Magnite, Inc. (MGNI)
| Market Cap | 3.93B +60.1% |
| Revenue (ttm) | 766.75M +9.1% |
| Net Income | 180.84M +211.9% |
| EPS | 1.20 +215.7% |
| Shares Out | 143.56M |
| PE Ratio | 22.87 |
| Forward PE | 21.89 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,661,848 |
| Open | 27.25 |
| Previous Close | 27.52 |
| Day's Range | 26.67 - 27.97 |
| 52-Week Range | 10.82 - 28.17 |
| Beta | 2.39 |
| Analysts | Strong Buy |
| Price Target | 31.33 (+14.39%) |
| Earnings Date | 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 $31.33, which is an increase of 14.39% from the latest price.
News
Magnite price target raised to $33 from $25 at Evercore ISI
Evercore ISI raised the firm’s price target on Magnite (MGNI) to $33 from $25 and keeps an Outperform rating on the shares. The company reported its a second consecutive “beat-and-raise”…
Magnite price target raised to $30 from $27 at Scotiabank
Scotiabank raised the firm’s price target on Magnite (MGNI) to $30 from $27 and keeps an Outperform rating on the shares. The firm called Q3 a “great quarter” for the…
Magnite price target raised to $32 from $30 at B. Riley
B. Riley analyst Naved Khan raised the firm’s price target on Magnite (MGNI) to $32 from $30 and keeps a Buy rating on the shares. The company delivered a significant…
Magnite price target raised to $29 from $25 at Lake Street
Lake Street raised the firm’s price target on Magnite (MGNI) to $29 from $25 and keeps a Buy rating on the shares. The firm lifted revenue and AEBITDA forecasts for…
Magnite price target raised to $44 from $43 at StoneX
StoneX analyst Daniel Kurnos raised the firm’s price target on Magnite (MGNI) to $44 from $43 and keeps a Buy rating on the shares.
Magnite price target raised to $35 from $30 at Susquehanna
Susquehanna raised the firm’s price target on Magnite (MGNI) to $35 from $30 and keeps a Positive rating on the shares. The firm said the company continues to fire on…
Magnite sees Q4 total contribution ex-TAC of $227M-$233M
Sees Q4 contribution ex-TAC attributable to CTV to be between $124M-$127M and contribution ex-TAC attributable to DV+ to be between $103M-$106M.
Magnite raises FY26 total contribution ex-TAC growth view to up 17%
For FY26, raising total Contribution ex-TAC growth to be approximately 17%, up from 13% to 14%; Raising Adjusted EBITDA percentage growth to be approximately 30%, from greater than 20%; Raising…
Magnite sees FY27 top-line growth, excluding political, accelerating over 2026
Full-Year 2027 expectations include: Top-line growth, excluding political, accelerating over 2026; Total top-line growth of over 15%, excluding political and not including upside from Google remedies,...
Magnite reports Q3 EPS 33c, consensus 28c
Reports Q revenue $204.2M, consensus $190.62M. “We delivered a very strong quarter, with the top line growing 20%, driven by CTV growing 39% and DV+ growing 5%, both significantly exceeding…
Magnite Earnings Call Transcript: Q3 2026
Q3 revenue rose 14% and contribution ex-TAC grew 20%, led by 39% CTV growth and strong DV+. FY26 targets were raised, with 2027 growth momentum expected to continue; political revenue and uncertain market conditions remain key considerations.
Magnite Earnings release: Q3 2026
Magnite released its Q3 2026 earnings on November 4, 2026, summarizing the period's financial results.
Magnite Quarterly report: Q3 2026
Magnite has published its Q3 2026 quarterly earnings report on November 4, 2026.
Magnite Slides: Q3 2026
Magnite has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 4, 2026.
Magnite Reports Third Quarter 2026 Results
Contribution ex-TAC (1) Grows 20% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 39% Year-Over-Year Adjusted EBITDA (1) Grows 46% Year-Over-Year Adjusted EBITDA Margin (2) of 42% in Third Quart...
OpenAI partners with Magnite, PubMatic on ChatGPT ads, The Information reports
OpenAI has partnered with Magnite (MGNI) and PubMatic (PUBM) to help advertisers buy and manage ChatGPT ad inventory through existing ad tech platforms, expanding its advertising ecosystem, The Inform...
Magnite to Participate in Upcoming Financial Conferences
NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate in the fo...
Magnite, LG Ad Solutions announce three-year extension
Magnite (MGNI) and LG Ad Solutions announced a three-year extension of their partnership, with Magnite’s SpringServe continuing as LG Ad Solutions’ exclusive CTV video ad server and Magnite as a…
LG Ad Solutions and Magnite Expand Partnership to Advance Agentic Buying on the Home Screen
NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, and LG Ad Solutions today announced a three-year extension of their partnersh...
Magnite Successfully Completes Term Loan and Revolving Credit Facility Repricing
Reduces Term Loan B Interest Rate by an Additional 50 Basis Points Generates Approximately $1.8 Million in Annualized Interest Savings NEW YORK, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGN...
Magnite to Announce Third Quarter 2026 Financial Results on November 4, 2026
NEW YORK, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the third quarter ended September 30,...
Magnite price target raised to $38 from $25 at BofA
BofA raised the firm’s price target on Magnite (MGNI) to $38 from $25 and keeps a Buy rating on the shares. The growth outlook has improved “considerably” because remedies proposed…
Magnite management to meet with Rosenblatt
Meeting to be held in San Francisco on September 30 hosted by Rosenblatt.Webcast Link
Magnite management to meet with Rosenblatt
Internet Media Analyst Crockett holds meetings with management on September 29 hosted by RosenblattWebcast Link
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...