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MGNI Stock Chart & Stats
$18.51
$0.59(3.29%)
At close: 4:00 PM EDT
$18.51
$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
$2.76B
Enterprise Value$2.00K
Total Cash (Recent Filing)$184.65M
Total Debt (Recent Filing)$429.67M
Price to Earnings (P/E)17.4
Beta1.75
Next Earnings
Nov 11, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.11
Shares Outstanding143,215,000
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
$23.00Price Target Upside24.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)1.06
Revenue Forecast (FY)$746.76M
Bulls Say, Bears Say
Bulls Say
CTV Product & Market PositionSustained CTV outperformance and SpringServe differentiation align with the structural shift to programmatic streaming. A growing, higher-margin CTV mix and platform differentiation support durable revenue and contribution expansion and strengthen Magnite’s position as a critical supply partner for publishers.
Margin Expansion & ProfitabilityA clear profitability inflection with sustained double-digit EBITDA margins demonstrates improved operating leverage and cost discipline. Durable margin expansion increases cash flow potential, funds reinvestment or share returns, and indicates scalable economics versus earlier loss-making periods.
Balance Sheet Strength & Low LeverageMaterial deleveraging and a strong equity base provide durable financial flexibility to fund strategic investments, opportunistic M&A, and shareholder returns. Low leverage reduces solvency risk and supports execution of multi-quarter initiatives without pressuring liquidity or capital structure.
Bears Say
Weakened Cash Generation / FCF Step-downA sharp TTM decline in operating and free cash flow signals weaker cash conversion and potential working-capital volatility. Over multiple quarters this can constrain organic funding for capex, product investments, buybacks, and reduce the margin of safety if advertising demand softens.
Revenue Concentration In CTVRapid concentration into CTV raises structural exposure to CTV-specific cyclicality, competitive/technical shifts, or regulatory scrutiny. While CTV lifts growth today, overreliance on one channel can amplify revenue volatility if advertiser allocations or platform dynamics reverse.
CFO Succession And Execution RiskA planned CFO transition during active debt paydown, buybacks, and raised FCF/margin targets introduces execution risk. Succession can disrupt capital allocation discipline, timing of strategic initiatives, or investor communications, affecting multi-quarter delivery of financial objectives.
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 $2.76B.
When is Magnite, Inc.’s upcoming earnings report date?
Magnite, Inc.’s upcoming earnings report date is Nov 11, 2026 which is in 97 days.
How were Magnite, Inc.’s earnings last quarter?
Magnite, Inc. released its earnings results on Aug 05, 2026. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.256 by $0.004.
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 for its next earnings report is not yet available.
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 $0.26 in its last earnings report, beating expectations of $0.256. Following the earnings report the stock price went same N/A.
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:
$23.00 (24.26% Upside)
$23.00 (24.26% Upside)
Blogger Sentiment
Bullish
MGNI Sentiment 83%
Sector Average ―
Sector Average ―
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 Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 9.0%
Last 30 Days ▼ 9.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-18.83%
12-Months-Change
Fundamentals
Return on Equity
―
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 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
$23.00
▲(24.26% Upside)
Technical Analysis
Ownership Overview
2.66% Insiders
27.80% Mutual Funds
2.74% Other Institutional Investors
49.87% Public Companies and Individual Investors