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. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
Fundamentals
Scroll to Statements| Sector | Communication Services | Industry | Advertising Agencies | Market Cap | 1.68B |
| Enterprise Value | 1.82B | Income | 57.97M | Sales | 702.56M |
| Book/sh | 5.62 | Cash/sh | 3.36 | Dividend Yield | — |
| Payout | 0.00% | Employees | 905 | IPO | — |
| P/E | 29.25 | Forward P/E | 11.24 | PEG | — |
| P/S | 2.39 | P/B | 2.08 | P/C | — |
| EV/EBITDA | 14.01 | EV/Sales | 2.60 | Quick Ratio | 0.99 |
| Current Ratio | 1.01 | Debt/Eq | 77.38 | LT Debt/Eq | — |
| EPS (ttm) | 0.40 | EPS next Y | 1.04 | EPS Growth | 252.20% |
| Revenue Growth | 10.80% | Earnings | 2026-02-25 | ROA | 1.90% |
| ROE | 7.56% | ROIC | — | Gross Margin | 62.30% |
| Oper. Margin | 13.95% | Profit Margin | 8.25% | Shs Outstand | 143.65M |
| Shs Float | 141.62M | Short Float | 9.96% | Short Ratio | 6.61 |
| Short Interest | — | 52W High | 26.65 | 52W Low | 8.22 |
| Beta | 2.33 | Avg Volume | 2.32M | Volume | 2.08M |
| Target Price | $26.57 | Recom | Strong_buy | Prev Close | $11.32 |
| Price | $11.70 | Change | 3.36% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$26.57
Mean price target
2. Current target
$11.70
Latest analyst target
3. DCF / Fair value
$18.94
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$11.70
Low
$20.00
High
$39.00
Mean
$26.57
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 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 |
| 2025-05-08 | main | Lake Street | Buy → Buy | $19 |
| 2025-05-08 | main | Benchmark | Buy → Buy | $24 |
| 2025-05-08 | main | Rosenblatt | Buy → Buy | $18 |
| 2025-05-02 | main | RBC Capital | Outperform → Outperform | $19 |
- Why Magnite (MGNI) Shares Are Trading Lower Today - Yahoo Finance ue, 03 Feb 2026 08
- More Unpleasant Surprises Could Be In Store For Magnite, Inc.'s (NASDAQ:MGNI) Shares After Tumbling 28% - simplywall.st Wed, 04 Feb 2026 08
- Magnite Earnings: What To Look For From MGNI - Finviz ue, 24 Feb 2026 03
- Magnite, Inc. $MGNI Shares Sold by King Luther Capital Management Corp - MarketBeat Fri, 20 Feb 2026 12
- TTD vs. MGNI: Which Ad-Tech Stock Is the Smarter Pick Now? - Zacks Investment Research ue, 20 Jan 2026 08
- $MGNI stock is down 18% today. Here's what we see in our data. - Quiver Quantitative ue, 03 Feb 2026 08
- Magnite Stock: Buy The Dip For Above Average Growth (NASDAQ:MGNI) - Seeking Alpha Fri, 17 Oct 2025 07
- Is Magnite (MGNI) Offering Value After Its Sharp One Year Share Price Decline - Yahoo Finance Mon, 23 Feb 2026 13
- Performance TV and AI tools drive MNTN’s record 2025 results - Stock Titan ue, 10 Feb 2026 08
- Magnite (NASDAQ:MGNI) Shares Down 14.5% - Should You Sell? - MarketBeat ue, 03 Feb 2026 08
- $MGNI stock is down 15% today. Here's what we see in our data. - Quiver Quantitative hu, 06 Nov 2025 08
- Why Is Magnite (MGNI) Stock Soaring Today - Yahoo Finance Wed, 27 Aug 2025 07
- Magnite, Inc. (NASDAQ:MGNI) Given Average Rating of "Moderate Buy" by Brokerages - MarketBeat Fri, 20 Feb 2026 11
- $MGNI stock is down 9% today. Here's what we see in our data. - Quiver Quantitative Mon, 06 Oct 2025 07
- Lisanti Capital Growth LLC Sells 178,847 Shares of Magnite, Inc. $MGNI - MarketBeat Sat, 31 Jan 2026 08
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 | 213750 | nan | — | — | BARRETT MICHAEL G | Chief Executive Officer | — | 2026-01-09 00:00:00 | D |
| 2 | 72675 | nan | — | — | DAY DAVID L. | Chief Financial Officer | — | 2026-01-09 00:00:00 | D |
| 3 | 51300 | nan | — | — | EVANS KATHERYN SEITZ | Officer | — | 2026-01-09 00:00:00 | D |
| 4 | 51300 | nan | — | — | SOROCA ADAM LEE | Officer | — | 2026-01-09 00:00:00 | D |
| 5 | 28215 | nan | — | — | SALTZ AARON | Officer | — | 2026-01-09 00:00:00 | D |
| 6 | 64125 | nan | — | — | BUCKLEY SEAN PATRICK | Officer | — | 2026-01-09 00:00:00 | D |
| 7 | 22935 | nan | — | — | BUONASERA DAVID | Chief Technology Officer | — | 2026-01-09 00:00:00 | D |
| 8 | 94044 | — | — | Stock Award(Grant) at price 0.00 per share. | BARRETT MICHAEL G | Chief Executive Officer | — | 2025-12-31 00:00:00 | D |
| 9 | 131661 | — | — | Stock Award(Grant) at price 0.00 per share. | DAY DAVID L. | Chief Financial 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 |
|---|