17.68
price down icon3.18%   -0.58
 
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Magnite Inc stock is traded at $17.68, with a volume of 3.02M. It is down -3.18% in the last 24 hours and up +12.47% 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:
$18.26
Open:
$18.63
24h Volume:
3.02M
Relative Volume:
1.53
Market Cap:
$2.49B
Revenue:
$661.13M
Net Income/Loss:
$17.29M
P/E Ratio:
294.67
EPS:
0.06
Net Cash Flow:
$156.88M
1W Performance:
-11.60%
1M Performance:
+12.47%
6M Performance:
+29.52%
1Y Performance:
+86.11%
1-Day Range:
Value
$17.51
$18.71
1-Week Range:
Value
$17.51
$20.06
52-Week Range:
Value
$8.375
$21.29

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
17.68 2.49B 661.13M 17.29M 156.88M 0.06
Advertising Agencies icon
OMC
Omnicom Group Inc
82.30 16.17B 15.43B 1.37B 1.50B 7.32
Advertising Agencies icon
WPP
Wpp Plc Adr
47.47 10.24B 18.59B 256.66M 1.13B 1.1736
Advertising Agencies icon
IPG
Interpublic Group Of Cos Inc
27.07 10.09B 10.86B 808.20M 922.50M 2.12
Advertising Agencies icon
CRTO
Criteo S A Adr
41.85 2.27B 1.96B 102.18M 144.20M 1.72

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

pulisher
06:25 AM

Magnite president of revenue sells $201,381 in stock By Investing.com - Investing.com South Africa

06:25 AM
pulisher
Feb 21, 2025

Magnite president of revenue sells $201,381 in stock - Investing.com India

Feb 21, 2025
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Feb 21, 2025

Moody's upgrades Magnite's corporate family rating to B1, maintains stable outlook - Investing.com Australia

Feb 21, 2025
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Feb 21, 2025

Magnite (MGNI) Projected to Post Earnings on Wednesday - MarketBeat

Feb 21, 2025
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Feb 20, 2025

Rice Hall James & Associates LLC Takes $3 Million Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Feb 20, 2025
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Feb 20, 2025

Digital Media Stocks Worth WatchingFebruary 20th - MarketBeat

Feb 20, 2025
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Feb 20, 2025

How DIRECTV's New Ad Tech Partnership Unlocks Massive Live Sports Revenue Potential - StockTitan

Feb 20, 2025
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Feb 19, 2025

Why Magnite (MGNI) Soared Last Week? - MSN

Feb 19, 2025
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Feb 19, 2025

Magnite (NASDAQ:MGNI) Trading Down 4.7%Should You Sell? - MarketBeat

Feb 19, 2025
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Feb 18, 2025

(MGNI) Long Term Investment Analysis - Stock Traders Daily

Feb 18, 2025
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Feb 18, 2025

Top Digital Media Stocks To Follow TodayFebruary 16th - MarketBeat

Feb 18, 2025
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Feb 17, 2025

Magnite (NASDAQ:MGNI) Shares Gap Down on Insider Selling - MarketBeat

Feb 17, 2025
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Feb 17, 2025

Best Digital Media Stocks To Add to Your WatchlistFebruary 17th - MarketBeat

Feb 17, 2025
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Feb 17, 2025

Investors Buy High Volume of Call Options on Magnite (NASDAQ:MGNI) - MarketBeat

Feb 17, 2025
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Feb 16, 2025

Digital Media Stocks To Add to Your WatchlistFebruary 13th - MarketBeat

Feb 16, 2025
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Feb 16, 2025

Magnite, Inc. (NASDAQ:MGNI) Director Sells $101,750.00 in Stock - MarketBeat

Feb 16, 2025
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Feb 15, 2025

Top Digital Media Stocks Worth WatchingFebruary 15th - MarketBeat

Feb 15, 2025
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Feb 15, 2025

There's Reason For Concern Over Magnite, Inc.'s (NASDAQ:MGNI) Massive 32% Price Jump - Simply Wall St

Feb 15, 2025
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Feb 14, 2025

Magnite (NASDAQ:MGNI) Trading Down 4.3% on Insider Selling - MarketBeat

Feb 14, 2025
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Feb 14, 2025

Magnite (NASDAQ:MGNI) Trading Down 4.3% Following Insider Selling - MarketBeat

Feb 14, 2025
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Feb 13, 2025

Stephens Investment Management Group LLC Acquires 592,853 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Feb 13, 2025
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Feb 13, 2025

Magnite to Participate in the Susquehanna Financial Group 14th Annual Technology Conference - EIN News

Feb 13, 2025
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Feb 13, 2025

Magnite Shares Surge Amid Strategic Partnership News - TipRanks

Feb 13, 2025
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Feb 13, 2025

Top Digital Media Stocks To Add to Your WatchlistFebruary 09th - MarketBeat

Feb 13, 2025
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Feb 13, 2025

Magnite director Paul Caine sells $101,750 in stock - MSN

Feb 13, 2025
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Feb 12, 2025

Director Paul Caine Sells 5,000 Shares of Magnite Inc (MGNI) - GuruFocus.com

Feb 12, 2025
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Feb 12, 2025

Magnite director Paul Caine sells $101,750 in stock By Investing.com - Investing.com UK

Feb 12, 2025
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Feb 12, 2025

Magnite, Inc. (NASDAQ:MGNI) Director James Rossman Sells 149,936 Shares - MarketBeat

Feb 12, 2025
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Feb 12, 2025

Insider Selling: Magnite, Inc. (NASDAQ:MGNI) Insider Sells 18,693 Shares of Stock - MarketBeat

Feb 12, 2025
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Feb 11, 2025

Insider Selling: Magnite, Inc. (NASDAQ:MGNI) CFO Sells 39,000 Shares of Stock - MarketBeat

Feb 11, 2025
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Feb 11, 2025

Magnite Unusual Options Activity For February 11 - Benzinga

Feb 11, 2025
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Feb 11, 2025

Jennison Associates LLC Invests $818,000 in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Feb 11, 2025
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Feb 10, 2025

MGNI Crosses Above Average Analyst Target - Nasdaq

Feb 10, 2025
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Feb 10, 2025

Calamos Advisors LLC Has $559,000 Stock Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat

Feb 10, 2025
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Feb 10, 2025

Magnite (NASDAQ:MGNI) Sets New 12-Month HighStill a Buy? - MarketBeat

Feb 10, 2025
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Feb 10, 2025

Magnite, Inc. (NASDAQ:MGNI) Given Consensus Recommendation of "Moderate Buy" by Brokerages - MarketBeat

Feb 10, 2025
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Feb 09, 2025

X Adds Magnite As A Programmatic Ad Seller 02/10/2025 - MediaPost Communications

Feb 09, 2025
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Feb 09, 2025

Magnite stock rises on reports of new partnership deal with Elon Musk's X - MSN

Feb 09, 2025
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Feb 09, 2025

Magnite director James Rossman sells $2.92 million in stock - MSN

Feb 09, 2025
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Feb 09, 2025

Magnite chief legal officer Aaron Saltz sells shares worth $354,453 - MSN

Feb 09, 2025

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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$41.85
price down icon 4.58%
advertising_agencies ZD
$47.93
price down icon 3.93%
advertising_agencies IAS
$10.37
price down icon 0.10%
$20.11
price down icon 4.47%
advertising_agencies EEX
$4.23
price down icon 2.08%
Cap:     |  Volume (24h):