Update shared on08 Aug 2025
Fair value Increased 7.64%The upward revision in Magnite’s consensus price target reflects improved revenue growth forecasts, despite a higher future P/E, raising fair value from $26.19 to $27.58.
What's in the News
- Magnite partnered with REMAX to monetize its digital inventory and leverage proprietary homebuyer data, enabling brands to target high-intent audiences in the real estate sector.
- Collaboration with FanDuel Sports Network resulted in a 25% year-over-year increase in impressions served, showcasing the impact of Magnite's video platform on live sports streaming monetization.
- Acast formed a global partnership with Magnite, providing unified programmatic access to over 140,000 podcasts and allowing advertisers to execute omnichannel campaigns across audio, CTV, and online video.
- Strategic partnership with dentsu in EMEA enables advanced, data-driven media buying using Magnite's video technology, enhancing efficiency, transparency, and control for clients across multiple markets.
- Magnite’s technology was adopted by Paramount Australia, unlocking programmatic access to Paramount+ streaming inventory and improving advertiser reach and efficiency in Australia.
- Magnite was removed from several Russell value indices, including the Russell 2000, 2500, and 3000 Value and Small Cap benchmarks.
- Integration of Anoki ContextIQ into Magnite’s SpringServe platform delivers advanced AI-based contextual targeting and planning tools to CTV advertisers and publishers.
- Enhanced collaboration with Amazon Publisher Services extends Magnite's access to streaming TV inventory through the Transparent Ad Marketplace and Fire TV devices.
- Redfin selected Magnite as its preferred SSP, providing advertisers access to exclusive real estate audiences through highly targeted, data-driven programmatic deals.
Valuation Changes
Summary of Valuation Changes for Magnite
- The Consensus Analyst Price Target has risen from $26.19 to $27.58.
- The Consensus Revenue Growth forecasts for Magnite has significantly risen from 6.5% per annum to 8.8% per annum.
- The Future P/E for Magnite has significantly risen from 35.80x to 46.57x.
Disclaimer
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