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MGNI Stock Chart & Stats
$23.89
$0.59(3.29%)
At close: 4:00 PM EDT
$23.89
$0.59(3.29%)
Day’s Range― - ―
52-Week Range$10.82 - $26.65
Previous CloseN/A
Volume2.05M
Average Volume (3M)3.11M
Market Cap
$3.38B
Enterprise Value$2.88K
Total Cash (Recent Filing)$332.62M
Total Debt (Recent Filing)$416.98M
Price to Earnings (P/E)20.1
Beta1.92
Next Earnings
Nov 11, 2026EPS Estimate
0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.17
Shares Outstanding143,424,160
10 Day Avg. Volume2,054,362
30 Day Avg. Volume3,113,712
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)2.51
Price to Sales (P/S)3.24
P/FCF Ratio13.97
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$28.00Price Target Upside17.20% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)1.11
Revenue Forecast (FY)$759.40M
Bulls Say, Bears Say
Bulls Say
CTV Growth And MixRapid CTV growth strengthens Magnite’s position in a structurally expanding streaming advertising market. Greater CTV scale can improve platform relevance, buyer access, and monetization opportunities as publishers shift inventory toward programmatic video.
Margin Expansion And EfficiencyImproving margins and flat operating expenses indicate that cloud savings, AI-related productivity, and operating discipline are translating into scalable economics. Sustained efficiency would support durable earnings growth even if advertising growth moderates.
Lower Leverage And Positive Cash GenerationThe sharp reduction in leverage lowers financial risk and gives Magnite greater flexibility to fund technology investment, acquisitions, or shareholder returns. Positive operating and free cash flow also provide internal funding capacity for ongoing strategic execution.
Bears Say
DV+ Decline And Open-Web ExposurePersistent DV+ contraction shows that budget reallocation toward CTV and weakness in open-web display remain structural challenges. Continued declines could offset CTV gains, limit consolidated growth, and increase dependence on one primary advertising channel.
Reduced Liquidity BufferAlthough debt repayment reduces leverage, the large cash reduction leaves a smaller liquidity cushion for market shocks, acquisitions, or elevated investment needs. Lower cash reserves could constrain flexibility if advertising conditions weaken or working capital rises.
CFO Succession RiskA CFO transition introduces execution and reporting risk while Magnite is managing CTV expansion, AI investment, and capital allocation. Even with a transition plan, leadership turnover can temporarily disrupt financial planning, controls, and investor confidence.
Magnite News
MGNI FAQ
What was Magnite’s price range in the past 12 months?
Magnite lowest stock price was $10.82 and its highest was $26.65 in the past 12 months.
What is Magnite’s market cap?
Magnite’s market cap is $3.38B.
When is Magnite’s upcoming earnings report date?
Magnite’s upcoming earnings report date is Nov 11, 2026 which is in 76 days.
How were Magnite’s earnings last quarter?
Magnite released its earnings results on Aug 05, 2026. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.243 by $0.017.
Is Magnite overvalued?
According to Wall Street analysts Magnite’s price is currently Undervalued.
Does Magnite pay dividends?
Magnite does not currently pay dividends.
What is Magnite’s EPS estimate?
Magnite’s EPS estimate is 0.29.
How many shares outstanding does Magnite have?
Magnite has 143,424,160 shares outstanding.
What happened to Magnite’s price movement after its last earnings report?
Magnite reported an EPS of $0.26 in its last earnings report, beating expectations of $0.243. Following the earnings report the stock price went up 17.658%.
Which hedge fund is a major shareholder of Magnite?
Currently, no hedge funds are holding shares in MGNI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Magnite Stock Smart Score
Outperform
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$28.00 (17.20% Upside)
$28.00 (17.20% Upside)
Blogger Sentiment
Bullish
MGNI Sentiment 66%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 183.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $549.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-18.83%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
3.61%
Trailing 12-Months
Company Description
Magnite
Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.
MGNI Company Deck
MGNI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial progress driven by a robust CTV ramp, double-digit contribution ex-TAC growth, margin expansion, and durability in key customer relationships. Management highlighted durable cost efficiencies (cloud and AI), a disciplined capital allocation plan (debt paydown and buybacks), and raised full-year margin and free-cash-flow targets. Offsetting risks include ongoing DV+ decline, vertical-specific macro weakness (automotive, technology), a large quarter-over-quarter cash reduction from debt repayment and repurchases, uncertainty around timing of Google AdTech remedies, and a planned CFO transition. On balance, the positive growth, profitability, and strategic momentum notably outweigh the moderate risks discussed.View all MGNI earnings summariesMGNI Stock 12 Month Forecast
Average Price Target
$28.00
▲(17.20% Upside)
Technical Analysis
Ownership Overview
2.50% Insiders
27.76% Mutual Funds
29.37% Other Institutional Investors
23.53% Public Companies and Individual Investors