Magnite (MGNI) Stock Price, News & Analysis

Company Overview

Magnite, Inc. operates an independent omnichannel sell-side advertising platform that helps publishers and digital media owners monetize their content while enabling advertisers to reach audiences across multiple channels. Its platform supports the buying and selling of digital advertising inventory through automated auctions and direct transactions.

The company’s solutions serve connected television and streaming video, online display and mobile advertising, audio, and digital out-of-home media. Magnite provides publishers with tools for managing, packaging, and optimizing advertising inventory, while offering buyers access to audience-based campaigns across premium digital properties. Its technology also supports ad serving, yield management, identity solutions, and programmatic transactions.

Magnite was formed through the combination of The Rubicon Project and Telaria, completed in 2020, and later adopted the Magnite name. The company serves media owners and advertisers internationally, with operations and customers across North America, Europe, Asia-Pacific, and other global markets. Magnite is headquartered in New York City and is led by Chief Executive Officer Michael Barrett.

Key Stats

• Today's Range: $20.88 to $22.14
• 50-Day Range: $21.62 to $25.67
• 52-Week Range: $10.82 to $26.84
• Volume: 1.36 million shs
• Average Volume: 2.46 million shs
• Market Capitalization: $3.06 billion
• P/E Ratio: 19.68
• Dividend Yield: N/A
• Price Target: $29.36
• Consensus Rating: Moderate Buy

Magnite Stock Analysis - MarketRank™

Magnite scored higher than 98% of companies evaluated by MarketBeat, and ranked 10th out of 236 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 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 no strong buy ratings, 11 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Magnite has a consensus price target of $29.36, representing about 38.4% upside from its current price of $21.22.

Amount of Analyst Coverage

Magnite has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 49.18%

Earnings Growth

Earnings for Magnite are expected to grow by 49.18% in the coming year, from $0.61 to $0.91 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Magnite is 19.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.03.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magnite is 19.47, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 26.08.

Price to Earnings Growth Ratio

Magnite has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Magnite has a P/B Ratio of 3.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.57% 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 6.1.

Change versus previous month

Short interest in Magnite has recently decreased by 3.83%, indicating that investor sentiment is improving.

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.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.58

News Sentiment

Magnite has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Magnite this week, compared to 5 articles on an average week.

Search Interest

10 people have searched for MGNI on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.

MarketBeat Follows

7 people have added Magnite to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 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 $15,993,244.00 in company stock.

Percentage Held by Insiders

3.20% 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.

Company Calendar

• Last Earnings: 8/05/2026
• Today: 10/30/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Communication Services
• Industry: Media
• Sub-Industry: Advertising
• Current Symbol: NASDAQ:MGNI
• Previous Symbol: NYSE:RUBI
• CIK: 1595974
• Web: www.magnite.com
• Phone: (212) 243-2769
• Fax: 310-207-0528
• Employees: 971
• Year Founded: 2007

Price Target and Rating

• Average Price Target for Magnite: $29.36
• High Price Target: $40.00
• Low Price Target: $22.00
• Potential Upside/Downside: +37.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.09
• Trailing P/E Ratio: 19.57
• Forward P/E Ratio: 35.00
• P/E Growth: 0.71
• Net Income: $144.61 million
• Net Margins: 22.49%
• Pretax Margin: 13.25%
• Return on Equity: 9.33%
• Return on Assets: 2.77%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 1.02
• Quick Ratio: 1.03

Sales & Book Value

• Annual Sales: $713.95 million
• Price / Sales: 4.29
• Cash Flow: $0.89 per share
• Price / Cash Flow: 24.09
• Book Value: $6.42 per share
• Price / Book: 3.33

Miscellaneous

• Outstanding Shares: 143,420,000
• Free Float: 138,834,000
• Market Cap: $3.06 billion
• Optionable: Optionable
• Beta: 2.33