Magnite, Inc. (MGNI)
| Market Cap | 3.22B |
| Revenue (ttm) | 246.05M |
| Net Income (ttm) | -56.63M |
| Shares Out | 115.30M |
| EPS (ttm) | -0.47 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | May 14 |
| Last Price | $24.99 |
| Previous Close | $24.53 |
| Change ($) | 0.46 |
| Change (%) | 1.88% |
| Day's Open | 25.01 |
| Day's Range | 24.53 - 25.52 |
| Day's Volume | 3,677,978 |
| 52-Week Range | 4.94 - 64.39 |
LOS ANGELES, May 14, 2021 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, announced that Michael Barrett, President & Chief Executive Officer, will pa...
TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising platform, today announced the expansion of its preferred partner relationship with dentsu ...
Its first-quarter results were what everyone expected, but Wall Street is growing more pessimistic in its outlook on stocks.
Magnite Total Revenue of $60.7 million for Q1, up 67% Year over Year
A disappointing earnings report from The Trade Desk pulled down its ad tech peers.
Is programmatic advertising falling out of favor?
Magnite's (MGNI) Q1 performance is likely to have gained from strength in the CTV business on traction in ad-supported programmatic CTV and expanded Demand Manager offering.
Creates Largest Independent CTV & Video Ad Platform; Clients Include A+E Networks, AMC Networks, Crackle, Discovery, FOX, fuboTV, LG, Roku, Samsung, Sling TV, Vizio Creates Largest Independent CTV & Vid...
Magnite (MGNI) closed at $40.99 in the latest trading session, marking a -0.75% move from the prior day.
Nearly 60% of those surveyed more likely to consider a travel brand advertised on CTV than on traditional TV Nearly 60% of those surveyed more likely to consider a travel brand advertised on CTV than on...
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Magnite (MGNI) closed the most recent trading day at $36.32, moving +0.58% from the previous trading session.
Magnite's “CTV in LATAM: The Future Forward” study explores the evolving consumer attitudes and consumption trends around connected TV across Latin America Magnite's “CTV in LATAM: The Future Forward” s...
Magnite (MGNI) closed at $39.50 in the latest trading session, marking a -0.28% move from the prior day.
In environments that disallow third party cookies such as Firefox and Safari, eCPMs increased more than 30% when first party identifiers were utilized In environments that disallow third party cookies s...
LOS ANGELES, April 14, 2021 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended March 31, 2021 a...
Magnite Inc (NASDAQ: MGNI) priced and syndicated a 7-year $360 million senior secured term loan B and a 5-year $52.5 million senior secured revolving credit facility. The offering proceeds of the Term L...
LOS ANGELES, April 05, 2021 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI) today announced that it has reached agreement in principle on pricing and syndication for a 7-year $360 million senior secured term...
In the latest trading session, Magnite (MGNI) closed at $40.91, marking a +0.49% move from the previous day.
SINGAPORE--(BUSINESS WIRE)--Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, today announced a new, state of the art data center facility in Singapore, unifying its footpr...
The advertising industry is somewhere in the process of an important punctuated evolutionary transition, something like what life on Earth went through 65 million years ago after a big rock crashed into...
LOS ANGELES--(BUSINESS WIRE)--Magnite (Nasdaq: MGNI) today announced that it has closed its offering of $400 million aggregate principal amount of 0.25% convertible senior notes due 2026 (the “notes”), ...
These seven companies are ones that investors believe may be impacted in some way from the recent changes announced by ad giant Google. The post 7 Stocks To Avoid That Remain at the Mercy of Google appe...
LOS ANGELES--(BUSINESS WIRE)--Magnite (Nasdaq: MGNI) today announced the pricing of $350 million aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private placement to q...
Independent sell-side advertising platform Magnite Inc (NASDAQ: MGNI) announced its intention to offer $350 million convertible senior notes due 2026 in a private institutional offering. Initial purchas...
LOS ANGELES--(BUSINESS WIRE)--Magnite Convert Offering PR
After a healthy downturn, these tech stocks look poised to continue running higher in the years ahead.
Programmatic advertising stocks were slammed in the wake of Google's announcement, but don't be fooled.
MGNI stock roared ahead last year, but a pullback in the price offers a chance to own a piece of a company with outstanding revenues. The post Get Connected to the Smart TV Revolution With Magnite Stock...
Big tech is under pressure. These growth stocks offer attractive alternatives.
The Ad industry is rapidly evolving before our eyes. But evolution is nothing new to the space.
Google really is killing third-party browser cookies, and the company also expects most workarounds to fail in the long run.
The ad tech company soared on a key acquisition.
NEW YORK--(BUSINESS WIRE)--Magnite (NASDAQ: MGNI), the world's largest independent omnichannel sell-side advertising platform, released its “CTV: The Future Forward” report. The study of 10,500 consumer...
A new dynamic trio is emerging as the dominant players in video advertising, and it includes Magnite.
It seems shareholders are taking some profits off the table after an incredible year, but there are still reasons to be optimistic about the company's future.
Magnite's (MGNI) Q4 performance reflects solid top-line growth on strength across the CTV business driven by higher cord cutting and growing momentum of ad-supported programmatic CTV.
LOS ANGELES--(BUSINESS WIRE)--Magnite Reports Fourth Quarter 2020 Results
Magnite's (MGNI) Q4 performance likely to have gained from strength in the CTV business on growing traction of ad-supported programmatic CTV.
Not everyone thinks so.
The Advertising industry is in a crisis. TV commercials are cratering in value, despite the billions spent per year on a product everyone fast-forwards through.
The ad-tech company's stock has soared, but is it still a worthy investment?
The sell-side digital ad platform just got a LOT bigger.
The company is doubling down on internet-based video and could be the best way to play the streaming TV frenzy.
Is (MGNI) Outperforming Other Computer and Technology Stocks This Year?
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About MGNI
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's advertising platform enables publishers to monetize various screens and formats, including CTV, desktop display, video, audio, and mobile, as well as allows agencies and brands to access brand-safe ad inventory and execute advertising transactions. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc.... [Read more...]
| Industry Advertising Agencies | |
| CEO Michael Barrett | Employees 569 |
| Stock Exchange NASDAQ | Ticker Symbol MGNI |
Financial Performance
In 2020, Magnite's revenue was $221.63 million, an increase of 41.69% compared to the previous year's $156.41 million. Losses were -$53.43 million, 109.7% more than in 2019.
Analyst Forecasts
According to 5 analysts, the average rating for Magnite stock is "Strong Buy." The 12-month stock price forecast is 45.88, which is an increase of 83.59% from the latest price.