Applovin (APP) vs Magnite (MGNI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Magnite (MGNI) has outperformed Applovin (APP) over the past year, gaining 31.6% versus a loss of 55.9%. Over five years, APP leads with a +203.4% price change compared with -15.8% for MGNI. Applovin is the larger company by market cap ($94.50 billion vs $3.62 billion), about 26.1 times the size.
On valuation, Applovin trades at a lower forward P/E (13.4x vs 19.1x for Magnite).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APP | MGNI |
|---|---|---|
| Share price | $281.29 | $25.24 |
| Market cap | $94.50B | $3.62B |
| 1-day change | +0.90% | +1.61% |
| YTD return | -58.65% | +54.87% |
| 1-year return | -55.91% | +31.60% |
| 5-year return | +203.36% | -15.82% |
| P/E ratio (TTM) | 21.62 | 22.95 |
| Forward P/E | 13.41 | 19.09 |
| EPS (TTM) | $13.01 | $1.10 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $5.48B | — |
| Revenue growth (YoY) | +69.99% | — |
| Net income (latest FY) | $3.33B | — |
| Gross margin | 87.86% | — |
| Operating margin | 75.75% | — |
| Net margin | 60.83% | — |
| 52-week high | $738.01 | $26.84 |
| 52-week low | $266.84 | $10.82 |
| Distance from 52-week high | -61.89% | -5.96% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +76.23% | +17.55% |
| Average volume | 5.90M | 2.46M |
| Shares outstanding | 305.73M | 143.42M |
| Employees | 876 | 971 |
| Sector | Technology | Technology |
| Industry | Computer Software: Programming Data Processing | Computer Software: Programming Data Processing |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Applovin is about 26.1 times larger than Magnite by market value ($94.50B vs $3.62B).
- MGNI has outperformed APP by 87.5 percentage points over the past year.
About Applovin
APP stock →AppLovin Corporation provides end-to-end artificial intelligence-powered advertising solutions for businesses in the United States and internationally. It operates through two segments, Advertising and Apps.
Technology · Computer Software: Programming Data Processing · 876 employees
About Magnite
MGNI stock →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.
Technology · Computer Software: Programming Data Processing · 971 employees
APP vs MGNI FAQ
Which is bigger, Applovin or Magnite?
Applovin (APP) is larger, with a market capitalization of $94.50B compared with $3.62B for Magnite (MGNI).
Which stock has performed better over the past year, APP or MGNI?
MGNI returned +31.60% over the past 12 months, compared with -55.91% for APP (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, APP or MGNI?
APP has the lower trailing P/E at 21.6, versus 22.9 for MGNI. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Applovin and Magnite in the same industry?
Yes. Both are classified in the Computer Software: Programming Data Processing industry within the Technology sector.