value of beta (5-year monthly) was 2.42 whereas the PE ratio was 0 over 12-month period. Wall Street analysts also predicted that in 2021, the company’s y-o-y revenues would reach $286.99 Million, representing an increase of 29.5% from the revenues reported in the last year’s results. About the Magnite, Inc. stock forecast. Magnite, Inc. (NASDAQ:MGNI) CTO Thomas Kershaw sold 50,000 shares of the business’s stock in a transaction on Monday, April 5th. Next Steps Explore strong dividend paying companies in the Retail industry. Magnite last announced its quarterly earnings data on February 24th, 2021. With the market capitalization of Magnite, Inc. currently standing at about $4.44 Billion, investors are eagerly awaiting this quarter’s results, scheduled for May 04, 2021- May 10, 2021. Data on historical trading for Magnite, Inc. (NASDAQ:MGNI) indicates that the trading volumes over the past 10 days have averaged 2.07 Million and over the past 3 months, they’ve averaged 4.96 Million. As a result, GLW Stock... Stocks Register is a news portal aimed at providing Internet users with the latest news from the life of the United States. Broadridge's global ecosystem will be significantly expanded by the acquisition, increasing its... Marketing Sentinel is a free online newspaper packed with exclusive content, news, articles and much more! 100% Free, Get The Best Stocks To Trade Every Day!...100% Free. The estimates for the next quarter sales put growth at 40%. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing. Limelight Networks, Inc. (NASDAQ:LLNW): How Much Is It Worth And What Should Investors Do? Magnite, Inc.’s EPS for the current quarter is expected to be -$0.01. S&P 500 4,079.95 (+0.15%) ... May 5th 2021. The LULU stock has also announced growth in... Broadridge Financial Solutions (BR) announced an acquisition worth more than $2.5 billion. Ebix, Inc. (NASDAQ:EBIX): Performance Review And Growth Outlook, Socket Mobile, Inc. (NASDAQ:SCKT) Stock: Performance and Outlook, Tenneco Inc. (NYSE:TEN) Rose 73.49% From Its 52-Week Low; YTD Numbers Rise 1.42% – Here Are Some Things To Keep In Mind, Dicerna Pharmaceuticals, Inc. (NASDAQ:DRNA) Contineus To Thrive In 2021, As Its Stock Is Up 18.43% Year-To-Date, Exicure, Inc. (NASDAQ:XCUR) Received A 23.03% Gain In 6 Months – Here’s What To Expect. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 0.42%. Evercore ISI raised the price target for the Magnite Inc. (NASDAQ:MGNI) stock to “an In-line”. However, medium term indicators have put the stock in the category of 50% Buy while long term indicators on average have been pointing out that it is a 100% Buy. Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of $59.99 Million. Additionally, there is a decline of -50% for Zoom Video Communications Cl A (ZM) in last trading while the stock has seen an overall apprecation of 654.96% over the past year. We do not sell or share your information with anyone. With action -5.06%, the performance over the past five days has been red. The data on short interest also indicates that stock shorts accounted for 9.46 Million shares as on March 14, 2021, resulting in a short ratio of 2.01. 06:07 AM ET. The data shows that as of March 14, 2021 short interest in Magnite, Inc. (MGNI) stood at 8.18% of shares outstanding, with shares short rising to 8.65 Million registered in February. 7 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. ... May 5, 2021: EPS forecast (this quarter)-$0.01: Annual revenue (last year) $221.6M: On the other hand, the price of Square (SQ) has risen 5.41% on the day. “Experts forecast a positive 500-1,000 basis point positive swing in GDP in 2021, with digital ads growing 2x-3x faster than overall ad revs,” said Martin in a research note via TipRanks.. “Within digital advertising, Connected TV ads (CTV) are growing fastest and since MGNI’s highest pay-outs come from CTV this implies upside to 2021 consensus estimates.” As can be gleaned from the statistics, the company’s share value shot +416.99% over the past 6 months, a 88.24% in annual growth rate that is considerably higher than the industry average of 0.2%. Among Mutual Funds, the top two as of Dec 30, 2020 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Close price at the end of the last trading day (Wednesday, 7th Apr 2021) of the MGNI stock … The stock has risen by +28.82% since the beginning of the year, thereby showing the potential of a further growth. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. Magnite Inc Stock Price Forecast, "MGNI" Predictons for2021 ... Magnite Inc Stock Forecast and Price Prognosis Data for 2021 . Now what. Save my name, email, and website in this browser for the next time I comment. The stock, however, is off 413.56% from where it was a year ago. It’s free. Magnite has generated ($0.37) earnings per share over the last year. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -1.02%. Senators Ask Digital-Ad Auctioneers to Name Foreign Clients The Wall Street Journal Interactive Edition. Join now to get the NewsHeater.com pre-market morning brief 100% free. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). In the last trading session, 4,214,401 Magnite, Inc. (NASDAQ:MGNI) shares changed hands as the company’s beta touched 2.53. Although MGNI has turned red as seen at the end of in last trading. Following the completion of the sale, the chief technology officer now owns 597,109 shares in the company, valued at […] You have entered an incorrect email address! Of the remaining, 1 recommended MGNI as a Hold, 5 felt it is a Buy and none rated the stock as Underweight. According to analyst projections, MGNI’s forecast low is $37 with $80 as the target high. We do not sell or share your information with anyone. The share price had its 52-week low at $4.09, which suggests the last value was 88.98% up since then. View our earnings forecast for Magnite. When we look at Magnite, Inc.’s average trading volume, we note the 10-day average is 5.81 Million shares, with the 3-month average coming to 5.97 Million. Even if you’re not actively in crypto, you deserve to know what’s actually going on... We see that MGNI’s technical picture suggests that short-term indicators denote the stock is a Hold on average. According to WSJ, Magnite Inc. (MGNI) obtained an estimated Buy proposal from the 6 brokerage firms currently keeping a deep eye on the stock performance as compares to its rivals. To hit the forecast high, the stock’s price needs a +115.52% upsurge from its current level, while the stock would need to tank -0.32% for it to hit the projected low. Tuesday, February 23, 2021… Can IGM Biosciences, Inc. (NASDAQ:IGMS) Be A Safe Investment Now? Over the next 52 weeks, Magnite Inc has on average historically risen by 23.7 % based on the past 6 years of stock performance. IA "Marketing Sentinel" seeks to provide the news and analytical information to both American and foreign audiences, events and events in the USA and all over the world reliably, objectively and promptly. U.S. Magnite Inc. (NASDAQ: MGNI) is 65.19% higher on its value in year-to-date trading and has touched a low of $4.09 and a high of $64.39 in the current 52-week trading range. 05:42 PM ET. News • Mar 22, 2021. As a result, investors may see a weakening in the stock’s price before the company announces its earnings report. Mergers and acquisitions don't necessarily equate to quick gains. Magnite Inc. [NASDAQ: MGNI] price plunged by -7.27 percent to reach at -$3.58. The downtrend that began … Magnite, Inc. (NASDAQ:MGNI) shares, dropped in value on Thursday, Apr 08, with the stock price down by -0.5% to the previous day’s close as weak demand from buyers trailed the stock to $39.56. Data indicates that the EPS growth is expected to be 0.53% in 2021, while the next year’s EPS growth is forecast to be 0.73%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2021 revenue estimates. Forecasts for the next quarter put sales growth at 54.2%. According to analyst projections, MGNI’s forecast low is $37 with $80 as the target high. Meanwhile, the Dow Jones Industrial improved by 0.17%. GameStop (GME) Rollercoaster Ride Could End By Ryan Cohen Appointment on Board of Directors. Is Lululemon Athletica Inc. (LULU) a good option for value hunters? Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Overweight. The company’s shares are showing year-to-date upside of 0.21%, with the 5-day performance at -0.29% in the red. Friday, April 02, 2021. The stock’s technical analysis shows that the PEG ratio is about 0, with the price of MGNI currently trading nearly -10.59% and -15.73% away from the simple moving averages for 20 and 50 days respectively. The 12-month stock price forecast is 56.38, which is an increase of 41.80% from the latest price. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. The stock was reiterated by Craig Hallum, w The company’s stock has been forecasted to trade at an average price of $62 over the course of the next 52 weeks, with a low of $37 and a high of $80. Magnite stock has risen by more than 500% during the past six months. Here Is How Broadridge Financial Solutions (BR) Acquisition of Itiviti Will Benefits The Company. 7 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. As of Dec 30, 2020, the company held 6.95% of the shares, roughly 8.03 Million MGNI shares worth $246.6 Million. With the company’s per share price at $37.12 changed hands at -$1.98 or -0.05% during last session, the market valuation stood at $4.29 Billion. On the other hand, iShares Russell 2000 ETF held about 2.21% of the shares, roughly 2.55 Million shares worth around $78.27 Million. View MGNI's stock price, price target, earnings, forecast, insider trades, and news at MarketBeat. According to company’s latest data on outstanding shares, there are 115.57 Million shares outstanding. That is … Additionally, analysts’ median price of $66 is likely to be welcomed by investors because it represents an increase of +66.84% from the current levels. Analysts have estimated the company’s revenue for the quarter at $59.99 Million, with a low estimate of $58Million and a high estimate of $61.2 Million. The price of the stock has decreased by 15.39% since. and has now fallen 4 days in a row. Magnite (NYSE: MGNI) is owned by 68.61% institutional shareholders, 36.00% Magnite insiders, and 0.00% retail investors. The stock is rated as a Hold by 2 analyst(s), 5 recommend it as a Buy and no body called the MGNI stock Outperform. Every day the website publishes the latest news of the business, technologies, politics, economy, culture, sports and the most interesting events in the world. A comparison of Magnite, Inc. (MGNI) with its peers suggests the former has fared considerably weaker in the market. On the whole, MGNI has fluctuated by -8.85% over the past month. If we look at who the major shareholders are, we find that insiders hold 4.62% of Magnite, Inc. shares while 76.81% of the shares are in the hands of institutional holders. Looking for a Top Momentum Stock? Click here to get the full story… along with our long list of backdoor Bitcoin strategies. The 2021 Backdoor Crypto Portfolio (free). Magnite, Inc. (MGNI) stock forecast and price target. The 2021 estimates are for Magnite, Inc. earnings to decrease by -14.1%, but the outlook for the next 5-year period is at 0% per year. Now Is A Good Time To Buy OneConnect Financial Technology Co., Ltd. (NYSE:OCFT), Ameresco, Inc. (NYSE:AMRC) Rose 67.72% From Its 52-Week Low; YTD Numbers Fall -5.05% – Here Are Some Things To Keep In Mind, Netflix (NFLX) has agreed to a multi-year contract with Sony Pictures Entertainment. AstraZeneca stock falters on reports of 'incomplete' vaccine data. Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock … Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them.