Magnite Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 20 out of 76 in the Media & Publishing industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 26.91.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

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The current financial score of Magnite Inc is 8.89, ranking 6 out of 76 in the Media & Publishing industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 179.49M, representing a year-over-year increase of 10.80%, while its net profit experienced a year-over-year increase of 284.70%.
The current valuation score of Magnite Inc is 4.58, ranking 70 out of 76 in the Media & Publishing industry. Its current P/E ratio is 27.48, which is 386.12% below the recent high of 133.60 and 2391.68% above the recent low of -629.82.

The current earnings forecast score of Magnite Inc is 8.27, ranking 9 out of 76 in the Media & Publishing industry. The average price target is 27.00, with a high of 39.00 and a low of 20.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Magnite Inc is 6.66, ranking 44 out of 76 in the Media & Publishing industry. Currently, the stock price is trading between the resistance level at 15.05 and the support level at 9.28, making it suitable for range-bound swing trading.

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Magnite Inc is 10.00, ranking 1 out of 76 in the Media & Publishing industry. The latest institutional shareholding proportion is 98.47%, representing a quarter-over-quarter decrease of 10.31%. The largest institutional shareholder is The Vanguard, holding a total of 14.77M shares, representing 10.28% of shares outstanding, with 5.80% increase in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Media & Publishing domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Magnite Inc is 5.21, ranking 32 out of 76 in the Media & Publishing industry. The company's beta value is 2.36. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Magnite Inc’s latest ESG disclosure leads the Media & Publishing industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.