MGNI: ADVERTSING company direction to $36 in a year --3month view, this company is a subsidiary of WPP, companies like GroupM, JWT. The american school system is in the market... check them out...not here.
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0.13 USD
−159.18 M USD
619.71 M USD
123.56 M
About Magnite, Inc.
Sector
Industry
CEO
Michael G. Barrett
Website
Headquarters
New York
Founded
2007
FIGI
BBG000PBDRC0
Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. It features applications and services for digital advertising sellers including websites, mobile applications, and other digital media properties. The company was founded by Frank Addante, Duc Chau, Craig Roah, Julie Mattern and Brian D. Baumgart on April 20, 2007 and is headquartered in New York, NY.
MGNI following value channel 2021 trendline
Establishing it's rising trajectory prior to 2021, MGNI has established a value channel trend from 4 near today's price of 13. With the current pullback into the fib pocket I can see a possibility of the price being supported and continuing through the trend channel paired with positive developme
MGNI LongMGNI has a recent upswing, and has also formed a flag now. If it takes out the trigger price (11.53), then it has a decent chance of the trend continuation and should give atleast 1 r/r.
Cheap stock at strong supportLooks messy but also looks like the price wants to bounce hard of the trendline from June 2018. You don't need too much cash here, the stock is very cheap and highly volatile so be aware of that. SL triggers if a weekly candle closes under the trendline.
what's going on with MGNI? will see 16$ or what??The stock breaks through a resistance level and exits a shuffle band with supporting volume.
Starting to gather interest...
Buying - $10.3
Target - around $16
Not a recommendation, just sharing!
NASDAQ:MGNI
MGNI - Building Nicely. Breakout soon?
Another name that has showed strength when this sector has shown weakness last few days. Bodes very well for a breakout.
Upside targets 20, 28
Bear case: Gets sold hard here and dips below 12
Disclosure: Long via commons at 13.65
MGNI points out to higher valuationMGNI beat EPS and REV in a very competitive industry, pointing out that its market price is undervalued by the crowd.
The Co shows decent profitability and double-digit revenue growth. Moreover, the Co is committed to pro-active cost management - it slashes 6% of the workforce. it sounds not good, b
Golden Cross after regressionMGNI Golden Cross after a long declining trend
Part of a larger change in the whole industry
MGNI Bullish Swing Stock has decreased significantly over the past months but has been having bursts of bullish movements alongside the overall market. Looks to have stabilized and started to increase slowly. Manage risk when entering and make sure to set a CL. Also is around the .618 retracement level which we would
MGNI: SETTING UP MY LONG ENTRYMGNI :
Despite the fact that I like the fundamentals of this company long term, the below analyses is purely based on technicals .
As you can see the chart does not look that great, with all moving averages pointing downward. And the market has not been nice recently with growth stocks .
However,
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An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MGNI is 16.30 USD — it has increased by 16.24% in the past 24 hours. Watch Magnite, Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Magnite, Inc. stocks are traded under the ticker MGNI.
MGNI stock has risen by 29.25% compared to the previous week, the month change is a 31.72% rise, over the last year Magnite, Inc. has showed a 125.14% increase.
We've gathered analysts' opinions on Magnite, Inc. future price: according to them, MGNI price has a max estimate of 21.00 USD and a min estimate of 13.00 USD. Watch MGNI chart and read a more detailed Magnite, Inc. stock forecast: see what analysts think of Magnite, Inc. and suggest that you do with its stocks.
MGNI reached its all-time high on Feb 9, 2021 with the price of 64.39 USD, and its all-time low was 1.48 USD and was reached on Mar 1, 2018. View more price dynamics on MGNI chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MGNI stock is 5.43% volatile and has beta coefficient of 1.82. Track Magnite, Inc. stock price on the chart and check out the list of the most volatile stocks — is Magnite, Inc. there?
Today Magnite, Inc. has the market capitalization of 2.23 B, it has increased by 11.20% over the last week.
Yes, you can track Magnite, Inc. financials in yearly and quarterly reports right on TradingView.
Magnite, Inc. is going to release the next earnings report on Feb 26, 2025. Keep track of upcoming events with our Earnings Calendar.
MGNI earnings for the last quarter are 0.17 USD per share, whereas the estimation was 0.16 USD resulting in a 5.08% surprise. The estimated earnings for the next quarter are 0.39 USD per share. See more details about Magnite, Inc. earnings.
Magnite, Inc. revenue for the last quarter amounts to 149.40 M USD, despite the estimated figure of 147.98 M USD. In the next quarter, revenue is expected to reach 184.29 M USD.
MGNI net income for the last quarter is 5.21 M USD, while the quarter before that showed −1.08 M USD of net income which accounts for 583.67% change. Track more Magnite, Inc. financial stats to get the full picture.
No, MGNI doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 12, 2024, the company has 911.00 employees. See our rating of the largest employees — is Magnite, Inc. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Magnite, Inc. EBITDA is 105.15 M USD, and current EBITDA margin is 15.05%. See more stats in Magnite, Inc. financial statements.
Like other stocks, MGNI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Magnite, Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Magnite, Inc. technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Magnite, Inc. stock shows the strong buy signal. See more of Magnite, Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.