Magnite (MGNI) Stock Price, News & Analysis

Company Overview

Magnite, Inc. (NASDAQ: MGNI) is a leading independent sell-side advertising platform that empowers publishers to monetize their digital content across a variety of channels. Formed in 2020 through the merger of Rubicon Project and Telaria, Magnite offers an end-to-end supply-side platform (SSP) solution designed for the open internet. The company enables media owners to optimize yield through real-time bidding, header bidding integrations and unified auction dynamics that span desktop, mobile, connected TV (CTV) and other emerging formats.

At the core of Magnite’s product suite is a cloud-based SSP that facilitates automated, programmatic transactions between publishers and a broad array of demand sources. In addition to its flagship SSP, the company provides specialized solutions for CTV and digital out-of-home (DOOH) advertising, harnessing audience data and measurement tools to drive efficiency and transparency. By integrating header bidding wrappers, advanced analytics and yield management features, Magnite helps publishers maximize revenue while maintaining control over pricing and data privacy.

Magnite serves a global roster of publishers, media networks and content providers in more than 190 countries. Its platform processes billions of bid requests daily, connecting inventory to advertisers across display, video, audio and native channels. The company collaborates with major streaming services, broadcasters and digital publishers, providing tailored support and strategic guidance on programmatic monetization best practices. Through partnerships with leading data providers and verification vendors, Magnite ensures brand safety and viewability standards are met.

Under the leadership of Chief Executive Officer Michael Barrett, Magnite continues to invest in product innovation and platform scalability. The company’s management team brings decades of experience in ad tech, media and software development. Focused on transparency and fostering an open internet, Magnite pursues strategic partnerships and acquisitions to expand its footprint and enhance offerings, positioning itself as a key enabler of programmatic advertising for publishers worldwide.

Key Stats

• Today's Range: $24.46 to $25.27
• 50-Day Range: $11.89 to $24.67
• 52-Week Range: $8.22 to $25.27
• Volume: 3.27 million shs
• Average Volume: 2.21 million shs
• Market Capitalization: $3.46 billion
• P/E Ratio: 122.46
• Dividend Yield: N/A
• Price Target: $19.58
• Consensus Rating: Moderate Buy

Magnite Stock Analysis - MarketRank™

Magnite scored higher than 43% of companies evaluated by MarketBeat, and ranked 1336th out of 1,998 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Magnite has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Magnite has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 51.52%

Earnings Growth

Earnings for Magnite are expected to grow by 51.52% in the coming year, from $0.33 to $0.50 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Magnite is 122.46, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magnite is 122.46, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 36.23.

Price to Earnings Growth Ratio

Magnite has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Magnite has a P/B Ratio of 4.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

14.36% of the float of Magnite has been sold short.

Short Interest Ratio / Days to Cover

Magnite has a short interest ratio ("days to cover") of 7.8.

Change versus previous month

Short interest in Magnite has recently increased by 19.94%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Magnite does not currently pay a dividend.

Dividend Growth

Magnite does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

14.36% of the float of Magnite has been sold short.

Short Interest Ratio / Days to Cover

Magnite has a short interest ratio ("days to cover") of 7.8.

Change versus previous month

Short interest in Magnite has recently increased by 19.94%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.46

News Sentiment

Magnite has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for Magnite this week, compared to 8 articles on an average week.

Search Interest

Only 8 people have searched for MGNI on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Magnite to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Magnite insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,021,928.00 in company stock.

Percentage Held by Insiders

Only 3.80% of the stock of Magnite is held by insiders.

Percentage Held by Institutions

73.40% of the stock of Magnite is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MGNI Stock Analysis - Frequently Asked Questions

How have MGNI shares performed this year?

Magnite's stock was trading at $15.92 on January 1st, 2025. Since then, MGNI stock has increased by 53.8% and is now trading at $24.49.

How were Magnite's earnings last quarter?

Magnite, Inc. (NASDAQ:MGNI) announced its quarterly earnings data on Wednesday, May, 7th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.06. The company's quarterly revenue was up 4.3% on a year-over-year basis.
Read the conference call transcript.

How do I buy shares of Magnite?

Shares of MGNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Magnite own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Magnite investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), PayPal (PYPL), CrowdStrike (CRWD) and Netflix (NFLX).

Company Calendar

• Last Earnings: 5/07/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:MGNI
• CIK: 1595974
• Web: www.magnite.com
• Phone: (212) 243-2769
• Fax: 310-207-0528
• Employees: 950
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $19.58
• High Stock Price Target: $24.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: -20.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.20
• Trailing P/E Ratio: 122.46
• Forward P/E Ratio: 74.21
• P/E Growth: 2.01
• Net Income: $22.79 million
• Net Margins: 4.58%
• Pretax Margin: 6.16%
• Return on Equity: 6.71%
• Return on Assets: 1.81%

Debt

• Debt-to-Equity Ratio: 0.47
• Current Ratio: 0.98
• Quick Ratio: 0.98

Sales & Book Value

• Annual Sales: $668.17 million
• Price / Sales: 5.17
• Cash Flow: $0.77 per share
• Price / Cash Flow: 31.90
• Book Value: $5.46 per share
• Price / Book: 4.49

Miscellaneous

• Outstanding Shares: 141,110,000
• Free Float: 135,749,000
• Market Cap: $3.46 billion
• Optionable: Optionable
• Beta: 2.96