Magnite Inc MGNI

$29.34 +0.13 (0.45%)

Valuation

Market cap
4,193,359,000
Revenue TTM
$713,950,000
Net income TTM
$144,610,000
P/E (trailing)
41.94
P/E (forward)
46.50
Profit margin
20.25%
Debt to equity
0.36

Trading

Volume
2,149,200
Avg volume
2,344,770
Day's range
$28.98 – $29.51
Shares out
143,559,000
Stochastic %K
96%
Beta
2.44
Analysts
Strong Buy
Price target
$32.33

Price

Company profile

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 buyer...

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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.

Industry
Advertising Agencies
Sector
Communication Services
Phone
212 243 2769
Website
https://www.magnite.com
Address
1250 Broadway, 9th Floor, New York, United States

Latest news

Stocktwits

MaverikIT Nov 13, 4:02 PM
@Jblack500 @WAJeff @cynicaloptimist $GCT $MGNI
1 replies
ponderevo Nov 13, 2:49 PM
$MGNI once again, green in my port whereas others are all red. #study #learn
0 replies
jcconlin Nov 13, 2:39 PM
$MGNI Big open call interest at $26 and $27 for 11/20 expiry. On the overbought side right now. Given the history of Mgni, a quick dip to kill those calls is likely. Just sayin…Thinking a quick swing trade for more shares. Hggmmm.
1 replies
_StickTwots_ Nov 13, 4:57 AM
$MGNI Looking at big picture "loose" TA. Not to say that it can't or won't break out, but we are bumping up against the top end of a long term channel. Structurally this looks good, with the long term up trend in tact. Given the latest earnings, guidance, remedies, etc; favorable tailwinds are aplenty.
0 replies
BigGainTom Nov 12, 9:36 PM
$FLNT tremendous earnings beat by Fluent! Adtechs are all running and beating $ZVRA $MGNI $TTD
1 replies
_StickTwots_ Nov 12, 9:12 PM
$MGNI holding up very well considering the market volatility. Starting to build a base above the previous resistance of 26-27 range. Would almost prefer we hang here for a while to build a nice floor for support before setting off on the journey higher. Also hoping Barrett isn't as much of a horn dog as Jensen 😂
1 replies
dustlesspuma Nov 12, 1:55 PM
🟢 $MGNI 26C Nov 20 💰 $102,200 premium 💵 $0/contract 📊 0x Vol/OI 📍 Spot $102 💰 Large premium 🌊 Dark Flow | Options Flow
0 replies
Iwannagofast1 Nov 12, 1:41 PM
$MGNI So glad to see this thing running correctly. Rotation obviously going on and been going on.
0 replies