Magnite/MGNI

$11.56

-5.48%
-
1D1W1MYTD1YMAX

About Magnite

Magnite Inc. provides technology solutions to automate the purchase and sale of digital advertising inventory. The Company provides a full suite of tools for sellers to control their advertising business and protect the consumer viewing experience. The introduced its unified connected television (CTV) platform Magnite Streaming, which merges technology from the legacy Magnite CTV and SpotX CTV platforms. The platform enables CTV sellers to maximize their advertising yield holistically across live and video on demand (VOD) inventory, addressable linear, CTV and other over-the-top environments, such as mobile. Its applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms (DSPs), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale.

Ticker

MGNI

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Software & Programming

CEO

Michael Barrett

Employees

911

Headquarters

New york, United States

Magnite Metrics

BasicAdvanced
$1.71B
Market cap
-
P/E ratio
-$1.18
EPS
2.26
Beta
-
Dividend rate

What the Analysts think about Magnite

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 10 analysts.
30.19% upside
High $18.00
Low $13.00
$11.56
Current price
$15.05
Average price target

Magnite Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
16.53% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$186.9M
24.6%
Net income
$30.9M
-277.59%
Profit margin
16.53%
-242.5%

Magnite Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 3.33%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.04
$0.09
$0.12
$0.29
-
Expected
-$0.04
$0.03
$0.08
$0.28
$0.01
Surprise
-209.09%
164.71%
50%
3.33%
-
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 a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

Buy or sell Magnite stock

Buy or sell Magnite stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing