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17.48
0.46%
-0.08
After Hours:
17.60
0.12
+0.69%
Magnite Inc stock is traded at $17.48, with a volume of 1.26M.
It is down -0.46% in the last 24 hours and up +6.52% 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:
$17.56
Open:
$17.58
24h Volume:
1.26M
Relative Volume:
0.70
Market Cap:
$2.46B
Revenue:
$649.22M
Net Income/Loss:
$-5.40M
P/E Ratio:
-158.91
EPS:
-0.11
Net Cash Flow:
$158.90M
1W Performance:
+0.69%
1M Performance:
+6.52%
6M Performance:
+23.45%
1Y Performance:
+87.15%
1-Day Range:
$17.30
$17.84
1-Week Range:
$16.00
$17.84
52-Week Range:
$8.375
$18.38
Magnite Inc Stock (MGNI) Company Profile
Name
Magnite Inc
Sector
Industry
Phone
212-243-2769
Address
1250 BROADWAY, NEW YORK
Compare MGNI with other stocks
| Stocks | Price | Market Cap | Revenue | Net Income | Cash Flow | EPS |
|---|---|---|---|---|---|---|
MGNI
Magnite Inc
|
17.48 | 2.46B | 649.22M | -5.40M | 158.90M | -0.11 |
|
OMC
Omnicom Group Inc
|
86.52 | 16.94B | 15.43B | 1.37B | 1.50B | 7.32 |
|
WPP
Wpp Plc Adr
|
48.31 | 10.42B | 18.59B | 256.66M | 1.13B | 1.1736 |
|
IPG
Interpublic Group Of Cos Inc
|
28.71 | 9.95B | 10.86B | 808.20M | 922.50M | 2.12 |
|
ZD
Ziff Davis Inc
|
54.00 | 2.31B | 1.37B | 59.76M | 173.37M | 1.21 |
Magnite Inc Stock (MGNI) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| Dec-05-24 | Reiterated | Needham | Buy |
| Dec-05-24 | Initiated | Scotiabank | Sector Outperform |
| 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
Best Digital Media Stocks To Keep An Eye OnJanuary 30th - MarketBeat
Pixalate’s H2 2024 EMEA Programmatic Seller Supply Path Optimization (SPO) Rankings: Google AdExchange No. 1 on Web in Germany, Digital Turbine Leads on Mobile Apps in the UK; Freewheel No. 1 on Samsung Smart TV in the UK - GlobeNewswire Inc.
Equities Analysts Offer Predictions for Magnite Q4 Earnings - MarketBeat
Exclusive: How Magnite Just Unlocked 51M Premium Sports Streams for Advertisers - StockTitan
Pixalate’s H2 2024 North America Programmatic Seller Supply Path Optimization (SPO) Rankings: Google AdExchange No. 1 on Web in US & Canada, Verve Leads on Mobile Apps & Magnite No. 1 on CTV Across Roku, Apple TV, & Amazon Fire TV - Yahoo Finance
Magnite Inc. (MGNI): Why You Should Buy This Marketing Stock Right Now - Insider Monkey
10 Best Marketing Stocks to Buy Right Now - Insider Monkey
The 10% return this week takes Magnite's (NASDAQ:MGNI) shareholders one-year gains to 85% - Yahoo Finance
(MGNI) On The My Stocks Page - Stock Traders Daily
Magnite (NASDAQ:MGNI) Shares Gap UpHere's What Happened - MarketBeat
Magnite, Inc. (MGNI): A Bull Case Theory - Yahoo Finance
Merit Financial Group LLC Purchases New Holdings in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite Inc (MGNI) Shares Up 7.63% on Jan 22 - GuruFocus.com
Magnite to Announce Fourth Quarter 2024 Financial Results on February 26, 2025 - The Manila Times
Magnite Sets Q4 2024 Earnings Date: Ad Tech Leader Reports February 26 After Market - StockTitan
Wedge Capital Management L L P NC Sells 17,472 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite’s (MGNI) “Buy” Rating Reiterated at Needham & Company LLC - Defense World
FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion - Branding in Asia Magazine
Magnite, Inc. (NASDAQ:MGNI) Q1 2024 Earnings Call Transcript - MSN
Spectrum Reach, Magnite partner on programmatic advertising - imdb
Magnite (NASDAQ:MGNI) Earns "Buy" Rating from Needham & Company LLC - MarketBeat
Here’s Crossroads Capital’s Views on Magnite (MGNI) - MSN
Magnite (NASDAQ:MGNI) Price Target Raised to $15.00 at Wells Fargo & Company - MarketBeat
Magnite (NASDAQ:MGNI) Shares Down 6.6%Time to Sell? - MarketBeat
Here’s Why Magnite, Inc. (MGNI) Is Gaining Momentum From Key Collaborations - MSN
Taboola (TBLA) vs. Magnite (MGNI): Which Advertising Stock Is the Superior Investment? - Inkl
10 Stocks Gaining Momentum From Key Collaborations - Insider Monkey
Magnite (NASDAQ:MGNI) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says - MarketBeat
Financial Enhancement Group LLC Acquires New Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite, Inc. (NASDAQ:MGNI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages - Defense World
Magnite Expands Samsung TV Plus Ad Partnership Across Southeast Asia, Taps Massive FAST Market - StockTitan
FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion to Power Video Advertising on FIFA+ and FAST Channels Globally - Marketscreener.com
Despite shrinking by US$218m in the past week, Magnite (NASDAQ:MGNI) shareholders are still up 71% over 1 year - Simply Wall St
MGNI (Magnite) 5-Year EBITDA Growth Rate : 0.00% (As of Sep. 2024) - GuruFocus.com
Magnite, Inc. (NASDAQ:MGNI) Shares Sold by Harbor Capital Advisors Inc. - MarketBeat
JPMorgan Chase & Co. Sells 50,124 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite's SWOT analysis: CTV growth potential drives stock outlook - Investing.com India
Magnite's SWOT analysis: CTV growth potential drives stock outlook By Investing.com - Investing.com Canada
Magnite, Inc. (NASDAQ:MGNI) Shares Acquired by Nordea Investment Management AB - MarketBeat
Magnite stock retains buy rating, steady target on revenue growth By Investing.com - Investing.com Australia
Magnite’s SWOT analysis: CTV growth potential drives stock outlook By Investing.com - Investing.com Nigeria
Magnite CFO David Day sells $226,865 in common stock By Investing.com - Investing.com Australia
Magnite stock retains buy rating, steady target on revenue growth - Investing.com India
Magnite CFO David Day sells $226,865 in common stock - Investing.com India
MGNIMagnite, Inc. Latest Stock News & Market Updates - StockTitan
Magnite, Inc. (NASDAQ:MGNI) CFO David Day Sells 13,345 Shares - MarketBeat
Magnite Inc (MGNI) Stock Price Down 3.85% on Jan 7 - GuruFocus.com
AdGood Launches Revolutionary CTV Ad Platform for Nonprofits with 400% Better Performance - StockTitan
Magnite Teams with Playwire to Launch Exclusive High-Impact Ad Format Suite - StockTitan
Magnite Inc Stock (MGNI) Financials Data
Revenue
Net Income
Cash Flow
EPS
0.09%
0.76%
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