Magnite, Inc. (MGNI)
| Market Cap | 3.42B +1.4% |
| Revenue (ttm) | 742.04M +8.3% |
| Net Income | 166.89M +287.0% |
| EPS | 1.10 +285.7% |
| Shares Out | 143.42M |
| PE Ratio | 21.69 |
| Forward PE | 20.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,318,670 |
| Open | 24.55 |
| Previous Close | 24.53 |
| Day's Range | 23.77 - 24.87 |
| 52-Week Range | 10.82 - 26.65 |
| Beta | 2.27 |
| Analysts | Strong Buy |
| Price Target | 27.33 (+14.59%) |
| Earnings Date | Aug 5, 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 $27.33, which is an increase of 14.59% from the latest price.
News
Magnite Transcript: Rosenblatt's 6th Annual Technology Summit: The Age of AI (Part II)
Antitrust remedies could rapidly shift market share from Google, driving significant incremental earnings and benefiting from behavioral changes. CTV and programmatic growth are accelerating, with strong financial performance and a focus on innovation and capital returns.
Magnite Transcript: Bank of America SMID Cap Virtual Conference
Magnite has transformed into a programmatic CTV leader, expanding exclusive partnerships with major streaming and commerce media brands. AI-driven workflows and new product suites streamline ad buying, unlock new revenue streams, and enhance cost efficiency, focusing on growth, margin improvement, and market expansion.
Magnite Transcript: Technology Leadership Forum 2026
CTV growth accelerated to 36% with broad-based demand, while commerce media and exclusive data partnerships emerged as key growth drivers. Product innovation in agentic tools is streamlining workflows and accelerating campaign deployment, supporting margin expansion and robust financial performance.
Magnite to Participate in Upcoming Financial Conferences
NEW YORK, Aug. 07, 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 ...
Magnite price target raised to $27 from $17 at Scotiabank
Scotiabank raised the firm’s price target on Magnite (MGNI) to $27 from $17 and keeps an Outperform rating on the shares. The company delivered a strong quarter and is proving…
Magnite price target raised to $27 from $20 at B. Riley
B. Riley raised the firm’s price target on Magnite (MGNI) to $27 from $20 and keeps a Buy rating on the shares post the Q2 report. The company reported Q2…
Magnite price target raised to $25 from $22 at Lake Street
Lake Street raised the firm’s price target on Magnite (MGNI) to $25 from $22 and keeps a Buy rating on the shares. The firm has lifted its revenue and AEBITDA…
Magnite price target raised to $25 from $21 at Evercore ISI
Evercore ISI analyst Mark Mahaney raised the firm’s price target on Magnite (MGNI) to $25 from $21 and keeps an Outperform rating on the shares.
Magnite price target raised to $33 from $30 at Benchmark
Benchmark raised the firm’s price target on Magnite (MGNI) to $33 from $30 and keeps a Buy rating on the shares.
Magnite price target raised to $40 from $39 at Rosenblatt
Rosenblatt raised the firm’s price target on Magnite (MGNI) to $40 from $39 and keeps a Buy rating on the shares following the company’s “beat and raise” Q2 report. Published…
Magnite price target raised to $30 from $22 at Susquehanna
Susquehanna raised the firm’s price target on Magnite (MGNI) to $30 from $22 and keeps a Positive rating on the shares. The firm said accelerating CTV growth continues to impress…
Magnite price target raised to $27 from $20 at RBC Capital
RBC Capital analyst Matthew Swanson raised the firm’s price target on Magnite (MGNI) to $27 from $20 and keeps an Outperform rating on the shares.
Magnite price target raised to $27 from $20 at BTIG
BTIG raised the firm’s price target on Magnite (MGNI) to $27 from $20 and keeps a Buy rating on the shares. Magnite delivered a strong Q2 beat-and-raise quarter, with accelerating…
Magnite reports Q2 EPS 26c, consensus 26c
Reports Q2 revenue $192.8M, consensus $179.3M. “We significantly beat consensus expectations on both the top and bottom line in the second quarter, driven by outperformance in CTV-which grew 36% year-...
Magnite ups FY26 adjusted EBITDA view to greater than up 20% from up mid-teens
Raises FY26 free cash flow view to up high 40% range from up mid 30% range.
Magnite Earnings Call Transcript: Q2 2026
Q2 2026 results exceeded expectations with 17% Contribution ex-TAC growth and 36% CTV growth, driven by broad-based programmatic adoption and international expansion. AI and agentic initiatives are positioned as future growth drivers, and guidance for the year was raised across key metrics.
Magnite Earnings release: Q2 2026
Magnite released its Q2 2026 earnings on August 5, 2026, summarizing the period's financial results.
Magnite Quarterly report: Q2 2026
Magnite has published its Q2 2026 quarterly earnings report on August 5, 2026.
Magnite Slides: Q2 2026
Magnite has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 5, 2026.
Magnite Reports Second Quarter 2026 Results
Contribution ex-TAC (1) Grows 17% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 36% Year-Over-Year Adjusted EBITDA (1) Grows 30% Year-Over-Year Adjusted EBITDA Margin (2) of 37% in Second Quar...
Business Insider Launches Standalone FAST Channel, Partners with Magnite's SpringServe for Next Phase of Streaming Growth
NEW YORK, July 21, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced that Business Insider has selected its SpringServe video platf...
Magnite price target raised to $21 from $15 at Wells Fargo
Wells Fargo raised the firm’s price target on Magnite (MGNI) to $21 from $15 and keeps an Equal Weight rating on the shares. The firm’s Q2 checks indicated that longer…
Magnite to Announce Second Quarter 2026 Financial Results on August 5, 2026
NEW YORK, July 08, 2026 (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...
Magnite Transcript: Fireside chat
AI-driven agentic tools and supply-side decisioning are transforming advertising, with streaming and CTV attracting new entrants and outcome-based models gaining traction. Industry leaders anticipate more open ecosystems, rapid innovation, and the entry of major AI players in the near future.
Magnite announces partnership with ViaSat
Magnite (MGNI) announced a partnership with Viasat Aviation (VSAT), the in-flight connectivity platform behind Viasat Ads. This collaboration brings programmatic advertising to in-flight Wi-Fi and ent...