Magnite Inc (MGNI)

Currency in USD
24.72
+0.40(+1.64%)
Closed·
24.65-0.07(-0.28%)
·
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Fair Value
Day's Range
24.5625.45
52 wk Range
10.8226.65
Key Statistics
Prev. Close
24.32
Open
24.68
Day's Range
24.56-25.45
52 wk Range
10.82-26.65
Volume
4.03M
Average Volume (3m)
2.96M
1-Year Change
10.0134%
Book Value / Share
6.54
Fair Value
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Fair Value Upside
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MGNI Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
26.67
Upside
+7.87%
Members' Sentiments
Bearish
Bullish
ProTips
5 analysts have revised their earnings upwards for the upcoming period

Magnite Inc News & Analysis

Show more

Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

13 Buy
2 Hold
0 Sell
Ratings:
15 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 26.67
(+7.87% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Wells Fargo
Hold22.00-11.00%21.00MaintainAug 07, 2026
B.Riley
Buy27.00+9.22%20.00MaintainAug 06, 2026
Rosenblatt
Buy40.00+61.81%39.00MaintainAug 06, 2026
Benchmark
Buy33.00+33.50%30.00MaintainAug 06, 2026
Scotiabank
Buy27.00+9.22%17.00MaintainAug 06, 2026

Magnite Inc SWOT Analysis


CTV Dominance
Magnite's strategic positioning in the Connected TV advertising space drives its impressive 75.5% stock return, showcasing potential for significant future growth
Partnerships Propel
Explore how collaborations with Netflix, Disney, and Roku are shaping Magnite's market presence and revenue potential in the evolving streaming landscape
Financial Trajectory
Analysts project a shift to net cash position by 2025, with EPS estimates rising from -$1.11 in 2023 to $0.20 in 2025, signaling improved profitability
Market Outlook
Delve into Magnite's competitive advantages and challenges in the rapidly growing CTV sector, with analyst price targets ranging from $19 to $21 per share
Read full SWOT analysis

Magnite Inc Earnings Call Summary for Q2/2026

  • Magnite beat Q2 2026 estimates with non-GAAP EPS of $0.26 vs. $0.25 expected; revenue rose 11% YoY to $192.8M, topping $179.2M forecast.
  • CTV drove growth with Contribution ex-TAC up 36% YoY to $97M, now representing 51% of total; adjusted EBITDA climbed 30% to $71M with 37% margin.
  • Company raised FY 2026 guidance: Contribution ex-TAC growth to 13-14%, adjusted EBITDA growth above 20%, and free cash flow growth to high-40% range.
  • Q3 outlook projects Contribution ex-TAC of $188-192M (13-15% growth); CTV expected to grow 29-32% while DV+ segment remains roughly flat.
  • Management highlighted AI initiatives including Magnite Orchestration for agentic advertising and SpringServe platform; shares surged 10.2% after-hours to $22.78.
Last Updated: 2026-08-05, 05:50 p/m
Read Full Transcript

Earnings

Latest Release
Aug 05, 2026
EPS / Forecast
0.26 / 0.25
Revenue / Forecast
192.8M / 179.2M
EPS Revisions
Last 90 days

MGNI Income Statement

Compare MGNI to Peers and Sector

Metrics to compare
MGNI
Peers
Sector
Relationship
P/E Ratio
21.2x−10.4x6.7x
PEG Ratio
0.070.090.01
Price/Book
3.8x3.4x1.8x
Price / LTM Sales
4.8x2.8x1.3x
Upside (Analyst Target)
9.2%6.3%27.9%
Fair Value Upside
Unlock−5.1%17.4%Unlock

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 as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
62.39M43.50%1.54B
Other Institutional Investors
77.98M54.37%1.93B
Public Companies & Retail Investors
3.05M2.12%75.31M
Total
143.42M100.00%3.55B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.8.13%11,657,496288,173
Wellington Management Group LLP6.41%9,191,077227,203

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FAQ

What Is the Magnite (MGNI) Stock Price Today?

The Magnite stock price today is 24.72 USD.

What Stock Exchange Does Magnite Trade On?

Magnite is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Magnite?

The stock symbol for Magnite is "MGNI."

What Is the Magnite Market Cap?

As of today, Magnite market cap is 3.55B USD.

What Is Magnite's Earnings Per Share (TTM)?

The Magnite EPS (TTM) is 1.10.

When Is the Next Magnite Earnings Date?

Magnite will release its next earnings report on Nov 11, 2026.

From a Technical Analysis Perspective, Is MGNI a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Magnite Stock Split?

Magnite has split 0 times.

How Many Employees Does Magnite Have?

Magnite has 971 employees.

What is the current trading status of Magnite (MGNI)?

As of Aug 09, 2026, Magnite (MGNI) is trading at a price of 24.72 USD, with a previous close of 24.32 USD. The stock has fluctuated within a day range of 24.56 USD to 25.45 USD, while its 52-week range spans from 10.82 USD to 26.65 USD.

What Is Magnite (MGNI) Price Target According to Analysts?

The average 12-month price target for Magnite is 26.67 USD, with a high estimate of 40 USD and a low estimate of 17 USD. 13 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +7.87% Upside potential.

What Is the MGNI Premarket Price?

MGNI's last pre-market stock price is 24.15 USD. The pre-market share volume is 35,810.00, and the stock has decreased by -0.17, or -0.70%.

What Is the MGNI After Hours Price?

MGNI's last after hours stock price is 24.65 USD, the stock has decreased by -0.07, or -0.28%.
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