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Magnite, Inc. Stock Price

NasdaqGS:MGNI Community·US$3.3b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 42 Fair Values set on narratives written by author

MGNI Share Price Performance

US$23.50
-1.83 (-7.22%)
US$26.60
Fair Value
US$23.50
-1.83 (-7.22%)
11.7% undervalued intrinsic discount
US$26.60
Fair Value
Price US$23.50
AnalystConsensusTarget US$26.60
AnalystLowTarget US$17.00
AnalystHighTarget US$36.15

MGNI Community Narratives

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Fair Value US$26.6 11.7% undervalued intrinsic discount

Long-term CTV Expansion Will Unlock Digital Advertising Opportunities

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Fair Value US$17 38.2% overvalued intrinsic discount

Privacy Crackdowns Will Pressure Ad Tech While Niche Opportunities Emerge

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Fair Value US$36.15 35.0% undervalued intrinsic discount

Connected TV And Programmatic Technologies Will Transform Digital Advertising

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Trending Discussion

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Updated Narratives

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MGNI: Connected TV And Agentic Ad Infrastructure Will Support Higher Multiple

Fair Value: US$36.15 35.0% undervalued intrinsic discount
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MGNI: CTV And Agentic Ad Infrastructure Support Balanced Future Upside Potential

Fair Value: US$26.6 11.7% undervalued intrinsic discount
12 users have set this as their fair value
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MGNI: Walmart Data Partnership And CTV Performance Budgets Will Strain Rich Multiple

Fair Value: US$17 38.2% overvalued intrinsic discount
1 users have set this as their fair value
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Snowflake Analysis

Flawless balance sheet with solid track record.

2 Risks
2 Rewards

Magnite, Inc. Key Details

US$742.0m

Revenue

US$261.3m

Cost of Revenue

US$480.7m

Gross Profit

US$313.8m

Other Expenses

US$166.9m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
1.16
64.78%
22.49%
37.4%
View Full Analysis

About MGNI

Founded
2007
Employees
971
CEO
Michael Barrett
WebsiteView website
www.magnite.com

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.

Recent MGNI News & Updates

Narrative Update Aug 21

MGNI: Connected TV And Agentic Ad Infrastructure Will Support Higher Multiple

Magnite's updated analyst price target has increased from $33.37 to $36.15, reflecting analysts' views of stronger recent results, higher margin expectations, and growing conviction in its role as key transaction infrastructure for connected TV and agentic ads. Analyst Commentary Recent commentary around Magnite has turned more constructive, with several bullish analysts lifting price targets after what they describe as strong Q2 execution and clearer visibility on margins.

Recent updates

No updates