16.62
price down icon0.42%   -0.07
after-market After Hours: 16.75 0.13 +0.78%
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Magnite Inc stock is traded at $16.62, with a volume of 1.18M. It is down -0.42% in the last 24 hours and up +33.28% over the past month. Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
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Previous Close:
$16.69
Open:
$16.82
24h Volume:
1.18M
Relative Volume:
0.64
Market Cap:
$2.32B
Revenue:
$649.22M
Net Income/Loss:
$-5.40M
P/E Ratio:
-9.6628
EPS:
-1.72
Net Cash Flow:
$158.90M
1W Performance:
+3.68%
1M Performance:
+33.28%
6M Performance:
+32.22%
1Y Performance:
+99.76%
1-Day Range:
Value
$16.23
$16.82
1-Week Range:
Value
$15.70
$18.38
52-Week Range:
Value
$7.965
$18.38

Magnite Inc Stock (MGNI) Company Profile

Name
Name
Magnite Inc
Name
Phone
212-243-2769
Name
Address
1250 BROADWAY, NEW YORK
Name
Employee
911
Name
Twitter
Name
Next Earnings Date
2024-11-07
Name
Latest SEC Filings
Name
MGNI's Discussions on Twitter

Compare MGNI with other stocks

Stocks Price Market Cap Revenue Net Income Cash Flow EPS
Advertising Agencies icon
MGNI
Magnite Inc
16.62 2.32B 649.22M -5.40M 158.90M -1.72
Advertising Agencies icon
OMC
Omnicom Group Inc
104.35 20.52B 15.43B 1.37B 1.50B 6.88
Advertising Agencies icon
WPP
Wpp Plc Adr
53.71 11.62B 18.59B 256.66M 1.13B 2.9082
Advertising Agencies icon
IPG
Interpublic Group Of Cos Inc
30.48 10.93B 10.86B 808.20M 922.50M 2.40
Advertising Agencies icon
ZD
Ziff Davis Inc
57.71 2.45B 1.37B 59.76M 173.37M 1.93

Magnite Inc Stock (MGNI) Upgrades & Downgrades

Date Action Analyst Rating Change
Oct-29-24 Initiated Wells Fargo Equal Weight
Jul-25-24 Initiated Lake Street Buy
Jul-16-24 Initiated Wolfe Research Outperform
May-24-24 Upgrade BofA Securities Neutral → Buy
Apr-19-24 Resumed B. Riley Securities Buy
Jan-11-24 Initiated BofA Securities Neutral
Aug-16-23 Upgrade Evercore ISI In-line → Outperform
Apr-13-23 Initiated B. Riley Securities Buy
Jul-14-22 Initiated The Benchmark Company Buy
Sep-22-21 Initiated Berenberg Buy
Aug-31-21 Initiated Macquarie Outperform
Aug-09-21 Initiated RBC Capital Mkts Outperform
Jun-07-21 Upgrade Truist Hold → Buy
Apr-06-21 Initiated Evercore ISI In-line
Jan-28-21 Resumed B. Riley Securities Neutral
Jan-25-21 Downgrade Truist Buy → Hold
Jan-22-21 Reiterated Craig Hallum Buy
Dec-21-20 Reiterated Needham Buy
Dec-18-20 Initiated Susquehanna Positive
Nov-10-20 Reiterated Needham Buy
Sep-29-20 Initiated RBC Capital Mkts Outperform
Sep-03-20 Initiated Needham Buy
View All

Magnite Inc Stock (MGNI) Latest News

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Nov 27, 2024

Insider Sell Alert: Aaron Saltz Sells Shares of Magnite Inc (MGN - GuruFocus.com

Nov 27, 2024
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Nov 27, 2024

Magnite CTO David Buonasera sells $7,232 in stock - Investing.com

Nov 27, 2024
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Nov 27, 2024

Magnite CEO Michael Barrett sells $476,080 in stock - Investing.com

Nov 27, 2024
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Nov 27, 2024

Magnite's CTO David Buonasera sells shares valued at $156,723 - Investing.com India

Nov 27, 2024
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Nov 27, 2024

Edenbrook Capital LLC Has $48.41 Million Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Nov 27, 2024
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Nov 26, 2024

MGNI (Magnite) Book Value per Share : $5.14 (As of Sep. 2024) - GuruFocus.com

Nov 26, 2024
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Nov 26, 2024

Insider Sell: David Buonasera Sells Shares of Magnite Inc (MGNI) - GuruFocus.com

Nov 26, 2024
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Nov 26, 2024

Millrace Asset Group Inc. Sells 48,361 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Nov 26, 2024
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Nov 26, 2024

Magnite (FRA:15R) Growth Rank : 8 (As of Nov. 26, 2024) - GuruFocus.com

Nov 26, 2024
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Nov 26, 2024

Connor Clark & Lunn Investment Management Ltd. Makes New $2.07 Million Investment in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Nov 26, 2024
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Nov 26, 2024

Magnite (FRA:15R) Debt-to-EBITDA : 5.60 (As of Sep. 2024) - GuruFocus.com

Nov 26, 2024
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Nov 26, 2024

Magnite (FRA:15R) 3-Year EPS without NRI Growth Rate : -46.80% (As of Sep. 2024) - GuruFocus.com

Nov 26, 2024
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Nov 26, 2024

Magnite (FRA:15R) Debt-to-Equity : 0.85 (As of Sep. 2024) - GuruFocus.com

Nov 26, 2024
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Nov 24, 2024

MGNI (Magnite) GF Value Rank : 3 (As of Nov. 24, 2024) - GuruFocus.com

Nov 24, 2024
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Nov 24, 2024

(MGNI) Technical Data - Stock Traders Daily

Nov 24, 2024
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Nov 24, 2024

Magnite, Inc. (NASDAQ:MGNI) Holdings Raised by Principal Financial Group Inc. - MarketBeat

Nov 24, 2024
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Nov 23, 2024

Magnite Inc (NASDAQ:MGNI): A Bullish Investment Perspective - MSN

Nov 23, 2024
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Nov 23, 2024

Magnite (NASDAQ:MGNI) Reaches New 1-Year HighTime to Buy? - MarketBeat

Nov 23, 2024
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Nov 22, 2024

Magnite director Robert Spillane sells $201,500 in stock By Investing.com - Investing.com Canada

Nov 22, 2024
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Nov 22, 2024

Robert F. Spillane Sells 12,500 Shares of Magnite, Inc. (NASDAQ:MGNI) Stock - MarketBeat

Nov 22, 2024
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Nov 22, 2024

Insider Selling: Robert Spillane Sells 12,500 Shares of Magnite Inc (MGNI) - GuruFocus.com

Nov 22, 2024
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Nov 22, 2024

Magnite director Robert Spillane sells $201,500 in stock - Investing.com

Nov 22, 2024
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Nov 22, 2024

MGNI (Magnite) GF Value Rank : 3 (As of Nov. 22, 2024) - GuruFocus.com

Nov 22, 2024
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Nov 21, 2024

MGNI or INFA: Which Is the Better Value Stock Right Now? - MSN

Nov 21, 2024
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Nov 21, 2024

Magnite (MEX:MGNI) Total Inventories : MXN0 Mil (As of Sep. 2024) - GuruFocus.com

Nov 21, 2024
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Nov 21, 2024

Magnite Inc call volume above normal and directionally bullish - TipRanks

Nov 21, 2024
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Nov 21, 2024

Magnite (MEX:MGNI) GF Score : 69/100 (As of Nov. 21, 2024) - GuruFocus.com

Nov 21, 2024
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Nov 21, 2024

Magnite (MEX:MGNI) Enterprise Value : MXN50,020 Mil (As of Nov. 21, 2024) - GuruFocus.com

Nov 21, 2024
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Nov 21, 2024

Magnite (STU:15R) Profitability Rank : 5 (As of Sep. 2024) - GuruFocus.com

Nov 21, 2024
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Nov 19, 2024

Magnite CTO David Buonasera sells shares worth $4,368 - Investing.com India

Nov 19, 2024
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Nov 19, 2024

Magnite CTO David Buonasera sells shares worth $4,368 By Investing.com - Investing.com South Africa

Nov 19, 2024
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Nov 19, 2024

Magnite's chief product officer sells $122,444 in stock - Investing.com India

Nov 19, 2024
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Nov 19, 2024

Magnite's chief revenue officer sells common stock worth $156,015 By Investing.com - Investing.com Canada

Nov 19, 2024
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Nov 19, 2024

Magnite CEO Michael Barrett sells $1.61 million in stock By Investing.com - Investing.com Canada

Nov 19, 2024
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Nov 19, 2024

Magnite's chief revenue officer sells common stock worth $156,015 - Investing.com

Nov 19, 2024
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Nov 19, 2024

Magnite CEO Michael Barrett sells $1.61 million in stock - Investing.com

Nov 19, 2024
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Nov 19, 2024

Magnite's chief accounting officer sells $33,633 in stock By Investing.com - Investing.com UK

Nov 19, 2024
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Nov 19, 2024

Victory Capital Management Inc. Has $18.57 Million Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Nov 19, 2024
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Nov 16, 2024

Insider Sale: Chief Technology Officer David Buonasera Sells Sha - GuruFocus.com

Nov 16, 2024
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Nov 16, 2024

Royce & Associates LP Buys 73,555 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Nov 16, 2024
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Nov 14, 2024

Insider Sale: Chief Accounting Officer Brian Gephart Sells Shares of Magnite Inc (MGNI) - GuruFocus.com

Nov 14, 2024
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Nov 13, 2024

How To Trade (MGNI) - Stock Traders Daily

Nov 13, 2024
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Nov 13, 2024

TCL Selects Magnite to Elevate Its Streaming Strategy and Strengthen Its Ad-Supported Business - Marketscreener.com

Nov 13, 2024
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Nov 13, 2024

Magnite Inc (MGNI) Stock Price Up 3.53% on Nov 13 - GuruFocus.com

Nov 13, 2024
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Nov 13, 2024

FMR LLC Adjusts Stake in Magnite Inc - GuruFocus.com

Nov 13, 2024
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Nov 12, 2024

Magnite selected by TCL to elevate streaming strategy - TipRanks

Nov 12, 2024
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Nov 12, 2024

Magnite Lands Major Ad Deal with TCL, World's #2 TV Maker with 24M Streaming Users | MGNI Stock News - StockTitan

Nov 12, 2024
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Nov 12, 2024

Magnite, Inc.'s (NASDAQ:MGNI) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue? - Simply Wall St

Nov 12, 2024
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Nov 12, 2024

Optimistic Investors Push Magnite, Inc. (NASDAQ:MGNI) Shares Up 29% But Growth Is Lacking - Simply Wall St

Nov 12, 2024
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Nov 11, 2024

Lisanti Capital Growth LLC Sells 136,395 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Nov 11, 2024
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Nov 11, 2024

MGNI stock touches 52-week high at $15.93 amid robust growth - Investing.com

Nov 11, 2024

Magnite Inc Stock (MGNI) Financials Data

Revenue

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Net Income

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Cash Flow

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EPS

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Magnite Inc Stock (MGNI) Insider Trading

Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total
Soroca Adam Lee
CHIEF PRODUCT OFFICER
Nov 22 '24
Sale
17.00
8,328
141,576
421,347
Buonasera David
CHIEF TECHNOLOGY OFFICER
Nov 22 '24
Sale
17.00
9,219
156,723
226,195
$42.34
price up icon 1.85%
advertising_agencies ZD
$57.71
price down icon 0.29%
advertising_agencies IAS
$11.19
price up icon 0.63%
$22.78
price down icon 0.04%
advertising_agencies ADV
$3.51
price down icon 1.13%
Cap:     |  Volume (24h):