Logo image of MGNI

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

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

17.66  -0.05 (-0.28%)

MGNI Quote, Performance and Key Statistics

MAGNITE INC

NASDAQ:MGNI (2/5/2025, 12:53:07 PM)

17.66

-0.05 (-0.28%)

Sector
GICS SectorCommunication Services
GICS IndustryMedia
GICS IndustryGroupMedia & Entertainment
GICS SubIndustryAdvertising
Statistics
52 Week High18.38
52 Week Low8.38
Market Cap2.48B
Shares140.69M
Float137.71M
Yearly DividendN/A
Dividend YieldN/A
PE27.17
Fwd PE18.62
Earnings (Next)02-26 2025-02-26/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 40

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 20 40 60 80

The current stock price of MGNI is 17.66 USD. In the past month the price increased by 3.39%. In the past year, price increased by 86.23%.

MAGNITE INC / MGNI Daily stock chart

MGNI Latest News, Press Releases and Analysis

News Image
8 days ago - Magnite, Inc.

Magnite Partners With Sky New Zealand to Power Programmatic Advertising on Sky Sport Now

AUCKLAND, New Zealand, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, is working with...

News Image
22 days ago - Magnite, Inc.

Magnite Strengthens Partnership with Samsung Ads to Power Programmatic Advertising on Samsung TV Plus in Southeast Asia

Advertisers can now buy Samsung TV Plus inventory programmatically in Singapore, the Philippines, and Thailand through Magnite...

News Image
22 days ago - Magnite, Inc.

FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion to Power Video Advertising on FIFA+ and FAST Channels Globally

Collaboration comes as FIFA+ continues to revolutionize and democratize the football streaming experience for fans across the globe...

News Image
a month ago - AdGood

AdGood Launches First-Ever Nonprofit CTV Platform at CES 2025

/PRNewswire/ -- AdGood, a first-of-its-kind nonprofit CTV advertising platform for nonprofits, officially launched today at CES. Founded by veteran advertising...

News Image
a month ago - Magnite, Inc.

Magnite and Playwire Partner to Scale High-Impact Ad Formats Through Programmatic Channels

This partnership combines Playwire's premium Flex Suite formats with Magnite's programmatic infrastructure to deliver enhanced creative experiences at scale

News Image
a month ago - Benzinga

Where Magnite Stands With Analysts

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 77.38 56.14B
OMC OMNICOM GROUP 10.31 16.32B
WPP WPP PLC-SPONSORED ADR 8.43 10.47B
IPG INTERPUBLIC GROUP OF COS INC 9.61 10.20B
CRTO CRITEO SA-SPON ADR 10.37 2.49B
IBTA IBOTTA INC-CL A 663.27 2.23B
IAS INTEGRAL AD SCIENCE HOLDING 53.15 1.73B
STGW STAGWELL INC 9.92 1.69B
EEX EMERALD HOLDING INC N/A 919.50M
ADV ADVANTAGE SOLUTIONS INC N/A 872.44M
THRY THRYV HOLDINGS INC N/A 790.22M
PUBM PUBMATIC INC-CLASS A 50.03 768.99M

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

MGNI FAQ

What is the stock price of MGNI?

The current stock price of MGNI is 17.66 USD.


What is the 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.


Is MGNI a good stock to buy?

Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for MGNI, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of MGNI.


Does MGNI stock pay dividends?

MGNI does not pay a dividend.


When does MGNI stock report earnings?

MGNI will report earnings on 2025-02-26, after the market close.


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

The PE ratio for MGNI is 27.17. This is based on the reported non-GAAP earnings per share of 0.65 and the current share price of 17.66 USD.


What is the Short Interest ratio of MGNI stock?

The outstanding short interest for MGNI is 6.37% of its float.


MGNI Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to MGNI. When comparing the yearly performance of all stocks, MGNI is one of the better performing stocks in the market, outperforming 94.21% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MGNI Fundamental Analysis

ChartMill assigns a fundamental rating of 4 / 10 to MGNI. MGNI scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages.


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 0.65. The EPS increased by 32.65% compared to the year before.


Industry RankSector Rank
PM (TTM) 2.62%
ROA 0.63%
ROE 2.38%
Debt/Equity 0.76
Chartmill High Growth Momentum
EPS Q2Q%41.67%
Sales Q2Q%12.24%
EPS 1Y (TTM)32.65%
Revenue 1Y (TTM)8.7%

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 43.39% and a revenue growth 12.29% for MGNI


Ownership
Inst Owners75.34%
Ins Owners2.22%
Short Float %6.37%
Short Ratio5.31
Analysts
Analysts82
Price Target20.04 (13.48%)
EPS Next Y43.39%
Revenue Next Year12.29%