Magnite, Inc. (MGNI)
| Market Cap | 3.51B +37.3% |
| Revenue (ttm) | 742.04M +8.3% |
| Net Income | 166.89M +287.0% |
| EPS | 1.10 +285.7% |
| Shares Out | 143.42M |
| PE Ratio | 22.27 |
| Forward PE | 20.51 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,908,733 |
| Open | 23.66 |
| Previous Close | 23.87 |
| Day's Range | 23.66 - 24.57 |
| 52-Week Range | 10.82 - 26.84 |
| Beta | 2.32 |
| Analysts | Strong Buy |
| Price Target | 29.67 (+21.2%) |
| Earnings Date | Nov 4, 2026 |
About MGNI
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel 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 for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well ... [Read more]
Financial Performance
In 2025, Magnite's revenue was $713.95 million, an increase of 6.85% compared to the previous year's $668.17 million. Earnings were $144.61 million, an increase of 534.66%.
Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for MGNI stock is "Strong Buy." The 12-month stock price target is $29.67, which is an increase of 21.20% from the latest price.
News
Magnite, LG Ad Solutions announce three-year extension
Magnite (MGNI) and LG Ad Solutions announced a three-year extension of their partnership, with Magnite’s SpringServe continuing as LG Ad Solutions’ exclusive CTV video ad server and Magnite as a…
LG Ad Solutions and Magnite Expand Partnership to Advance Agentic Buying on the Home Screen
NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, and LG Ad Solutions today announced a three-year extension of their partnersh...
Magnite Successfully Completes Term Loan and Revolving Credit Facility Repricing
Reduces Term Loan B Interest Rate by an Additional 50 Basis Points Generates Approximately $1.8 Million in Annualized Interest Savings NEW YORK, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGN...
Magnite to Announce Third Quarter 2026 Financial Results on November 4, 2026
NEW YORK, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the third quarter ended September 30,...
Magnite price target raised to $38 from $25 at BofA
BofA raised the firm’s price target on Magnite (MGNI) to $38 from $25 and keeps a Buy rating on the shares. The growth outlook has improved “considerably” because remedies proposed…
Magnite management to meet with Rosenblatt
Meeting to be held in San Francisco on September 30 hosted by Rosenblatt.Webcast Link
Magnite management to meet with Rosenblatt
Internet Media Analyst Crockett holds meetings with management on September 29 hosted by RosenblattWebcast Link
Scowtt Appoints AdTech Veteran Ben Trenda as Chief Revenue Officer
Multi-time founder and revenue leader joins Scowtt to help scale the company from approximately $10M to $100M in ARR SEATTLE, Wash., Sept. 23, 2026 /PRNewswire/ -- Scowtt, the predictive AI platform h...
Magnite named primary video ad server for HP TV+
Magnite (MGNI) announced it is the primary video ad server and a programmatic technology provider for HP TV+, providing access to programmatic demand across HP TV+ banner and video inventory.
Magnite Named Primary Video Ad Server and a Programmatic Technology Provider for HP TV+
HP TV+ adopts Magnite's full-stack technology, including SpringServe ad serving, programmatic activation, and ClearLine Curation HP TV+ adopts Magnite's full-stack technology, including SpringServe ad...
Magnite promotes Gephart as CFO
Magnite (MGNI) announced the promotion of Brian Gephart as Chief Financial Officer, CFO, effective October 1, 2026. Gephart will succeed David Day, who previously announced his retirement after a dist...
Magnite Promotes Brian Gephart to Chief Financial Officer
NEW YORK, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising platform, today announced the promotion of Brian Gephart as Chief Financial O...
Magnite price target raised to $30 from $27 at B. Riley
B. Riley raised the firm’s price target on Magnite (MGNI) to $30 from $27 and keeps a Buy rating on the shares. The Google AdTech remedies package appears closer to…
Magnite price target raised to $32 from $28 at Craig-Hallum
Craig-Hallum raised the firm’s price target on Magnite (MGNI) to $32 from $28 and keeps a Buy rating on the shares. Just 14 days after the summary briefing, courts released…
Magnite price target raised to $43 from $33 at StoneX
StoneX analyst Daniel Kurnos raised the firm’s price target on Magnite (MGNI) to $43 from $33 and keeps a Buy rating on the shares after hosting management for a dinner.
Magnite Advances Agentic Vision as Major Media Owners, Buyers and Technology Players Leverage Orchestration Layer
NEW YORK, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced expanded omnichannel capabilities and third-party integration...
Magnite management to meet with Rosenblatt
Internet Media Analyst Crockett holds a meeting with management in San Diego on september 22 hosted by Rosenblatt. Webcast Link
Magnite management to meet with Rosenblatt
Internet Media Analyst Crockett holds a meeting with management in Los Angeles on September 24 hosted by Rosenblatt. Webcast Link
Magnite and ITN Expand Partnership to Introduce Agentic AI Solution for Local Linear TV
Industry-first agentic integration via Magnite Orchestration automates local linear buying, transforming a multi-week process into a matter of hours Industry-first agentic integration via Magnite Orch...
Magnite Transcript: Bank of America 2026 Media,Communications & Entertainment Conference
CTV revenue is growing faster than the market, driven by upselling and global expansion, with a 25% CAGR targeted long-term. DOJ remedies are expected to benefit the business, especially in open web, while innovation in agentic tech and mobile in-app ads support future growth.
Telly announces expansion of partnership with Magnite
Telly announced the expansion of its partnership with Magnite (MGNI). Advertisers can buy Telly’s Home Screen ads programmatically through Magnite. The expanded partnership enables Home Screen campaig...
Telly Takes Television Advertising Beyond The Commercial Break
LOS ANGELES--(BUSINESS WIRE)--Telly, the smartest TV ever built and offered at the revolutionary price of free, today announced the expansion of its partnership with Magnite (NASDAQ: MGNI), the larges...
Magnite management to meet with BTIG
Digital Media and Live Entertainment Analyst DiMatteo holds a meeting with management on September 15 hosted by BTIG.
Magnite management to meet with Benchmark
Group Dinner Meeting with Management to be held in New York on September 16 at 6 pm hosted by Benchmark.
Magnite Transcript: Citi’s 2026 Global TMT Conference
Programmatic is becoming the default for CTV, with growth fueled by SMB adoption, AI-driven tools, and supply-side data activation. Live sports and commerce media are key expansion areas, while financials show strong leverage and capital returns. Hybrid infrastructure and AI are boosting efficiency and product innovation.