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MGNI Stock Chart & Stats
$13.71
-$0.05(-0.30%)
At close: 4:00 PM EST
$13.71
-$0.05(-0.30%)
Day’s Range― - ―
52-Week Range$10.82 - $26.65
Previous CloseN/A
Volume561.18K
Average Volume (3M)3.21M
Market Cap
$2.92B
Enterprise Value$2.86B
Total Cash (Recent Filing)$184.65M
Total Debt (Recent Filing)$429.67M
Price to Earnings (P/E)18.2
Beta1.70
Next Earnings
Aug 05, 2026EPS Estimate
0.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.11
Shares Outstanding143,215,000
10 Day Avg. Volume2,533,524
30 Day Avg. Volume3,205,238
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 Cap0.98
Enterprise Value/Revenue3.95
Enterprise Value/Gross Profit6.23
Enterprise Value/Ebitda18.46
Forecast
1Y Price Target
$23.25Price Target Upside69.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)1.06
Revenue Forecast (FY)$745.92M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthVery low leverage (debt-to-equity ~0.09) and sizable equity provide Magnite durable financial flexibility to fund strategic investments, repay liabilities, and continue disciplined capital returns. This balance-sheet strength supports resilience through ad-market cycles and preserves optionality.
Improved Profitability & MarginsSustained margin improvement and a return to consistent profitability signal durable operating leverage. Strong gross and EBITDA margins increase cash generation potential per dollar of revenue and enable reinvestment in product, sales, and technology without relying solely on external financing.
CTV Leadership & Product MomentumRapid CTV adoption and differentiated products like SpringServe and Streamr create a competitive moat in programmatic video. As programmatic CTV structurally grows, Magnite’s unified ad-serving and mediation stack supports higher yield and stickier publisher relationships, sustaining medium-term revenue mix gains.
Bears Say
Weakened Cash GenerationA sharp decline in operating cash flow and free cash flow reduces conversion of earnings to liquidity, which can constrain capital allocation flexibility. If working-capital or timing dynamics persist, funding buybacks, debt paydown, or reinvestment could be pressured despite solid reported margins.
Concentration Risk In CTV / DV+ DeclineWhile CTV growth is strategic, concentration (51% of contribution) raises exposure to CTV-specific demand swings, measurement changes, or regulatory/platform shifts. Simultaneous declines in DV+ indicate reallocation risk across channels that could amplify revenue volatility.
CFO Succession RiskThe planned retirement of a long-tenured CFO who led major M&A and capital decisions introduces succession risk during a period of active buybacks, debt paydown, and elevated targets. A mis-timed or poorly executed transition could disrupt financial execution or stakeholder confidence over several quarters.
Magnite News
MGNI FAQ
What was Magnite, Inc.’s price range in the past 12 months?
Magnite, Inc. lowest stock price was $10.82 and its highest was $26.65 in the past 12 months.
What is Magnite, Inc.’s market cap?
Magnite, Inc.’s market cap is $2.92B.
When is Magnite, Inc.’s upcoming earnings report date?
Magnite, Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 21 days.
How were Magnite, Inc.’s earnings last quarter?
Magnite, Inc. released its earnings results on May 06, 2026. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.106 by $0.024.
Is Magnite, Inc. overvalued?
According to Wall Street analysts Magnite, Inc.’s price is currently Undervalued.
Does Magnite, Inc. pay dividends?
Magnite, Inc. does not currently pay dividends.
What is Magnite, Inc.’s EPS estimate?
Magnite, Inc.’s EPS estimate is 0.25.
How many shares outstanding does Magnite, Inc. have?
Magnite, Inc. has 143,215,000 shares outstanding.
What happened to Magnite, Inc.’s price movement after its last earnings report?
Magnite, Inc. reported an EPS of $0.13 in its last earnings report, beating expectations of $0.106. Following the earnings report the stock price went up 4.556%.
Which hedge fund is a major shareholder of Magnite, Inc.?
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$23.25 (69.58% Upside)
$23.25 (69.58% Upside)
Blogger Sentiment
Bullish
MGNI Sentiment 70%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 140.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $133.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 2.7%
Last 30 Days ▲ 7.6%
Last 30 Days ▲ 7.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-12.57%
12-Months-Change
Fundamentals
Return on Equity
18.57%
Trailing 12-Months
Asset Growth
10.16%
Trailing 12-Months
Company Description
Magnite, Inc.
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 Stock 12 Month Forecast
Average Price Target
$23.25
▲(69.58% Upside)
Technical Analysis
Ownership Overview
2.66% Insiders
27.80% Mutual Funds
0.67% Other Institutional Investors
52.00% Public Companies and Individual Investors