Search

Magnite Inc.

Closed

SectorCommunication services

25.33 -0.16

Overview

Share price change

24h

Current

Min

25.33

Max

25.49

Key metrics

By Trading Economics

Income

15M

19M

Sales

28M

193M

P/E

Sector Avg

22.691

32.664

EPS

0.15

Profit margin

10.045

Employees

971

EBITDA

8M

33M

Recommendations

By TipRanks

Recommendations

Strong Buy

12 Months Forecast

+19.69% upside

Dividends

By Acuity

Next Earnings

4 Nov 2026

Market Stats

By TradingEconomics

Market Cap

777M

3.6B

Previous open

25.49

Previous close

25.33

Magnite Inc. Chart

Past performance is not a reliable indicator of future results.

Related News

5 Oct 2026, 19:16 UTC

Magnite Inc is trading higher, advancing since Friday's close and performing near the upper end of its one-month range, despite earlier session pullbacks.

2 Oct 2026, 20:05 UTC

Magnite Inc. shares fell sharply after pulling back from an earlier session high, continuing a decline since Thursday's close.

1 Oct 2026, 19:56 UTC

Magnite Inc. is seeing a modest gain, remaining above its 20-day moving average despite pulling back from an earlier session high.

30 Sept 2026, 23:05 UTC

In after-market trading, Magnite Inc has declined sharply, reversing earlier gains while remaining above its 20-day moving average.

29 Sept 2026, 20:01 UTC

News

Magnite Inc shares are sharply higher as Bank of America Merrill Lynch raised its price target to $38, citing strong growth following the DOJ case resolution.

28 Sept 2026, 19:15 UTC

News

Magnite Inc shares fell sharply, reflecting a notable decline despite being chosen as the primary video ad server for HP TV+.

25 Sept 2026, 21:01 UTC

Magnite Inc. is trading higher in after-market hours, maintaining a cumulative return since Friday's close and positioned around the midpoint of its one-month trading range.

22 Sept 2026, 20:01 UTC

Magnite Inc shares fell sharply, pulling back from an earlier session high, reflecting a shift to negative territory despite remaining above its 20-day moving average.

18 Sept 2026, 20:05 UTC

News

Magnite Inc shares fell sharply despite B. Riley Securities raising its price target to $30, reflecting a decline from earlier highs in today's trading session.

17 Sept 2026, 23:01 UTC

In after-market trading, Magnite Inc is advancing, reflecting a notable rise since Thursday's close and remaining well above its 20-day moving average.

8 Sept 2026, 19:26 UTC

News

Magnite Inc launched a connected TV campaign in EMEA, reducing setup time by 70%. Shares are trading lower, continuing a decline since Friday's close.

2 Sept 2026, 20:01 UTC

Magnite Inc shares are higher Wednesday, advancing despite earlier pulling back from a session high. Trading volume is unusually high today.

1 Sept 2026, 21:02 UTC

Magnite Inc. shares are trading lower in after-market hours, continuing a decline from Tuesday's close amid unusual weakness and three consecutive lower closes.

31 Aug 2026, 19:36 UTC

News

Magnite shares are lower as Director Sarah Harden sold 18,436 shares at $24.00, intensifying selling pressure and negative sentiment around the stock.

28 Aug 2026, 21:02 UTC

Magnite Inc shares fell in after-market trading, reflecting a notable decline despite starting near the upper end of their one-month trading range.

26 Aug 2026, 20:06 UTC

Magnite Inc shares are trading lower amid mixed market performance and recent inflation data. No specific company news was identified to explain the price movement.

25 Aug 2026, 20:06 UTC

Magnite Inc shares are higher during Tuesday's session, reflecting a cumulative return of 1.53% since Monday. The stock remains above its 20-day moving average.

20 Aug 2026, 19:56 UTC

News

Magnite Inc shares are lower today, impacted by a broader market decline following Walmart's significant drop in sales growth and guidance.

19 Aug 2026, 22:01 UTC

Magnite Inc's shares are lower in after-market trading, continuing a decline since Wednesday's close without any specific news to explain the movement.

18 Aug 2026, 20:07 UTC

Magnite Inc's shares are higher during Tuesday's session, maintaining an upward trend since Monday's close despite an earlier pullback.

17 Aug 2026, 19:46 UTC

Social Media

Magnite Inc is trading lower despite social media discussions on long positions and CEO comments about growth in connected television.

14 Aug 2026, 19:44 UTC

Magnite Inc shares are higher today, recovering from an initial dip and trading near the upper end of their one-month range amid high volume.

13 Aug 2026, 20:06 UTC

News

Magnite Inc. shares are trading higher despite notable insider selling activity. The company reported 11.24% revenue growth and earnings per share of $0.14.

12 Aug 2026, 19:26 UTC

Magnite Inc shares are higher today, supported by positive market sentiment following tame inflation data. The stock remains stable near the upper end of its range.

10 Aug 2026, 19:56 UTC

News

Magnite Inc shares are lower today, continuing a decline since Friday. Analysts raised price targets, yet investor sentiment remains cautious amid labor market concerns.

8 Aug 2026, 00:01 UTC

Magnite Inc's shares are lower in after-market trading following Friday's close, despite trading above its 20-day moving average and near the upper end of its one-month range.

7 Aug 2026, 21:01 UTC

Magnite Inc. shares declined in after-market trading, despite being above their 20-day moving average and near the upper end of their one-month range.

6 Aug 2026, 23:56 UTC

Magnite Inc. shares are trading lower in after-market hours, with no specific news identified. The stock remains above its 20-day moving average.

5 Aug 2026, 23:01 UTC

News

Magnite reported second-quarter adjusted EPS of $0.26, exceeding estimates. Following strong results, shares are trading higher in after-market hours.

4 Aug 2026, 19:52 UTC

News

Magnite Inc shares are higher amid positive market attention and strong revenue growth, supported by a broader market rally and declining crude oil prices.

Peer Comparison

Price change

Magnite Inc. Forecast

Price Target

By TipRanks

19.69% upside

12 Months Forecast

Average 30.462 USD  19.69%

High 43 USD

Low 22 USD

Based on 13 Wall Street analysts offering 12 month price targets forMagnite Inc. - Dist in the last 3 months.

Rating Consensus

By TipRanks

Strong Buy

13 ratings

12

Buy

1

Hold

0

Sell

Financials

Selling and administration expenses

Operating expenses

Pre-tax profit

Sales

Cost of sales

Gross profit on sales

Interest expense on debt

EBITDA

Operating profit

$

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.