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NASDAQ:MGNI

Magnite (MGNI) Stock Price, News & Analysis

Magnite logo
$22.19 -0.82 (-3.56%)
Closing price 08/1/2025 04:00 PM Eastern
Extended Trading
$22.50 +0.31 (+1.40%)
As of 08/1/2025 07:45 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.

About Magnite Stock (NASDAQ:MGNI)

Key Stats

Today's Range
$21.40
$22.52
50-Day Range
$15.36
$24.67
52-Week Range
$8.22
$25.27
Volume
2.31 million shs
Average Volume
2.95 million shs
Market Capitalization
$3.13 billion
P/E Ratio
110.96
Dividend Yield
N/A
Price Target
$21.91
Consensus Rating
Moderate Buy

Company Overview

Magnite Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
63rd Percentile Overall Score

MGNI MarketRank™: 

Magnite scored higher than 63% of companies evaluated by MarketBeat, and ranked 320th out of 660 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Magnite has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Magnite has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Magnite's stock forecast and price target.
  • 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 110.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.09.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Magnite is 110.96, 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 48.10.

  • Price to Earnings Growth Ratio

    Magnite has a PEG Ratio of 1.88. 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 4.06. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Magnite's valuation and earnings.
  • Percentage of Shares Shorted

    13.42% of the outstanding shares of Magnite have been sold short.
  • Short Interest Ratio / Days to Cover

    Magnite has a short interest ratio ("days to cover") of 7.1.
  • Change versus previous month

    Short interest in Magnite has recently decreased by 8.02%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Magnite does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    13.42% of the outstanding shares of Magnite have been sold short.
  • Short Interest Ratio / Days to Cover

    Magnite has a short interest ratio ("days to cover") of 7.1.
  • Change versus previous month

    Short interest in Magnite has recently decreased by 8.02%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Magnite has a news sentiment score of 1.31. 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 higher news sentiment than the 0.68 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Magnite this week, compared to 9 articles on an average week.
  • Search Interest

    16 people have searched for MGNI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Magnite to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • 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 $18,854,021.00 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.

  • Read more about Magnite's insider trading history.
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MGNI Stock News Headlines

The $7 company helping Nvidia build the world’s first trillion-dollar robot …
Michael Robinson has been at the forefront of the technology market for over 40 years. Spotting some profitable trends in tech … well ahead of Wall Street. Like when he called Nvidia at a mere 80 cents a share. Or Bitcoin when it was trading for just $300. Throughout his illustrious career … Michael has given his followers almost 150 different chances to register triple-digit gains.
Magnite Is Producing Lots Of Cash
See More Headlines

MGNI Stock Analysis - Frequently Asked Questions

Magnite's stock was trading at $15.92 at the beginning of 2025. Since then, MGNI shares have increased by 39.4% and is now trading at $22.19.

Magnite, Inc. (NASDAQ:MGNI) posted its earnings results on Wednesday, May, 7th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.06. The firm's revenue was up 4.3% on a year-over-year basis.
Read the conference call transcript
.

Magnite's top institutional investors include Maestria Partners LLC (1.02%), Stephens Investment Management Group LLC (0.96%), Harbor Capital Advisors Inc. (0.45%) and Kopion Asset Management LLC (0.30%). Insiders that own company stock include David Day, Katie Seitz Evans, Adam Lee Soroca, Sean Patrick Buckley, Michael G Barrett, Aaron Saltz, David Buonasera, Paul Caine, Brian Gephart, Lisa L Troe, James Rossman, David T Pearson and Robert F Spillane.
View institutional ownership trends
.

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.

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
8/01/2025
Next Earnings (Estimated)
8/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
INTERNET SOFTWARE
Sub-Industry
Computer Software
Current Symbol
NASDAQ:MGNI
CIK
1595974
Employees
950
Year Founded
N/A

Price Target and Rating

High Price Target
$30.00
Low Price Target
$18.00
Potential Upside/Downside
-1.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.20
Trailing P/E Ratio
111.11
Forward P/E Ratio
67.48
P/E Growth
1.86
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
$674.62 million
Price / Sales
4.66
Cash Flow
$0.75 per share
Price / Cash Flow
29.50
Book Value
$5.46 per share
Price / Book
4.08

Miscellaneous

Outstanding Shares
141,111,000
Free Float
135,749,000
Market Cap
$3.14 billion
Optionable
Optionable
Beta
2.96

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This page (NASDAQ:MGNI) was last updated on 8/2/2025 by MarketBeat.com Staff
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