MGNI 📈 Magnite - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55955D1000

MGNI: Advertising, Platform, Marketplace, Inventory, Management, Monetization

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. Web URL: https://www.magnite.com

Additional Sources for MGNI Stock

MGNI Stock Overview

Market Cap in USD 2,532m
Sector Communication Services
Industry Advertising Agencies
GiC Sub-Industry Advertising
IPO / Inception 2014-04-02

MGNI Stock Ratings

Growth 5y 35.4%
Fundamental 37.5%
Dividend -
Rel. Strength Industry 90.1
Analysts 4.62/5
Fair Price Momentum 15.97 USD
Fair Price DCF 19.30 USD

MGNI Dividends

No Dividends Paid

MGNI Growth Ratios

Growth Correlation 3m 77.6%
Growth Correlation 12m 79%
Growth Correlation 5y 3.3%
CAGR 5y 13.66%
CAGR/Mean DD 5y 0.21
Sharpe Ratio 12m 1.11
Alpha 13.81
Beta 2.45
Volatility 64.13%
Current Volume 2798.3k
Average Volume 20d 1722.7k
What is the price of MGNI stocks?
As of December 21, 2024, the stock is trading at USD 16.34 with a total of 2,798,275 shares traded.
Over the past week, the price has changed by -0.79%, over one month by +1.93%, over three months by +26.08% and over the past year by +71.10%.
Is Magnite a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Magnite (NASDAQ:MGNI) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 37.51 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MGNI as of December 2024 is 15.97. This means that MGNI is currently overvalued and has a potential downside of -2.26%.
Is MGNI a buy, sell or hold?
Magnite has received a consensus analysts rating of 4.62. Therefor, it is recommend to buy MGNI.
  • Strong Buy: 9
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0
What are the forecast for MGNI stock price target?
According to ValueRays Forecast Model, MGNI Magnite will be worth about 18.2 in December 2025. The stock is currently trading at 16.34. This means that the stock has a potential upside of +11.57%.
Issuer Forecast Upside
Wallstreet Target Price 18.2 11.3%
Analysts Target Price 14.2 -13.4%
ValueRay Target Price 18.2 11.6%