Magnite Inc. (MGNI)
NASDAQ: MGNITechnologyComputer Software: Programming Data ProcessingUSD
Market open · Delayed 15 min · as of Oct 8, 9:39 AM ET
MGNI stock chart
Technical analysisKey statistics
All statistics- Market cap
- $3.61B
- P/E (TTM)
- 22.90
- Forward P/E
- 19.05
- EPS (TTM)
- $1.10
- Dividend yield
- None
- 52-week range
- 10.82 – 26.84
- Day range
- 24.82 – 25.30
- Volume / Avg
- 33.43K / 2.44M
- Beta
- —
- Shares outstanding
- 143.42M
- Next earnings
- Nov 4, 2026
52-week range
MGNI stock today
Shares of Magnite (MGNI) are trading lower on Oct 8 at $25.19, a drop of 0.22% or $0.055 per share, versus the S&P 500's 0.34% decline. Shares are 6.2% below their 52-week high of $26.84, set on Sep 17, 2026 and 132.8% above the 52-week low of $10.82, near the top of the past year's range. MGNI is up 55.5% year to date, outperforming the S&P 500 (+14.0%). Over the past 12 months, the stock has gained 32.1%.
At 22.9x trailing earnings, Magnite trades below the peer-group median of 34.5x. Its forward P/E of 19.1x is lower than the trailing multiple, which means analysts expect earnings to rise over the next year. Magnite's next earnings report is expected on Nov 4, 2026.
Summary generated from market data by MetaCap's automated system. Methodology
About Magnite
Company profileMagnite, 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.
- Sector
- Technology
- Industry
- Computer Software: Programming Data Processing
- CEO
- Mr. Michael G. Barrett
- Headquarters
- New York, NY
- Employees
- 971
- Website
- magnite.com
Financial highlights
Full financialsIn fiscal 2025, Magnite generated $714.0 million in revenue, up 6.9% from fiscal 2024, its 7th consecutive year of revenue growth. Net income was $144.6 million (+534.7% year over year), for a net margin of 20.3% versus a median of -22.6% in the prior 5 years. Gross margin was 62.7% (up from 61.3%) and operating margin 13.7%.
| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $713.95M | $668.17M | $619.71M | $577.07M | $468.41M |
| Growth | +6.85% | +7.82% | +7.39% | +23.20% | +111.35% |
| Net income | $144.61M | $22.79M | $-159.18M | $-130.32M | $65.00K |
| EPS (diluted) | $0.95 | $0.16 | $-1.17 | $-0.98 | $0.00 |
Analyst forecast
ForecastConsensus (15 analysts)
strong_buy
Avg. price target
$29.67+17.81%
- Strong buy 3
- Buy 10
- Hold 2
- Sell 0
- Strong sell 0
Target range
Ratings and targets reflect third-party analyst opinions, not MetaCap recommendations.
Earnings
Earnings history- Next report
- Nov 4, 2026
- EPS estimate
- $0.16
- Last reported (Q2 2026)
- Aug 5, 2026
- EPS actual vs est.
- $0.13 vs —
MGNI news
All MGNI newsMagnite peers
Technology sector| Company | Price | % Chg | Market cap | Compare |
|---|---|---|---|---|
| SRADSportradar Group AG Class A | 12.12 | +0.50% | $3.59B | vs MGNI |
| WIXWix.com Ltd. | 74.26 | +1.77% | $3.11B | vs MGNI |
| PPLIPeople Incorporated | 40.46 | -0.32% | $3.01B | vs MGNI |
| RUMRUM Group Inc. Class A | 7.41 | -1.46% | $2.96B | vs MGNI |
| CSQRCsquare Inc. | 17.47 | -1.05% | $2.91B | vs MGNI |
| GRNDGrindr Inc. | 14.35 | 0.00% | $2.49B | vs MGNI |
| DJTTrump Media & Technology Group Corp. | 8.12 | -1.28% | $2.26B | vs MGNI |
| DVDoubleVerify Holdings Inc. | 13.50 | -0.04% | $2.11B | vs MGNI |
Indexes, lists and sector
Appears in lists
Largest Technology stocks
Magnite stock FAQ
What is Magnite's stock price today?
MGNI last traded at $25.19 as of Oct 8, 9:39 AM EDT, down 0.22% on the day. Prices are delayed at least 15 minutes.
When is Magnite's next earnings date?
Magnite is expected to report earnings on Wednesday, November 4, 2026. Analysts expect EPS of $0.16.
What is MGNI's P/E ratio?
MGNI trades at a trailing P/E ratio of 22.90 and a forward P/E of 19.05, compared with a median of 34.5 for its closest peers.
Who is Magnite's CEO?
Mr. Michael G. Barrett is the chief executive officer of Magnite Inc., which has about 971 employees.
What is the MGNI 52-week high?
The 52-week high for MGNI is $26.84 and the 52-week low is $10.82. The stock is currently 6.2% below its high.