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Magnite (MGNI)

(Real Time Quote from BATS)

$15.90 USD

15.90
877,446

-0.76 (-4.56%)

Updated Nov 15, 2024 01:04 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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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C Value B Growth D Momentum B 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 14% (34 out of 250)

Industry: Internet - Software

Zacks News

Magnite (MGNI) Q3 Earnings and Revenues Beat Estimates

Magnite (MGNI) delivered earnings and revenue surprises of 6.25% and 1.01%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Charter Communications (CHTR) Partners With Paramount Global

Charter Communications (CHTR) & Paramount Global team up to bring ad-supported premium subscription of Paramount+ Essential at no extra cost to Spectrum users.

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

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

Here's Why Magnite (MGNI) Is a Great 'Buy the Bottom' Stock Now

Magnite (MGNI) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Are Computer and Technology Stocks Lagging Infosys (INFY) This Year?

Here is how Infosys (INFY) and Magnite (MGNI) have performed compared to their sector so far this year.

Magnite (MGNI) Q2 Earnings Match Estimates

Magnite (MGNI) delivered earnings and revenue surprises of 0% and 2.03%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

BlackLine (BL) Tops Q2 Earnings and Revenue Estimates

BlackLine (BL) delivered earnings and revenue surprises of 16% and 1.56%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

SEMrush Holdings, Inc. (SEMR) Q2 Earnings Miss Estimates

SEMrush (SEMR) delivered earnings and revenue surprises of -14.29% and 1.39%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks.com featured highlights Universal Health Services, Tenet Healthcare Corp., Century Communities and Magnite

Universal Health Services, Tenet Healthcare Corp., Century Communities and Magnite are part of the Zacks Screen of the Week article.

Vasundhara Sawalka headshot

4 Stocks Trading Near 52-Week High That Can Climb Further

Investors target stocks that have been on a bullish run lately. Stocks like UHS, THC, CCS and MGNI that are seeing price strength have a high chance of carrying the momentum forward.

Will Higher Ad Revenues Aid Meta Platforms' (META) Q2 Earnings?

Meta Platforms' (META) second-quarter 2024 results are expected to reflect the benefits of improving advertising business.

What's in Store for Charter Communications (CHTR) in Q2 Earnings?

Charter Communications' (CHTR) Q2 2024 performance is likely to have weakened due to the sluggishness of total residential revenues driven by a decline in residential customer relationships.

TELUS (TU) & Magnite Tie-Up to Boost Streaming TV Landscape

To elevate advertisement content and redefine the future of television in Canada, TELUS (TU) will leverage Magnite's SpringServe ad server and Magnite Streaming SSP.

Charter Communications (CHTR) Partners With TelevisaUnivision

Charter Communications (CHTR) partners with TelevisaUnivision to bring the new ad-supported premium subscription of ViX at no additional cost to Spectrum users.

Charter Communications (CHTR) Expands Partnership With Magnite

Charter Communications' (CHTR) Spectrum expands its partnership with Magnite to enhance programmatic ad-buying access across Spectrum Reach's extensive library.

Magnite (MGNI) Tops Q1 Earnings and Revenue Estimates

Magnite (MGNI) delivered earnings and revenue surprises of 350% and 5.49%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Magnite (MGNI) to Report Q1 Earnings: What's in the Cards?

Magnite's (MGNI) first-quarter 2024 results are likely to suffer from seasonality and competition, even though it has a strong partner base.

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.