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Magnite (MGNI)

(Delayed Data from NSDQ)

$9.19 USD

9.19
1,128,492

+0.39 (4.43%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $9.18 -0.01 (-0.11%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (65 out of 252)

Industry: Internet - Software

Better trading starts here.

Zacks News

Magnite (MGNI) Rises Higher Than Market: Key Facts

In the most recent trading session, Magnite (MGNI) closed at $9.97, indicating a +1.22% shift from the previous trading day.

MGNI vs. PANW: Which Stock Should Value Investors Buy Now?

MGNI vs. PANW: Which Stock Is the Better Value Option?

Is Magnite (MGNI) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Magnite (MGNI) and Nova Ltd. (NVMI) have performed compared to their sector so far this year.

Wall Street Analysts Think Magnite (MGNI) Could Surge 27.48%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 27.5% in Magnite (MGNI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Magnite (MGNI) Teams Up With iHeartMedia to Aid Advertisers

Magnite (MGNI) partners with iHeartMedia, launching a marketplace to benefit both advertisers and buyers

Magnite (MGNI) Reveals ML-Powered Feature for Demand Manager

Magnite (MGNI) introduces ML-driven recommendations for A/B testing within its Demand Manager product.

Magnite (MGNI) Partners With Snowflake to Boost Data Security

Magnite (MGNI) partners with Snowflake's Media Data Cloud to enhance secure data activation for agencies, advertisers and media proprietors within the company's streaming inventory.

Magnite (MGNI) & Scope3 Team Up for Sustainable Advertising

Magnite (MGNI) collaborates with Scope3 to enhance sustainability in omnichannel advertising.

Magnite (MGNI) and SpringServe Support FAST Ad Management

Magnite (MGNI), along with SpringServe, now provides FAST ad management support for Virgin Media TV services.

Magnite (MGNI) Misses Q2 Earnings Estimates

Magnite (MGNI) delivered earnings and revenue surprises of -25% and 0.09%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Shaun Pruitt headshot

Don't Overlook These Affordable Stocks as Earnings Approach

Components such as valuation, growth, and rising earnings estimates help reconfirm it's time to buy these top-rated stocks for their affordable prices and investment potential.

Innovid Corp. (CTV) Reports Q2 Loss, Tops Revenue Estimates

Innovid Corp. (CTV) delivered earnings and revenue surprises of -50% and 5%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Magnite (MGNI) Partners With Foxtel Media for BINGE Advertising

Magnite (MGNI) collaborates with Foxtel Media to enable programmatic advertising on BINGE's ad-supported tier, BINGE Basic.

Magnite (MGNI) Q1 Earnings and Revenues Beat Estimates

Magnite (MGNI) delivered earnings and revenue surprises of 118.18% and 17.36%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Twilio (TWLO) Q1 Earnings and Revenues Surpass Estimates

Twilio (TWLO) delivered earnings and revenue surprises of 135% and 0.68%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Evolent Health (EVH) Beats Q1 Earnings Estimates

Evolent Health (EVH) delivered earnings and revenue surprises of 40% and 1.81%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Magnite (MGNI) Cuts Out DSPs With Direct-Buy Platform, ClearLine

Magnite (MGNI) announces the launch of ClearLine, a self-service solution that provides agencies direct access to buy premium video inventory on the company's platforms.

Magnite (MGNI) Q4 Earnings Miss Estimates

Magnite (MGNI) delivered earnings and revenue surprises of -31.43% and 13.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnite (MGNI) Partners With Brightcove to Boost Advertising

Magnite (MGNI) enters a partnership with the cloud-based online video platform, Brightclove, to help it provide better opportunities to its customers to monetize the ad space.

Magnite (MGNI) to Serve SmartNews as Supply Side Platform

Magnite (MGNI) to partner with SmartNews to serve as its supply-side platform and provide a demand manager mobile app solution.

Magnite (MGNI) Expands Its Existing Deal With Horizon Media

Magnite (MGNI) extends its partnership with Horizon Media.

Magnite (MGNI) Q3 Earnings and Revenues Surpass Estimates

Magnite (MGNI) delivered earnings and revenue surprises of 5.88% and 17.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

BlackLine (BL) Surpasses Q3 Earnings and Revenue Estimates

BlackLine (BL) delivered earnings and revenue surprises of 133.33% and 0.40%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

HubSpot (HUBS) Q3 Earnings and Revenues Beat Estimates

HubSpot (HUBS) delivered earnings and revenue surprises of 35.29% and 4.36%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Magnite (MGNI) Witnesses Significant Improvement Across Asia

Magnite (MGNI) announces growth across Asia as OTT viewership increases and omnichannel demand strengthens.