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21.17
10.61%
2.03
After Hours:
21.06
-0.11
-0.52%
Magnite Inc stock is traded at $21.17, with a volume of 11.70M.
It is up +10.61% in the last 24 hours and up +27.38% over the past month.
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
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Previous Close:
$19.14
Open:
$19.45
24h Volume:
11.70M
Relative Volume:
5.93
Market Cap:
$2.92B
Revenue:
$661.13M
Net Income/Loss:
$17.29M
P/E Ratio:
352.83
EPS:
0.06
Net Cash Flow:
$156.88M
1W Performance:
+23.08%
1M Performance:
+27.38%
6M Performance:
+64.11%
1Y Performance:
+129.86%
1-Day Range:
$19.00
$21.29
1-Week Range:
$16.25
$21.29
52-Week Range:
$8.375
$21.29
Magnite Inc Stock (MGNI) Company Profile
Name
Magnite Inc
Sector
Industry
Phone
212-243-2769
Address
1250 BROADWAY, NEW YORK
Compare MGNI with other stocks
| Stocks | Price | Market Cap | Revenue | Net Income | Cash Flow | EPS |
|---|---|---|---|---|---|---|
MGNI
Magnite Inc
|
21.17 | 2.92B | 661.13M | 17.29M | 156.88M | 0.06 |
|
OMC
Omnicom Group Inc
|
83.80 | 16.49B | 15.43B | 1.37B | 1.50B | 7.32 |
|
WPP
Wpp Plc Adr
|
48.64 | 10.51B | 18.59B | 256.66M | 1.13B | 1.1736 |
|
IPG
Interpublic Group Of Cos Inc
|
27.49 | 9.95B | 10.86B | 808.20M | 922.50M | 2.12 |
|
CRTO
Criteo S A Adr
|
45.50 | 2.45B | 1.96B | 102.18M | 144.20M | 1.72 |
Magnite Inc Stock (MGNI) Upgrades & Downgrades
| Date | Action | Analyst | Rating Change |
|---|---|---|---|
| Dec-05-24 | Reiterated | Needham | Buy |
| Dec-05-24 | Initiated | Scotiabank | Sector Outperform |
| Oct-29-24 | Initiated | Wells Fargo | Equal Weight |
| Jul-25-24 | Initiated | Lake Street | Buy |
| Jul-16-24 | Initiated | Wolfe Research | Outperform |
| May-24-24 | Upgrade | BofA Securities | Neutral → Buy |
| Apr-19-24 | Resumed | B. Riley Securities | Buy |
| Jan-11-24 | Initiated | BofA Securities | Neutral |
| Aug-16-23 | Upgrade | Evercore ISI | In-line → Outperform |
| Apr-13-23 | Initiated | B. Riley Securities | Buy |
| Jul-14-22 | Initiated | The Benchmark Company | Buy |
| Sep-22-21 | Initiated | Berenberg | Buy |
| Aug-31-21 | Initiated | Macquarie | Outperform |
| Aug-09-21 | Initiated | RBC Capital Mkts | Outperform |
| Jun-07-21 | Upgrade | Truist | Hold → Buy |
| Apr-06-21 | Initiated | Evercore ISI | In-line |
| Jan-28-21 | Resumed | B. Riley Securities | Neutral |
| Jan-25-21 | Downgrade | Truist | Buy → Hold |
| Jan-22-21 | Reiterated | Craig Hallum | Buy |
| Dec-21-20 | Reiterated | Needham | Buy |
| Dec-18-20 | Initiated | Susquehanna | Positive |
| Nov-10-20 | Reiterated | Needham | Buy |
| Sep-29-20 | Initiated | RBC Capital Mkts | Outperform |
| Sep-03-20 | Initiated | Needham | Buy |
View All
Magnite Inc Stock (MGNI) Latest News
Magnite to Provide Programmatic Ad Sales Support to X -February 07, 2025 at 02:20 pm EST - Marketscreener.com
Magnite Stock Jumps on Reported Ad Tech Deal with Elon Musk’s X - Wall Street Pit
Magnite to help boost advertising on Musk's Xreport (MGNI:NASDAQ) - Seeking Alpha
Magnite stock rises on reports of new partnership deal with Elon Musk's X - Investing.com Canada
Elon Musk's X Has Signed A Partnership With Adtech Company MagniteInsider -February 07, 2025 at 11:30 am EST - Marketscreener.com
Elon Musk's X has signed up a new adtech partner as it looks to bring on more advertisers - Business Insider
(MGNI) Pivots Trading Plans and Risk Controls - Stock Traders Daily
Jennison Associates LLC Invests $818,000 in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Digital Media Stocks To ResearchFebruary 03rd - MarketBeat
Calamos Advisors LLC Has $559,000 Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Penbrook Management LLC Raises Stock Holdings in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Baader Bank Aktiengesellschaft Trims Stock Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Research Analysts Set Expectations for Magnite Q4 Earnings - MarketBeat
Is Magnite (NASDAQ:MGNI) A Risky Investment? - Simply Wall St
B. Riley Analysts Decrease Earnings Estimates for Magnite - Defense World
Best Digital Media Stocks To Keep An Eye OnJanuary 30th - MarketBeat
Pixalate’s H2 2024 EMEA Programmatic Seller Supply Path Optimization (SPO) Rankings: Google AdExchange No. 1 on Web in Germany, Digital Turbine Leads on Mobile Apps in the UK; Freewheel No. 1 on Samsung Smart TV in the UK - GlobeNewswire Inc.
Magnite Partners with Sky New Zealand to Enable Programmatic Advertising on Sky Sport Now - Nasdaq
Exclusive: How Magnite Just Unlocked 51M Premium Sports Streams for Advertisers - StockTitan
Pixalate’s H2 2024 North America Programmatic Seller Supply Path Optimization (SPO) Rankings: Google AdExchange No. 1 on Web in US & Canada, Verve Leads on Mobile Apps & Magnite No. 1 on CTV Across Roku, Apple TV, & Amazon Fire TV - Yahoo Finance
Magnite Inc. (MGNI): Why You Should Buy This Marketing Stock Right Now - Insider Monkey
10 Best Marketing Stocks to Buy Right Now - Insider Monkey
The 10% return this week takes Magnite's (NASDAQ:MGNI) shareholders one-year gains to 85% - Yahoo Finance
(MGNI) On The My Stocks Page - Stock Traders Daily
Magnite (NASDAQ:MGNI) Shares Gap UpHere's What Happened - MarketBeat
Magnite, Inc. (MGNI): A Bull Case Theory - Insider Monkey
Merit Financial Group LLC Purchases New Holdings in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite Inc (MGNI) Shares Up 7.63% on Jan 22 - GuruFocus.com
Magnite to Announce Fourth Quarter 2024 Financial Results on February 26, 2025 - The Manila Times
Magnite Sets Q4 2024 Earnings Date: Ad Tech Leader Reports February 26 After Market - StockTitan
Wedge Capital Management L L P NC Sells 17,472 Shares of Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite’s (MGNI) “Buy” Rating Reiterated at Needham & Company LLC - Defense World
FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion - Branding in Asia Magazine
Magnite, Inc. (NASDAQ:MGNI) Q1 2024 Earnings Call Transcript - MSN
Spectrum Reach, Magnite partner on programmatic advertising - imdb
Magnite (NASDAQ:MGNI) Earns "Buy" Rating from Needham & Company LLC - MarketBeat
Here’s Crossroads Capital’s Views on Magnite (MGNI) - MSN
Magnite (NASDAQ:MGNI) Price Target Raised to $15.00 at Wells Fargo & Company - MarketBeat
Magnite (NASDAQ:MGNI) Shares Down 6.6%Time to Sell? - MarketBeat
Here’s Why Magnite, Inc. (MGNI) Is Gaining Momentum From Key Collaborations - MSN
Taboola (TBLA) vs. Magnite (MGNI): Which Advertising Stock Is the Superior Investment? - Inkl
10 Stocks Gaining Momentum From Key Collaborations - Insider Monkey
Magnite (NASDAQ:MGNI) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says - MarketBeat
Financial Enhancement Group LLC Acquires New Position in Magnite, Inc. (NASDAQ:MGNI) - MarketBeat
Magnite, Inc. (NASDAQ:MGNI) Receives Consensus Recommendation of “Moderate Buy” from Brokerages - Defense World
Magnite Expands Samsung TV Plus Ad Partnership Across Southeast Asia, Taps Massive FAST Market - StockTitan
FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion to Power Video Advertising on FIFA+ and FAST Channels Globally - Marketscreener.com
Magnite powers advertising on FIFA+ - Advanced Television
Despite shrinking by US$218m in the past week, Magnite (NASDAQ:MGNI) shareholders are still up 71% over 1 year - Simply Wall St
Magnite Inc Stock (MGNI) Financials Data
Revenue
Net Income
Cash Flow
EPS
Magnite Inc Stock (MGNI) Insider Trading
| Insider Trading | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total |
|---|---|---|---|---|---|---|---|
| Day David | CHIEF FINANCIAL OFFICER |
Jan 03 '25 |
Sale |
17.00 |
13,345 |
226,865 |
374,014 |
0.85%
0.28%
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