MGNI * Stock Overview Operates an independent omni-channel sell-side advertising platform in the United States and internationally. More details
Rewards Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
Magnite, Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Magnite Historical stock prices Current Share Price US$349.15 52 Week High US$350.00 52 Week Low US$155.77 Beta 2.51 1 Month Change 43.55% 3 Month Change n/a 1 Year Change n/a 3 Year Change 23.88% 5 Year Change n/a Change since IPO -66.07%
Recent News & Updates
Magnite, Inc. to Report Q4, 2024 Results on Feb 26, 2025 Jan 22
Magnite, Inc. Announces Promotions to Management Team Dec 12
Third quarter 2024 earnings released: EPS: US$0.037 (vs US$0.13 loss in 3Q 2023) Nov 09
Magnite, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Oct 07
Chief Product Officer recently sold Mex$1.9m worth of stock Aug 23
Second quarter 2024 earnings released: US$0.008 loss per share (vs US$0.54 loss in 2Q 2023) Aug 08 See more updates
Magnite, Inc. to Report Q4, 2024 Results on Feb 26, 2025 Jan 22
Magnite, Inc. Announces Promotions to Management Team Dec 12
Third quarter 2024 earnings released: EPS: US$0.037 (vs US$0.13 loss in 3Q 2023) Nov 09
Magnite, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Oct 07
Chief Product Officer recently sold Mex$1.9m worth of stock Aug 23
Second quarter 2024 earnings released: US$0.008 loss per share (vs US$0.54 loss in 2Q 2023) Aug 08
Magnite Launches Full AI-Driven Automation Within Demand Manager to Earn Incremental Revenue for Publishers Aug 01
Magnite, Inc. to Report Q2, 2024 Results on Aug 07, 2024 Jul 09
Magnite, Inc., Annual General Meeting, Jun 12, 2024 Apr 28
Magnite, Inc. to Report Q1, 2024 Results on May 08, 2024 Apr 09
Full year 2023 earnings released: US$1.17 loss per share (vs US$0.98 loss in FY 2022) Feb 29
Magnite, Inc. (NasdaqGS:MGNI) announces an Equity Buyback. Feb 07
Magnite, Inc. to Report Q4, 2023 Results on Feb 28, 2024 Jan 25
Magnite, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Oct 06
Magnite Inks Deal with Mediaocean to Boost Access to Ctv for Local Linear Buyers Sep 01
Magnite Appoints Yael Milbank as Managing Director, Australia and New Zealand Aug 02
Magnite, Inc. to Report Q2, 2023 Results on Aug 09, 2023 Jul 07
Magnite Announces Introducing Magnite Access, an Omnichannel Audience, Data and Identity Suite Jun 16
Magnite, Inc. Provides Financial Guidance for the Second Quarter and Full Year of 2023 May 11
High number of new directors Mar 09
Chief Operating Officer recently sold Mex$16m worth of stock Mar 04
Full year 2022 earnings released: US$0.98 loss per share (vs US$0.001 profit in FY 2021) Feb 24
High number of new directors Feb 24
Magnite Announces Next Generation CTV and OTT Monetization Platform: Magnite Streaming Feb 08
Magnite, Inc. to Report Q4, 2022 Results on Feb 22, 2023 Jan 20
Edenbrook Capital, LLC Engages in Discussions with Magnite, Inc Nov 11
Magnite, Inc. Provides Financial Guidance for the Fourth Quarter and Full Year of 2022 Nov 10
Magnite, Inc. to Report Q3, 2022 Results on Nov 09, 2022 Oct 15
Second quarter 2022 earnings released: US$0.19 loss per share (vs US$0.29 profit in 2Q 2021) Aug 10
Magnite, Inc. Announces Executive Changes, Effective August 31, 2022 Aug 05
High number of new directors Jul 18
Magnite, Inc. to Report Q2, 2022 Results on Aug 09, 2022 Jul 06
High number of new directors May 31
Magnite, Inc. Announces Impairment of Intangible Assets for the First Quarter Ended March 31, 2022 May 05
Magnite, Inc. to Report Q1, 2022 Results on May 04, 2022 Apr 05
Magnite, Inc. (NasdaqGS:MGNI) acquired assets of Carbon RMP. Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Feb 24
Magnite, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2022 Feb 24
High number of new directors Feb 02
Magnite, Inc. (NasdaqGS:MGNI) acquired Nth Party, Ltd. Jan 07
Magnite, Inc. (NasdaqGS:MGNI) announces an Equity Buyback for $50 million worth of its shares. Dec 14
Independent Director recently bought Mex$856k worth of stock Dec 13
Third quarter 2021 earnings released: US$0.18 loss per share (vs US$0.095 loss in 3Q 2020) Nov 06
High number of new directors Nov 06
Second quarter 2021 earnings released: EPS US$0.29 (vs US$0.36 loss in 2Q 2020) Aug 06
Forecast breakeven moved forward to 2021 Jul 28
High number of new directors Jul 28
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 04
Chief Technology Officer Thomas Kershaw has left the company Jul 03
Chief Technology Officer Thomas Kershaw has left the company Jul 03
Chief Technology Officer Thomas Kershaw has left the company Jul 03
Magnite-Led Consortium Completes First Phase of Publisher First-Party Segments Initiative Jun 30 Magnite, Inc.(NasdaqGS:MGNI) dropped from Russell Microcap Growth Index
First quarter 2021 earnings released: US$0.11 loss per share (vs US$0.18 loss in 1Q 2020) May 12
Magnite, Inc. (NasdaqGS:MGNI) completed the acquisition of SpotX, Inc. from RTL Group S.A. (XTRA:RRTL) for approximately $1.14 billion. May 01
Chief Operating Officer recently sold Mex$23m worth of stock Apr 09
Full year 2020 earnings released: US$0.55 loss per share (vs US$0.48 loss in FY 2019) Mar 03
Revenue misses expectations Mar 03 Shareholder Returns MGNI * MX Media MX Market 7D 0% 2.7% 0.8% 1Y n/a 8.0% -12.3%
See full shareholder returns
Return vs Industry: Insufficient data to determine how MGNI * performed against the MX Media industry .
Return vs Market: Insufficient data to determine how MGNI * performed against the MX Market .
Price Volatility Is MGNI *'s price volatile compared to industry and market? MGNI * volatility MGNI * Average Weekly Movement n/a Media Industry Average Movement 6.0% Market Average Movement 4.0% 10% most volatile stocks in MX Market 6.8% 10% least volatile stocks in MX Market 2.7%
Stable Share Price: MGNI *'s share price has been volatile over the past 3 months compared to the MX market.
Volatility Over Time: Insufficient data to determine MGNI *'s volatility change over the past year.
About the Company 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 applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations.
Show more Magnite, Inc. Fundamentals Summary How do Magnite's earnings and revenue compare to its market cap? MGNI * fundamental statistics Market cap Mex$50.95b Earnings (TTM ) Mex$358.26m Revenue (TTM ) Mex$13.70b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) MGNI * income statement (TTM ) Revenue US$661.13m Cost of Revenue US$261.08m Gross Profit US$400.06m Other Expenses US$382.76m Earnings US$17.29m
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 26, 2025
Earnings per share (EPS) 0.12 Gross Margin 60.51% Net Profit Margin 2.62% Debt/Equity Ratio 76.3%
How did MGNI * perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/31 17:03 End of Day Share Price 2025/01/23 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources Magnite, Inc. is covered by 29 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Daniel Kurnos Benchmark Company Alexandra Ross Berenberg Murali Sankar Boenning & Scattergood, Inc.
Show 26 more analysts 