Magnite Inc. [MGNI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.59. Magnite, Inc. has a market cap of $5.47 Billion and is expected to release its quarterly earnings report on May 04, 2021- May 10, 2021. Magnite, Inc. Magnite, Inc (Nasdaq: MGNI) was formed in early 2020 by a merger of two advertising technology companies – Telaria (formerly Tremor Video) and Rubicon Project. The Magnite, Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. With the latest financial reports released by the company, Magnite Inc. posted 0.17/share EPS, while the average EPS was predicted by analysts to be reported at 0.12/share. Magnite Inc. Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. With this latest performance, MGNI shares gained by 66.08% in over the last four-week period, additionally plugging by 391.94% over the last 6 months – not to mention a rise of 197.99% in the past year of trading. Real time Magnite, Inc (MGNI) stock price quote, stock graph, news & analysis. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the MGNI stock to lose ahead of the earnings release. Evercore ISI raised the price target for the Magnite Inc. (NASDAQ:MGNI) stock to “an In-line”. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 41.70%. The Investor Relations website contains information about Magnite, Inc.'s business for stockholders, potential investors, and financial analysts. Magnite was born in 2020 when the programmatic ad pioneers at Rubicon Project teamed up with the CTV experts at Telaria. The merger was predicated on cost, and not revenue synergies, and bringing a Connected TV (“CTV”) product to Rubicon that it couldn’t build alone. The rating was released on April 06, 2021. The company, currently valued at $5.97 Billion, closed the last trade at $51.66 per share which meant it gained $0.98 on the day or 1.93% during that session. Thousands of publishers around the globe rely on our technology to sell advertising on their terms and across every channel and format—including CTV, … Magnite Inc. had a pretty favorable run when it comes to the market performance. The stock was reiterated by Craig Hallum, w Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. The 1-year high price for the company’s stock is recorded $35.00 on 01/19/21, with the lowest value was $22.65 for the same time period, recorded on 01/07/21. The research report from Truist has downgraded the stock from Buy to Hold, with a price target set at $37. Magnite, Inc. (NASDAQ:MGNI) has a beta value of 2.48 and has seen 3,477,995 shares traded in the last trading session. In addition, Magnite, Inc. has a VGM Score of C (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Magnite Inc. [MGNI]: An earnings per share (EPS) analysis.