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Magnite, Inc. (MGNI)
NASDAQ:MGNI
MGNI Stock Chart & Stats
$14.00
-$0.05(-0.30%)
At close: 4:00 PM EST
$14.00
-$0.05(-0.30%)
Day’s Range― - ―
52-Week Range$8.22 - $26.65
Previous CloseN/A
Volume561.18K
Average Volume (3M)2.53M
Market Cap
$2.04B
Enterprise Value$1.75B
Total Cash (Recent Filing)$553.36M
Total Debt (Recent Filing)$278.69M
Price to Earnings (P/E)16.0
Beta1.79
Next Earnings
May 13, 2026EPS Estimate
0.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.34
Shares Outstanding144,364,360
10 Day Avg. Volume3,035,703
30 Day Avg. Volume2,526,746
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 Cap0.85
Enterprise Value/Revenue2.45
Enterprise Value/Gross Profit3.90
Enterprise Value/Ebitda11.20
Forecast
1Y Price Target
$24.11Price Target Upside72.21% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
EPS Forecast (FY)1.07
Revenue Forecast (FY)$744.27M
Bulls Say, Bears Say
Bulls Say
Balance Sheet And Shareholder ReturnsA net cash position combined with robust free cash flow potential and an active share buyback program enhances financial flexibility and supports shareholder value.
Connected TV ExpansionExclusive connected TV partnerships and a broader shift of ad budgets toward connected TV position the company to capture increased ad spend and expand market share in streaming advertising.
Programmatic Infrastructure RevenueAddition of recurring revenue from programmatic infrastructure deals and evolution into a mission-critical programmatic backbone could diversify revenue, lower operational risk, and raise customer lifetime value.
Bears Say
Advanced Ad Format CompetitionIntensifying competition around advanced ad formats such as DV+ from rivals targeting the same customers could erode market share and slow revenue growth.
Premium Advertising Marketplace PressureHeightened rivalry in the premium advertising marketplace may force pricing concessions and pressure margins as competitors vie for premium inventory and advertiser budgets.
Magnite News
MGNI FAQ
What was Magnite, Inc.’s price range in the past 12 months?
Magnite, Inc. lowest stock price was $8.22 and its highest was $26.65 in the past 12 months.
What is Magnite, Inc.’s market cap?
Magnite, Inc.’s market cap is $2.04B.
When is Magnite, Inc.’s upcoming earnings report date?
Magnite, Inc.’s upcoming earnings report date is May 13, 2026 which is in 66 days.
How were Magnite, Inc.’s earnings last quarter?
Magnite, Inc. released its earnings results on Feb 25, 2026. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.354 by -$0.014.
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 0.11.
How many shares outstanding does Magnite, Inc. have?
Magnite, Inc. has 144,364,360 shares outstanding.
What happened to Magnite, Inc.’s price movement after its last earnings report?
Magnite, Inc. reported an EPS of $0.34 in its last earnings report, missing expectations of $0.354. Following the earnings report the stock price went up 12.615%.
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
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10
Analyst Consensus
Strong Buy
Average Price Target:
$24.11 (72.21% Upside)
$24.11 (72.21% Upside)
Blogger Sentiment
Bullish
MGNI Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 620.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Very Bullish
Bullish news 83%
Bearish news 17%
Bearish news 17%
Technicals
SMA
Negative
20 days / 200 days
Momentum
2.71%
12-Months-Change
Fundamentals
Return on Equity
17.11%
Trailing 12-Months
Asset Growth
10.85%
Trailing 12-Months
Company Description
Magnite, Inc.
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
MGNI Company Deck
MGNI Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong and accelerating CTV momentum (32% ex-political Q4 growth, CTV now majority of business), above-consensus results, robust EBITDA expansion, improving cash and a shareholder-friendly capital allocation plan. Key challenges include DV+ weakness (below guidance and expected Q1 declines), vertical softness (auto, tech, food & beverage), higher near-term OpEx as the company invests in CTV, limited near-term monetization from AI/agentic initiatives, and uncertainty around timing/impact of AdTech remedies. On balance the positives (sustained CTV strength, margin expansion, cash generation, buybacks and clear 2026 targets) outweigh the near-term headwinds and uncertainties.View all MGNI earnings summariesMGNI Stock 12 Month Forecast
Average Price Target
$24.11
▲(72.21% Upside)
Technical Analysis
Ownership Overview
2.84% Insiders
34.26% Mutual Funds
15.35% Other Institutional Investors
32.01% Public Companies and Individual Investors