Symbols / MGNI
MGNI Chart
About
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 as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York.
Fundamentals
Scroll to Statements| Sector | Communication Services | Industry | Advertising Agencies | Market Cap | 1.96B |
| Enterprise Value | 2.04B | Income | 144.61M | Sales | 713.95M |
| Book/sh | 6.45 | Cash/sh | 3.83 | Dividend Yield | — |
| Payout | 0.00% | Employees | 971 | IPO | — |
| P/E | 34.05 | Forward P/E | 11.10 | PEG | — |
| P/S | 2.74 | P/B | 2.11 | P/C | — |
| EV/EBITDA | 14.80 | EV/Sales | 2.86 | Quick Ratio | 1.01 |
| Current Ratio | 1.02 | Debt/Eq | 67.91 | LT Debt/Eq | — |
| EPS (ttm) | 0.40 | EPS next Y | 1.23 | EPS Growth | 230.00% |
| Revenue Growth | 5.90% | Earnings | 2026-05-06 | ROA | 2.03% |
| ROE | 17.11% | ROIC | — | Gross Margin | 62.66% |
| Oper. Margin | 25.38% | Profit Margin | 20.26% | Shs Outstand | 143.65M |
| Shs Float | 142.32M | Short Float | 9.14% | Short Ratio | 5.10 |
| Short Interest | — | 52W High | 26.65 | 52W Low | 8.22 |
| Beta | 2.33 | Avg Volume | 2.40M | Volume | 3.35M |
| Target Price | $22.07 | Recom | Strong_buy | Prev Close | $13.48 |
| Price | $13.62 | Change | 1.04% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$22.07
Mean price target
2. Current target
$13.62
Latest analyst target
3. DCF / Fair value
$14.99
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$13.62
Low
$13.00
High
$39.00
Mean
$22.07
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-27 | main | Wells Fargo | Equal-Weight → Equal-Weight | $13 |
| 2026-02-26 | main | Scotiabank | Sector Outperform → Sector Outperform | $16 |
| 2026-02-26 | main | Benchmark | Buy → Buy | $30 |
| 2026-02-26 | main | Rosenblatt | Buy → Buy | $39 |
| 2025-11-07 | main | Wells Fargo | Equal-Weight → Equal-Weight | $20 |
| 2025-11-06 | main | Rosenblatt | Buy → Buy | $39 |
| 2025-10-06 | main | Wells Fargo | Equal-Weight → Equal-Weight | $22 |
| 2025-09-26 | main | Rosenblatt | Buy → Buy | $39 |
| 2025-09-17 | main | Rosenblatt | Buy → Buy | $39 |
| 2025-08-07 | main | Scotiabank | Sector Outperform → Sector Outperform | $30 |
| 2025-08-07 | main | Benchmark | Buy → Buy | $31 |
| 2025-08-07 | main | Susquehanna | Positive → Positive | $28 |
| 2025-08-07 | main | Rosenblatt | Buy → Buy | $39 |
| 2025-08-07 | main | Needham | Buy → Buy | $25 |
| 2025-07-31 | main | RBC Capital | Outperform → Outperform | $27 |
| 2025-07-22 | main | Benchmark | Buy → Buy | $30 |
| 2025-07-08 | main | Wells Fargo | Equal-Weight → Equal-Weight | $24 |
| 2025-06-30 | main | Rosenblatt | Buy → Buy | $39 |
| 2025-05-15 | reit | Needham | Buy → Buy | $18 |
| 2025-05-12 | main | Needham | Buy → Buy | $18 |
- Magnite (MGNI) Valuation After Strong CTV Results And New US$200 Million Share Buyback Program - simplywall.st Sat, 28 Feb 2026 22
- MGNI: Wells Fargo Lowers Price Target to $13.00 | MGNI Stock New - GuruFocus Fri, 27 Feb 2026 18
- Vanguard Group Inc. Grows Stock Holdings in Magnite, Inc. $MGNI - MarketBeat Sat, 28 Feb 2026 13
- MGNI Financials: Income Statement, Balance Sheet & Cash Flow - Stock Titan Fri, 27 Feb 2026 21
- Why Magnite (MGNI) Shares Are Trading Lower Today - Yahoo Finance ue, 03 Feb 2026 08
- Understanding Momentum Shifts in (MGNI) - Stock Traders Daily hu, 26 Feb 2026 03
- Magnite Reports 6% Revenue Growth and 8% Increase in Contribution ex-TAC for Q4 2025, Announces $200 Million Stock Buyback Program - Quiver Quantitative Wed, 25 Feb 2026 21
- Magnite (MGNI) Climbs 12.6% on Strong Earnings, Buyback Plan - Finviz Fri, 27 Feb 2026 10
- Wells Fargo & Company Issues Pessimistic Forecast for Magnite (NASDAQ:MGNI) Stock Price - MarketBeat Fri, 27 Feb 2026 18
- Rosenblatt Maintains Buy Rating and $39 Price Target for MGNI | - GuruFocus hu, 26 Feb 2026 15
- Is Magnite (MGNI) Offering Value After Its Sharp One Year Share Price Decline - Yahoo Finance Mon, 23 Feb 2026 13
- More Unpleasant Surprises Could Be In Store For Magnite, Inc.'s (NASDAQ:MGNI) Shares After Tumbling 28% - simplywall.st Wed, 04 Feb 2026 08
- MGNI: Benchmark Maintains 'Buy' Rating but Lowers Price Target | - GuruFocus hu, 26 Feb 2026 16
- Magnite (NASDAQ:MGNI) Price Target Cut to $30.00 by Analysts at Benchmark - MarketBeat hu, 26 Feb 2026 15
- MGNI: Scotiabank Lowers Price Target but Maintains Sector Outper - GuruFocus hu, 26 Feb 2026 18
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 21529 | 258348.0 | — | Sale at price 12.00 per share. | SOROCA ADAM LEE | Officer | — | 2026-02-18 00:00:00 | D |
| 1 | 28215 | nan | — | — | SALTZ AARON | Officer | — | 2026-01-09 00:00:00 | D |
| 2 | 64125 | nan | — | — | BUCKLEY SEAN PATRICK | Officer | — | 2026-01-09 00:00:00 | D |
| 3 | 22935 | nan | — | — | BUONASERA DAVID | Chief Technology Officer | — | 2026-01-09 00:00:00 | D |
| 4 | 72675 | nan | — | — | DAY DAVID L. | Chief Financial Officer | — | 2026-01-09 00:00:00 | D |
| 5 | 51300 | nan | — | — | EVANS KATHERYN SEITZ | Officer | — | 2026-01-09 00:00:00 | D |
| 6 | 51300 | nan | — | — | SOROCA ADAM LEE | Officer | — | 2026-01-09 00:00:00 | D |
| 7 | 213750 | nan | — | — | BARRETT MICHAEL G | Chief Executive Officer | — | 2026-01-09 00:00:00 | D |
| 8 | 39185 | — | — | Stock Award(Grant) at price 0.00 per share. | GEPHART BRIAN | Officer | — | 2025-12-31 00:00:00 | D |
| 9 | 65831 | — | — | Stock Award(Grant) at price 0.00 per share. | SALTZ AARON | Officer | — | 2025-12-31 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -367.22K | 3.58M | -247.22K | -9.91M |
| TaxRateForCalcs | 0.14 | 0.21 | 0.04 | 0.27 |
| NormalizedEBITDA | 114.65M | 98.58M | 116.05M | 108.44M |
| TotalUnusualItems | -2.62M | 17.06M | -6.34M | -36.70M |
| TotalUnusualItemsExcludingGoodwill | -2.62M | 17.06M | -6.34M | -36.70M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 22.79M | -159.18M | -130.32M | 65.00K |
| ReconciledDepreciation | 58.51M | 240.82M | 216.05M | 146.89M |
| ReconciledCostOfRevenue | 258.84M | 409.91M | 307.17M | 201.66M |
| EBITDA | 112.03M | 115.64M | 109.72M | 71.75M |
| EBIT | 53.52M | -125.18M | -106.34M | -75.14M |
| NetInterestIncome | -27.03M | -32.37M | -29.26M | -19.85M |
| InterestExpense | 27.03M | 32.37M | 29.26M | 19.85M |
| NormalizedIncome | 25.04M | -172.66M | -124.23M | 26.85M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 22.79M | -159.18M | -130.32M | 65.00K |
| TotalExpenses | 617.08M | 767.25M | 682.38M | 511.31M |
| TotalOperatingIncomeAsReported | 51.09M | -155.01M | -112.78M | -81.07M |
| DilutedAverageShares | 146.81M | 136.62M | 132.89M | 136.26M |
| BasicAverageShares | 140.56M | 136.62M | 132.89M | 126.29M |
| DilutedEPS | 0.16 | -1.17 | -0.98 | 0.00 |
| BasicEPS | 0.16 | -1.17 | -0.98 | 0.00 |
| DilutedNIAvailtoComStockholders | 22.79M | -159.18M | -130.32M | 65.00K |
| NetIncomeCommonStockholders | 22.79M | -159.18M | -130.32M | 65.00K |
| NetIncome | 22.79M | -159.18M | -130.32M | 65.00K |
| NetIncomeIncludingNoncontrollingInterests | 22.79M | -159.18M | -130.32M | 65.00K |
| NetIncomeContinuousOperations | 22.79M | -159.18M | -130.32M | 65.00K |
| TaxProvision | 3.70M | 1.64M | -5.27M | -95.05M |
| PretaxIncome | 26.48M | -157.55M | -135.60M | -94.99M |
| OtherIncomeExpense | 2.43M | 22.37M | -1.02M | -32.25M |
| OtherNonOperatingIncomeExpenses | 5.05M | 5.30M | 5.32M | 4.45M |
| SpecialIncomeCharges | -7.71M | 19.02M | -7.47M | -38.18M |
| OtherSpecialCharges | 7.71M | -26.48M | ||
| RestructuringAndMergernAcquisition | 0.00 | 7.46M | 7.47M | 38.18M |
| GainOnSaleOfSecurity | 5.08M | -1.95M | 1.13M | 1.48M |
| NetNonOperatingInterestIncomeExpense | -27.03M | -32.37M | -29.26M | -19.85M |
| TotalOtherFinanceCost | 29.26M | 19.85M | ||
| InterestExpenseNonOperating | 27.03M | 32.37M | 29.26M | 19.85M |
| OperatingIncome | 51.09M | -147.54M | -105.32M | -42.89M |
| OperatingExpense | 358.25M | 357.35M | 375.22M | 309.64M |
| ResearchAndDevelopment | 95.24M | 94.32M | 93.76M | 74.45M |
| SellingGeneralAndAdministration | 263.00M | 263.03M | 281.46M | 235.19M |
| SellingAndMarketingExpense | 166.14M | 173.98M | 200.08M | 170.41M |
| GeneralAndAdministrativeExpense | 96.86M | 89.05M | 81.38M | 64.79M |
| OtherGandA | 96.86M | 89.05M | 81.38M | 64.79M |
| GrossProfit | 409.33M | 209.80M | 269.90M | 266.75M |
| CostOfRevenue | 258.84M | 409.91M | 307.17M | 201.66M |
| TotalRevenue | 668.17M | 619.71M | 577.07M | 468.41M |
| OperatingRevenue | 668.17M | 619.71M | 577.07M | 468.41M |
| Line Item | 2021-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 349.00K | |||
| OrdinarySharesNumber | 141.43M | 138.58M | 134.01M | 132.20M |
| ShareIssued | 141.43M | 138.58M | 134.01M | 132.55M |
| NetDebt | 70.53M | 210.37M | 400.10M | 493.22M |
| TotalDebt | 608.81M | 606.65M | 813.86M | 809.25M |
| TangibleBookValue | -257.93M | -349.47M | -464.09M | -535.82M |
| InvestedCapital | 1.32B | 1.24B | 1.52B | 1.60B |
| WorkingCapital | 207.20M | 120.87M | 201.23M | 148.72M |
| NetTangibleAssets | -257.93M | -349.47M | -464.09M | -535.82M |
| CapitalLeaseObligations | 55.07M | 70.07M | 87.50M | 85.63M |
| CommonStockEquity | 768.22M | 701.68M | 791.30M | 880.76M |
| TotalCapitalization | 1.32B | 1.23B | 1.51B | 1.60B |
| TotalEquityGrossMinorityInterest | 768.22M | 701.68M | 791.30M | 880.76M |
| StockholdersEquity | 768.22M | 701.68M | 791.30M | 880.76M |
| GainsLossesNotAffectingRetainedEarnings | -4.42M | -2.08M | -3.15M | -1.38M |
| OtherEquityAdjustments | -4.42M | -2.08M | -3.15M | -1.38M |
| TreasuryStock | 0.00 | 6.01M | ||
| RetainedEarnings | -661.17M | -683.96M | -524.77M | -394.45M |
| AdditionalPaidInCapital | 1.43B | 1.39B | 1.32B | 1.28B |
| CapitalStock | 2.00K | 2.00K | 2.00K | 2.00K |
| CommonStock | 2.00K | 2.00K | 2.00K | 2.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 2.09B | 1.99B | 1.92B | 1.83B |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 590.57M | 584.99M | 795.88M | 802.46M |
| OtherNonCurrentLiabilities | 1.48M | 2.34M | 1.72M | 2.65M |
| NonCurrentDeferredLiabilities | 680.00K | 5.07M | 13.30M | |
| NonCurrentDeferredTaxesLiabilities | 680.00K | 5.07M | 13.30M | |
| LongTermDebtAndCapitalLeaseObligation | 589.09M | 582.65M | 789.09M | 786.51M |
| LongTermCapitalLeaseObligation | 38.98M | 49.66M | 66.33M | 66.49M |
| LongTermDebt | 550.10M | 532.99M | 722.76M | 720.02M |
| CurrentLiabilities | 1.50B | 1.40B | 1.13B | 1.03B |
| OtherCurrentLiabilities | 9.88M | 5.96M | 5.94M | 5.70M |
| CurrentDebtAndCapitalLeaseObligation | 19.73M | 24.00M | 24.77M | 22.74M |
| CurrentCapitalLeaseObligation | 16.09M | 20.40M | 21.17M | 19.14M |
| CurrentDebt | 3.64M | 3.60M | 3.60M | 3.60M |
| OtherCurrentBorrowings | 3.64M | 3.60M | 3.60M | 3.60M |
| PayablesAndAccruedExpenses | 1.47B | 1.37B | 1.09B | 1.00B |
| CurrentAccruedExpenses | 0.00 | 2.31M | 1.60M | |
| Payables | 1.47B | 1.37B | 1.09B | 999.35M |
| OtherPayable | 17.70M | 15.09M | 15.06M | 16.23M |
| AccountsPayable | 1.45B | 1.36B | 1.08B | 983.12M |
| TotalAssets | 2.85B | 2.69B | 2.71B | 2.71B |
| TotalNonCurrentAssets | 1.15B | 1.17B | 1.39B | 1.53B |
| OtherNonCurrentAssets | 6.38M | 6.73M | 7.38M | 6.86M |
| GoodwillAndOtherIntangibleAssets | 1.03B | 1.05B | 1.26B | 1.42B |
| OtherIntangibleAssets | 47.93M | 72.94M | 277.17M | 446.71M |
| Goodwill | 978.22M | 978.22M | 978.22M | 969.87M |
| NetPPE | 119.06M | 107.92M | 123.18M | 111.05M |
| AccumulatedDepreciation | -122.61M | -116.50M | -113.71M | -98.84M |
| GrossPPE | 241.67M | 224.42M | 236.89M | 209.89M |
| Leases | 2.58M | 3.89M | 3.37M | 3.31M |
| OtherProperties | 50.33M | 60.55M | 78.21M | 76.99M |
| MachineryFurnitureEquipment | 188.76M | 159.98M | 155.31M | 129.60M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 1.70B | 1.52B | 1.33B | 1.18B |
| OtherCurrentAssets | 19.91M | 20.51M | 23.50M | 19.93M |
| PrepaidAssets | 19.93M | |||
| Receivables | 1.20B | 1.18B | 976.51M | 927.78M |
| AccountsReceivable | 1.20B | 1.18B | 976.51M | 927.78M |
| AllowanceForDoubtfulAccountsReceivable | -2.90M | -20.36M | -1.09M | -3.48M |
| GrossAccountsReceivable | 1.20B | 1.20B | 977.60M | 931.26M |
| CashCashEquivalentsAndShortTermInvestments | 483.22M | 326.22M | 326.25M | 230.40M |
| CashAndCashEquivalents | 483.22M | 326.22M | 326.25M | 230.40M |
| CashEquivalents | 281.16M | 259.65M | 7.87M | |
| CashFinancial | 45.06M | 66.61M | 222.53M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 188.13M | 176.98M | 148.15M | 97.46M |
| RepurchaseOfCapitalStock | -14.57M | 0.00 | -15.66M | -6.01M |
| RepaymentOfDebt | -404.94M | -169.39M | -4.41M | -2.44M |
| IssuanceOfDebt | 413.46M | 0.00 | 0.00 | 749.20M |
| CapitalExpenditure | -47.07M | -37.38M | -44.40M | -29.13M |
| InterestPaidSupplementalData | 36.86M | 37.03M | 26.32M | 12.91M |
| IncomeTaxPaidSupplementalData | 3.87M | 5.36M | 4.93M | 2.14M |
| EndCashPosition | 483.22M | 326.22M | 326.50M | 230.69M |
| BeginningCashPosition | 326.22M | 326.50M | 230.69M | 117.73M |
| EffectOfExchangeRateChanges | -1.79M | 575.00K | -1.42M | -683.00K |
| ChangesInCash | 158.79M | -858.00K | 97.23M | 113.64M |
| FinancingCashFlow | -28.90M | -177.84M | -30.17M | 678.05M |
| CashFlowFromContinuingFinancingActivities | -28.90M | -177.84M | -30.17M | 678.05M |
| NetOtherFinancingCharges | -27.02M | -14.13M | -16.08M | -75.83M |
| ProceedsFromStockOptionExercised | 4.16M | 5.68M | 5.98M | 13.14M |
| NetCommonStockIssuance | -14.57M | 0.00 | -15.66M | -6.01M |
| CommonStockPayments | -14.57M | 0.00 | -15.66M | -6.01M |
| NetIssuancePaymentsOfDebt | 8.53M | -169.39M | -4.41M | 746.75M |
| NetLongTermDebtIssuance | 8.53M | -169.39M | -4.41M | 746.75M |
| LongTermDebtPayments | -404.94M | -169.39M | -4.41M | -2.44M |
| LongTermDebtIssuance | 413.46M | 0.00 | 0.00 | 749.20M |
| InvestingCashFlow | -47.50M | -37.38M | -65.15M | -691.00M |
| CashFlowFromContinuingInvestingActivities | -47.50M | -37.38M | -65.15M | -691.00M |
| NetOtherInvestingChanges | -432.00K | |||
| NetInvestmentPurchaseAndSale | 0.00 | |||
| SaleOfInvestment | 0.00 | |||
| NetBusinessPurchaseAndSale | 0.00 | 0.00 | -20.75M | -661.87M |
| PurchaseOfBusiness | 0.00 | 0.00 | -20.75M | -661.87M |
| NetPPEPurchaseAndSale | -32.81M | -26.76M | -30.82M | -17.70M |
| PurchaseOfPPE | -32.81M | -26.76M | -30.82M | -17.70M |
| CapitalExpenditureReported | -14.26M | -10.62M | -13.58M | -11.43M |
| OperatingCashFlow | 235.20M | 214.37M | 192.55M | 126.59M |
| CashFlowFromContinuingOperatingActivities | 235.20M | 214.37M | 192.55M | 126.59M |
| ChangeInWorkingCapital | 76.63M | 75.47M | 40.44M | 31.89M |
| ChangeInOtherCurrentLiabilities | 3.29M | -112.00K | -389.00K | 25.00K |
| ChangeInPayablesAndAccruedExpense | 97.38M | 294.68M | 91.38M | 284.90M |
| ChangeInPrepaidAssets | 1.98M | 1.00M | -4.23M | 1.32M |
| ChangeInReceivables | -26.02M | -220.10M | -46.33M | -254.37M |
| ChangesInAccountReceivables | -26.02M | -220.10M | -46.33M | -254.37M |
| OtherNonCashItems | -630.00K | 7.57M | 8.18M | 7.87M |
| StockBasedCompensation | 76.52M | 72.62M | 64.12M | 40.73M |
| ProvisionandWriteOffofAssets | 587.00K | 4.67M | -163.00K | 49.00K |
| AssetImpairmentCharge | 0.00 | 0.00 | 3.32M | 0.00 |
| AmortizationOfSecurities | 0.00 | |||
| DeferredTax | 95.00K | -2.38M | -8.80M | -98.77M |
| DeferredIncomeTax | 95.00K | -2.38M | -8.80M | -98.77M |
| DepreciationAmortizationDepletion | 58.51M | 240.82M | 216.05M | 146.89M |
| DepreciationAndAmortization | 58.51M | 240.82M | 216.05M | 146.89M |
| OperatingGainsLosses | 705.00K | -25.21M | -271.00K | -2.13M |
| NetForeignCurrencyExchangeGainLoss | -7.00M | 1.27M | -271.00K | -2.26M |
| GainLossOnSaleOfPPE | 311.00K | -86.00K | 130.00K | |
| NetIncomeFromContinuingOperations | 22.79M | -159.18M | -130.32M | 65.00K |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for MGNI
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|