MagniteMGNI
MGNI
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
0
Funds holding %
of 7,335 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
26% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 42
5.05% more ownership
Funds ownership: 87.74% [Q4 2024] → 92.79% (+5.05%) [Q1 2025]
2% more funds holding
Funds holding: 283 [Q4 2024] → 290 (+7) [Q1 2025]
6% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 96
17% less call options, than puts
Call options by funds: $41.6M | Put options by funds: $50.1M
23% less capital invested
Capital invested by funds: $1.97B [Q4 2024] → $1.51B (-$452M) [Q1 2025]
30% less funds holding in top 10
Funds holding in top 10: 10 [Q4 2024] → 7 (-3) [Q1 2025]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$24
9%
upside
Avg. target
$29
32%
upside
High target
$39
77%
upside
8 analyst ratings
7 positive
88%
1 neutral
13%
0 negative
0%
Scotiabank Nat Schindler | 36%upside $30 | Sector Outperform Maintained | 7 Aug 2025 |
Benchmark Daniel L. Kurnos | 40%upside $31 | Buy Maintained | 7 Aug 2025 |
Susquehanna Shyam Patil | 27%upside $28 | Positive Maintained | 7 Aug 2025 |
Rosenblatt Barton Crockett | 77%upside $39 | Buy Maintained | 7 Aug 2025 |
Needham Laura Martin | 13%upside $25 | Buy Maintained | 7 Aug 2025 |
Financial journalist opinion
Based on 11 articles about MGNI published over the past 30 days
Positive
Benzinga
4 days ago
Magnite Analysts Boost Their Forecasts After Better-Than-Expected Q2 Earnings
Magnite, Inc. MGNI reported better-than-expected earnings for the second quarter on Wednesday.
Positive
The Motley Fool
5 days ago
Magnite (MGNI) Q2 Revenue Jumps 6%
Magnite (MGNI) Q2 Revenue Jumps 6%
Neutral
Seeking Alpha
5 days ago
Magnite, Inc. (MGNI) Q2 2025 Earnings Call Transcript
Magnite, Inc. (NASDAQ:MGNI ) Q2 2025 Earnings Conference Call August 6, 2025 4:30 PM ET Company Participants Aaron Saltz - Chief Legal Officer David L. Day - Chief Financial Officer Michael G.
Positive
Zacks Investment Research
5 days ago
Magnite (MGNI) Beats Q2 Earnings and Revenue Estimates
Magnite (MGNI) came out with quarterly earnings of $0.2 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.14 per share a year ago.
Neutral
GlobeNewsWire
5 days ago
Magnite Reports Second Quarter 2025 Results
Contribution ex-TAC (1) Grows 10% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 14% Year-Over-Year NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended June 30, 2025. Q2 2025 Highlights: Revenue of $173.3 million, up 6% year-over-year Contribution ex-TAC(1) of $162.0 million, up 10% year-over-year, exceeded guidance of $154 to $160 million Contribution ex-TAC(1) attributable to CTV of $71.5 million, up 14% year-over-year (15% excluding political), at the high end of the guidance range of $70 to $72 million Contribution ex-TAC(1) attributable to DV+ of $90.4 million, up 8% year-over-year, exceeded guidance of $84 to $88 million, marking twenty consecutive quarters of growth Net income of $11.1 million, or $0.08 per share, compared to a net loss of $1.1 million, or $0.01 per share for Q2 2024 Adjusted EBITDA(1) of $54.4 million, up 22% year-over-year, representing a 34% Adjusted EBITDA margin(2), compared to Adjusted EBITDA(1) of $44.7 million or a 30% margin in Q2 2024 Non-GAAP earnings per share(1) of $0.20, compared to non-GAAP earnings per share(1) of $0.14 for Q2 2024 Operating cash flow(3) of $33.9 million Q3 2025 Expectations: Total Contribution ex-TAC(1) to be between $161 million and $165 million Contribution ex-TAC(1) attributable to CTV to be between $71 million and $73 million (representing growth of 10% to 13% or 17% to 20% excluding political) Contribution ex-TAC(1) attributable to DV+ to be between $90 million and $92 million (representing growth of 6% to 8%) Adjusted EBITDA operating expenses(4) to be between $109 million and $111 million Reinstating previous full-year 2025 expectations: Total Contribution ex-TAC(1) growth above 10% Excluding political, total Contribution ex-TAC(1) growth in the mid-teens Mid-teens percentage growth of Adjusted EBITDA(1) Increasing Adjusted EBITDA margin(2) expansion to at least 150 basis points, from 100 basis points previously High-teens to 20% growth in free cash flow(5) “We delivered total top-line results and Adjusted EBITDA that exceeded our guidance for the second quarter, with significant upside from DV+.
Neutral
GlobeNewsWire
6 days ago
Magnite and REMAX Team Up to Power Commerce Media Expansion Across Onsite and Offsite Channels
Magnite will work with the real estate leader to extend its high-value audiences offsite and unlock new routes for brands to connect with high-intent home buyers Magnite will work with the real estate leader to extend its high-value audiences offsite and unlock new routes for brands to connect with high-intent home buyers
Positive
Seeking Alpha
1 week ago
Magnite Is Producing Lots Of Cash
Magnite holds a dominant position in CTV and DV+, benefiting from industry growth and regulatory actions against Google. The integration of SpringServe and AI-driven innovations provides a structural advantage and enhances monetization across CTV, linear TV, and live sports. Financials are solid with strong cash generation, margin expansion, and active share buybacks, despite slower revenue growth and cyclical risks.
Neutral
GlobeNewsWire
1 week ago
FanDuel Sports Network Scales Live Sports Monetization with Magnite
25% YOY Growth in Impressions Served Through Magnite's SpringServe Video Platform 25% YOY Growth in Impressions Served Through Magnite's SpringServe Video Platform
Positive
The Motley Fool
3 weeks ago
Prediction: 2 Stocks That Will Be Worth More Than SoundHound AI a Year From Now
SoundHound AI (SOUN 1.38%) has attracted a lot of attention in this new era of artificial intelligence (AI). The company makes voice recognition technology and voice assistants that are used by restaurants, the auto industry, television, and related industries.
Positive
Zacks Investment Research
3 weeks ago
Taboola vs. Magnite: Which Ad-Tech Stock Should Be in Your Portfolio?
The digital advertising industry is undergoing a swift transformation, fueled by advances in AI, privacy-first regulations and a broader range of media channels. As a result, digital ad spending continues to expand, with marketers reallocating budgets from traditional formats to online platforms such as social media, connected TV, search and retail media networks.
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