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Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Magnite, Inc. stock logo
MGNI
Magnite
$9.19
+4.4%
$10.25
$6.28
$15.73
$1.25B2.251.13 million shs1.13 million shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Magnite, Inc. stock logo
MGNI
Magnite
-3.30%+1.85%-15.95%-4.24%-1.35%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Magnite, Inc. stock logo
MGNI
Magnite
4.3687 of 5 stars
4.43.00.00.01.92.53.1

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Magnite, Inc. stock logo
MGNI
Magnite
2.80
Moderate Buy$14.3956.57% Upside

Current Analyst Ratings

Latest MGNI Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/19/2024
Magnite, Inc. stock logo
MGNI
Magnite
B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$14.50
3/25/2024
Magnite, Inc. stock logo
MGNI
Magnite
Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$18.00
3/21/2024
Magnite, Inc. stock logo
MGNI
Magnite
Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$15.00
3/7/2024
Magnite, Inc. stock logo
MGNI
Magnite
Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingOutperform ➝ Outperform$15.00
2/29/2024
Magnite, Inc. stock logo
MGNI
Magnite
B. Riley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$15.00 ➝ $18.00
2/29/2024
Magnite, Inc. stock logo
MGNI
Magnite
Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOutperform ➝ Outperform$13.00 ➝ $15.00
2/29/2024
Magnite, Inc. stock logo
MGNI
Magnite
Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$16.00 ➝ $18.00
2/29/2024
Magnite, Inc. stock logo
MGNI
Magnite
Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetNeutral ➝ Neutral$11.00 ➝ $13.00
2/29/2024
Magnite, Inc. stock logo
MGNI
Magnite
Susquehanna
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetPositive ➝ Positive$11.00 ➝ $14.00
2/23/2024
Magnite, Inc. stock logo
MGNI
Magnite
Needham & Company LLC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy$15.00
(Data available from 4/26/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Magnite, Inc. stock logo
MGNI
Magnite
$619.71M2.01$0.64 per share14.27$5.09 per share1.81

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Magnite, Inc. stock logo
MGNI
Magnite
-$159.18M-$1.24N/A15.840.66-25.69%2.52%0.69%5/8/2024 (Confirmed)

Latest MGNI Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/8/2024N/A
Magnite, Inc. stock logo
MGNI
Magnite
-$0.0150N/A+$0.0150N/AN/AN/A  
2/28/2024Q4 2023
Magnite, Inc. stock logo
MGNI
Magnite
$0.03$0.16+$0.13$0.16$160.24 million$165.28 million    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Magnite, Inc. stock logo
MGNI
Magnite
N/AN/AN/AN/AN/A

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Magnite, Inc. stock logo
MGNI
Magnite
0.76
1.09
1.09

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Magnite, Inc. stock logo
MGNI
Magnite
73.40%

Insider Ownership

CompanyInsider Ownership
Magnite, Inc. stock logo
MGNI
Magnite
4.30%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Magnite, Inc. stock logo
MGNI
Magnite
911135.57 million129.75 millionOptionable

MGNI Headlines

SourceHeadline
Magnite (NASDAQ:MGNI) Trading 5.8% Higher Magnite (NASDAQ:MGNI) Trading 5.8% Higher
marketbeat.com - April 26 at 5:57 PM
91,080 Shares in Magnite, Inc. (NASDAQ:MGNI) Acquired by Wedge Capital Management L L P NC91,080 Shares in Magnite, Inc. (NASDAQ:MGNI) Acquired by Wedge Capital Management L L P NC
marketbeat.com - April 26 at 7:26 AM
Magnite (NASDAQ:MGNI) Coverage Initiated at B. RileyMagnite (NASDAQ:MGNI) Coverage Initiated at B. Riley
americanbankingnews.com - April 21 at 4:42 AM
Magnite shares get buy rating from B.RileyMagnite shares get buy rating from B.Riley
investing.com - April 20 at 9:47 PM
Assessing Magnite: Insights From 11 Financial AnalystsAssessing Magnite: Insights From 11 Financial Analysts
markets.businessinsider.com - April 19 at 5:46 PM
B. Riley Initiates Coverage on Magnite (NASDAQ:MGNI)B. Riley Initiates Coverage on Magnite (NASDAQ:MGNI)
marketbeat.com - April 19 at 10:09 AM
Magnite, Inc. (NASDAQ:MGNI) Given Consensus Rating of "Moderate Buy" by BrokeragesMagnite, Inc. (NASDAQ:MGNI) Given Consensus Rating of "Moderate Buy" by Brokerages
americanbankingnews.com - April 16 at 2:36 AM
KERV Interactive Partners with Magnite to Deliver AI-Powered Interactive Video Ads Programmatically, at ScaleKERV Interactive Partners with Magnite to Deliver AI-Powered Interactive Video Ads Programmatically, at Scale
businesswire.com - April 11 at 8:00 AM
Magnite (MGNI) Rises Higher Than Market: Key FactsMagnite (MGNI) Rises Higher Than Market: Key Facts
zacks.com - April 9 at 7:21 PM
Magnite to Announce First Quarter 2024 Financial Results on May 8, 2024Magnite to Announce First Quarter 2024 Financial Results on May 8, 2024
globenewswire.com - April 8 at 4:05 PM
SG Americas Securities LLC Reduces Holdings in Magnite, Inc. (NASDAQ:MGNI)SG Americas Securities LLC Reduces Holdings in Magnite, Inc. (NASDAQ:MGNI)
marketbeat.com - April 6 at 4:16 AM
Magnite (NASDAQ:MGNI) Trading Up 4.7%Magnite (NASDAQ:MGNI) Trading Up 4.7%
marketbeat.com - March 26 at 4:22 PM
Magnite’s Strategic Advantage and Revenue Prospects Bolster Buy RatingMagnite’s Strategic Advantage and Revenue Prospects Bolster Buy Rating
markets.businessinsider.com - March 21 at 5:24 PM
Analyst Scoreboard: 10 Ratings For MagniteAnalyst Scoreboard: 10 Ratings For Magnite
markets.businessinsider.com - March 21 at 12:24 PM
Analysts Offer Insights on Communication Services Companies: Stagwell (STGW) and Magnite (MGNI)Analysts Offer Insights on Communication Services Companies: Stagwell (STGW) and Magnite (MGNI)
markets.businessinsider.com - March 20 at 3:59 PM
7 Little-Known Growth Stocks With Multibagger Upside7 Little-Known Growth Stocks With Multibagger Upside
msn.com - March 19 at 4:49 PM
Michael G. Barrett Sells 75,000 Shares of Magnite, Inc. (NASDAQ:MGNI) StockMichael G. Barrett Sells 75,000 Shares of Magnite, Inc. (NASDAQ:MGNI) Stock
insidertrades.com - March 19 at 4:42 AM
Magnite chief product officer sells over $195k in company stockMagnite chief product officer sells over $195k in company stock
investing.com - March 17 at 8:01 AM
MGNI Apr 2024 7.500 callMGNI Apr 2024 7.500 call
finance.yahoo.com - March 16 at 3:59 PM
Insider Sell: Chief Product Officer Adam Soroca Sells 17,245 Shares of Magnite Inc (MGNI)Insider Sell: Chief Product Officer Adam Soroca Sells 17,245 Shares of Magnite Inc (MGNI)
finance.yahoo.com - March 15 at 7:26 PM
Mediaocean and Magnite Strike Exclusive Partnership to Automate Media Planning, Execution, and Reconciliation in Streaming TVMediaocean and Magnite Strike Exclusive Partnership to Automate Media Planning, Execution, and Reconciliation in Streaming TV
globenewswire.com - March 14 at 8:00 AM
MGNI vs. PANW: Which Stock Should Value Investors Buy Now?MGNI vs. PANW: Which Stock Should Value Investors Buy Now?
zacks.com - March 13 at 12:41 PM
Shareholders in Magnite (NASDAQ:MGNI) have lost 75%, as stock drops 3.7% this past weekShareholders in Magnite (NASDAQ:MGNI) have lost 75%, as stock drops 3.7% this past week
finance.yahoo.com - March 12 at 10:22 AM
Magnite: Cash Flows Now MatterMagnite: Cash Flows Now Matter
seekingalpha.com - March 8 at 3:37 PM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Company Descriptions

Magnite logo

Magnite

NASDAQ:MGNI
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 applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through 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.