Magnite (MGNI) Stock Price, News & Analysis

Company Overview

Magnite, Inc. (NASDAQ: MGNI) operates as an independent sell-side advertising platform that enables publishers and digital media owners to monetize their inventory through programmatic advertising. Formed in 2020 through the merger of Rubicon Project and Telaria, Magnite combines technologies for desktop, mobile, connected television (CTV) and digital out-of-home (DOOH) ad exchanges. The company provides an end-to-end solution designed to help media owners optimize yield across open marketplaces, private marketplaces and programmatic guaranteed deals.

At the core of Magnite’s offering is its supply-side platform (SSP), which connects publishers’ ad impressions to demand-side platforms (DSPs) through real-time bidding (RTB). The platform includes built-in tools for auction optimization, header bidding and audience segmentation, enabling publishers to maximize revenue while maintaining control over the quality and targeting of ads served on their sites and apps. In the rapidly growing CTV market, Magnite supports ad insertion across multiple streaming devices and environments, delivering scalable video ads that align with consumer viewing habits.

Magnite’s technology stack also encompasses analytics and reporting services that provide publishers with actionable insights into performance metrics, such as fill rates, price floors and buyer behavior. By combining marketplace data with machine learning algorithms, the company aims to drive more efficient yield management and transparent pricing dynamics. In addition, Magnite offers private marketplace solutions that allow premium publishers to build curated deal structures with select advertisers and agencies.

Headquartered in Los Angeles, California, with offices across North America, Europe and Asia-Pacific, Magnite serves a global roster of digital media companies, broadcasters and broadcasters-turned-streaming services. The company’s executive leadership team brings together veterans from the digital advertising and technology sectors, underscoring its focus on innovation and the evolution of programmatic media monetization. With its independent status, Magnite positions itself as a partner to publishers seeking alternatives to agency-owned ad tech stacks.

Key Stats

• Today's Range: $24.05 to $25.16
• 50-Day Range: $21.75 to $26.52
• 52-Week Range: $8.22 to $26.65
• Volume: 2.44 million shs
• Average Volume: 2.97 million shs
• Market Capitalization: $3.54 billion
• P/E Ratio: 85.69
• Dividend Yield: N/A
• Price Target: $25.82
• Consensus Rating: Moderate Buy

Magnite Stock Analysis - MarketRank™

Magnite scored higher than 68% of companies evaluated by MarketBeat, and ranked 308th out of 649 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: 2.8 / 5
• Analyst Rating: Moderate Buy

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.

Upside/Downside

The consensus price target for Magnite is close to its current price, suggesting limited near-term upside or downside.

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.

Earnings and Valuation

• Score: 3.1 / 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 85.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 277.96.

Price to Earnings Ratio vs. Sector

The P/E ratio of Magnite is 85.69, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 440.20.

Price to Earnings Growth Ratio

Magnite has a PEG Ratio of 1.71. 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 4.55. 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

10.51% 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 5.3.

Change versus previous month

Short interest in Magnite has recently decreased by 1.71%, 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.

Sustainability and ESG

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

Percentage of Shares Shorted

10.51% 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 5.3.

Change versus previous month

Short interest in Magnite has recently decreased by 1.71%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.68

News Sentiment

Magnite has a news sentiment score of 0.68. 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 Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Magnite this week, compared to 10 articles on an average week.

Search Interest

13 people have searched for MGNI on MarketBeat in the last 30 days. This is an increase of 18% compared to the previous 30 days.

MarketBeat Follows

5 people have added Magnite to their MarketBeat watchlist in the last 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 $23,924,676.00 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 at the beginning of the year. Since then, MGNI shares have increased by 56.1% and is now trading at $24.85.

How were Magnite's earnings last quarter?

Magnite, Inc. (NASDAQ:MGNI) posted its earnings results on Wednesday, August, 6th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.03. The firm's revenue for the quarter was up 6.4% on a year-over-year basis.
Read the conference call transcript.

Who are Magnite's major shareholders?

Top institutional investors of Magnite include Boston Partners (3.91%), American Century Companies Inc. (3.39%), Edenbrook Capital LLC (2.54%) and Geode Capital Management LLC (2.28%). Insiders that own company stock include Katie Seitz Evans, David Day, Adam Lee Soroca, Sean Patrick Buckley, Michael G Barrett, David Buonasera, Aaron Saltz, Rachel Lam, Paul Caine, Lisa L Troe, James Rossman, Brian Gephart, David T Pearson, Diane Yu and Robert F Spillane.
View institutional ownership trends.

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: 8/06/2025
• Today: 9/06/2025
• Next Earnings (Estimated): 11/06/2025
• 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 Price Target for Magnite: $25.82
• High Price Target: $39.00
• Low Price Target: $18.00
• Potential Upside/Downside: +3.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.91
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.29
• Trailing P/E Ratio: 85.69
• Forward P/E Ratio: 75.30
• P/E Growth: 1.71
• Net Income: $22.79 million
• Net Margins: 6.30%
• Pretax Margin: 7.31%
• Return on Equity: 8.07%
• Return on Assets: 2.17%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 1.00
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $668.17 million
• Price / Sales: 5.30
• Cash Flow: $0.77 per share
• Price / Cash Flow: 32.13
• Book Value: $5.46 per share
• Price / Book: 4.55

Miscellaneous

• Outstanding Shares: 142,400,000
• Free Float: 136,988,000
• Market Cap: $3.54 billion
• Optionable: Optionable
• Beta: 3.05