Magnite, Inc. (MGNI)
| Market Cap | 4.15B |
| Revenue (ttm) | 246.05M |
| Net Income (ttm) | -56.63M |
| Shares Out | 115.30M |
| EPS (ttm) | -0.51 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | July 23 |
| Last Price | $32.19 |
| Previous Close | $30.85 |
| Change ($) | 1.34 |
| Change (%) | 4.34% |
| Day's Open | 31.51 |
| Day's Range | 31.06 - 32.55 |
| Day's Volume | 1,649,759 |
| 52-Week Range | 5.57 - 64.39 |
The long-term theses for these five companies are supported by recent events, making them timely investments.
Magnite (MGNI) closed at $33.19 in the latest trading session, marking a -0.93% move from the prior day.
LOS ANGELES, July 07, 2021 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended June 30, 2021 aft...
Gaming, advertising technology, and emerging markets could be providing investors with some great value.
Craig-Hallum analyst Jason Kreyer hailed Magnite Inc's (NASDAQ: MGNI) acquisition of video ad server SpringServe for $31 million. He reiterates a Buy rating and $50 price target on the stock.
Sell-side advertising platform Magnite Inc (NASDAQ: MGNI) acquired SpringServe, an ad serving platform for connected TV (CTV), for $31 million. SpringServe's technology manages multiple aspects of video...
Combination empowers CTV publishers with a tighter integration between direct and programmatic inventory
As of late, it has definitely been a great time to be an investor in Magnite, Inc. (MGNI).
Magnite and The Trade Desk get even more time to expand their high-growth CTV businesses.
Our theme of Digital Advertising Stocks - which includes digital ad platforms and ad technology players - has returned about 23% year-to-date, outperforming the broader Nasdaq-100, which is up by just a...
Both ad tech firms are growing, but one holds the edge as the superior investment.
Provides Media Owners with a Transparent, Scalable and Standardized Solution Based on Publisher First-Party Data Provides Media Owners with a Transparent, Scalable and Standardized Solution Based on Pub...
Magnite (MGNI) closed the most recent trading day at $36.83, moving +0.9% from the previous trading session.
Is (MGNI) Outperforming Other Computer and Technology Stocks This Year?
Magnite, Enterprise Products Partners, and Vizio are well-positioned to benefit from the structural tailwinds in a recovering economy.
Google pushes back its timeline for blocking third-party cookies in Chrome, giving the advertising industry more time to prepare for the changes.
Google's initiative to phase out support for third-party cookies has been delayed.
Magnite (MGNI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
You'll never believe whom these companies have to thank for their big gains.
This Israeli ad tech company deserves a second look.
Magnite and two other growth stocks deserve much more attention than Reddit's latest obsessions.
Magnite (MGNI) closed the most recent trading day at $30.98, moving -0.1% from the previous trading session.
The ad tech company is still firing on all cylinders.
Initiative will help CTV publishers reach a new class of first-time TV buyers that value data-driven capabilities and brand safety Initiative will help CTV publishers reach a new class of first-time TV ...
If analysts are correct, this assortment of rapidly growing companies could deliver big-time returns over the next year.
Worries about inflation might make some investors nervous, but not shareholders of these two up-and-comers.
Shares of the ad tech stock gained on an analyst upgrade.
One might think of the Marketing and Advertising industry as something akin to the “applied social sciences”. Psychology, sociology, anthropology all rolled into one.
The VOD platform will utilize Magnite's technology in the UK, France, Germany, Spain, Italy, the Nordics and Benelux The VOD platform will utilize Magnite's technology in the UK, France, Germany, Spain,...
LOS ANGELES, May 27, 2021 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, announced that Michael Barrett, President & Chief Executive Officer, will pa...
Appoints New Technology and Sales Leaders Effective July 1; Strengthens Ability To Serve Clients Across All Formats, Including CTV Appoints New Technology and Sales Leaders Effective July 1; Strengthens...
The media company will make its programmatic CTV, OLV and display inventory available to buyers via Magnite The media company will make its programmatic CTV, OLV and display inventory available to buyer...
The digital ads software leader for connected TV is growing fast after a recent acquisition.
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...
Conventional wisdom has concocted reasons to abandon these investments, but in each case, the market is missing the bigger picture.
These beaten-down stocks have what it takes to be big winners.
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...
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 42.53% from the latest price.