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Market Cap 1.99B P/E - EPS this Y 44.40% Ern Qtrly Grth -
Income -159.18M Forward P/E 17.28 EPS next Y 15.40% 50D Avg Chg 7.00%
Sales 619.71M PEG -0.42 EPS past 5Y 22.28% 200D Avg Chg 35.00%
Dividend N/A Price/Book 2.82 EPS next 5Y -32.20% 52W High Chg -7.00%
Recommedations 2.20 Quick Ratio 1.07 Shares Outstanding 139.93M 52W Low Chg 163.00%
Insider Own 11.34% ROA -3.42% Shares Float 124.34M Beta 2.26
Inst Own 75.26% ROE -21.32% Shares Shorted/Prior 5.94M/5.61M Price 14.69
Gross Margin 33.86% Profit Margin -25.69% Avg. Volume 1,470,227 Target Price 15.28
Oper. Margin 18.79% Earnings Date May 8 Volume 706,696 Change -1.01%
About Magnite, Inc.

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. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

Magnite, Inc. News
03/27/24 Disney Is Looking to Grow Its Ads Business Through Partnerships With a Trillion-Dollar Company and an Unstoppable Growth Stock
03/19/24 7 Little-Known Growth Stocks With Multibagger Upside
03/15/24 Insider Sell: Chief Product Officer Adam Soroca Sells 17,245 Shares of Magnite Inc (MGNI)
03/14/24 Mediaocean and Magnite Strike Exclusive Partnership to Automate Media Planning, Execution, and Reconciliation in Streaming TV
03/13/24 MGNI vs. PANW: Which Stock Should Value Investors Buy Now?
03/12/24 Shareholders in Magnite (NASDAQ:MGNI) have lost 75%, as stock drops 3.7% this past week
03/07/24 Is Magnite (MGNI) Stock Outpacing Its Computer and Technology Peers This Year?
03/06/24 Wall Street Analysts Think Magnite (MGNI) Could Surge 27.48%: Read This Before Placing a Bet
03/05/24 Magnite, Inc. (NASDAQ:MGNI) Q4 2023 Earnings Call Transcript
03/04/24 3 Top Bargain Stocks Ready for a Bull Run
02/29/24 Q4 2023 Magnite Inc Earnings Call
09:45 PM Magnite (MGNI) Q4 2023 Earnings Call Transcript
04:53 PM Magnite Inc (MGNI) Reports Solid Q4 and Full-Year 2023 Results with Revenue and EBITDA Growth
04:05 PM Magnite Reports Fourth Quarter and Full-Year 2023 Results
02/06/24 Magnite Announces Closing of New Senior Secured Revolving Credit and Term Loan Facilities
01/29/24 Magnite to Participate in the SIG Susquehanna Financial Group 13th Annual Technology Conference
01/24/24 Magnite to Announce Fourth Quarter 2023 Financial Results on February 28, 2024
01/22/24 Magnite Announces Intention to Refinance Existing Credit Facilities
01/17/24 Madison Small Cap Fund Sold Magnite (MGNI) on Disappointing Q3 Guidance
01/10/24 Tennis Australia Taps Magnite for Programmatic Advertising and Implements Demand Manager
MGNI Chatroom

User Image Crom5775 Posted - 2 hours ago

$MGNI

User Image Doozio Posted - 4 hours ago

$MGNI chop chop huckleberries 🧠⏰

User Image ponderevo Posted - 4 hours ago

$MGNI price is now back to the open on the day the DIS news hit. The day before it was 11.25ish. Completely normal action. New floor was established, as anyone scared by the DIS news got flushed. Now back to the open and hopefully higher, till the entire move is retraced.

User Image NateWolf Posted - 4 hours ago

$TTD $MGNI $PERI $PUBM I realize that “The Trade Desk” is priced for perfection, but it’s hands down still my favorite AdTech company. TTD 😎

User Image Crom5775 Posted - 5 hours ago

$MGNI pushing off its 50 days moving average again.

User Image PugzNoDrugs Posted - 5 hours ago

$MGNI send it

User Image stocktechgod Posted - 6 hours ago

$MGNI 11

User Image dpacecamp Posted - 7 hours ago

@Geckomeister i know you are taking specially about $MGNI. But if you want that in general, check out JEPI ETF. Pays out monthly on them selling covered options. Is returning about 8%.

User Image Geckomeister Posted - 7 hours ago

$MGNI I wish I could harvest option premiums from the masses as well as the algos can. Feels like this is just a neverending vehicle for others to cream money off, with the actual company, and its results and forecasts, being largely irrelevant.

User Image Laurok1414 Posted - 7 hours ago

$MGNI Maggie, you are all over the place

User Image PlugPortal Posted - 20 hours ago

$MGNI middle....what do you want next.

User Image HiIosers Posted - 21 hours ago

$MGNI Take back your miserable bagholder $PERI LOLOL

User Image HiIosers Posted - 21 hours ago

@JCLuckman you already reached to hell with $PERI LOL both $PERI & $MGNI trash meme stocks. Buy $TTD you loser haha

User Image fromthesedgegrass Posted - 21 hours ago

$MGNI https://www.tipranks.com/news/blurbs/buy-rating-affirmed-for-magnite-on-strong-ctv-growth-and-financial-outlook

User Image fromthesedgegrass Posted - 21 hours ago

$MGNI 3 Best Stocks to Buy Now, 3/26/2024, According to Top Analysts https://www.tipranks.com/news/3-best-stocks-to-buy-now-3-26-2024-according-to-top-analysts

User Image fromthesedgegrass Posted - 21 hours ago

$MGNI "Laura Martin has given her Buy rating due to a combination of factors related to Magnite’s strategic positioning and the financial benefits stemming from its relationship with Disney. Specifically, Magnite’s underlying technology powers Disney’s Real-Time Ad Exchange (DRAX), which is an aggregation of Hulu and Disney+ CTV ad inventory available for auction. Despite investor concerns about the potential disintermediation of Supply Side Platforms (SSPs), Martin believes Magnite’s integral role in DRAX’s operation is a significant positive." https://www.tipranks.com/news/blurbs/magnites-strategic-advantage-and-revenue-prospects-bolster-buy-rating

User Image Flashvalue Posted - 21 hours ago

$MGNI back in when April comes

User Image JCLuckman Posted - 22 hours ago

$MGNI $8 is easier than $11 now Absolute Debt DOG… Howling from Hell

User Image BananaApe Posted - 1 day ago

$MGNI is there some news or just our balls are being squeezed by shorts and algorithms

User Image Lulubaby Posted - 1 day ago

$MGNI

User Image fromthesedgegrass Posted - 1 day ago

$MGNI https://finance.yahoo.com/news/disney-looking-grow-ads-business-130000843.html

User Image fromthesedgegrass Posted - 1 day ago

$MGNI https://www.adexchanger.com/tv/how-disney-juggles-direct-supply-paths-without-disintermediating-ssps/

User Image Crom5775 Posted - 2 days ago

$MGNI getting that push off the 50 days moving average today

User Image fromthesedgegrass Posted - 2 days ago

$MGNI https://investorplace.com/2024/03/7-little-known-growth-stocks-with-multibagger-upside/

User Image 8BALLIAM Posted - 2 days ago

$MGNI 16 like I said

User Image JoeDoe99 Posted - 3 days ago

$MGNI re-affirming for any doubters. Some revenue will be lost with direct systems like DRAX. The tail of publishers not doing direct will be massive in the coming years as money pours into CTV. Free money here. DCA and accumulate.

User Image BananaApe Posted - 3 days ago

$MGNI

User Image Chenghiskhan Posted - 3 days ago

$MGNI I have puts as protection I hope they go to 0

User Image JCLuckman Posted - 3 days ago

$MGNI

User Image Leathalpandora1 Posted - 3 days ago

$MGNI seems to be accumulating in this range

Analyst Ratings
Benchmark Buy Mar 25, 24
Needham Buy Mar 21, 24
RBC Capital Outperform Mar 7, 24
B. Riley Securities Buy Feb 29, 24
RBC Capital Outperform Feb 29, 24
B of A Securities Neutral Feb 29, 24
Benchmark Buy Feb 29, 24
Susquehanna Positive Feb 29, 24
Needham Buy Feb 23, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Buonasera David Chief Technology Off.. Chief Technology Officer Sep 06 Sell 8.58 5,444 46,710 207,246 09/07/23
Spillane Robert F Director Director Aug 22 Sell 8.05 25,000 201,250 94,090 08/23/23
Buckley Sean Patrick Chief Revenue Office.. Chief Revenue Officer Aug 16 Sell 8.31 5,273 43,819 317,529 08/18/23
Soroca Adam Lee Chief Product Office.. Chief Product Officer Aug 16 Sell 8.31 6,840 56,840 425,437 08/18/23
BARRETT MICHAEL G. CEO CEO Aug 16 Sell 8.31 35,869 298,071 1,294,203 08/18/23
Evans Katie Seitz Chief Operating Offi.. Chief Operating Officer Aug 16 Sell 8.31 7,038 58,486 349,033 08/18/23
Buonasera David Chief Technology Off.. Chief Technology Officer Jul 03 Sell 13.43 6,624 88,960 215,338 07/06/23
Day David Chief Financial Offi.. Chief Financial Officer Jun 29 Sell 14.00 21,564 301,896 424,944 06/30/23
Buckley Sean Patrick Chief Revenue Office.. Chief Revenue Officer Jun 02 Sell 12.99 12,219 158,725 322,802 06/06/23
Soroca Adam Lee Chief Product Office.. Chief Product Officer May 16 Sell 10.88 12,390 134,803 432,277 05/18/23
BARRETT MICHAEL G. CEO CEO May 16 Sell 10.88 24,679 268,508 1,505,072 05/18/23
Buonasera David Chief Technology Off.. Chief Technology Officer May 16 Sell 10.88 1,559 16,962 221,962 05/18/23
Gephart Brian Chief Accounting Off.. Chief Accounting Officer May 16 Sell 10.88 1,237 13,459 96,563 05/18/23
Evans Katie Seitz Chief Operating Offi.. Chief Operating Officer May 16 Sell 10.88 7,450 81,056 384,943 05/18/23
Saltz Aaron Chief Legal Officer Chief Legal Officer May 16 Sell 10.88 3,801 41,355 330,820 05/18/23
Day David Chief Financial Offi.. Chief Financial Officer May 16 Sell 10.88 16,066 174,798 463,025 05/18/23
Buckley Sean Patrick Chief Revenue Office.. Chief Revenue Officer May 16 Sell 10.88 5,640 61,363 335,021 05/18/23
Soroca Adam Lee Chief Product Office.. Chief Product Officer Feb 15 Sell 13.66 5,000 68,300 378,107 02/16/22
Soroca Adam Lee Chief Product Office.. Chief Product Officer Jan 18 Sell 14.61 5,000 73,050 289,769 01/20/22
Evans Katie Seitz Chief Operating Offi.. Chief Operating Officer Sep 15 Sell 29.29 64,190 1,880,125 354,744 09/15/21
Saltz Aaron General Counsel General Counsel Sep 10 Sell 30.21 40,004 1,208,521 266,478 09/10/21
Saltz Aaron General Counsel General Counsel Sep 10 Option 5.45 48,066 261,960 306,482 09/10/21
TROE LISA L Director Director Aug 18 Option 4.49 19,792 88,866 103,500 08/18/21