Magnite, Inc. (MGNI)

NASDAQ: MGNI · Real-Time Price · USD
23.73
-0.14 (-0.59%)
At close: Sep 15, 2025, 4:00 PM EDT
23.60
-0.13 (-0.55%)
After-hours: Sep 15, 2025, 7:53 PM EDT
-0.59%
Market Cap3.38B
Revenue (ttm)685.07M
Net Income (ttm)43.13M
Shares Out 142.40M
EPS (ttm)0.29
PE Ratio83.24
Forward PE23.85
Dividendn/a
Ex-Dividend Daten/a
Volume1,953,329
Open23.94
Previous Close23.87
Day's Range23.33 - 24.24
52-Week Range8.22 - 26.65
Beta3.05
AnalystsStrong Buy
Price Target25.75 (+8.51%)
Earnings DateNov 6, 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 ... [Read more]

Founded 2007
Employees 905
Stock Exchange NASDAQ
Ticker Symbol MGNI
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 12 analysts, the average rating for MGNI stock is "Strong Buy." The 12-month stock price target is $25.75, which is an increase of 8.51% from the latest price.

Price Target
$25.75
(8.51% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Magnite Acquires streamr.ai to Unlock Small Business Advertising Spend for CTV Publishers

NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced the acquisition of streamr.ai, a platform specializing in AI...

6 days ago - GlobeNewsWire

Magnite, Inc. (MGNI) Presents at Citi's 2025 Global Technology, Media and Telecommunications Conference Transcript

Magnite, Inc. (NASDAQ:MGNI) Citi's 2025 Global Technology, Media and Telecommunications Conference September 4, 2025 4:50 PM EDT Company Participants Michael Barrett - CEO & Director Conference Call ...

10 days ago - Seeking Alpha

Magnite, Inc. (MGNI) Presents At Bank Of America 2025 Media, Communications & Entertainment Conference Transcript

Magnite, Inc. (NASDAQ:MGNI) Bank of America 2025 Media, Communications & Entertainment Conference September 3, 2025 3:40 PM EDT Company Participants Michael Barrett - CEO & Director Conference Call P...

11 days ago - Seeking Alpha

Magnite Rolls Out Pause Ads as Streaming Media Owners Embrace Next-Gen Ad Formats

Move builds on momentum of Magnite's Home Screen and Tiles ad formats to meet growing demand for performance-driven ad experiences Move builds on momentum of Magnite's Home Screen and Tiles ad formats...

20 days ago - GlobeNewsWire

Magnite and Acxiom Forge Direct Integration to Enhance Addressable-Based Buying and Maximize Working Media in Streaming

Industry-first integration enables audience decisioning on the sell-side using Acxiom's full suite of data services Industry-first integration enables audience decisioning on the sell-side using Acxio...

25 days ago - GlobeNewsWire

Magnite to Participate in Upcoming Financial Conferences

NEW YORK, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate and host ...

4 weeks ago - GlobeNewsWire

Magnite Analysts Boost Their Forecasts After Better-Than-Expected Q2 Earnings

Magnite, Inc. MGNI reported better-than-expected earnings for the second quarter on Wednesday.

5 weeks ago - Benzinga

Magnite, Inc. (MGNI) Q2 2025 Earnings Call Transcript

Magnite, Inc. (NASDAQ:MGNI) Q2 2025 Earnings Conference Call August 6, 2025 4:30 PM ET Company Participants Aaron Saltz - Chief Legal Officer David L. Day - Chief Financial Officer Michael G.

5 weeks ago - Seeking Alpha

Magnite Reports Second Quarter 2025 Results

Contribution ex-TAC (1) Grows 10% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 14% Year-Over-Year NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent s...

5 weeks ago - GlobeNewsWire

Magnite and REMAX Team Up to Power Commerce Media Expansion Across Onsite and Offsite Channels

Magnite will work with the real estate leader to extend its high-value audiences offsite and unlock new routes for brands to connect with high-intent home buyers Magnite will work with the real estate...

5 weeks ago - GlobeNewsWire

Magnite Is Producing Lots Of Cash

Magnite holds a dominant position in CTV and DV+, benefiting from industry growth and regulatory actions against Google. The integration of SpringServe and AI-driven innovations provides a structural ...

6 weeks ago - Seeking Alpha

FanDuel Sports Network Scales Live Sports Monetization with Magnite

25% YOY Growth in Impressions Served Through Magnite's SpringServe Video Platform 25% YOY Growth in Impressions Served Through Magnite's SpringServe Video Platform

6 weeks ago - GlobeNewsWire

Paramount Australia Partners with Magnite to Unlock Programmatic Access to the Paramount+ Ad Tier

SYDNEY, July 14, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, and Paramount Australia today announced a partnership to unlock programmatic ac...

2 months ago - GlobeNewsWire

Magnite to Announce Second Quarter 2025 Financial Results on August 6, 2025

NEW YORK, July 09, 2025 (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...

2 months ago - GlobeNewsWire

Overlooked Stock: MGNI Rallies to 5-Year High on Price Target Hike

Rosenblatt sees new potential in Magnite (MGNI) after boosting its price target on the digital advertising company. George Tsilis talks about value the firm sees in Magnite compared to peers like Roku...

2 months ago - Schwab Network

Top 2 Tech And Telecom Stocks You May Want To Dump In June

As of June 26, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: BMBL
2 months ago - Benzinga

Magnite Integrates Anoki ContextIQ Platform and AI Copilot to Bring Scene Level Targeting to CTV

Magnite is first SSP to integrate ContextIQ to help bring contextual targeting and planning powered by multimodal AI to CTV advertising Magnite is first SSP to integrate ContextIQ to help bring contex...

3 months ago - GlobeNewsWire

Redfin and Magnite Join Forces to Give Advertisers Priority Access to Audience Targeting Across the Homebuying Journey

NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) --   Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage, has selected Magnite (NASDAQ: MGNI), the largest independent sell-side advertising com...

4 months ago - GlobeNewsWire

ITN and Magnite Launch First Programmatic Solution for Local Linear TV in the US Market

NEW YORK , May 8, 2025 /PRNewswire/ -- ITN , the leader in automated activation technology for local TV, and Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announ...

4 months ago - PRNewsWire

Magnite, Inc. (MGNI) Q1 2025 Earnings Call Transcript

Magnite, Inc. (NASDAQ:MGNI) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Nick Kormeluk - Head, Investor Relations Michael Barrett - Chief Executive Officer David Day -...

4 months ago - Seeking Alpha

Western Union Media Network Taps Magnite to Expand Advertising Capabilities

NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced an agreement with Western Union to support growth of the fin...

Other symbols: WU
5 months ago - GlobeNewsWire

Magnite to Announce First Quarter 2025 Financial Results on May 7, 2025

NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 20...

5 months ago - GlobeNewsWire

Magnite Successfully Completes Second Term Loan Repricing

Reduces Interest Rate by an Additional 75 Basis Points Over $2.7 M illion in Yearly Interest Payment Savings NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest in...

6 months ago - GlobeNewsWire

Magnite Is Back In My Buy Range

Magnite's growth in the connected television market and strategic partnerships have positioned it as a dominant supply side advertiser. Despite a recent dip in their share price, Magnite's earnings sh...

6 months ago - Seeking Alpha

Magnite Q4 Results: Lackluster Growth And Outlook Is Not Appealing Right Now

Magnite, Inc.'s Q4 revenue grew 3.8% y/y to $194m, beating estimates by $10m, but non-GAAP EPS missed by 5 cents. CTV segment showed strong growth at 22.6% y/y, while the Mobile and Desktop segments r...

6 months ago - Seeking Alpha