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Magnite, Inc. (MGNI)

Stock Price: $38.58 USD 1.53 (4.13%)
Updated Jan 26, 2021 1:43 PM EST - Market open
Market Cap 4.49B
Revenue (ttm) 188.11M
Net Income (ttm) -57.80M
Shares Out 110.42M
EPS (ttm) -0.60
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day January 26
Last Price $38.58
Previous Close $37.05
Change ($) 1.53
Change (%) 4.13%
Day's Open 37.48
Day's Range 37.35 - 39.55
Day's Volume 2,541,241
52-Week Range 4.15 - 40.08

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The Motley Fool - 22 hours ago

Truist Securities downgrades the advertising tech specialist to hold.

The Motley Fool - 3 days ago

Craig-Hallum boosted its price target on the ad tech specialist.

The Motley Fool - 3 days ago

There's still a deep divide between two different kinds of stocks.

Other stocks mentioned: CSX
Seeking Alpha - 3 days ago

Connected TV represents a huge opportunity for targeted digital advertising that is just getting started. Magnite's 2020 acquisition of Telaria adds connected TV to its sell-side platform for ...

Investopedia - 3 days ago

Magnite (MGNI) shares moved sharply higher after Craig-Hallum reiterated its Buy rating and nearly doubled its price target to $45.

Newsfile Corp - 4 days ago

New York, New York--(Newsfile Corp. - January 21, 2021) - Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders...

Other stocks mentioned: RUBI, TLRA
Business Wire - 5 days ago

LOS ANGELES--(BUSINESS WIRE)--Magnite (Nasdaq: MGNI), the largest independent sell-side advertising platform, will announce its financial results for the quarter ended December 31, 2020 after ...

Seeking Alpha - 1 week ago

Magnite is the world's largest independent supply-side advertising platform which has been created from the merger between the Rubicon Project and Telaria. The Connected TV (CTV) platform is t...

The Motley Fool - 1 week ago

Bullish sentiment abounds, but the stock lacks a clear catalyst today.

PRNewsWire - 1 week ago

LOS ANGELES, Jan. 13, 2021 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Magnite, Inc....

Other stocks mentioned: TLRA
Newsfile Corp - 1 week ago

San Francisco, California--(Newsfile Corp. - January 12, 2021) -  Hagens Berman notifies investors in Magnite, Inc. (NASDAQ: MGNI) of the firm's investigation into possible securities law viol...

Newsfile Corp - 2 weeks ago

New York, New York--(Newsfile Corp. - January 11, 2021) - Pomerantz LLP is investigating claims on behalf of investors of Magnite, Inc. ("Magnite" or the "Company") (NASDAQ: MGNI). Such invest...

Business Wire - 2 weeks ago

NEW YORK--(BUSINESS WIRE)-- #ClassAction--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Magnite, Inc. (NASDAQ: MGN...

Business Wire - 2 weeks ago

LOS ANGELES--(BUSINESS WIRE)---- $MGNI #MGNI--INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Magnite, Inc.

PRNewsWire - 2 weeks ago

NEW YORK, Jan. 9, 2021 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Magnite, Inc. (...

Other stocks mentioned: RUBI, TLRA
Business Wire - 2 weeks ago

LOS ANGELES--(BUSINESS WIRE)---- $MGNI #MGNI--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Magnite, Inc.

Business Wire - 2 weeks ago

BENSALEM, Pa.--(BUSINESS WIRE)---- $MGNI #CLASSACTION--INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Magnite, Inc. (MGNI) on Behalf of Investors

Business Wire - 2 weeks ago

LOS ANGELES--(BUSINESS WIRE)---- $MGNI #investors--The Law Offices of Frank R. Cruz Announces Investigation of Magnite, Inc. (MGNI) on Behalf of Investors

Business Wire - 2 weeks ago

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Magnite, Inc. (NASDAQ: MGNI...

Other stocks mentioned: RUBI, TLRA
Business Wire - 2 weeks ago

LOS ANGELES--(BUSINESS WIRE)---- $MGNI #CLASSACTION--Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Magnite, Inc. (MGNI) on Behalf of Investors

PRNewsWire - 2 weeks ago

NEW YORK, Jan. 7, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Magnite, Inc. ("Magnite" or the "Company") (NASDAQ: MGNI). Such investors are advised to ...

PRNewsWire - 2 weeks ago

SAN FRANCISCO, Jan. 7, 2021 /PRNewswire/ -- Hagens Berman notifies investors in Magnite, Inc. (NASDAQ: MGNI) of the firm's investigation into possible securities law violations. Magnite invest...

PRNewsWire - 2 weeks ago

NEW YORK, Jan. 7, 2021 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating potential claims against Magnite, Inc. ("Magnite" or the "Company") (Nasdaq: MGNI) for v...

The Motley Fool - 2 weeks ago

The programmatic advertiser has been hit by a short attack.

PRNewsWire - 2 weeks ago

NEW YORK, Jan. 7, 2021 /PRNewswire/ -- Spruce Point Capital Management, LLC ("Spruce Point" or "we" or "us"), a New York-based investment management firm that focuses on forensic research and ...

The Motley Fool - 2 weeks ago

The ad-tech platform still has a bright future.

Business Wire - 3 weeks ago

LOS ANGELES--(BUSINESS WIRE)--Magnite Alert for 2021 Needham Growth Conference Fireside Chat

The Motley Fool - 3 weeks ago

Shares of the advertising technology company jumped as analysts hopped on the bandwagon.

The Motley Fool - 4 weeks ago

It's run even more in December.

The Motley Fool - 1 month ago

Tech stocks had a huge year in 2020, and the run could continue for some of them.

Other stocks mentioned: DELL, ROKU
The Motley Fool - 1 month ago

This ad-tech company has been growing on both analysts and investors.

Zacks Investment Research - 1 month ago

Investors need to pay close attention to Magnite (MGNI) stock based on the movements in the options market lately.

The Motley Fool - 1 month ago

One analyst is 67% more bullish this month than last month.

The Motley Fool - 1 month ago

With just a $2 billion market cap, this small company in the digital ad space has all the makings of a major player in the years to come.

The Motley Fool - 1 month ago

These stocks have been on fire in 2020, but the party's just getting started.

Other stocks mentioned: AAPL, GOOGL
The Motley Fool - 1 month ago

The stock market coasted into the weekend with modest losses.

Other stocks mentioned: CRWD
The Motley Fool - 1 month ago

Susquehanna initiates bullish coverage on the advertising tech specialist.

The Motley Fool - 1 month ago

Not every connected TV stock will be able to take advantage of the biggest trend in media today.

Other stocks mentioned: LLNW
The Motley Fool - 1 month ago

Cloud computing growth will be far from over when the pandemic ends.

Other stocks mentioned: IBM, VEEV
InvestorPlace - 1 month ago

With digital streaming channels attracting more users, the ad dollars will soon follow. These are the streaming stocks to buy.

Other stocks mentioned: FUBO, ROKU, TTD
The Motley Fool - 1 month ago

Nearly 200 stocks with market caps greater than $1 billion have doubled in 2020. Let's take a look at some that can do it again next year.

Other stocks mentioned: FRPT, SE
Business Wire - 1 month ago

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Magnite (NASDAQ: MGNI), the world's largest independent omnichannel sell-side advertising platform, today announced that Crackle Plus, a Chicken Soup f...

Other stocks mentioned: CSSE
The Motley Fool - 1 month ago

This growth story is starting to turn heads on Wall Street.

The Motley Fool - 1 month ago

Sometimes the best place to look for a stock that's a double in the making is to look at those that have already achieved this high benchmark.

Other stocks mentioned: APPN, SE
Zacks Investment Research - 1 month ago

Magnite (MGNI) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

The Motley Fool - 2 months ago

Shares are surging as investors hope for a bright 2021 from this advertising platform.

The Motley Fool - 2 months ago

The advertising tech company gets a vote of confidence from Wall Street.

The Motley Fool - 2 months ago

Apple is upending the ad tracking industry. Disruption opens the door for new leaders to take advantage.

Other stocks mentioned: ADBE, CRM, RAMP, TTD
The Motley Fool - 2 months ago

It turns out being the biggest player in your space has its perks.

Business Wire - 2 months ago

NEW YORK & LOS ANGELES--(BUSINESS WIRE)--Magnite (NASDAQ: MGNI), the world's largest independent omnichannel sell-side advertising platform, announced that its total connected TV (CTV) revenue...

About MGNI

Magnite operates an independent sell-side advertising platform in the United States and internationally. Its omnichannel advertising platform enables publishers to monetize various auction types 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. The company is based in Los Angeles, California.

Industry
Advertising Agencies
CEO
Michael Barrett
Employees
444
Stock Exchange
NASDAQ
Ticker Symbol
MGNI
Full Company Profile

Financial Performance

In 2019, Magnite's revenue was $156.41 million, an increase of 25.45% compared to the previous year's $124.69 million. Losses were -$25.48 million, -58.79% less than in 2018.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for Magnite stock is "Strong Buy." The 12-month stock price forecast is 24.71, which is a decrease of -35.95% from the latest price.

Price Target
$24.71
(-35.95% downside)
Analyst Consensus: Strong Buy