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Magnite (MGNI)
NASDAQ:MGNI
MGNI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$8.22 - $21.29
Previous CloseN/A
Volume561.18K
Average Volume (3M)2.83M
Market Cap
$1.38B
Enterprise Value$2.55B
Total Cash (Recent Filing)$483.22M
Total Debt (Recent Filing)$58.71M
Price to Earnings (P/E)73.1
Beta2.03
Next Earnings
May 07, 2025EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.14
Shares Outstanding142,951,370
10 Day Avg. Volume2,972,041
30 Day Avg. Volume2,829,972
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.85
Price to Cash Flow (P/CF)4.10
P/FCF Ratio3.50
Enterprise Value/Market Cap1.84
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit6.24
Enterprise Value/Ebitda22.94
Forecast
1Y Price Target
$19.70Price Target Upside98.99% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
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Bulls Say, Bears Say
Bulls Say
AdTech ScaleMGNI is the largest SSP, and scale matters in AdTech.
Market PositionMagnite is seen as best positioned within the sector due to its industry-leading mix of CTV and strong relationships with key customers like Disney and Netflix.
Revenue GrowthMagnite is positioned to benefit significantly from Netflix's ambitious advertising revenue goals, which could massively increase Magnite's revenue from the Netflix contribution alone.
Bears Say
Competition From Vertically Integrated EcosystemsThe rise of vertically integrated ecosystems like Roku, Samsung, and LG in the CTV category, coupled with the rise of Walled Gardens like TikTok/Reels/Shorts, Amazon, etc., threaten to lower SSP take rates and/or dis-intermediate them completely.
Macroeconomic ChallengesThe macroeconomic environment continues to pose a challenge for the sector, which may impact Magnite despite its strong positioning.
Take Rate PressureThere is pressure on take rates as SSPs have to prepare for a future where RMNs and CTV platforms act as their own SSPs.
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Ownership Overview
3.06% Insiders
26.34% Mutual Funds
1.17% Other Institutional Investors
53.24% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MGNI FAQ
What was Magnite’s price range in the past 12 months?
Magnite lowest stock price was $8.22 and its highest was $21.29 in the past 12 months.
What is Magnite’s market cap?
Magnite’s market cap is $1.38B.
When is Magnite’s upcoming earnings report date?
Magnite’s upcoming earnings report date is May 07, 2025 which is in 20 days.
How were Magnite’s earnings last quarter?
Magnite released its earnings results on Feb 26, 2025. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.362 by -$0.022.
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 0.07.
How many shares outstanding does Magnite have?
Magnite has 142,951,370 shares outstanding.
What happened to Magnite’s price movement after its last earnings report?
Magnite reported an EPS of $0.34 in its last earnings report, missing expectations of $0.362. Following the earnings report the stock price went down -1.839%.
Which hedge fund is a major shareholder of Magnite?
Currently, no hedge funds are holding shares in MGNI
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Magnite Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$19.70 (98.99% Upside)
$19.70 (98.99% Upside)
Blogger Sentiment
Bullish
MGNI Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 256.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $100.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 0.5%
Last 30 Days ▼ 0.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
14.96%
12-Months-Change
Fundamentals
Return on Equity
3.10%
Trailing 12-Months
Asset Growth
6.17%
Trailing 12-Months
Company Description
Magnite
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.
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MGNI Company Deck
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MGNI Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
Magnite's earnings call showed a strong financial performance and promising growth in CTV, supported by successful partnerships and technological advancements. However, the unexpected underperformance in the DV+ segment due to post-election demand drops presents a notable challenge. Despite this, the overall outlook remains optimistic with strategic initiatives aimed at driving further growth.Read More>---
MGNI Stock 12 Month Forecast
Average Price Target
$19.70
▲(98.99% Upside)
Technical Analysis
Best Analysts Covering MGNI
1 Year
1 Year Success Rate
20/43 ratings generated profit
1 Year Average Return
+17.04%
reiterated a buy rating 3 days ago
Copying Jason Kreyer's trades and holding each position for 1 Year would result in 46.51% of your transactions generating a profit, with an average return of +17.04% per trade.
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