Magnite, Inc. (MGNI)
| Market Cap | 2.24B -1.2% |
| Revenue (ttm) | 722.55M +7.1% |
| Net Income | 158.66M +413.3% |
| EPS | 1.03 +386.4% |
| Shares Out | 143.22M |
| PE Ratio | 15.17 |
| Forward PE | 13.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,743,424 |
| Open | 15.57 |
| Previous Close | 15.81 |
| Day's Range | 15.25 - 15.92 |
| 52-Week Range | 10.82 - 26.65 |
| Beta | 2.31 |
| Analysts | Strong Buy |
| Price Target | 22.07 (+40.84%) |
| Earnings Date | May 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]
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 $22.07, which is an increase of 40.84% from the latest price.
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.
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...
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…
Magnite management to meet with Needham
Meeting to be held in Los Angeles on June 15 hosted by Needham.
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...
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...
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.
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...
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...
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...
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.
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…
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.
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…
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.
Magnite Slides: Q1 2026
Magnite has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 6, 2026.
Magnite Quarterly report: Q1 2026
Magnite has published its Q1 2026 quarterly earnings report on May 6, 2026.
Magnite Earnings release: Q1 2026
Magnite released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.
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), ...
Magnite management to meet virtually with B. Riley
Virtual Meeting to be held on May 7 hosted by B. Riley
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...
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...
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...
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...
Magnite Proxy statement: Proxy filing
Magnite filed a proxy statement on April 21, 2026, providing details for shareholder voting and corporate governance matters.