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Magnite, Inc. Stock Price

NasdaqGS:MGNI Community·US$2.3b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 37 Fair Values set on narratives written by author

MGNI Share Price Performance

US$15.67
-2.01 (-11.37%)
US$22.21
Fair Value
US$15.67
-2.01 (-11.37%)
29.5% undervalued intrinsic discount
US$22.21
Fair Value
Price US$15.67
AnalystConsensusTarget US$22.21
AnalystHighTarget US$33.86
AnalystLowTarget US$19.08

MGNI Community Narratives

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Fair Value US$22.21 29.5% undervalued intrinsic discount

Long-term CTV Expansion Will Unlock Digital Advertising Opportunities

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Fair Value US$33.86 53.7% undervalued intrinsic discount

Connected TV And Programmatic Technologies Will Transform Digital Advertising

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Fair Value US$19 17.5% undervalued intrinsic discount

Privacy Crackdowns Will Pressure Ad Tech While Niche Opportunities Emerge

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1users have followed this narrative
US$33.86
53.7% undervalued intrinsic discount
Revenue
9.1% p.a.
Profit Margin
15.12%
Future PE
42.74x
Price in 2029
US$41.6
US$22.21
29.5% undervalued intrinsic discount
Revenue
6.47% p.a.
Profit Margin
12.43%
Future PE
39.38x
Price in 2029
US$27.3
US$19
17.5% undervalued intrinsic discount
Revenue
8.49% p.a.
Profit Margin
13.32%
Future PE
29.29x
Price in 2028
US$23.34

Trending Discussion

Updated Narratives

MGNI logo

MGNI: Expanded Walmart Data Partnership Will Support Higher Future Trading Multiple

Fair Value: US$33.86 53.7% undervalued intrinsic discount
0 users have set this as their fair value
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0 users have liked this narrative
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MGNI: CTV And AI Partnerships Will Drive Future Upside Potential

Fair Value: US$22.21 29.5% undervalued intrinsic discount
12 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
MGNI logo

Privacy Crackdowns Will Pressure Ad Tech While Niche Opportunities Emerge

Fair Value: US$19 17.5% undervalued intrinsic discount
1 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Flawless balance sheet and undervalued.

1 Risk
3 Rewards

Magnite, Inc. Key Details

US$722.6m

Revenue

US$264.2m

Cost of Revenue

US$458.3m

Gross Profit

US$299.7m

Other Expenses

US$158.7m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
1.11
63.43%
21.96%
38.2%
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

Seeking Alpha Jun 07

Magnite: Great Start To 2026 Should Drive The Stock's Recovery

Summary Magnite is poised for a recovery in 2026, supported by strong Q1 results and attractive valuation metrics. Q1 2026 revenue grew 5.5% YoY to $164M, with adjusted EBITDA up 16% and net income turning positive. MGNI's PEG ratio dropped to 0.37, reflecting compelling value given expected 27% earnings growth in 2026 and margin expansion. Momentum in CTV, Commerce Media, and AI integration, alongside technical bullish signals, underpins a positive outlook despite competitive and market risks. Read the full article on Seeking Alpha
Narrative Update Jun 01

MGNI: Expanded Walmart Data Partnership Will Support Higher Future Trading Multiple

Narrative Update Analysts have modestly trimmed Magnite's fair value estimate from about $34.36 to $33.86. This reflects updates to growth, margin and future P/E assumptions while still highlighting the expanded Walmart partnership as a positive driver for the connected TV and commerce media opportunity.

Recent updates

No updates