Magnite/$MGNI

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About Magnite

Magnite Inc is one of the supply-side platform providers, or SSP, in online advertising. The firm generate its revenue from the programmatic sale of CTV ad inventory, from mobile online sites and apps, and the remaining from websites accessed via computer.

Ticker

$MGNI

Sector

Communication Services
Primary listing

Industry

Media

Employees

905

ISIN

US55955D1000

Magnite Metrics

BasicAdvanced
$3B
97.81
$0.21
2.73
-

What the Analysts think about Magnite

Analyst ratings (Buy, Hold, Sell) for Magnite stock.

Bulls say / Bears say

Magnite's recent partnership with Western Union Media Network to enhance advertising capabilities positions the company to tap into Western Union's extensive customer base, potentially driving significant revenue growth. (stocktitan.net)
The unveiling of the next generation of SpringServe, combining its ad server with Magnite Streaming SSP capabilities, offers enhanced functionality for CTV/OTT publishers, potentially increasing Magnite's market share in the streaming ad space. (stocktitan.net)
Analysts from Lake Street have reiterated a 'Buy' rating on Magnite with a price target of $21.00, indicating confidence in the company's growth prospects. (markets.businessinsider.com)
Magnite reported a net loss of $73.9 million in Q2 2023, raising concerns about the company's profitability and financial health. (markets.businessinsider.com)
The company's expenses in Q2 2023 amounted to $224.3 million, surpassing its revenue of $152.5 million, indicating potential issues with cost management. (markets.businessinsider.com)
Insider selling activity, including the sale of 6,250 shares by CAO Brian Gephart and 13,345 shares by CFO David Day, may signal a lack of confidence in the company's future performance. (techdows.com)
Data summarised monthly by Lightyear AI. Last updated on 8 Jun 2025.

Magnite Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Magnite Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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