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MGNI

Magnite, Inc.

MGNI

NASDAQ·Communication Services·Advertising Agencies·Mkt cap $3.5B

$24.14

-1.99%

P/E

21.75

Mkt Cap

$3.5B

52-Wk Range

$10.82–$26.19

52-Week Range

$10.82 - $26.19

P/E

21.75

Fwd P/E

21.27

Beta

2.29

Div Yield

0.00%

Avg Vol

2.9M

Shares Out

144.4M

Mkt Cap

$3.5B

Price action

Price chart

Down 4.8% over the trailing year

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

2 risks

  • High volatility (beta 2.3). Larger-than-normal price swings expected.
  • Premium valuation to Digital Advertising peers

Growth

Stable outlook

Accelerating CTV advertising market

Value

Premium valuation to Digital Advertising peers

Momentum

Hot

+65.0% over 3m

Quality

Excellent

Excellent business quality

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: Nov 4, 2026

Q3 26 RECAP

AUG 5, 2026

Reported EPS of $0.26 vs $0.24 consensus (+7.0% surprise). Revenue of $189.6M vs $179.1M expected (+5.8%). Beat on both top and bottom lines.

EPS beat +7.0%
Rev beat +5.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+7.0%

Revenue trend · last 8Q

+4%

+4%

+6%

+11%

+6%

+6%

+11%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$162.0M

$194.0M

$155.8M

$173.3M

$179.5M

$205.4M

$164.4M

$192.8M

Margins · last 8Q

Gross

67.8%

Operating

16.2%

Profit

10.0%

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

Latest: Needham · Sep 3, 2026

vs Industry

How MGNI stacks vs Advertising Agencies

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

Industry comparison data unavailable for this stock.