Magnite, Inc. (MGNI)

NASDAQ: MGNI · Real-Time Price · USD
15.67
-0.14 (-0.89%)
At close: Jun 10, 2026, 4:00 PM EDT
15.75
+0.08 (0.51%)
Pre-market: Jun 11, 2026, 8:51 AM EDT
Market Cap2.24B -1.2%
Revenue (ttm)722.55M +7.1%
Net Income158.66M +413.3%
EPS1.03 +386.4%
Shares Out 143.22M
PE Ratio15.17
Forward PE13.66
Dividendn/a
Ex-Dividend Daten/a
Volume2,743,424
Open15.57
Previous Close15.81
Day's Range15.25 - 15.92
52-Week Range10.82 - 26.65
Beta2.31
AnalystsStrong Buy
Price Target22.07 (+40.84%)
Earnings DateMay 6, 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]

Founded 2007
Employees 971
Stock Exchange NASDAQ
Ticker Symbol MGNI
Full Company Profile

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 Statements

Analyst Summary

According to 15 analysts, the average rating for MGNI stock is "Strong Buy." The 12-month stock price target is $22.07, which is an increase of 40.84% from the latest price.

Price Target
$22.07
(40.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

Other symbols: TEAD
1 hour ago - GlobeNewsWire

Introducing Magnite Orchestration: Powering the Future of Agentic Advertising

NEW YORK, June 11, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced the launch of Magnite Orchestration, a coordination layer that...

1 hour ago - GlobeNewsWire

Magnite initiated with a Buy at BTIG

BTIG initiated coverage of Magnite (MGNI) with a Buy rating and $20 price target The company is the connected TV advertising technology market leader following years of a multi-year acquisition…

2 days ago - TheFly

Magnite management to meet with Needham

Meeting to be held in Los Angeles on June 15 hosted by Needham.

2 days ago - TheFly

Magnite announces expanded partnership with JioHotstar

Magnite (MGNI) announced an expanded partnership with JioHotstar. As part of the collaboration, JioHotstar is leveraging Magnite’s SpringServe to power advanced mediation across JioHotstar’s live stre...

7 days ago - TheFly

JioHotstar Deepens Partnership with Magnite to Advance Programmatic Monetisation and Mediation Across Live Sports and Entertainment Portfolio

MUMBAI, India, June 04, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI) and its affiliates, together the largest independent sell-side advertising company, announced an expanded partnership with JioHot...

7 days ago - GlobeNewsWire

Magnite Transcript: 2026 Evercore Global TMT Conference

Key partnerships with VIZIO/Walmart and Dentsu drive data enablement and agency marketplace growth. Agentic automation and AI tools boost productivity and margins. CTV programmatic adoption accelerates, managed service declines, and regulatory changes could unlock market share. Margin expansion is supported by tech stack savings and disciplined capital allocation.

7 days ago - Transcripts

Magnite announces partnership with dentsu in Sweden

Magnite (MGNI) has announced a partnership with dentsu in Sweden to help accelerate innovation and performance across the media supply chain. This builds on the companies’ existing EMEA partnership wh...

8 days ago - TheFly

Dentsu extends Magnite partnership to streamline CTV activation across Sweden

Collaboration builds on existing partnership in EMEA to support more intelligent, efficient and transparent CTV activation across premium inventory Collaboration builds on existing partnership in EMEA...

8 days ago - GlobeNewsWire

RBC views expanded Walmart partnership as positive for Magnite

RBC Capital keeps an Outperform rating on Magnite (MGNI) with a $20 price target after Walmart Connect announced an expanded data offering, which included an expanded partnership with Magnite. Walmart...

13 days ago - TheFly

Magnite Transcript: 21st Annual Needham Technology, Media, & Consumer Conference

The discussion highlighted strategic investments in AI, the shift of commerce media to the sell-side, and the growing importance of streaming and live sports. AI is driving operational efficiency and product innovation, while proprietary data and integrated tech stacks are strengthening competitive positioning.

4 weeks ago - Transcripts

Magnite price target lowered to $20 from $23 at RBC Capital

RBC Capital lowered the firm’s price target on Magnite (MGNI) to $20 from $23 and keeps an Outperform rating on the shares. The company reported a solid Q1 result, with…

4 weeks ago - TheFly

Magnite price target raised to $21 from $20 at Evercore ISI

Evercore ISI analyst Mark Mahaney raised the firm’s price target on Magnite (MGNI) to $21 from $20 and keeps an Outperform rating on the shares.

4 weeks ago - TheFly

Magnite reports Q1 EPS 13c, consensus 11c

Reports Q1 revenue $164.37M, consensus $159.06M. “Magnite (MGNI) once again exceeded total top and bottom line expectations, with growth paced by CTV at 30%. Our CTV success is broad based…

5 weeks ago - TheFly

Magnite Earnings Call Transcript: Q1 2026

Q1 2026 exceeded expectations with 10% contribution ex-TAC growth, 30% CTV surge, and margin expansion. Guidance for Q2 and full year remains strong, with AI, commerce media, and live sports as growth drivers. CFO transition and aggressive share repurchases underway.

5 weeks ago - Transcripts

Magnite Slides: Q1 2026

Magnite has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.

5 weeks ago - Filings

Magnite Quarterly report: Q1 2026

Magnite has published its Q1 2026 quarterly earnings report on May 6, 2026.

5 weeks ago - Filings

Magnite Earnings release: Q1 2026

Magnite released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

5 weeks ago - Filings

Magnite Reports First Quarter 2026 Results

Contribution ex-TAC (1) Grows 10% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 30% Year-Over-Year and Now Over 50% of Total NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), ...

5 weeks ago - GlobeNewsWire

Magnite management to meet virtually with B. Riley

Virtual Meeting to be held on May 7 hosted by B. Riley

5 weeks ago - TheFly

Magnite to Participate in Upcoming Financial Conferences

NEW YORK, April 30, 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...

5 weeks ago - GlobeNewsWire

Magnite unveils AI-powered intelligent assistance, agentic capabilities

Magnite (MGNI) earlier announced a major expansion of AI capabilities to enhance human decision-making for both media owners and buyers. As complexity grows across premium CTV and other media environm...

Other symbols: DIS
6 weeks ago - TheFly

Magnite selected by Hearst News as a preferred deal partner

Magnite (MGNI) announced that Hearst News has selected Magnite as a preferred deal partner for high-impact advertising formats across web and CTV inventory. “This expanded collaboration brings togethe...

7 weeks ago - TheFly

Hearst News Selects Magnite as Preferred Deal Partner for High-Impact Formats Across Web and CTV Supply, Announces SpringServe Partnership

NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced that Hearst News has selected Magnite as a preferred deal par...

7 weeks ago - GlobeNewsWire

Magnite Proxy statement: Proxy filing

Magnite filed a proxy statement on April 21, 2026, providing details for shareholder voting and corporate governance matters.

7 weeks ago - Filings