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MGNI
Stock ticker: NASDAQ
AS OF
Apr 24, 04:59 PM (EDT)
Price
$12.21
Change
+$0.30 (+2.52%)
Capitalization
1.48B

MGNI Magnite Forecast, Technical & Fundamental Analysis

Magnite Inc is one of the supply-side platform providers, or SSP, in online advertising... Show more

MGNI
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for MGNI with price predictions
Apr 23, 2025

MGNI's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for MGNI turned positive on April 14, 2025. Looking at past instances where MGNI's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MGNI's RSI Indicator exited the oversold zone, of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 17, 2025. You may want to consider a long position or call options on MGNI as a result. In of 94 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MGNI advanced for three days, in of 279 cases, the price rose further within the following month. The odds of a continued upward trend are .

MGNI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

The 50-day moving average for MGNI moved below the 200-day moving average on April 15, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MGNI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for MGNI entered a downward trend on April 11, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MGNI’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.111) is normal, around the industry mean (6.354). P/E Ratio (138.889) is within average values for comparable stocks, (191.321). Projected Growth (PEG Ratio) (0.106) is also within normal values, averaging (2.550). MGNI has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.036). P/S Ratio (2.334) is also within normal values, averaging (21.575).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MGNI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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MGNI
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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A.I. Advisor
published Earnings

MGNI is expected to report earnings to fall 77.71% to 7 cents per share on May 07

Magnite MGNI Stock Earnings Reports
Q1'25
Est.
$0.08
Q4'24
Missed
by $0.04
Q3'24
Beat
by $0.01
Q2'24
Missed
by $0.01
Q1'24
Beat
by $0.04
The last earnings report on February 26 showed earnings per share of 34 cents, missing the estimate of 37 cents. With 707.76K shares outstanding, the current market capitalization sits at 1.48B.
A.I. Advisor
published General Information

General Information

a provider of a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers

Industry AdvertisingMarketingServices

Profile
Fundamentals
Details
Industry
N/A
Address
1250 Broadway
Phone
+1 212 243-2769
Employees
911
Web
https://investor.magnite.com
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MGNI and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, MGNI has been loosely correlated with ZD. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if MGNI jumps, then ZD could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGNI
1D Price
Change %
MGNI100%
+4.48%
ZD - MGNI
42%
Loosely correlated
+0.46%
DLX - MGNI
42%
Loosely correlated
+0.54%
CCO - MGNI
42%
Loosely correlated
+1.91%
QNST - MGNI
41%
Loosely correlated
+1.81%
IAS - MGNI
39%
Loosely correlated
+2.02%
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