MGNI Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Positive trends in ad revenue growth from strategic partnerships with major platforms and a favorable market response could lift MGNI, leading to substantial upside, perhaps targeting $17-$18 in the short term.




Bearish Case: If ongoing insider selling continues or if ad market conditions deteriorate, it may ignite fear among investors, leading MGNI to decline towards $14 or lower as pessimism persists.




Potential Outcomes:

1. 30% chance of stabilization around $15.50.

2. 40% chance of a rally toward $17 driven by positive partnership news.

3. 30% chance of declining to $14 if market sentiment sours due to lower ad revenue expectations.




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November 12, 2024


Magnite Forecast

MGNI        Magnite











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