Free Trial

Magnite (MGNI) Competitors

Magnite logo
$17.70 +0.26 (+1.47%)
Closing price 03:59 PM Eastern
Extended Trading
$17.14 -0.56 (-3.14%)
As of 04:11 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

MGNI vs. DAY, KD, IONQ, ESTC, NBIS, WIX, DBX, CFLT, MTCH, and APPF

Should you be buying Magnite stock or one of its competitors? The main competitors of Magnite include Dayforce (DAY), Kyndryl (KD), IonQ (IONQ), Elastic (ESTC), Nebius Group (NBIS), Wix.com (WIX), Dropbox (DBX), Confluent (CFLT), Match Group (MTCH), and AppFolio (APPF). These companies are all part of the "computer software" industry.

Magnite vs.

Dayforce (NYSE:DAY) and Magnite (NASDAQ:MGNI) are both mid-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, dividends, analyst recommendations, media sentiment, profitability, risk, institutional ownership, community ranking and valuation.

Dayforce currently has a consensus target price of $71.57, suggesting a potential upside of 18.06%. Magnite has a consensus target price of $19.58, suggesting a potential upside of 10.67%. Given Dayforce's higher probable upside, research analysts clearly believe Dayforce is more favorable than Magnite.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dayforce
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.67
Magnite
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.92

Dayforce has higher revenue and earnings than Magnite. Magnite is trading at a lower price-to-earnings ratio than Dayforce, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dayforce$1.81B5.35$18.10M$0.16378.89
Magnite$674.62M3.70-$159.18M$0.2088.48

73.4% of Magnite shares are owned by institutional investors. 4.5% of Dayforce shares are owned by company insiders. Comparatively, 3.8% of Magnite shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Magnite had 10 more articles in the media than Dayforce. MarketBeat recorded 18 mentions for Magnite and 8 mentions for Dayforce. Dayforce's average media sentiment score of 1.09 beat Magnite's score of 0.30 indicating that Dayforce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dayforce
5 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Magnite
8 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Dayforce has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500. Comparatively, Magnite has a beta of 2.87, indicating that its stock price is 187% more volatile than the S&P 500.

Magnite has a net margin of 2.62% compared to Dayforce's net margin of 1.03%. Dayforce's return on equity of 6.49% beat Magnite's return on equity.

Company Net Margins Return on Equity Return on Assets
Dayforce1.03% 6.49% 1.75%
Magnite 2.62%4.64%1.25%

Magnite received 89 more outperform votes than Dayforce when rated by MarketBeat users. Likewise, 74.29% of users gave Magnite an outperform vote while only 63.08% of users gave Dayforce an outperform vote.

CompanyUnderperformOutperform
DayforceOutperform Votes
41
63.08%
Underperform Votes
24
36.92%
MagniteOutperform Votes
130
74.29%
Underperform Votes
45
25.71%

Summary

Dayforce and Magnite tied by winning 9 of the 18 factors compared between the two stocks.

Get Magnite News Delivered to You Automatically

Sign up to receive the latest news and ratings for MGNI and its competitors with MarketBeat's FREE daily newsletter.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

MGNI vs. The Competition

MetricMagniteComputer & Data IndustryComputer SectorNASDAQ Exchange
Market Cap$2.50B$82.45B$26.22B$8.60B
Dividend YieldN/A1.76%2.86%4.19%
P/E Ratio294.9360.4145.4120.06
Price / Sales3.70196.332,042.35156.87
Price / Cash28.6330.1934.7434.64
Price / Book3.485.257.054.70
Net Income-$159.18M$3.40B$741.34M$247.80M
7 Day Performance6.09%1.69%1.58%2.17%
1 Month Performance17.19%4.49%6.58%9.41%
1 Year Performance35.08%40.93%52,481.12%14.73%

Magnite Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MGNI
Magnite
3.5384 of 5 stars
$17.70
+1.5%
$19.58
+10.7%
+33.2%$2.50B$674.62M294.93950
DAY
Dayforce
2.2932 of 5 stars
$58.23
-1.4%
$71.54
+22.9%
+18.2%$9.31B$1.81B529.389,084Positive News
Analyst Forecast
KD
Kyndryl
1.5527 of 5 stars
$39.15
+0.3%
$43.33
+10.7%
+54.8%$9.11B$15.06B71.1990,000
IONQ
IonQ
1.1584 of 5 stars
$40.63
+0.7%
$38.33
-5.7%
+382.7%$9.05B$43.06M-50.16100Trending News
Analyst Forecast
Insider Trade
Gap Up
ESTC
Elastic
3.5854 of 5 stars
$81.71
+1.0%
$113.63
+39.1%
-24.8%$8.53B$1.43B148.562,980Trending News
Analyst Forecast
Insider Trade
Analyst Revision
NBIS
Nebius Group
3.0715 of 5 stars
$36.02
-2.0%
$50.67
+40.7%
N/A$8.49B$161.40M-63.1926,361Analyst Forecast
WIX
Wix.com
4.7234 of 5 stars
$148.96
+0.0%
$226.68
+52.2%
-6.0%$8.36B$1.81B63.395,930Positive News
DBX
Dropbox
3.3468 of 5 stars
$29.12
+0.9%
$31.00
+6.5%
+35.7%$8.20B$2.54B20.653,120Positive News
CFLT
Confluent
2.261 of 5 stars
$23.06
+0.1%
$30.11
+30.6%
-7.6%$7.85B$1.02B-21.352,760Insider Trade
MTCH
Match Group
4.9791 of 5 stars
$30.32
+1.3%
$35.91
+18.5%
-0.5%$7.59B$3.45B15.012,720
APPF
AppFolio
3.9997 of 5 stars
$209.81
-0.6%
$274.43
+30.8%
-1.2%$7.56B$824.47M37.801,780News Coverage
Positive News
Insider Trade

Related Companies and Tools


This page (NASDAQ:MGNI) was last updated on 6/11/2025 by MarketBeat.com Staff
From Our Partners