(MGNI) Magnite - Overview

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

Stock: Sell-Side, Platform, CTV, Streaming, Ad-Server

Total Rating 17

Risk 48

Buy Signal -1.24

Advertising Agencies » Advertising
Age: 11.9y

Market Cap: 2,079m
Avg Trading Vol: 31.4M USD

ATR: 7.99%
Peers RS (IBD): 33.33

EPS (Earnings per Share)

EPS CAGR: -40.83%
EPS Trend: -2.4%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 2.89%
Rev. Trend: 59.5%

Last SUE: 0.81
Qual. Beats: 0

Risk 5d forecast
Volatility	66.4%
Relative Tail Risk	-16.5%

Reward TTM
Sharpe Ratio	-0.52
Alpha	-62.23

Character TTM
Beta	1.817
Beta Downside	2.125

Drawdowns 3y
Max DD	57.95%
CAGR/Max DD	-0.02

Description: MGNI Magnite January 12, 2026

Magnite Inc. (NASDAQ: MGNI) runs an independent, omni-channel sell-side platform that helps publishers-such as CTV operators, app developers, and website owners-monetize digital inventory, while providing advertisers, agencies, and DSPs a marketplace to purchase that inventory. The company, formerly The Rubicon Project, rebranded in July 2020 and is headquartered in New York, operating sales teams globally.

Key recent metrics: Q4 2023 revenue was $158 million, down about 5 % YoY, reflecting broader ad-spend pressure; however, CTV eCPM grew ~12 % YoY, underscoring the sector’s shift toward video-first formats. Magnite’s share of the U.S. sell-side market is roughly 10 %, and its fill-rate on premium inventory remains above 85 %, indicating strong demand for its programmatic solutions despite a macro-economic slowdown in advertising budgets.

For a deeper, data-driven view of Magnite’s valuation dynamics, you may find ValueRay’s analyst dashboard useful.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income: 58.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -0.49 > 1.0
NWC/Revenue: 1.77% < 20% (prev 24.16%; Δ -22.39% < -1%)
CFO/TA 0.08 > 3% & CFO 222.4m > Net Income 58.0m
Net Debt (143.1m) to EBITDA (150.7m): 0.95 < 3
Current Ratio: 1.01 > 1.5 & < 3
Outstanding Shares: last quarter (153.2m) vs 12m ago 3.01% < -2%
Gross Margin: 62.30% > 18% (prev 0.61%; Δ 6169 % > 0.5%)
Asset Turnover: 24.83% > 50% (prev 24.15%; Δ 0.68% > 0%)
Interest Coverage Ratio: 3.19 > 6 (EBITDA TTM 150.7m / Interest Expense TTM 29.6m)

Altman Z'' -0.78

A: 0.00 (Total Current Assets 1.73b - Total Current Liabilities 1.71b) / Total Assets 2.92b
B: -0.22 (Retained Earnings -639.6m / Total Assets 2.92b)
C: 0.03 (EBIT TTM 94.4m / Avg Total Assets 2.83b)
D: -0.30 (Book Value of Equity -641.1m / Total Liabilities 2.11b)
Altman-Z'' Score: -0.78 = CCC

Beneish M -3.12

DSRI: 0.98 (Receivables 1.22b/1.16b, Revenue 702.6m/661.1m)
GMI: 0.97 (GM 62.30% / 60.51%)
AQI: 0.93 (AQ_t 0.35 / AQ_t-1 0.38)
SGI: 1.06 (Revenue 702.6m / 661.1m)
TATA: -0.06 (NI 58.0m - CFO 222.4m) / TA 2.92b)
Beneish M-Score: -3.12 (Cap -4..+1) = AA

What is the price of MGNI shares?

As of February 07, 2026, the stock is trading at USD 11.29 with a total of 2,257,000 shares traded.
Over the past week, the price has changed by -21.98%, over one month by -33.12%, over three months by -24.05% and over the past year by -41.01%.

Is MGNI a buy, sell or hold?

Magnite has received a consensus analysts rating of 4.62. Therefore, it is recommended to buy MGNI.

StrongBuy: 9
Buy: 3
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the MGNI price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	26.9	137.9%
Analysts Target Price	26.9	137.9%
ValueRay Target Price	11.2	-1%

MGNI Fundamental Data Overview February 03, 2026

P/E Trailing = 36.175
P/E Forward = 12.6904
P/S = 2.9586
P/B = 2.5709
Revenue TTM = 702.6m USD
EBIT TTM = 94.4m USD
EBITDA TTM = 150.7m USD
Long Term Debt = 348.1m USD (from longTermDebt, last quarter)
Short Term Debt = 228.4m USD (from shortTermDebt, last quarter)
Debt = 625.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 143.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.22b USD (2.08b + Debt 625.2m - CCE 482.1m)
Interest Coverage Ratio = 3.19 (Ebit TTM 94.4m / Interest Expense TTM 29.6m)
EV/FCF = 13.50x (Enterprise Value 2.22b / FCF TTM 164.5m)
FCF Yield = 7.40% (FCF TTM 164.5m / Enterprise Value 2.22b)
FCF Margin = 23.42% (FCF TTM 164.5m / Revenue TTM 702.6m)
Net Margin = 8.25% (Net Income TTM 58.0m / Revenue TTM 702.6m)
Gross Margin = 62.30% ((Revenue TTM 702.6m - Cost of Revenue TTM 264.9m) / Revenue TTM)
Gross Margin QoQ = 61.36% (prev 62.53%)
Tobins Q-Ratio = 0.76 (Enterprise Value 2.22b / Total Assets 2.92b)
Interest Expense / Debt = 1.26% (Interest Expense 7.90m / Debt 625.2m)
Taxrate = 4.23% (885.0k / 20.9m)
NOPAT = 90.4m (EBIT 94.4m * (1 - 4.23%))
Current Ratio = 1.01 (Total Current Assets 1.73b / Total Current Liabilities 1.71b)
Debt / Equity = 0.77 (Debt 625.2m / totalStockholderEquity, last quarter 808.0m)
Debt / EBITDA = 0.95 (Net Debt 143.1m / EBITDA 150.7m)
Debt / FCF = 0.87 (Net Debt 143.1m / FCF TTM 164.5m)
Total Stockholder Equity = 771.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.05% (Net Income 58.0m / Total Assets 2.92b)
RoE = 7.51% (Net Income TTM 58.0m / Total Stockholder Equity 771.6m)
RoCE = 8.43% (EBIT 94.4m / Capital Employed (Equity 771.6m + L.T.Debt 348.1m))
RoIC = 6.81% (NOPAT 90.4m / Invested Capital 1.33b)
WACC = 9.97% (E(2.08b)/V(2.70b) * Re(12.61%) + D(625.2m)/V(2.70b) * Rd(1.26%) * (1-Tc(0.04)))
Discount Rate = 12.61% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.21%
[DCF Debug] Terminal Value 73.02% ; FCFF base≈165.7m ; Y1≈184.2m ; Y5≈241.0m
Fair Price DCF = 19.78 (EV 2.98b - Net Debt 143.1m = Equity 2.84b / Shares 143.6m; r=9.97% [WACC]; 5y FCF grow 12.88% → 2.90% )
EPS Correlation: -2.37 | EPS CAGR: -40.83% | SUE: -4.0 | # QB: 0
Revenue Correlation: 59.53 | Revenue CAGR: 2.89% | SUE: 0.81 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.10 | Chg30d=-0.058 | Revisions Net=-1 | Analysts=6
EPS next Year (2026-12-31): EPS=1.04 | Chg30d=+0.000 | Revisions Net=-1 | Growth EPS=+19.2% | Growth Revenue=+10.0%

Additional Sources for MGNI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle