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 - $457.59
Previous CloseN/A
Volume0.00
Average Volume (3M)0.00
Market Cap
$58.55B
Enterprise Value$2.88K
Total Cash (Recent Filing)$332.62M
Total Debt (Recent Filing)$416.98M
Price to Earnings (P/E)20.3
Beta0.26
Next Earnings
Nov 11, 2026EPS Estimate
4.87Next 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
$480.23Price Target Upside33.40% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)19.18
Revenue Forecast (FY)$12.85B
Bulls Say, Bears Say
Bulls Say
Profitability ReboundThe return to strong profitability marks a meaningful improvement in operating performance and provides more internal funding for product investment, publisher relationships, and platform development. Maintaining this earnings base would strengthen Magnite’s resilience across advertising cycles.
Lower Financial LeverageThe substantial reduction in leverage lowers financial risk and gives Magnite greater flexibility to manage advertising-cycle volatility, invest in its platform, or pursue other strategic priorities. A stronger equity position also reduces the burden that debt service can place on future cash generation.
Positive Cash GenerationPositive operating and free cash flow indicate that Magnite’s platform economics are producing cash rather than relying solely on accounting earnings or external financing. This supports ongoing operations and gives management resources to fund growth while preserving balance-sheet flexibility.
Bears Say
Volatile Growth ProfileAlthough the multi-year revenue trajectory is favorable, the unusually high latest growth rate compared with recent annual results suggests expansion has been uneven. That volatility makes it harder to assess the sustainable pace of demand and increases uncertainty around future operating leverage.
Weaker Cash ConversionThe decline in free cash flow alongside higher earnings indicates that profit is not converting into cash as consistently as before. Lower cash conversion can limit internally funded investment and may make results more sensitive to working-capital movements or timing effects.
Asset Support Depends On EarningsMagnite’s reduced leverage is a strength, but the balance sheet still requires continued earnings power to support its asset base. If profitability weakens materially, the company could have less flexibility to absorb asset-value pressure while maintaining investment and operating commitments.
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 $457.59 in the past 12 months.
What is Magnite’s market cap?
Magnite’s market cap is $58.55B.
When is Magnite’s upcoming earnings report date?
Magnite’s upcoming earnings report date is Nov 11, 2026 which is in 63 days.
How were Magnite’s earnings last quarter?
Magnite released its earnings results on Aug 05, 2026. The company reported $4.426 earnings per share for the quarter, beating the consensus estimate of $4.136 by $0.289.
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 4.87.
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 $4.426 in its last earnings report, beating expectations of $4.136. 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:
$480.23 (33.40% Upside)
$480.23 (33.40% Upside)
Blogger Sentiment
Bullish
MX:MGNI Sentiment 73%
Sector Average 57%
Sector Average 57%
Insider Transactions
Sold Shares
Worth $9.3M 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
-6.50%
12-Months-Change
Fundamentals
Return on Equity
―
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
$480.23
▲(33.40% Upside)