Magnite (MGNI)

• Market cap: $3.4B
• 1 day: 3.38%
• 5 days: -0.83%
• 1 month: -1.93%
• 3 months: 30.83%
• 6 months: 81.09%
• Year to date: 48.14%
• 1 year: 81.78%
• 5 years: 281.6%
• 10 years: 59.75%
• Sector: Communication Services
• Industry: Advertising Agencies

About: Magnite Inc is one of the supply-side platform providers, or SSP, in online advertising. The firm generate its revenue from the programmatic sale of CTV ad inventory, from mobile online sites and apps, and the remaining from websites accessed via computer.

Employees: 905

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

134% more capital invested

Capital invested by funds: $1.51B [Q1] → $3.54B (+$2.03B) [Q2]

129% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 16 (+9) [Q2]

18% more call options, than puts

Call options by funds: $118M | Put options by funds: $100M

11.39% more ownership

Funds ownership: 92.79% [Q1] → 104.18% (+11.39%) [Q2]

6% more repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 95

5% less first-time investments, than exits

New positions opened: 54 | Existing positions closed: 57

2% less funds holding

Funds holding: 290 [Q1] → 284 (-6) [Q2]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $24
• Avg. target: $29
• High target: $39

8 analyst ratings

• positive: 7 88%
• neutral: 1 13%
• negative: 0 0%

Rosenblatt Barton Crockett	$39	Buy Maintained	17 Sep 2025
Scotiabank Nat Schindler	$30	Sector Outperform Maintained	7 Aug 2025
Benchmark Daniel L. Kurnos	$31	Buy Maintained	7 Aug 2025
Susquehanna Shyam Patil	$28	Positive Maintained	7 Aug 2025
Needham Laura Martin	$25	Buy Maintained	7 Aug 2025