Magnite, Inc. (MGNI)
| Market Cap | 3.36B +3.3% |
| Revenue (ttm) | 742.04M +8.3% |
| Net Income | 166.89M +287.0% |
| EPS | 1.10 +285.7% |
| Shares Out | 143.42M |
| PE Ratio | 21.28 |
| Forward PE | 19.64 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,135,573 |
| Open | 23.55 |
| Previous Close | 23.97 |
| Day's Range | 23.09 - 23.76 |
| 52-Week Range | 10.82 - 26.84 |
| Beta | 2.29 |
| Analysts | Strong Buy |
| Price Target | 28.80 (+23.08%) |
| Est. Earnings | 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 $28.8, which is an increase of 23.08% from the latest price.
News
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 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 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 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 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 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 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.
Magnite Launches First Agentic Campaign in EMEA With Amnet France
Results highlight the real-world impact of agentic buying for premium CTV campaigns Results highlight the real-world impact of agentic buying for premium CTV campaigns
Magnite Establishes Premier Destination for Verified Live Streaming Inventory
With football season and high-profile live events approaching, Magnite's Live Marketplace makes live content easy to buy programmatically and agentically With football season and high-profile live eve...
Magnite Research Reveals Live Streaming Brings Audiences Together and Keeps Them Engaged Beyond the Main Event
NEW YORK, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today released Inside the Live Experience: Live Viewing Behavior and Ad Enga...
Magnite Transcript: Rosenblatt's 6th Annual Technology Summit: The Age of AI (Part II)
Antitrust remedies could rapidly shift market share from Google, driving significant incremental earnings and benefiting from behavioral changes. CTV and programmatic growth are accelerating, with strong financial performance and a focus on innovation and capital returns.
Magnite Transcript: Bank of America SMID Cap Virtual Conference
Magnite has transformed into a programmatic CTV leader, expanding exclusive partnerships with major streaming and commerce media brands. AI-driven workflows and new product suites streamline ad buying, unlock new revenue streams, and enhance cost efficiency, focusing on growth, margin improvement, and market expansion.
Magnite Transcript: Technology Leadership Forum 2026
CTV growth accelerated to 36% with broad-based demand, while commerce media and exclusive data partnerships emerged as key growth drivers. Product innovation in agentic tools is streamlining workflows and accelerating campaign deployment, supporting margin expansion and robust financial performance.
Magnite to Participate in Upcoming Financial Conferences
NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate and host ...
Magnite Earnings Call Transcript: Q2 2026
Q2 2026 results exceeded expectations with 17% Contribution ex-TAC growth and 36% CTV growth, driven by broad-based programmatic adoption and international expansion. AI and agentic initiatives are positioned as future growth drivers, and guidance for the year was raised across key metrics.
Magnite Earnings release: Q2 2026
Magnite released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
Magnite Quarterly report: Q2 2026
Magnite has published its Q2 2026 quarterly earnings report on August 5, 2026.
Magnite Slides: Q2 2026
Magnite has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 5, 2026.
Magnite Reports Second Quarter 2026 Results
Contribution ex-TAC (1) Grows 17% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 36% Year-Over-Year Adjusted EBITDA (1) Grows 30% Year-Over-Year Adjusted EBITDA Margin (2) of 37% in Second Quar...
Business Insider Launches Standalone FAST Channel, Partners with Magnite's SpringServe for Next Phase of Streaming Growth
NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced that Business Insider has selected its SpringServe video platf...
Magnite to Announce Second Quarter 2026 Financial Results on August 5, 2026
NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the second quarter ended June 30, 202...
Magnite Transcript: Fireside chat
AI-driven agentic tools and supply-side decisioning are transforming advertising, with streaming and CTV attracting new entrants and outcome-based models gaining traction. Industry leaders anticipate more open ecosystems, rapid innovation, and the entry of major AI players in the near future.
Magnite and Viasat Aviation Partner to Bring Programmatic Advertising to In-Flight Screens
LONDON, June 17, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a partnership with Viasat Aviation, the in-flight connectivity ...
Teads Launches its AI-Driven Operating System, Teads EngageOS, to Maximize Publisher Total Revenue
A first-of-its-kind publisher operating system that incorporates editorial, native and programmatic demand into the feed to drive maximum revenue. In strategic partnership with Magnite.