Magnite, Inc. (MGNI)

NASDAQ: MGNI · Real-Time Price · USD
12.97
-0.06 (-0.46%)
At close: Apr 28, 2026, 4:00 PM EDT
12.95
-0.02 (-0.15%)
After-hours: Apr 28, 2026, 7:30 PM EDT
-0.46%
Market Cap 1.86B
Revenue (ttm) 713.95M
Net Income (ttm) 144.61M
Shares Out 143.22M
EPS (ttm) 0.95
PE Ratio 13.65
Forward PE 12.51
Dividend n/a
Ex-Dividend Date n/a
Volume 1,488,378
Open 13.05
Previous Close 13.03
Day's Range 12.95 - 13.27
52-Week Range 10.82 - 26.65
Beta 2.39
Analysts Strong Buy
Price Target 25.22 (+94.45%)
Earnings Date May 6, 2026

About MGNI

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company’s platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well ... [Read more]

Founded 2007
Employees 971
Stock Exchange NASDAQ
Ticker Symbol MGNI
Full Company Profile

Financial Performance

In 2025, Magnite's revenue was $713.95 million, an increase of 6.85% compared to the previous year's $668.17 million. Earnings were $144.61 million, an increase of 534.66%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MGNI stock is "Strong Buy." The 12-month stock price target is $25.22, which is an increase of 94.45% from the latest price.

Price Target
$25.22
(94.45% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Hearst News Selects Magnite as Preferred Deal Partner for High-Impact Formats Across Web and CTV Supply, Announces SpringServe Partnership

NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced that Hearst News has selected Magnite as a preferred deal par...

7 days ago - GlobeNewsWire

Magnite Announces Retirement of CFO David Day

NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising platform, today announced the retirement of David Day, Chief Financial Office...

8 days ago - GlobeNewsWire

AMC Global Media's Unified Streaming and Linear Programmatic Buying Capabilities Now Available Through Magnite

NEW YORK, April 15, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a collaboration with AMC Global Media to extend the company'...

Other symbols: AMCX
13 days ago - GlobeNewsWire

Magnite to Announce First Quarter 2026 Financial Results on May 6, 2026

NEW YORK, April 06, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 20...

22 days ago - GlobeNewsWire

Magnite and NOVA Entertainment Partner to Enable Programmatic Access to the Nova Retail Network

SYDNEY, March 11, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a partnership with NOVA Entertainment to power programmatic ac...

6 weeks ago - GlobeNewsWire

Genius Sports and Magnite Embed Official Live Sports Moments into Scaled Programmatic Infrastructure

NEW YORK--(BUSINESS WIRE)--Genius Sports (NYSE: GENI) today announced a direct integration between its official Moment Engine and Magnite (NASDAQ: MGNI), the largest independent sell-side advertising ...

Other symbols: GENI
2 months ago - Business Wire

Magnite Earnings Call Transcript: Q4 2025

Q4 and full year 2025 results exceeded expectations, with CTV now the majority of business and driving strong growth. Guidance for 2026 anticipates continued double-digit CTV expansion, margin improvement, and aggressive capital returns, supported by robust cash flow and strategic positioning.

2 months ago - Transcripts

Magnite Reports Fourth Quarter and Full-Year 2025 Results

Total Revenue up  6% & Contribution ex-TAC (1) up 8% , or 16% Excluding Political, in Fourth Quarter Contribution ex-TAC (1) From CTV Grows 20% , or 32% Excluding Political, in Fourth Quarter Adjusted...

2 months ago - GlobeNewsWire

Magnite to Participate in the Susquehanna 15th Annual Technology Conference

NEW YORK, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will host in-person invest...

2 months ago - GlobeNewsWire

Magnite to Announce Fourth Quarter 2025 Financial Results on February 25, 2026

NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the fourth quarter ended December 31,...

3 months ago - GlobeNewsWire

MNTN and Magnite Turn Live Streaming's Biggest Moments Into Performance TV for Growth Brands

New integration gives MNTN advertisers access to premium live sports, breaking news, and on-demand streaming inventory through Magnite's direct media owner relationships New integration gives MNTN adv...

3 months ago - GlobeNewsWire

Magnite Transcript: 28th Annual Needham Growth Conference Virtual

Rapid growth in CTV and exclusive partnerships are driving long-term revenue, while the shift of data and curation to SSPs is making programmatic more efficient and centralizing value. AI and regulatory changes present both headwinds and major upside potential, especially if Google’s market share declines.

3 months ago - Transcripts

Free Games, Smarter Ads: Magnite and PHȲND Redefine Gaming on Smart TVs

Players get unlimited, subscription-free gaming—brands get smarter, more engaging ways to connect with them across Smart TVs     STAMFORD, Conn., Jan. 6, 2026 /PRNewswire/ -- PHȲND, the global cloud g...

4 months ago - PRNewsWire

Magnite to Participate in Needham Annual Growth Conference

NEW YORK, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will host in-person invest...

4 months ago - GlobeNewsWire

Magnite Transcript: Raymond James TMT and Consumer Conference

Industry confidence is rebounding with strong upfront ad commitments and international CTV growth. Strategic investments in AI, infrastructure, and product innovation are expected to drive margin expansion and reinforce platform durability through 2026.

5 months ago - Transcripts

Magnite Transcript: Global Technology, Internet, Media & Telecommunications Conference 2025

CTV and DV+ segments saw strong growth, driven by new partnerships and a robust ad economy. Strategic relationships with major publishers and platforms, along with technology innovation, are positioning the business for continued expansion. The outlook for 2026 includes double-digit revenue growth and a central role in the evolving agentic ad ecosystem.

5 months ago - Transcripts

Magnite Transcript: Wells Fargo's 9th Annual TMT Summit

Early-stage monetization partnerships and exclusive premium inventory are driving growth, with 2026 guidance reflecting contributions from new partners. Strategic investments in technology, CTV expansion, and SMB enablement are key priorities, while regulatory outcomes and cost management remain in focus.

5 months ago - Transcripts

Top 3 Tech And Telecom Stocks Which Could Rescue Your Portfolio In Q4

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: CHTRNMAX
6 months ago - Benzinga

Magnite Earnings Call Transcript: Q3 2025

Q3 2025 delivered strong growth in CTV and DV+, with revenue and profitability exceeding expectations. Guidance for Q4 and 2026 remains positive, supported by new partnerships, AI integration, and ongoing legal actions against Google, though macro and DSP changes present some near-term headwinds.

6 months ago - Transcripts

ITN and Magnite Empower Advertisers with Programmatic Access to Local Linear TV through New Private Marketplace

NEW YORK , Oct. 30, 2025 /PRNewswire/ -- ITN, the leader in automated activation technology for local TV, and Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today annou...

6 months ago - PRNewsWire

Magnite to Participate in Upcoming Financial Conferences

NEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate in the fo...

6 months ago - GlobeNewsWire

Digital News Publishers Association (DNPA) Adopts Magnite Access to Streamline Access to Premium Inventory and Audience Data

MUMBAI, India, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, and the Digital News Publishers Association (DNPA), which represents 22 o...

7 months ago - GlobeNewsWire

Magnite to Announce Third Quarter 2025 Financial Results on November 5, 2025

NEW YORK, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the third quarter ended September 30,...

7 months ago - GlobeNewsWire

Magnite To Unify Curation and Activation Within ClearLine

Update simplifies discovery, packaging, and activation across the company's premium supply relationships Update simplifies discovery, packaging, and activation across the company's premium supply rela...

7 months ago - GlobeNewsWire

Magnite Acquires streamr.ai to Unlock Small Business Advertising Spend for CTV Publishers

NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced the acquisition of streamr.ai, a platform specializing in AI...

8 months ago - GlobeNewsWire