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Magnite (MGNI)
NASDAQ:MGNI
MGNI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$8.38 - $21.29
Previous CloseN/A
Volume561.18K
Average Volume (3M)3.30M
Market Cap
$1.90B
Enterprise Value$2.29B
Total Cash (Recent Filing)$483.22M
Total Debt (Recent Filing)$58.71M
Price to Earnings (P/E)95.9
Beta1.89
Next Earnings
May 07, 2025EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.14
Shares Outstanding142,951,370
10 Day Avg. Volume2,860,480
30 Day Avg. Volume3,296,369
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.85
Price to Cash Flow (P/CF)4.10
P/FCF Ratio3.50
Enterprise Value/Market Cap1.20
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.60
Enterprise Value/Ebitda20.59
Forecast
1Y Price Target
$20.55Price Target Upside54.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
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Bulls Say, Bears Say
Bulls Say
CTV GrowthCTV revenues grew 23% year-over-year in the fourth quarter, indicating strong growth in this segment.
Financial StabilityNet leverage decreased significantly, indicating improved financial stability.
Market PositionMagnite continues to take overall market share despite industry commentary suggesting otherwise.
Bears Say
Demand WeaknessMagnite experienced weak post-election demand in its DV+ segment, leading to a 15%-20% decline in CPMs across all demand side platforms.
Financial PerformanceMagnite reported Q4 Contribution ex-TAC of $180.2 million, which was below the consensus of $184.1 million and guidance of $182.0 million to $186.0 million.
Market SentimentSoft Trade desk results plus the recent market sell-off have tempered both enthusiasm and the share price.
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Ownership Overview
3.06% Insiders
25.84% Mutual Funds
30.46% Other Institutional Investors
25.12% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MGNI FAQ
What was Magnite’s price range in the past 12 months?
Magnite lowest stock price was $8.38 and its highest was $21.29 in the past 12 months.
What is Magnite’s market cap?
Magnite’s market cap is $1.90B.
When is Magnite’s upcoming earnings report date?
Magnite’s upcoming earnings report date is May 07, 2025 which is in 43 days.
How were Magnite’s earnings last quarter?
Magnite released its earnings results on Feb 26, 2025. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.362 by -$0.022.
Is Magnite overvalued?
According to Wall Street analysts Magnite’s price is currently Undervalued.
Does Magnite pay dividends?
Magnite does not currently pay dividends.
What is Magnite’s EPS estimate?
Magnite’s EPS estimate is 0.07.
How many shares outstanding does Magnite have?
Magnite has 142,951,370 shares outstanding.
What happened to Magnite’s price movement after its last earnings report?
Magnite reported an EPS of $0.34 in its last earnings report, missing expectations of $0.362. Following the earnings report the stock price went down -1.839%.
Which hedge fund is a major shareholder of Magnite?
Currently, no hedge funds are holding shares in MGNI
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Magnite Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$20.55 (54.74% Upside)
$20.55 (54.74% Upside)
Blogger Sentiment
Bullish
MGNI Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 256.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $100.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 2.5%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.94%
12-Months-Change
Fundamentals
Return on Equity
3.10%
Trailing 12-Months
Asset Growth
6.17%
Trailing 12-Months
Company Description
Magnite
Magnite, Inc. operates an independent 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 provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. 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. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
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MGNI Company Deck
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MGNI Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
Magnite's earnings call showed a strong financial performance and promising growth in CTV, supported by successful partnerships and technological advancements. However, the unexpected underperformance in the DV+ segment due to post-election demand drops presents a notable challenge. Despite this, the overall outlook remains optimistic with strategic initiatives aimed at driving further growth.Read More>---
MGNI Stock 12 Month Forecast
Average Price Target
$20.55
▲(54.74% Upside)
Technical Analysis
Best Analysts Covering MGNI
1 Year
1 Year Success Rate
25/42 ratings generated profit
1 Year Average Return
+25.26%
reiterated a buy rating 9 days ago
Copying Jason Kreyer's trades and holding each position for 1 Year would result in 59.52% of your transactions generating a profit, with an average return of +25.26% per trade.
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