MGNI Stock Chart & Stats
$360.00
$0.00(0.00%)
At close: 4:00 PM EDT
$360.00
$0.00(0.00%)
Day’s Range― - ―
52-Week Range$237.00 - $470.00
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
$57.90B
Enterprise Value$2.88B
Total Cash (Recent Filing)$332.62M
Total Debt (Recent Filing)$416.98M
Price to Earnings (P/E)18.4
Beta0.15
Next Earnings
Nov 04, 2026EPS Estimate
5.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.17
Shares Outstanding143,424,160
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.03
Price to Book (P/B)2.51
Price to Sales (P/S)3.24
P/FCF Ratio13.97
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$572.27Price Target Upside58.96% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)21.04
Revenue Forecast (FY)$14.11B
Bulls Say, Bears Say
Bulls Say
Profitability And ScaleMagnite has moved from losses in 2022–2023 to meaningful TTM profitability while expanding revenue over several years. This indicates improved operating scale and a stronger earnings base, giving the company more resources to invest in its platform and compete across digital advertising channels.
Lower LeverageThe substantial reduction in leverage improves Magnite’s financial resilience and reduces the burden of debt service on future earnings. A stronger equity position and lower debt dependence should provide greater flexibility to sustain operations, fund strategic priorities, and manage periods of uneven advertising demand.
Lower Financing CostsThe repricing directly lowers Magnite’s cost of capital and improves recurring cash flow without changing the core business model. Cumulative rate reductions and lender support for the balance sheet can strengthen financial flexibility, helping preserve funds for investment and shareholder value initiatives.
Bears Say
Volatile Revenue GrowthAlthough Magnite has achieved meaningful multi-year revenue growth, the uneven pattern makes it harder to establish a dependable expansion rate. Results may reflect a step-change or nonlinear recovery, so future planning and operating leverage could be affected if growth normalizes or fluctuates.
Weaker Cash ConversionThe decline in free cash flow despite stronger earnings indicates that recent profit growth has not translated consistently into cash generation. Lower operating cash flow relative to net income may limit internally funded investment and makes earnings quality more dependent on working-capital timing.
Asset Support RelianceMagnite’s balance sheet still depends on maintaining earnings strength because its asset base is large relative to shareholder equity. If profitability weakened for a sustained period, the company would have less equity cushion supporting those assets, potentially constraining financial flexibility and capital allocation.
Magnite News
MGNI FAQ
What was Magnite’s price range in the past 12 months?
Magnite lowest stock price was $237.00 and its highest was $470.00 in the past 12 months.
What is Magnite’s market cap?
Magnite’s market cap is $57.90B.
When is Magnite’s upcoming earnings report date?
Magnite’s upcoming earnings report date is Nov 04, 2026 which is in 4 days.
How were Magnite’s earnings last quarter?
Magnite released its earnings results on Aug 05, 2026. The company reported $4.885 earnings per share for the quarter, beating the consensus estimate of $4.565 by $0.319.
Is Magnite overvalued?
According to Wall Street analysts Magnite’s price is currently Undervalued.
Does Magnite pay dividends?
Magnite does not currently pay dividends.
What is Magnite’s EPS estimate?
Magnite’s EPS estimate is 5.37.
How many shares outstanding does Magnite have?
Magnite has 143,424,160 shares outstanding.
What happened to Magnite’s price movement after its last earnings report?
Magnite reported an EPS of $4.885 in its last earnings report, beating expectations of $4.565. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Magnite?
Currently, no hedge funds are holding shares in MX:MGNI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Magnite Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$572.27 (58.96% Upside)
$572.27 (58.96% Upside)
Blogger Sentiment
Bullish
MX:MGNI Sentiment 81%
Sector Average 59%
Sector Average 59%
Insider Transactions
Sold Shares
Worth $14.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
24.14%
12-Months-Change
Fundamentals
Return on Equity
18.62%
Trailing 12-Months
Asset Growth
3.61%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Magnite
Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.
MGNI Company Deck
MGNI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial progress driven by a robust CTV ramp, double-digit contribution ex-TAC growth, margin expansion, and durability in key customer relationships. Management highlighted durable cost efficiencies (cloud and AI), a disciplined capital allocation plan (debt paydown and buybacks), and raised full-year margin and free-cash-flow targets. Offsetting risks include ongoing DV+ decline, vertical-specific macro weakness (automotive, technology), a large quarter-over-quarter cash reduction from debt repayment and repurchases, uncertainty around timing of Google AdTech remedies, and a planned CFO transition. On balance, the positive growth, profitability, and strategic momentum notably outweigh the moderate risks discussed.View all MX:MGNI earnings summariesMGNI Stock 12 Month Forecast
Average Price Target
$572.27
▲(58.96% Upside)