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MGNI Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
14.840
Open
14.430
VWAP
14.47
Vol
3.77M
Mkt Cap
2.05B
Low
14.230
Amount
54.57M
EV/EBITDA(TTM)
13.90
Total Shares
143.22M
EV
2.23B
EV/OCF(TTM)
19.79
P/S(TTM)
3.06
Magnite, Inc. is an independent sell-side advertising company. The Company provides technology solutions to automate the purchase and sale of digital advertising inventory. The Company's technology is used by publishers to monetize their content across all screens and formats including CTV, online video, display, and audio. Its platform features 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; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms (DSPs), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. Its SpringServe CTV platform offers CTV sellers a holistic solution.
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Events Timeline

(ET)
2026-05-28
12:20:00
Walmart Introduces Flexible Offsite Retail Media Buying Approach
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link
2026-05-06 (ET)
2026-05-06
17:20:00
Magnite Reports Q1 Revenue of $164.37M
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2026-04-27 (ET)
2026-04-27
11:10:00
Magnite Expands AI Capabilities to Enhance Decision-Making
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2026-04-21 (ET)
2026-04-21
08:20:00
Hearst News Selects Magnite as Preferred Advertising Partner
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2026-04-20 (ET)
2026-04-20
16:30:00
Magnite CFO David Day Retires, Successor Search Underway
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News

Fool
6.5
05-25Fool
Analysis of Competition in Digital Advertising Market
  • Trade Desk Financial Performance: In fiscal year 2025, Trade Desk reported nearly $2.9 billion in revenue, an 18% increase year-over-year, with a net income of $443.3 million, demonstrating strong growth potential on the demand side of digital advertising while maintaining a solid net margin of 15.3%.
  • Magnite Market Position: As the largest independent sell-side platform, Magnite achieved $714 million in revenue for fiscal year 2025, reflecting a 6.9% year-over-year growth, with a net income of $144.6 million and a net margin of nearly 20.3%, showcasing its competitiveness in the connected TV and online video advertising markets.
  • Customer Concentration Risk: Trade Desk's two holding companies accounted for over 10% of its gross billings in 2025, while Magnite's two advertising buyers contributed approximately 44% of its revenue, indicating increased business risk due to customer concentration for both companies.
  • Debt and Cash Flow Status: As of the end of 2025, Trade Desk's debt-to-equity ratio was 0.2 with a current ratio of nearly 1.6, indicating strong short-term debt coverage; meanwhile, Magnite's debt-to-equity ratio was 0.3 with a current ratio of about 1.0, reflecting a moderate level of financial leverage.
NASDAQ.COM
6.5
05-25NASDAQ.COM
Analysis of Competition in Digital Advertising Market
  • Market Position Comparison: The Trade Desk, as a demand-side platform, reported nearly $2.9 billion in revenue for fiscal year 2025, reflecting an 18% year-over-year growth with a net income of $443.3 million and a net margin of approximately 15.3%, indicating its strong growth and profitability in the digital advertising sector.
  • Customer Concentration Risk: The Trade Desk's two holding companies accounted for over 10% of gross billings in 2025, while Magnite's two advertising inventory buyers contributed about 44% of its revenue, highlighting the increased business risk both companies face due to customer concentration, which may impact their long-term stability.
  • Financial Health Status: As of December 2025, The Trade Desk's debt-to-equity ratio was approximately 0.2, with a current ratio near 1.6, indicating strong short-term debt coverage; in contrast, Magnite's debt-to-equity ratio was 0.3, with a current ratio of about 1.0, suggesting a higher level of financial leverage and that its short-term assets barely cover its short-term liabilities.
  • Future Growth Potential: While Magnite achieved approximately 6.9% revenue growth in fiscal year 2025, totaling $714 million with a net income of $144.6 million and a net margin of nearly 20.3%, The Trade Desk's Q1 sales of $688.9 million represented a 12% year-over-year increase, showcasing its greater growth potential as advertising spending rebounds.
Yahoo Finance
9.5
05-16Yahoo Finance
Magnite Q1 Results Show Resilience Amid Challenges
  • Revenue Growth Analysis: Magnite reported Q1 revenue of $164.4 million, which, despite a year-over-year growth of 5.5%, fell short of Wall Street's expectations of $174 million, indicating challenges in the digital advertising landscape.
  • CTV Contribution Increase: CEO Michael Barrett highlighted a 30% year-over-year increase in connected TV (CTV) contributions, demonstrating the company's significant share gains in the rapidly growing CTV market, thereby enhancing its competitive position.
  • Cost Control Effectiveness: CFO David Day noted that cost savings were achieved through significant improvements in cloud spending and early AI-related productivity gains, resulting in an operating margin increase from -0.9% in the same quarter last year to 4.7% this year.
  • Future Growth Potential: The rapid growth in live sports and commerce media is seen as a major catalyst for future growth, and despite pressures in certain verticals, Magnite continues to expand its overall market share, reinforcing its position as a scaled infrastructure provider in the ad ecosystem.
Yahoo Finance
9.5
05-08Yahoo Finance
The Trade Desk Slides After Q1 Report Misses EPS and Guidance Disappoints
  • Disappointing Earnings Report: The Trade Desk's Q1 2026 sales growth of 12% slightly exceeded analyst expectations, yet the adjusted EPS fell short, indicating weakened profitability that could undermine investor confidence.
  • Weak Sales Guidance: The company forecasts only 8% sales growth for Q2, with expected revenue of $750 million, falling short of Wall Street's consensus of $770 million, reflecting macroeconomic and geopolitical pressures that may lead to further stock price declines.
  • Surge in Trading Volume: On Friday, The Trade Desk saw trading volume reach 41.1 million shares, about 103% above its three-month average of 20.2 million shares, indicating heightened market attention on its performance and potential for increased short-term volatility.
  • Market Performance Comparison: Despite a 1.83% drop to $23.06, The Trade Desk has grown 666% since its IPO in 2016, showcasing long-term investment potential; however, the recent disappointing performance may cause investors to remain cautious.
Yahoo Finance
6.5
05-02Yahoo Finance
Investment Opportunities and Risks in Value Stocks
  • BOX's Dismal Outlook: Box (NYSE:BOX) currently has a forward P/S ratio of 2.8x, and despite managing 90% of unstructured business data through its cloud platform, its average billings growth of 11.9% over the past year indicates waning customer confidence, with anticipated sales growth of only 8.4% for the next year suggesting shaky demand.
  • Magnite's Growth Potential: Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising platform, boasts an impressive 26.4% annual revenue growth over the past five years, trading at a forward P/E of 12.3x, while its robust 27.1% free cash flow margin provides multiple options for capital deployment, indicating that past investments are beginning to yield value.
  • Corpay's Strong Profitability: Corpay (NYSE:CPAY), formerly FLEETCOR, specializes in payment solutions for businesses, achieving a 13.6% annual revenue growth over the last five years, with an EPS compounded growth rate of 14%, showcasing management's ability to surface highly profitable ventures, currently trading at a forward P/E of 11.8x.
  • Market Environment Analysis: While value stocks offer a margin of safety, investors must carefully distinguish between true value stocks and value traps, especially in the current economic climate where BOX's performance raises concerns, whereas MGNI and CPAY exhibit strong growth potential worth monitoring.
Yahoo Finance
7.5
04-22Yahoo Finance
Magnite Partners with AMC to Enhance Advertising Services
  • Partnership Agreement: On April 15, Magnite Inc. entered into a partnership with AMC Global Media to enhance advertising services by combining linear and streaming products, thereby providing advertisers with a more efficient purchasing channel.
  • Technology Enhancement: Magnite's ClearLine technology will enable brands to purchase AMC's television products through a single entry point, increasing visibility for advertisers across AMC's linear channels, FAST channels, and AMC+ streaming, which is expected to significantly improve advertising effectiveness.
  • Live Optimization Tool Usage: TNA Wrestling's TNA iMPACT program is utilizing Magnite's Live Scheduler product to optimize live linear addressable inventory, ensuring reduced fragmentation in live streams and helping marketers better measure advertising results.
  • Retail Network Expansion: Magnite announced a partnership with Nova Entertainment on March 12 to drive broader programmatic advertising, reaching millions of active shoppers, marking a significant advancement in media accessibility and further solidifying its position in the advertising market.
Wall Street analysts forecast MGNI stock price to rise
10 Analyst Rating
Wall Street analysts forecast MGNI stock price to rise
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
24.00
Averages
28.11
High
39.00
Current: 0.000
sliders
Low
24.00
Averages
28.11
High
39.00
RBC Capital
Matthew Swanson
Outperform
maintain
$20
AI Analysis
2026-05-28
New
Reason
RBC Capital
Matthew Swanson
Price Target
$20
AI Analysis
2026-05-28
New
maintain
Outperform
Reason
RBC Capital analyst Matthew Swanson notes that Walmart Connect (WMT) announced an expanded data offering which included an expanded partnership with Magnite (MGNI) and a shift in how its retail media audiences can be accessed and activated. Building on its existing Walmart DSP offering, Walmart Connect is now extending access to its first-party audiences beyond its own platform, with Magnite's supply-side technology enabling audience decisioning across multiple DSPs through a Walmart-controlled data enablement model. Overall, the firm views this as a positive for Magnite building on its positioning within the CTV space but also its expanded focus on commerce media. As with most partnerships, RBC assumes this will take time to ramp, but views it as an incremental opportunity and positive for sentiment around the company's differentiation. The firm has an Outperform rating on Magnite with a price target of $20 on the shares.
RBC Capital
Outperform
maintain
$20
2026-05-28
New
Reason
RBC Capital
Price Target
$20
2026-05-28
New
maintain
Outperform
Reason
RBC Capital keeps an Outperform rating on Magnite with a $20 price target after Walmart Connect announced an expanded data offering, which included an expanded partnership with Magnite. Walmart Connect is extending access to its first-party audiences beyond its own platform, with Magnite's supply-side technology enabling audience decisioning across multiple demand-side platforms through a Walmart-controlled data enablement model, the analyst tells investors in a research note. RBC views the news as a positive for Magnite, saying it builds on the company's positioning within the connected TV space and expanded focus on commerce media. Shares of Magnite are up 3% to $13.79 in midday trading.
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Valuation Metrics

The current forward P/E ratio for Magnite Inc (MGNI.O) is 15.04, compared to its 5-year average forward P/E of 18.74. For a more detailed relative valuation and DCF analysis to assess Magnite Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
18.74
Current PE
15.04
Overvalued PE
27.46
Undervalued PE
10.03

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
12.37
Current EV/EBITDA
21.37
Overvalued EV/EBITDA
17.84
Undervalued EV/EBITDA
6.90

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.34
Current PS
2.52
Overvalued PS
5.08
Undervalued PS
1.59

Financials

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Whales Holding MGNI

S
Senvest Management, LLC
Holding
MGNI
+22.64%
3M Return
G
Granahan Investment Management, LLC
Holding
MGNI
+8.84%
3M Return
K
Kennedy Capital Management LLC
Holding
MGNI
+5.02%
3M Return
N
No Street GP LP
Holding
MGNI
+2.75%
3M Return
B
Blackhill Capital, Inc
Holding
MGNI
+2.04%
3M Return

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Frequently Asked Questions

What is Magnite Inc (MGNI) stock price today?

The current price of MGNI is 14.33 USD — it has decreased -0.69

What is Magnite Inc (MGNI)'s business?

Magnite, Inc. is an independent sell-side advertising company. The Company provides technology solutions to automate the purchase and sale of digital advertising inventory. The Company's technology is used by publishers to monetize their content across all screens and formats including CTV, online video, display, and audio. Its platform features 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; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms (DSPs), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. Its SpringServe CTV platform offers CTV sellers a holistic solution.

What is the price predicton of MGNI Stock?

Wall Street analysts forecast MGNI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGNI is28.11 USD with a low forecast of 24.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Magnite Inc (MGNI)'s revenue for the last quarter?

Magnite Inc revenue for the last quarter amounts to 164.37M USD, increased 5.52

What is Magnite Inc (MGNI)'s earnings per share (EPS) for the last quarter?

Magnite Inc. EPS for the last quarter amounts to 0.03 USD, decreased -142.86

How many employees does Magnite Inc (MGNI). have?

Magnite Inc (MGNI) has 971 emplpoyees as of May 31 2026.

What is Magnite Inc (MGNI) market cap?

Today MGNI has the market capitalization of 2.05B USD.