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MGNI

Magnite, Inc.

MGNI

NASDAQ·Communication Services·Advertising Agencies·Mkt cap $2.9B

$20.38

+0.49%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$10.82 - $26.65

P/E

19.50

Fwd P/E

19.05

Beta

2.31

Div Yield

0.00%

Avg Vol

2.8M

Shares Out

144.4M

Mkt Cap

$2.9B

Price action

Price chart

Down 17.8% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Independent and neutral advertising platform
  • Advanced programmatic technology
  • Broad publisher and advertiser network
  • Scale and technological infrastructure

Bear Case

1 risk

  • High volatility (beta 2.3). Larger-than-normal price swings expected.

Growth

Stable outlook

Accelerating CTV advertising market

Value

Fairly valued vs Digital Advertising peers

Momentum

Hot

+70.6% over 3m

Quality

Excellent

Exceptional business - top-tier fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: May 5, 2026

Q2 26 RECAP

MAY 6, 2026

Reported EPS of $0.13 vs $0.11 consensus (+23.0% surprise). Revenue of $160.9M vs $159.2M expected (+1.1%). Beat on both top and bottom lines.

EPS beat +23.0%
Rev beat +1.1%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+23.0%

Next: May 5, 2026

Revenue trend · last 8Q

+4%

+4%

+6%

+11%

+6%

+6%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$162.9M

$162.0M

$194.0M

$155.8M

$173.3M

$179.5M

$205.4M

$164.4M

Margins · last 8Q

Gross

Operating

Profit

2.7%

Wall Street consensus

8 analysts · 88% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

7

88%

Hold

1

13%

Sell

0%

Median Price Target

$20.50

+0.6% vs $20.38

Low $20.00
Median $20.50
High $21.00

Latest: BTIG · Jun 9, 2026

2 analysts covering

vs Industry

How MGNI stacks vs Advertising Agencies

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.