Logo image of MGNI

MAGNITE INC (MGNI) Stock Price, Quote, News and Overview

NASDAQ:MGNI - Nasdaq - US55955D1000 - Common Stock - Currency: USD

13.095  -0.54 (-3.93%)

After market: 13.09 -0.01 (-0.04%)

MGNI Quote, Performance and Key Statistics

MAGNITE INC

NASDAQ:MGNI (3/7/2025, 8:00:01 PM)

After market: 13.09 -0.01 (-0.04%)

13.095

-0.54 (-3.93%)

Sector
GICS SectorCommunication Services
GICS IndustryMedia
GICS IndustryGroupMedia & Entertainment
GICS SubIndustryAdvertising
Statistics
52 Week High21.29
52 Week Low8.38
Market Cap1.87B
Shares142.95M
Float139.09M
Yearly DividendN/A
Dividend YieldN/A
PE18.71
Fwd PE13.84
Earnings (Next)05-06 2025-05-06/amc
IPO02-04 2014-02-04


MGNI short term performance overview.The bars show the price performance of MGNI in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -10 -20 -30

MGNI long term performance overview.The bars show the price performance of MGNI in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 10 20 30 40

The current stock price of MGNI is 13.095 USD. In the past month the price decreased by -31.58%. In the past year, price increased by 12.89%.

MAGNITE INC / MGNI Daily stock chart

MGNI Competitors/Peers

The largest stocks on the US markets in the "Advertising" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
TTD TRADE DESK INC/THE -CLASS A 39.34 32.20B
OMC OMNICOM GROUP 10.55 16.70B
IPG INTERPUBLIC GROUP OF COS INC 10.14 10.50B
WPP WPP PLC-SPONSORED ADR 12.77 8.98B
CRTO CRITEO SA-SPON ADR 7.99 2.02B
IAS INTEGRAL AD SCIENCE HOLDING 44.61 1.68B
STGW STAGWELL INC 8.2 1.66B
IBTA IBOTTA INC-CL A 21.85 1.21B
EEX EMERALD HOLDING INC N/A 795.68M
THRY THRYV HOLDINGS INC N/A 723.85M
ADV ADVANTAGE SOLUTIONS INC N/A 689.61M
CCO CLEAR CHANNEL OUTDOOR HOLDIN N/A 627.28M

About MGNI

Company Profile

MGNI logo image Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. The company is headquartered in New York City, New York and currently employs 911 full-time employees. The company went IPO on 2014-02-04. The firm provides technology solutions to automate the purchase and sale of digital advertising inventory. Its platform features applications and services for sellers of digital advertising inventory, or publishers, that own and operate connected television (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. The firm's streaming sell-side advertising platform (SSP) and ad server offers CTV sellers a holistic solution for workflow, yield management and monetization, across both programmatic and direct-sold video inventory.

Company Info

MAGNITE INC

1250 Broadway, 15th Floor

New York City NEW YORK 90045 US

CEO: Michael Barrett

Employees: 911

Company Website: https://www.magnite.com/

Investor Relations: https://investor.magnite.com

Phone: 12122432769

MAGNITE INC / MGNI FAQ

What is the stock price of MAGNITE INC today?

The current stock price of MGNI is 13.095 USD. The price decreased by -3.93% in the last trading session.


What is the ticker symbol for MAGNITE INC stock?

The exchange symbol of MAGNITE INC is MGNI and it is listed on the Nasdaq exchange.


On which exchange is MGNI stock listed?

MGNI stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for MAGNITE INC stock?

20 analysts have analysed MGNI and the average price target is 20.98 USD. This implies a price increase of 60.24% is expected in the next year compared to the current price of 13.095. Check the MAGNITE INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is MAGNITE INC worth?

MAGNITE INC (MGNI) has a market capitalization of 1.87B USD. This makes MGNI a Small Cap stock.


How many employees does MAGNITE INC have?

MAGNITE INC (MGNI) currently has 911 employees.


What are the support and resistance levels for MAGNITE INC (MGNI) stock?

MAGNITE INC (MGNI) has a support level at 12.88. Check the full technical report for a detailed analysis of MGNI support and resistance levels.


Is MAGNITE INC (MGNI) expected to grow?

The Revenue of MAGNITE INC (MGNI) is expected to grow by 9.64% in the next year. Check the estimates tab for more information on the MGNI EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy MAGNITE INC (MGNI) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does MAGNITE INC (MGNI) stock pay dividends?

MGNI does not pay a dividend.


When does MAGNITE INC (MGNI) report earnings?

MAGNITE INC (MGNI) will report earnings on 2025-05-06, after the market close.


What is the Price/Earnings (PE) ratio of MAGNITE INC (MGNI)?

The PE ratio for MAGNITE INC (MGNI) is 18.71. This is based on the reported non-GAAP earnings per share of 0.7 and the current share price of 13.095 USD. Check the full fundamental report for a full analysis of the valuation metrics for MGNI.


What is the Short Interest ratio of MAGNITE INC (MGNI) stock?

The outstanding short interest for MAGNITE INC (MGNI) is 7.6% of its float. Check the ownership tab for more information on the MGNI short interest.


MGNI Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

MGNI Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to MGNI. MGNI has only an average score on both its financial health and profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MGNI Financial Highlights

Over the last trailing twelve months MGNI reported a non-GAAP Earnings per Share(EPS) of 0.7. The EPS increased by 29.63% compared to the year before.


Industry RankSector Rank
PM (TTM) 3.41%
ROA 0.8%
ROE 2.97%
Debt/Equity 0.72
Chartmill High Growth Momentum
EPS Q2Q%17.24%
Sales Q2Q%17.36%
EPS 1Y (TTM)29.63%
Revenue 1Y (TTM)7.82%

MGNI Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 82% to MGNI. The Buy consensus is the average rating of analysts ratings from 20 analysts.

For the next year, analysts expect an EPS growth of 35.13% and a revenue growth 9.64% for MGNI


Ownership
Inst Owners90.74%
Ins Owners2.26%
Short Float %7.6%
Short Ratio4.55
Analysts
Analysts82
Price Target20.98 (60.21%)
EPS Next Y35.13%
Revenue Next Year9.64%