Symbols / MGNI Stock $15.38 +7.33% Magnite, Inc.

Communication Services • Advertising Agencies • United States • NMS
MGNI (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Communication Services
Industry Advertising Agencies
CEO Mr. Michael G. Barrett
Exch · Country NMS · United States
Market Cap 2.20B
Enterprise Value 2.45B
Income 158.66M
Sales 722.55M
FCF (ttm) 1.52M
Book/sh 6.39
Cash/sh 1.29
Employees 971
Insider 10d —
IPO Apr 02, 2014
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 14.65
Forward P/E 12.50
PEG 0.09
P/S 3.05
P/B 2.41
P/C —
EV/EBITDA 16.81
EV/Sales 3.39
Quick Ratio 1.00
Current Ratio 1.02
Debt/Eq 46.81
LT Debt/Eq —
EPS (ttm) 1.05
EPS next Y 1.23
EPS Growth —
Revenue Growth 5.50%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-05
Earnings (prior) 2026-05-06
ROA 2.38%
ROE 19.12%
ROIC —
Gross Margin 63.43%
Oper. Margin 4.70%
Profit Margin 21.96%
Shs Outstand 143.22M
Shs Float 141.13M
Insider Own 1.30%
Instit Own 93.69%
Short Float 9.64%
Short Ratio 4.51
Short Interest 12.22M
52W High 26.65
vs 52W High -42.29%
52W Low 10.82
vs 52W Low 42.14%
Beta 2.32
Impl. Vol. 1.56%
Rel Volume 1.07
Avg Volume 2.27M
Volume 2.43M
Target (mean) $22.21
Tgt Median $21.00
Tgt Low $15.00
Tgt High $39.00
# Analysts 14
Recom Strong_buy
Prev Close $14.33
Price $15.38
Change 7.33%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$22.21
Mean price target
2. Current target
$15.38
Latest analyst target
3. DCF / Fair value
$0.19
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$15.38
Low
$15.00
High
$39.00
Mean
$22.21

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-08 main Wells Fargo Equal-Weight → Equal-Weight $15
2026-05-07 main Scotiabank Sector Outperform → Sector Outperform $17
2026-05-07 main RBC Capital Outperform → Outperform $20
2026-05-07 main Evercore ISI Group Outperform → Outperform $21
2026-04-16 reit Needham Buy → Buy $25
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
News
RSS: Latest MGNI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-19 SPILLANE ROBERT F Director — 10,000 $13.33 $133,300
2026-02-18 SOROCA ADAM LEE Officer — 21,529 $12.00 $258,348
2026-01-09 SALTZ AARON Officer — 28,215 — —
2026-01-09 BUCKLEY SEAN PATRICK Officer — 64,125 — —
2026-01-09 BUONASERA DAVID Chief Technology Officer — 22,935 — —
2026-01-09 DAY DAVID L. Chief Financial Officer — 72,675 — —
2026-01-09 EVANS KATHERYN SEITZ Officer — 51,300 — —
2026-01-09 SOROCA ADAM LEE Officer — 51,300 — —
2026-01-09 BARRETT MICHAEL G Chief Executive Officer — 213,750 — —
2025-12-31 SOROCA ADAM LEE Officer — 76,803 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
713.95
+6.85%
668.17
+7.82%
619.71
+7.39%
577.07
Operating Revenue
713.95
+6.85%
668.17
+7.82%
619.71
+7.39%
577.07
Cost Of Revenue
266.62
+3.01%
258.84
-36.85%
409.91
+33.45%
307.17
Reconciled Cost Of Revenue
266.62
+3.01%
258.84
-36.85%
409.91
+33.45%
307.17
Gross Profit
447.33
+9.28%
409.33
+95.10%
209.80
-22.27%
269.90
Operating Expense
349.57
-2.42%
358.25
+0.25%
357.35
-4.76%
375.22
Research And Development
84.71
-11.06%
95.24
+0.98%
94.32
+0.60%
93.76
Selling General And Administration
264.86
+0.71%
263.00
-0.01%
263.03
-6.55%
281.46
Selling And Marketing Expense
171.67
+3.33%
166.14
-4.51%
173.98
-13.04%
200.08
General And Administrative Expense
93.19
-3.79%
96.86
+8.77%
89.05
+9.42%
81.38
Other Gand A
93.19
-3.79%
96.86
+8.77%
89.05
+9.42%
81.38
Total Expenses
616.19
-0.14%
617.08
-19.57%
767.25
+12.44%
682.38
Operating Income
97.76
+91.37%
51.09
+134.62%
-147.54
-40.10%
-105.32
Total Operating Income As Reported
97.60
+91.05%
51.09
+132.96%
-155.01
-37.44%
-112.78
EBITDA
143.22
+27.85%
112.03
-3.13%
115.64
+5.40%
109.72
Normalized EBITDA
152.51
+33.02%
114.65
+16.30%
98.58
-15.06%
116.05
Reconciled Depreciation
53.67
-8.27%
58.51
-75.70%
240.82
+11.46%
216.05
EBIT
89.55
+67.33%
53.52
+142.75%
-125.18
-17.72%
-106.34
Total Unusual Items
-9.29
-254.02%
-2.62
-115.37%
17.06
+369.16%
-6.34
Total Unusual Items Excluding Goodwill
-9.29
-254.02%
-2.62
-115.37%
17.06
+369.16%
-6.34
Special Income Charges
-2.31
+69.97%
-7.71
-140.53%
19.02
+354.62%
-7.47
Other Special Charges
2.15
-72.07%
7.71
+129.10%
-26.48
—
Restructuring And Mergern Acquisition
0.16
0.00
-100.00%
7.46
-0.04%
7.47
Net Income
144.61
+534.66%
22.79
+114.31%
-159.18
-22.15%
-130.32
Pretax Income
70.63
+166.68%
26.48
+116.81%
-157.55
-16.19%
-135.60
Net Non Operating Interest Income Expense
-18.92
+30.00%
-27.03
+16.49%
-32.37
-10.63%
-29.26
Interest Expense Non Operating
18.92
-30.00%
27.03
-16.49%
32.37
+10.63%
29.26
Net Interest Income
-18.92
+30.00%
-27.03
+16.49%
-32.37
-10.63%
-29.26
Interest Expense
18.92
-30.00%
27.03
-16.49%
32.37
+10.63%
29.26
Other Income Expense
-8.21
-438.12%
2.43
-89.14%
22.37
+2290.60%
-1.02
Other Non Operating Income Expenses
1.07
-78.76%
5.05
-4.75%
5.30
-0.26%
5.32
Gain On Sale Of Security
-6.97
-237.16%
5.08
+360.27%
-1.95
-272.98%
1.13
Tax Provision
-73.99
-2100.70%
3.70
+125.90%
1.64
+131.04%
-5.27
Tax Rate For Calcs
0.00
+50.00%
0.00
-33.33%
0.00
+438.46%
0.00
Tax Effect Of Unusual Items
-1.95
-431.03%
-0.37
-110.25%
3.58
+1549.32%
-0.25
Net Income Including Noncontrolling Interests
144.61
+534.66%
22.79
+114.31%
-159.18
-22.15%
-130.32
Net Income From Continuing Operation Net Minority Interest
144.61
+534.66%
22.79
+114.31%
-159.18
-22.15%
-130.32
Net Income From Continuing And Discontinued Operation
144.61
+534.66%
22.79
+114.31%
-159.18
-22.15%
-130.32
Net Income Continuous Operations
144.61
+534.66%
22.79
+114.31%
-159.18
-22.15%
-130.32
Normalized Income
151.95
+506.78%
25.04
+114.50%
-172.66
-38.99%
-124.23
Net Income Common Stockholders
144.61
+534.66%
22.79
+114.31%
-159.18
-22.15%
-130.32
Diluted EPS
0.95
+493.75%
0.16
+113.68%
-1.17
-19.39%
-0.98
Basic EPS
1.01
+531.25%
0.16
+113.68%
-1.17
-19.39%
-0.98
Basic Average Shares
142.56
+1.43%
140.56
+2.88%
136.62
+2.81%
132.89
Diluted Average Shares
153.77
+4.74%
146.81
+7.46%
136.62
+2.81%
132.89
Diluted NI Availto Com Stockholders
144.61
+534.66%
22.79
+114.31%
-159.18
-22.15%
-130.32
Total Other Finance Cost
—
—
—
29.26
Line Item Trend 2021-12-31
Total Assets
—
Current Assets
—
Cash Cash Equivalents And Short Term Investments
—
Cash And Cash Equivalents
—
Cash Equivalents
7.87
Cash Financial
222.53
Receivables
—
Accounts Receivable
—
Gross Accounts Receivable
—
Allowance For Doubtful Accounts Receivable
—
Prepaid Assets
19.93
Other Current Assets
—
Total Non Current Assets
—
Net PPE
—
Gross PPE
—
Accumulated Depreciation
—
Properties
—
Machinery Furniture Equipment
—
Other Properties
—
Leases
—
Goodwill And Other Intangible Assets
—
Goodwill
—
Other Intangible Assets
—
Other Non Current Assets
—
Total Liabilities Net Minority Interest
—
Current Liabilities
—
Payables And Accrued Expenses
—
Payables
—
Accounts Payable
—
Other Payable
—
Current Accrued Expenses
—
Current Debt And Capital Lease Obligation
—
Current Debt
—
Other Current Borrowings
—
Current Capital Lease Obligation
—
Other Current Liabilities
—
Total Non Current Liabilities Net Minority Interest
—
Long Term Debt And Capital Lease Obligation
—
Long Term Debt
—
Long Term Capital Lease Obligation
—
Non Current Deferred Liabilities
13.30
Non Current Deferred Taxes Liabilities
13.30
Other Non Current Liabilities
—
Stockholders Equity
—
Common Stock Equity
—
Capital Stock
—
Common Stock
—
Preferred Stock
—
Share Issued
—
Ordinary Shares Number
—
Treasury Shares Number
0.35
Additional Paid In Capital
—
Retained Earnings
—
Gains Losses Not Affecting Retained Earnings
—
Treasury Stock
6.01
Other Equity Adjustments
—
Total Equity Gross Minority Interest
—
Total Capitalization
—
Working Capital
—
Invested Capital
—
Total Debt
—
Net Debt
—
Capital Lease Obligations
—
Net Tangible Assets
—
Tangible Book Value
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
236.17
+0.41%
235.20
+9.72%
214.37
+11.33%
192.55
Cash Flow From Continuing Operating Activities
236.17
+0.41%
235.20
+9.72%
214.37
+11.33%
192.55
Net Income From Continuing Operations
144.61
+534.66%
22.79
+114.31%
-159.18
-22.15%
-130.32
Depreciation Amortization Depletion
53.67
-8.27%
58.51
-75.70%
240.82
+11.46%
216.05
Depreciation And Amortization
53.67
-8.27%
58.51
-75.70%
240.82
+11.46%
216.05
Other Non Cash Items
2.29
+463.17%
-0.63
-108.32%
7.57
-7.45%
8.18
Stock Based Compensation
76.65
+0.17%
76.52
+5.37%
72.62
+13.26%
64.12
Provisionand Write Offof Assets
1.15
+95.06%
0.59
-87.42%
4.67
+2962.58%
-0.16
Asset Impairment Charge
—
0.00
0.00
-100.00%
3.32
Deferred Tax
-78.23
-82447.37%
0.10
+103.99%
-2.38
+72.97%
-8.80
Deferred Income Tax
-78.23
-82447.37%
0.10
+103.99%
-2.38
+72.97%
-8.80
Operating Gains Losses
7.71
+994.33%
0.70
+102.80%
-25.21
-9204.06%
-0.27
Net Foreign Currency Exchange Gain Loss
5.56
+179.46%
-7.00
-653.00%
1.27
+567.16%
-0.27
Gain Loss On Sale Of PPE
—
—
0.31
+461.63%
-0.09
Change In Working Capital
28.32
-63.05%
76.63
+1.54%
75.47
+86.64%
40.44
Change In Receivables
-103.76
-298.71%
-26.02
+88.18%
-220.10
-375.13%
-46.33
Changes In Account Receivables
-103.76
-298.71%
-26.02
+88.18%
-220.10
-375.13%
-46.33
Change In Prepaid Assets
-6.40
-423.33%
1.98
+97.21%
1.00
+123.75%
-4.23
Change In Payables And Accrued Expense
142.60
+46.44%
97.38
-66.95%
294.68
+222.48%
91.38
Change In Other Current Liabilities
-4.12
-225.27%
3.29
+3040.18%
-0.11
+71.21%
-0.39
Investing Cash Flow
-92.77
-95.29%
-47.50
-27.07%
-37.38
+42.62%
-65.15
Cash Flow From Continuing Investing Activities
-92.77
-95.29%
-47.50
-27.07%
-37.38
+42.62%
-65.15
Net PPE Purchase And Sale
-70.53
-114.98%
-32.81
-22.59%
-26.76
+13.15%
-30.82
Purchase Of PPE
-70.53
-114.98%
-32.81
-22.59%
-26.76
+13.15%
-30.82
Capital Expenditure
-84.30
-79.10%
-47.07
-25.91%
-37.38
+15.80%
-44.40
Capital Expenditure Reported
-13.77
+3.45%
-14.26
-34.29%
-10.62
+21.82%
-13.58
Net Investment Purchase And Sale
—
—
—
—
Sale Of Investment
—
—
—
—
Net Business Purchase And Sale
-8.10
0.00
0.00
+100.00%
-20.75
Purchase Of Business
-8.10
0.00
0.00
+100.00%
-20.75
Net Other Investing Changes
-0.36
+16.20%
-0.43
—
—
Financing Cash Flow
-75.08
-159.77%
-28.90
+83.75%
-177.84
-489.43%
-30.17
Cash Flow From Continuing Financing Activities
-75.08
-159.77%
-28.90
+83.75%
-177.84
-489.43%
-30.17
Net Issuance Payments Of Debt
-2.72
-131.93%
8.53
+105.03%
-169.39
-3743.75%
-4.41
Issuance Of Debt
92.62
-77.60%
413.46
0.00
0.00
Repayment Of Debt
-95.34
+76.45%
-404.94
-139.05%
-169.39
-3743.75%
-4.41
Long Term Debt Issuance
92.62
-77.60%
413.46
0.00
0.00
Long Term Debt Payments
-95.34
+76.45%
-404.94
-139.05%
-169.39
-3743.75%
-4.41
Net Long Term Debt Issuance
-2.72
-131.93%
8.53
+105.03%
-169.39
-3743.75%
-4.41
Net Common Stock Issuance
-46.28
-217.59%
-14.57
0.00
+100.00%
-15.66
Common Stock Payments
-46.28
-217.59%
-14.57
0.00
+100.00%
-15.66
Repurchase Of Capital Stock
-46.28
-217.59%
-14.57
0.00
+100.00%
-15.66
Proceeds From Stock Option Exercised
7.00
+68.32%
4.16
-26.73%
5.68
-5.00%
5.98
Net Other Financing Charges
-33.08
-22.44%
-27.02
-91.26%
-14.13
+12.15%
-16.08
Changes In Cash
68.32
-56.98%
158.79
+18607.58%
-0.86
-100.88%
97.23
Effect Of Exchange Rate Changes
1.82
+201.62%
-1.79
-412.00%
0.57
+140.58%
-1.42
Beginning Cash Position
483.22
+48.13%
326.22
-0.09%
326.50
+41.53%
230.69
End Cash Position
553.36
+14.52%
483.22
+48.13%
326.22
-0.09%
326.50
Free Cash Flow
151.87
-19.28%
188.13
+6.30%
176.98
+19.46%
148.15
Interest Paid Supplemental Data
28.16
-23.61%
36.86
-0.45%
37.03
+40.68%
26.32
Income Tax Paid Supplemental Data
3.76
-2.84%
3.87
-27.76%
5.36
+8.62%
4.93
Amortization Of Securities
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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