Magnite/MGNI

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About Magnite

Magnite, Inc. is an independent sell-side advertising company. The Company provides technology solutions to automate the purchase and sale of digital advertising inventory. Its platform features applications and services for sellers of digital advertising inventory, or publishers, that own and operate connected television (CTV) channels, applications, websites and other digital media properties, to manage and monetize their inventory; 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. The Company's streaming sell-side advertising platform (SSP) and ad server offers CTV sellers a holistic solution for workflow, yield management and monetization, across both programmatic and direct-sold video inventory.

Ticker

MGNI

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Software & Programming

CEO

Michael Barrett

Employees

911

Headquarters

New york, United States

Magnite Metrics

BasicAdvanced
$1.7B
Market cap
-
P/E ratio
-$0.57
EPS
2.34
Beta
-
Dividend rate
$1.7B
2.34129
$15.73
$6.28
1.6M
1.103
78.961
79.486
49.2
-2.17%
-3.20%
-11.17%
-5.69%
2.705
2.485
11.861
8.44%
58.33%
40.88%

What the Analysts think about Magnite

Analyst Ratings

Majority rating from 10 analysts.
Buy

Magnite Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-11.85% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$149M
-20.12%
Net income
-$18M
-157.28%
Profit margin
-11.85%
-171.69%

Magnite Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 11,555.01%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.09
$0.12
$0.29
$0.05
-
Expected
$0.03
$0.08
$0.28
$0.00
$0.15
Surprise
164.71%
50.00%
3.33%
11,555.01%
-
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.
Market closedNon-fractional

Upcoming events

No upcoming events

FAQs

What’s the current market cap for Magnite stock?

Magnite (MGNI) has a market cap of $1.7B as of June 20, 2024.

What is the P/E ratio for Magnite stock?

The price to earnings (P/E) ratio for Magnite (MGNI) stock is 0 as of June 20, 2024.

Does Magnite stock pay dividends?

No, Magnite (MGNI) stock does not pay dividends to its shareholders as of June 20, 2024.

When is the next Magnite dividend payment date?

Magnite (MGNI) stock does not pay dividends to its shareholders.

What is the beta indicator for Magnite?

Magnite (MGNI) has a beta rating of 2.34. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Magnite stock price target?

The target price for Magnite (MGNI) stock is $16.35, which is NaN% below the current price of $. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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