Magnite (NASDAQ: MGNI) was reported by Needham on 2021-02-09. According to analysts' consensus price target of $40.29, Magnite has a forecasted upside of 1.5% from its current price of $39.68. Magnite, Inc. (MGNI) estimates and forecasts It's not like Magnite is a SaaS stock, with customers locked in, and very high-profit margins. 02/25 16:06. MAGNITE, INC. : Stock quote, stock chart, quotes, analysis, advice, financials and news for share MAGNITE, INC. | Nasdaq: MGNI | Nasdaq In-depth view of key statistics and finances for MAGNITE, INC. (MGNI) on MSN Money. Magnite (MGNI) shares moved sharply higher after Craig-Hallum reiterated its Buy rating and nearly doubled its price target to $45. Magnite stock price forecast* for tomorrow, and next weeks based on the last 30 days. ... Target Price: Price: 42.80 Price Target: Upgrade: Price Target Upside (Daily) Upgrade: Top Fund Holders. Magnite Inc's number of analysts covering the stock is … 1y target est: 58.14: All. News. A number of other equities research analysts have also recently weighed in on MGNI. The stock was sold at an average price of $40.26, for a total value of $1,123,092.96. Magnite has an analyst consensus of Moderate Buy, with a price target consensus of $65.00, which is a 65.5% upside from current levels. Why Magnite Stock Fell Sharply Today. Analysts covering Magnite Inc currently have a consensus Earnings Per Share (EPS) forecast of 0.26 for the next financial year. The projected low price target is $9 while the price target rests at a high of $12. These are the details. ... the initial effective conversion price on the notes of $91.26 per share of Magnite common stock will represent a premium of approximately 100% over the last reported sale price of Magnite common stock of $45.63 per share on Nasdaq on March 15, 2021. The average Magnite stock price prediction forecasts a potential downside of N/A from the current MGNI share price of $40.30. The programmatic advertising platform has had quite the run-up since its recent merger, but is Magnite stock a buy? On average, Wall Street analysts predict that . Previously, the target price had yet another raise to $10, while Needham analysts kept a Buy rating on MGNI stock. The shares of Magnite Inc (NASDAQ: MGNI) have received a price target increase from $18 to $30 by Needham. Magnite (NASDAQ:MGNI) had its target price raised by Craig Hallum from $16.00 to $25.00 in a research note issued to investors on Monday morning, The Fly reports. Get Our PREMIUM Forecast Now, from ONLY $7.49! Magnite, Inc. (NASDAQ:MGNI)’s beta value is holding at 2.66, while the average true range (ATR) indicator is currently reading 4.69. Analysts have given the company’s stock an average 52-week price target of $65, forecast between a low of $37 and high of $80. ... Magnite started at positive with $30 stock price target at Susquehanna. Magnite Inc. analyst estimates, including MGNI earnings per share estimates and analyst recommendations. Magnite, Inc. (MGNI) shares rose more than 6% after Craig-Hallum reiterated its Buy rating and… Magnite, Inc. (NASDAQ:MGNI) COO Katie Seitz Evans sold 27,896 shares of Magnite stock in a transaction that occurred on Monday, April 5th. In a report issued on February 25, Susquehanna also maintained a Buy rating on the stock with a $80.00 price target. At that level they are trading at 35.84% discount to the analyst consensus target price of 0.00. - Try Now Risk-Free - Money-back guarantee! 02/24 16:40. Find real-time MGNI - Magnite Inc stock quotes, company profile, news and forecasts from CNN Business. Magnite stock rose sharply after Craig-Hallum reiterated his buy rating and raised his price target to $ 45 per share. Considering analysts have assigned the stock a price target range of $17-$70 as the low and high respectively, we find the trailing 12-month average consensus price target to be $49.13. They currently have a buy rating on the stock. Mean consensus: OUTPERFORM: Number of Analysts: 6: Average target price: 66,40 $ Last Close Price: 40,30 $ Spread / Highest target Magnite, Inc. shares rose more than 6% after Craig-Hallum reiterated its Buy rating and nearly doubled its price target from $25.00 to $45.00—a 24% premium to Thursday's closing price. The shares were sold at an average price of $39.74, for a total transaction of $415,441.96. They currently have a buy rating on the stock. The new note on the price target was released on September 03, 2020, representing the official price target for Magnite Inc. stock. Magnite's share price could stay at $47.25 by Mar 1, 2022. Amount of Analyst Coverage Magnite has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. The surge in stock price on Thursday has also exceeded Needham analyst Laura Martin’s price target of $30. MGNI has a higher average analyst price target than 84.38% of … Magnite, Inc. (NASDAQ:MGNI) CFO David Day sold 10,454 shares of the company’s stock in a transaction dated Thursday, March 25th. Shares in Magnite Inc are currently priced at $42.8. Following the completion of the transaction, the chief operating officer now directly owns 391,898 shares in the […] Magnite Inc's upside potential (average analyst target price relative to current price) is higher than 88.21% of Consumer Cyclical stocks. The Average True Range (ATR) for Magnite Inc. is set at 0.61, with the Price to Sales ratio for MGNI stock in the period of the last 12 months amounting to 7.60. The analyst firm set a price target for 70.00 expecting MGNI … The stock had fallen into the low $20s, yet Susquehanna maintained its $30 per-share price target. Previously, Magnite was given an $18 per share price target. Analyst Jason Kreyer believes short-term opportunities and the acceleration of Connected TV (CTV) will improve Magnite’s financial results. Truist lifted their price objective on Magnite from […] AstraZeneca stock falters on reports of 'incomplete' vaccine data News • Mar 22, 2021 Stocks end higher, Nasdaq rises 1.2% as tech stocks rebound; Tesla gains 2.3% Magnite Inc's variance in analysts' estimates is lower than 4.18000000000001% of all US stocks. Magnite Earnings, Sales Increase in Q4. Keurig Dr Pepper (NASDAQ:KDP) Price Target Raised to $30.00; Toronto Dominion Bank Has $829,000 Stock Holdings in Physicians Realty Trust (NYSE:DOC) Magnite (NASDAQ:MGNI) Price Target … Truist Securities downgraded its rating on Magnite shares from buy to hold, while analyst Matthew Thornton adjusted his price target from $12 to $37 to accommodate for the recent rally. The Average True Range (ATR) for Magnite Inc. is set at 1.46, with the Price to Sales ratio for MGNI stock in the period of the last 12 months amounting to 11.73. Formed from the merger of connected TV ad specialist Telaria and ad-exchange platform the Rubicon Project, Magnite has more than tripled in share price in 2020, with all of these gains coming in the last few months. The average analyst price target of MGNI is higher than 72.89% of Consumer Cyclical stocks. Magnite (NASDAQ:MGNI) had its price target increased by Needham & Company LLC from $30.00 to $70.00 in a research report sent to investors on Tuesday, The Fly reports. And Needham analyst Laura Martin also issued a “Buy” rating on Magnite shares. Further, Magnite, Inc. (MGNI) has a beta value of 2.53, and an average true range (ATR) of 6.26. MGNI has a higher number of analysts covering the stock than 91.97% of stocks in the small market cap category. The latest price target for . MGNI: Get the latest Magnite stock price and detailed information including MGNI news, historical charts and realtime prices. Several other research analysts have also weighed in on the company. The Price to Book ratio for the last quarter was 3.22. Magnite (NASDAQ: MGNI) shares are trading higher on Tuesday after Needham maintained a Buy rating and raised its price target from $30 to $70. David Day also recently made the following trade(s): On Wednesday, March 10th, David Day sold 20,125 shares of Magnite […] The shares of Magnite Inc (NASDAQ: MGNI) have received a price target increase from $18 to $30 by Needham. In that case, then, we find that the current price level is +85.19% off the targeted high while a plunge would see the stock lose 38.89% from current levels. MT Newswires. Magnite Announces Pricing and Syndication of New Term Loan B and Revolver.