Magnite, Inc. (MGNI)
| Market Cap | 3.46B |
| Revenue (ttm) | 674.62M |
| Net Income (ttm) | 30.91M |
| Shares Out | 141.11M |
| EPS (ttm) | 0.21 |
| PE Ratio | 114.41 |
| Forward PE | 28.11 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,274,808 |
| Open | 24.90 |
| Previous Close | 24.67 |
| Day's Range | 24.46 - 25.27 |
| 52-Week Range | 8.22 - 25.27 |
| Beta | 2.91 |
| Analysts | Strong Buy |
| Price Target | 20.85 (-15.0%) |
| Earnings Date | Aug 6, 2025 |
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
Financial StatementsAnalyst Summary
According to 13 analysts, the average rating for MGNI stock is "Strong Buy." The 12-month stock price target is $20.85, which is a decrease of -15.00% from the latest price.
News
Overlooked Stock: MGNI Rallies to 5-Year High on Price Target Hike
Rosenblatt sees new potential in Magnite (MGNI) after boosting its price target on the digital advertising company. George Tsilis talks about value the firm sees in Magnite compared to peers like Roku...
Top 2 Tech And Telecom Stocks You May Want To Dump In June
As of June 26, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Magnite Integrates Anoki ContextIQ Platform and AI Copilot to Bring Scene Level Targeting to CTV
Magnite is first SSP to integrate ContextIQ to help bring contextual targeting and planning powered by multimodal AI to CTV advertising Magnite is first SSP to integrate ContextIQ to help bring contex...
Redfin and Magnite Join Forces to Give Advertisers Priority Access to Audience Targeting Across the Homebuying Journey
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage, has selected Magnite (NASDAQ: MGNI), the largest independent sell-side advertising com...
Magnite to Participate in Upcoming Financial Conferences
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate and host i...
ITN and Magnite Launch First Programmatic Solution for Local Linear TV in the US Market
NEW YORK , May 8, 2025 /PRNewswire/ -- ITN , the leader in automated activation technology for local TV, and Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announ...
Magnite, Inc. (MGNI) Q1 2025 Earnings Call Transcript
Magnite, Inc. (NASDAQ:MGNI) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Nick Kormeluk - Head, Investor Relations Michael Barrett - Chief Executive Officer David Day -...
Western Union Media Network Taps Magnite to Expand Advertising Capabilities
NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced an agreement with Western Union to support growth of the fin...
Magnite to Announce First Quarter 2025 Financial Results on May 7, 2025
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 20...
Magnite Successfully Completes Second Term Loan Repricing
Reduces Interest Rate by an Additional 75 Basis Points Over $2.7 M illion in Yearly Interest Payment Savings NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest in...
Magnite Is Back In My Buy Range
Magnite's growth in the connected television market and strategic partnerships have positioned it as a dominant supply side advertiser. Despite a recent dip in their share price, Magnite's earnings sh...
Magnite Q4 Results: Lackluster Growth And Outlook Is Not Appealing Right Now
Magnite, Inc.'s Q4 revenue grew 3.8% y/y to $194m, beating estimates by $10m, but non-GAAP EPS missed by 5 cents. CTV segment showed strong growth at 22.6% y/y, while the Mobile and Desktop segments r...
Magnite, Inc. (MGNI) Q4 2024 Earnings Call Transcript
Magnite, Inc. (NASDAQ:MGNI) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Nick Kormeluk - Head, Investor Relations Michael Barrett - Chief Executive Officer David...
Magnite to Participate in the Susquehanna Financial Group 14th Annual Technology Conference
NEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will host in-person invest...
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Magnite Partners With Sky New Zealand to Power Programmatic Advertising on Sky Sport Now
AUCKLAND, New Zealand, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, is working with Sky New Zealand to power programmatic advertisin...
Magnite Strengthens Partnership with Samsung Ads to Power Programmatic Advertising on Samsung TV Plus in Southeast Asia
Advertisers can now buy Samsung TV Plus inventory programmatically in Singapore, the Philippines, and Thailand through Magnite Advertisers can now buy Samsung TV Plus inventory programmatically in Sin...
FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion to Power Video Advertising on FIFA+ and FAST Channels Globally
Collaboration comes as FIFA+ continues to revolutionize and democratize the football streaming experience for fans across the globe Collaboration comes as FIFA+ continues to revolutionize and democrat...
AdGood Launches First-Ever Nonprofit CTV Platform at CES 2025
With the Support of Magnite and Others, AdGood Empowers Nonprofits to Achieve Fortune 500-level Advertising Impact on a Nonprofit Budget THOUSAND OAKS, Calif. , Jan. 7, 2025 /PRNewswire/ -- AdGood, a ...
Magnite: Capitalizing On CTV Tailwinds As The Leading SSP
Q3 results and guidance were strong, with the company also extending and expanding its deal with Disney. The outlook for next year looks promising, with a significant contribution from Netflix expecte...
Magnite to Participate in Needham Annual Growth Conference
NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will host in-person invest...
Magnite Promotes Sean Buckley to President, Revenue and Katie Evans to President, Operations
Promotions to Further Sharpen Company's Strategic Focus, Drive Momentum Promotions to Further Sharpen Company's Strategic Focus, Drive Momentum
LG Ad Solutions Renews Global Partnership with Magnite
Major OEM to leverage Magnite's Streaming SSP and SpringServe ad server to power programmatic execution of new ad formats Major OEM to leverage Magnite's Streaming SSP and SpringServe ad server to pow...
WeTV Partners With Magnite to Enhance Video Inventory Monetisation
BidLink solution within Magnite's SpringServe ad server to support WeTV in scaling programmatically BidLink solution within Magnite's SpringServe ad server to support WeTV in scaling programmatically
Magnite Empowers TCL's Ad-Supported Business with Streaming Technology Suite Integration
Leading consumer electronics brand to leverage Magnite's ad server and SSP to enhance the viewer experience and capture the full value of their inventory Leading consumer electronics brand to leverage...