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An announcement from Magnite ( (MGNI) ) is now available.
At the 2025 annual meeting of stockholders held on June 5, 2025, Magnite‘s stockholders voted on three proposals. The election of three Class II directors, the ratification of Deloitte & Touche LLP as the independent accounting firm, and the approval of executive compensation were all passed, indicating continued support for the company’s leadership and financial strategies.
The most recent analyst rating on (MGNI) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Magnite stock, see the MGNI Stock Forecast page.
Spark’s Take on MGNI Stock
According to Spark, TipRanks’ AI Analyst, MGNI is a Outperform.
Magnite’s stock is rated highly due to strong financial performance and bullish technical indicators. The company’s strategic advancements and market opportunities, particularly in CTV and DV+ segments, bolster its potential for future growth. However, the high valuation and macroeconomic risks temper the overall score.
To see Spark’s full report on MGNI stock, click here.
More about Magnite
Average Trading Volume: 2,568,426
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.48B
Find detailed analytics on MGNI stock on TipRanks’ Stock Analysis page.