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15.44
1.98%
0.30
Pre-market:
15.43
-0.010
-0.06%
Magnite Inc stock is traded at $15.44, with a volume of 1.11M.
It is up +1.98% in the last 24 hours and down -6.82% 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:
$15.14
Open:
$15.54
24h Volume:
1.11M
Relative Volume:
0.64
Market Cap:
$2.17B
Revenue:
$649.22M
Net Income/Loss:
$-5.40M
P/E Ratio:
-140.36
EPS:
-0.11
Net Cash Flow:
$158.90M
1W Performance:
-1.09%
1M Performance:
-6.82%
6M Performance:
+4.39%
1Y Performance:
+77.68%
1-Day Range:
$15.37
$15.64
1-Week Range:
$14.89
$16.44
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
|
15.44 | 2.17B | 649.22M | -5.40M | 158.90M | -0.11 |
|
OMC
Omnicom Group Inc
|
85.38 | 16.77B | 15.43B | 1.37B | 1.50B | 7.32 |
|
IPG
Interpublic Group Of Cos Inc
|
27.83 | 9.95B | 10.86B | 808.20M | 922.50M | 2.12 |
|
WPP
Wpp Plc Adr
|
45.11 | 9.73B | 18.59B | 256.66M | 1.13B | 1.1736 |
|
ZD
Ziff Davis Inc
|
54.93 | 2.35B | 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
Wedge Capital Management L L P NC Sells 17,472 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
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? - StockNews.com
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 Expands Samsung TV Plus Ad Partnership Across Southeast Asia, Taps Massive FAST Market - StockTitan
Magnite Strengthens Partnership with Samsung Ads to Power Programmatic Advertising on Samsung TV Plus in Southeast Asia - GlobeNewswire Inc.
FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion to Power Video Advertising on FIFA+ and FAST Channels Globally - Marketscreener.com
Magnite Wins Major FIFA+ Deal as Global Programmatic Advertising Provider for Football Streaming - StockTitan
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
(MGNI) Trading Signals - Stock Traders Daily
Magnite, Inc. (NASDAQ:MGNI) Shares Acquired by Principal Financial Group Inc. - MarketBeat
Magnite price target raised to $22 from $19 at RBC Capital - Yahoo Finance
MGNI Stock Surges 31% in 3 Months: Is There Room for Further Growth? - MSN
Magnite (NASDAQ:MGNI) Price Target Raised to $22.00 - MarketBeat
Magnite (NASDAQ:MGNI) Shares Gap Up Following Analyst Upgrade - MarketBeat
Wolfe Research Raises Magnite (NASDAQ:MGNI) Price Target to $19.00 - MarketBeat
Magnite, Inc. (NASDAQ:MGNI) Shares Acquired by Franklin Resources Inc. - MarketBeat
(MGNI) Technical Pivots with Risk Controls - Stock Traders Daily
Magnite, Inc.'s (NASDAQ:MGNI) high institutional ownership speaks for itself as stock continues to impress, up 4.5% over last week - Simply Wall St
Magnite, Inc. (NASDAQ:MGNI) Stock Position Reduced by HighTower Advisors LLC - MarketBeat
Geode Capital Management LLC Acquires 63,545 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Barclays PLC Buys 164,093 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
With 87% ownership, Magnite, Inc. (NASDAQ:MGNI) boasts of strong institutional backing - Yahoo Finance
Magnite: Capitalizing On CTV Tailwinds As The Leading SSP (NASDAQ:MGNI) - Seeking Alpha
Magnite, Inc. (NASDAQ:MGNI) Receives Average Rating of "Moderate Buy" from Analysts - MarketBeat
Magnite Inc Stock (MGNI) Financials Data
Revenue
Net Income
Cash Flow
EPS
0.53%
0.43%
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