13.02
price down icon0.38%   -0.05
after-market  After Hours:  13.00  -0.02   -0.15%
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Magnite Inc stock is currently priced at $13.02, with a 24-hour trading volume of 1.55M. It has seen a -0.38% decreased in the last 24 hours and a +16.67% rose in the past month. The chart indicates a potential bearish trend, as the stock is below the $13.17 pivot point. If it approaches the $12.83 support level, significant changes may occur.
Previous Close:
$13.07
Open:
$13.02
24h Volume:
1.55M
Market Cap:
$1.82B
Revenue:
$619.71M
Net Income/Loss:
$-159.18M
P/E Ratio:
-7.5698
EPS:
-1.72
Net Cash Flow:
$176.98M
1W Performance:
-5.17%
1M Performance:
+16.67%
6M Performance:
+35.62%
1Y Performance:
-0.61%
1D Range:
Value
$12.81
$13.31
52W Range:
Value
$6.28
$15.73

Magnite Inc Stock (MGNI) Company Profile

Name
Name
Magnite Inc
Name
Phone
310 207 0272
Name
Address
12181 Bluff Creek Drive, 4th Floor, Los Angeles
Name
Employee
444
Name
Twitter
Name
Next Earnings Date
2024-06-12
Name
Latest SEC Filings
Name
MGNI's Discussions on Twitter

Magnite Inc Stock (MGNI) Upgrades & Downgrades

Date Action Analyst Rating Change
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) Financials Data

Magnite Inc (MGNI) Revenue 2024

MGNI reported a revenue (TTM) of $619.71 million for the quarter ending December 31, 2023, a +7.39% rise year-over-year.
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Magnite Inc (MGNI) Net Income 2024

MGNI net income (TTM) was -$159.18 million for the quarter ending December 31, 2023, a -22.15% decrease year-over-year.
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Magnite Inc (MGNI) Cash Flow 2024

MGNI recorded a free cash flow (TTM) of $176.98 million for the quarter ending December 31, 2023, a +19.46% increase year-over-year.
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Magnite Inc (MGNI) Earnings per Share 2024

MGNI earnings per share (TTM) was -$1.24 for the quarter ending December 31, 2023, a -26.53% decline year-over-year.
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Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. Its omnichannel advertising platform enables publishers to monetize various auction types and formats, including CTV, desktop display, video, audio, and mobile, as well as allows agencies and brands to access brand-safe ad inventory and execute advertising transactions. The company is based in Los Angeles, California.
$35.93
price down icon 0.22%
advertising_agencies IAS
$9.77
price up icon 1.88%
$84.89
price up icon 1.90%
advertising_agencies EEX
$6.51
price up icon 1.72%
advertising_agencies ZD
$55.21
price up icon 3.04%
Cap:     |  Volume (24h):