Stocklytics Platform
Asset logo for symbol MGNI
Magnite
MGNI70
$15.35arrow_drop_down1.15%-$0.17
High Growth
Asset logo for symbol MGNI
MGNI70

$15.35

arrow_drop_down1.15%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Magnite (MGNI) Stocklytics Forecast

According to the latest stock price prediction for Magnite, Inc. (MGNI), analysts forecast a positive trend in the company's stock. Based on the current market conditions and historical data, MGNI is expected to experience a steady increase in its stock price. The predictions suggest that MGNI stock will continue to rise in the coming months and potentially even in the year 2023. With the growth of the digital advertising industry, Magnite, Inc. is well-positioned to capitalize on this trend and deliver strong financial results.
Machine learning models also support the positive forecast for MGNI stock. These models analyze various factors such as historical stock prices, market trends, and company-specific data to make predictions. Based on their analysis, the machine learning models project a promising future for Magnite, Inc. By leveraging advanced algorithms, these models can uncover patterns and trends that may not be apparent to human analysts, providing valuable insights for potential investors.
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Frequently Asked Questions

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What is the analyst price prediction for Magnite (MGNI) stock?

Analysts have set a target price of $14.65 for Magnite (MGNI), based on forecasts from 30 analysts. The predicted price range extends from a high of $18 to a low of $11. This represents a potential increase of up to 17.25% and a decrease of -28.35% from the current price of $15.35. These forecasts are as of 2022 Dec 16.
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What are the analyst ratings for Magnite (MGNI) stock?

The analyst ratings for Magnite (MGNI) are distributed as follows: 13 analysts recommend buying, 1 have a neutral stance, and 0 suggest selling. The prevailing sentiment among the total of 14 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Magnite.
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What is the AI price prediction for Magnite (MGNI) stock?

At present, there is no AI or machine-learning-based price prediction available for Magnite (MGNI) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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