Magnite Stock In The News

MGNI Stock  USD 17.13  0.58  3.50%   
Our overall analysis of Magnite's news coverage and content from conventional and social sources shows investors' bearish mood towards Magnite. The specific impact of Magnite news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Magnite's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Magnite headlines in addition to utilizing other, more conventional financial analysis modules. Check out Magnite Backtesting and Magnite Hype Analysis.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.

Magnite Today Top News and Investor Outlook

Yahoo News
Magnite to Announce Third Quarter 2024 Financial Results on November 7, 2024
https://finance.yahoo.com/news/magnite-announce-third-quarter-2024-120000226.html
 Bullish
Yahoo News
Magnite Successfully Completes Term Loan Repricing
https://finance.yahoo.com/news/magnite-successfully-completes-term-loan-200500834.html
 Bullish
Yahoo News
TF1 PUB Strengthens Its Programmatic Advertising Offering by Partnering With Magnite
https://finance.yahoo.com/news/tf1-pub-strengthens-programmatic-advertising-060000923.html
 Bullish
Yahoo News
Gaming Analytics Platform Blitz Chooses Magnite as Preferred SSP to Streamline Programmatic Strategy
https://finance.yahoo.com/news/gaming-analytics-platform-blitz-chooses-120000516.html
 Bullish
Yahoo News
Magnite to Participate in Upcoming Financial Conferences
https://finance.yahoo.com/news/magnite-participate-upcoming-financial-conferences-200500849.html
 Bullish
Investing News at Macroaxis
Investing in Magnite (NASDAQ:MGNI) a year ago would have delivered you a 55% gain
https://finance.yahoo.com/news/investing-magnite-nasdaq-mgni-ago-131843935.html
 Bullish
Yahoo News
TargetSmart Announces Exclusive Partnership with Magnite to Enable Turn Key Data-Driven Political Advertising Across CTV Inventory
https://finance.yahoo.com/news/targetsmart-announces-exclusive-partnership-magnite-012400134.html
 Bullish
Yahoo News
Magnite Reports Second Quarter 2024 Results
https://finance.yahoo.com/news/magnite-reports-second-quarter-2024-200500333.html
 Neutral
Yahoo News
Magnite Launches Full AI-Driven Automation Within Demand Manager To Earn Incremental Revenue For Publishers
https://finance.yahoo.com/news/magnite-launches-full-ai-driven-060000135.html
 Bullish
Yahoo News
Gracenote teams with major connected TV (CTV) players to optimize contextual ad targeting
https://finance.yahoo.com/news/gracenote-teams-major-connected-tv-130000566.html
 Bullish

Magnite Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Magnite and other traded companies coverage with news coverage. We help investors stay connected with Magnite headlines for the 24th of November to make an informed investment decision based on correlating the impacts of news items on Magnite Stock performance. Please note that trading solely based on the Magnite hype is not for everyone as timely availability and quick action are needed to avoid losses.
Magnite's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Magnite investors visualize upcoming and past events in order to time the market based on Magnite noise-free hype analysis.
Magnite stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Magnite earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Magnite that are available to investors today. That information is available publicly through Magnite media outlets and privately through word of mouth or via Magnite internal channels. However, regardless of the origin, that massive amount of Magnite data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Magnite news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Magnite relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Magnite's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Magnite alpha.

Magnite Largest EPS Surprises

Earnings surprises can significantly impact Magnite's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2017-08-01
2017-06-30-0.07-0.08-0.0114 
2021-05-10
2021-03-310.010.030.02200 
2017-11-02
2017-09-30-0.12-0.14-0.0216 
2022-11-09
2022-09-300.150.180.0320 
2022-08-09
2022-06-300.170.14-0.0317 
2024-05-08
2024-03-310.010.050.04400 
View All Earnings Estimates

Magnite Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Magnite Stock. Current markets are strongly bullish. About 89% of major world exchanges and indexes are currently up. See today's market update for more information.
Investing News at Macroaxis
22nd of November 2024
Magnite director Robert Spillane sells 201,500 in stock
at investing.com 
Marketbeat News
20th of November 2024
The Trade Desk When Sell the News Turns Into Buy the Dip
at marketbeat.com 
Yahoo News
19th of November 2024
Disposition of 7483 shares by Katie Evans of Magnite at 15.85 subject to Rule 16b-3
at finance.yahoo.com 
Yahoo News
18th of November 2024
Rubicon Technology Partners Closes 500 Million Single-Asset Continuation Fund to Support t...
at finance.yahoo.com 
benzinga news
15th of November 2024
Disposition of 100000 shares by Michael Barrett of Magnite at 16.14 subject to Rule 16b-3
at benzinga.com 
Gurufocus Stories at Macroaxis
14th of November 2024
Insider Sale Chief Accounting Officer Brian Gephart Sells Shares of Magnite Inc
at gurufocus.com 
Gurufocus Stories at Macroaxis
8th of November 2024
Magnite Inc Q3 2024 Earnings Call Highlights Strong Revenue Growth and Strategic ...
at gurufocus.com 
bizjournals News
11th of October 2024
Lakeside, Rubicon acquire Oakland office tower for 82 percent discount
at bizjournals.com 
Yahoo News
23rd of September 2024
Rubicon Water Non-Executive Chairman Acquires 109 percent More Stock
at finance.yahoo.com 

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magnite in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magnite's short interest history, or implied volatility extrapolated from Magnite options trading.
When determining whether Magnite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnite's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnite Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnite Stock:
Check out Magnite Backtesting and Magnite Hype Analysis.
For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnite. If investors know Magnite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Earnings Share
0.13
Revenue Per Share
4.728
Quarterly Revenue Growth
0.079
Return On Assets
0.0111
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnite's market value can be influenced by many factors that don't directly affect Magnite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.