Magnite, Inc. (MGNI)

Market Cap	1.66B
Revenue (ttm)	668.17M
Net Income (ttm)	22.79M
Shares Out	142.95M
EPS (ttm)	0.16
PE Ratio	72.47
Forward PE	12.82
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,178,764
Open	12.25
Previous Close	12.30
Day's Range	11.46 - 12.25
52-Week Range	8.38 - 21.29
Beta	2.79
Analysts	Strong Buy
Price Target	19.25 (+66.02%)
Earnings Date	May 7, 2025

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 ...

• Industry: Advertising Agencies
• Sector: Communication Services
• Founded: 2007
• Employees: 905
• Stock Exchange: NASDAQ
• Ticker Symbol: MGNI
• Website: https://www.magnite.com

Analyst Forecast

According to 14 analysts, the average rating for MGNI stock is "Strong Buy." The 12-month stock price forecast is $19.25, which is an increase of 66.02% from the latest price.

Price Target

$19.25

(66.02% upside)

Analyst Consensus: Strong Buy