Why Is Magnite, Inc. (MGNI) Stock Down Today?
Live update on MGNI's stock movement with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.
MGNI is Up +6.86% today
You might want to check out Why is MGNI Up Today?
Magnite, Inc. (MGNI)
Summary
Magnite, Inc. (MGNI) is trading up +6.86% at $15.63, reflecting a positive shift in investor sentiment today. The stock opened at $15.57 and has moved between $15.25 and $15.92 so far.
Trading volume is 1116031, which is 51% below its average, and the price action suggests buying interest.
Technically, MGNI is trading above its 50-day moving average of $13.20 and below its 200-day moving average of $15.91, indicating short-term strength but long-term weakness.
Analyst sentiment is bullish. Meyka's AI assigns MGNI a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of -9.43% in 1 month ($14.16), +34.27% in 1 year ($20.99), and +121.49% in 5 years ($34.63).
View the full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement.
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MGNI Technical Signals
Trading over 50-day moving average ($13.20)
Trading below 200-day moving average ($15.91)
Analyst Recommendations
Price Forecast
1 Month
$14.16
1 Year
$20.99
3 Years
$27.80
5 Years
$34.63
Is this change significant?
5-Day:+6.97%
1-Month:+11.89%
3-Month:+16.85%
What's next?
Next earnings date: 7/30/2025