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Magnite (MGNI)
NASDAQ:MGNI
MGNI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$8.22 - $25.27
Previous CloseN/A
Volume561.18K
Average Volume (3M)2.84M
Market Cap
$3.18B
Enterprise Value$362.96M
Total Cash (Recent Filing)$429.71M
Total Debt (Recent Filing)$616.56M
Price to Earnings (P/E)113.8
Beta1.93
Next Earnings
Aug 06, 2025EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.12
Shares Outstanding141,110,570
10 Day Avg. Volume3,887,183
30 Day Avg. Volume2,836,320
Financial Highlights & Ratios
PEG Ratio-0.41
Price to Book (P/B)1.82
Price to Sales (P/S)0.00
P/FCF Ratio7.21
Enterprise Value/Market Cap0.11
Enterprise Value/Revenue0.14
Enterprise Value/Gross Profit0.87
Enterprise Value/Ebitda0.83
Forecast
1Y Price Target
$22.77Price Target Upside0.89% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Magnite News
PremiumCompany Announcements
Magnite Stockholders Approve Key Proposals at Annual Meeting
Bulls Say, Bears Say
Bulls Say
Growth OpportunitiesMGNI-sold programmatic primarily monetizes CTV ad units coming from vMVPDs, OEMs, and multi-publisher bundles, offering diverse monetization channels.
Market ExpansionMagnite is seeing a broadening of the addressable market by being invited into ad platforms that were previously viewed to be walled gardens.
Market PositionMGNI is positioned as the exclusive SSP in the Netflix ecosystem, allowing it to capitalize on the influx of live content.
PartnershipsMagnite has struck an agreement with TF1 to bolster programmatic demand, which enhances its monetization potential with Netflix.
Bears Say
Legal ChallengesChecks with legal experts suggest a meaningful civil judgement for MGNI is likely if DOJ wins the Google ad-tech case.
Revenue DependencyManaged service CTV revenues are down to 3-5% of total CTV revenues and on their way to 0%, with very high take rates.
Ownership Overview
3.04% Insiders
32.70% Mutual Funds
31.42% Other Institutional Investors
16.44% Public Companies and Individual Investors
MGNI FAQ
What was Magnite’s price range in the past 12 months?
Magnite lowest stock price was $8.22 and its highest was $25.27 in the past 12 months.
What is Magnite’s market cap?
Magnite’s market cap is $3.18B.
When is Magnite’s upcoming earnings report date?
Magnite’s upcoming earnings report date is Aug 06, 2025 which is in 23 days.
How were Magnite’s earnings last quarter?
Magnite released its earnings results on May 07, 2025. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.066 by $0.054.
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 0.17.
How many shares outstanding does Magnite have?
Magnite has 141,110,570 shares outstanding.
What happened to Magnite’s price movement after its last earnings report?
Magnite reported an EPS of $0.12 in its last earnings report, beating expectations of $0.066. Following the earnings report the stock price went up 19.791%.
Which hedge fund is a major shareholder of Magnite?
Currently, no hedge funds are holding shares in MGNI
Magnite Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$22.77 (0.89% Upside)
$22.77 (0.89% Upside)
Blogger Sentiment
Bullish
MGNI Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 396.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $622.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.1%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
60.75%
12-Months-Change
Fundamentals
Return on Equity
4.30%
Trailing 12-Months
Asset Growth
8.99%
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.
MGNI Company Deck
MGNI Earnings Call
Q1 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted strong financial performance and growth in CTV and DV+ segments, as well as significant opportunities from the Google antitrust ruling. However, there are concerns about macroeconomic uncertainty and potential impacts from tariffs on future growth.Read More>MGNI Stock 12 Month Forecast
Average Price Target
$22.77
▲(0.89%Upside)