22.81 USD
+0.37
1.65%
At close Jul 30, 4:00 PM EDT
After hours
22.76
-0.05
0.22%
1 day
1.65%
5 days
-0.09%
1 month
-5.43%
3 months
91.84%
6 months
30.49%
Year to date
41.68%
1 year
61.09%
5 years
300.88%
10 years
31.39%
 

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 7,323 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

21% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 42

5.05% more ownership

Funds ownership: 87.74% [Q4 2024] → 92.78% (+5.05%) [Q1 2025]

2% more funds holding

Funds holding: 283 [Q4 2024] → 288 (+5) [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 (-$453M) [Q1 2025]

30% less funds holding in top 10

Funds holding in top 10: 10 [Q4 2024] → 7 (-3) [Q1 2025]

Research analyst outlook

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

Low target
$18
21%
downside
Avg. target
$25
9%
upside
High target
$39
71%
upside

6 analyst ratings

positive
83%
neutral
17%
negative
0%
Benchmark
Daniel Kurnos
32%upside
$30
Buy
Maintained
22 Jul 2025
Wells Fargo
Alec Brondolo
5%upside
$24
Equal-Weight
Maintained
8 Jul 2025
Rosenblatt
Barton Crockett
71%upside
$39
Buy
Maintained
30 Jun 2025
Needham
Laura Martin
21%downside
$18
Buy
Reiterated
15 May 2025
Lake Street
Eric Martinuzzi
17%downside
$19
Buy
Maintained
8 May 2025

Financial journalist opinion

Based on 8 articles about MGNI published over the past 30 days

Positive
Seeking Alpha
9 hours 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.
Magnite Is Producing Lots Of Cash
Neutral
GlobeNewsWire
12 hours 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
FanDuel Sports Network Scales Live Sports Monetization with Magnite
Positive
The Motley Fool
1 week 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.
Prediction: 2 Stocks That Will Be Worth More Than SoundHound AI a Year From Now
Positive
Zacks Investment Research
1 week 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.
Taboola vs. Magnite: Which Ad-Tech Stock Should Be in Your Portfolio?
Neutral
GlobeNewsWire
2 weeks ago
Paramount Australia Partners with Magnite to Unlock Programmatic Access to the Paramount+ Ad Tier
SYDNEY, July 14, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, and Paramount Australia today announced a partnership to unlock programmatic access to Paramount+'s premium streaming TV inventory in Australia for the first time. Following the launch of its ad-supported plan in the market, Paramount will leverage Magnite technology to give advertisers an unparalleled opportunity to reach engaged streaming audiences with greater efficiency and transparency in a premium environment. This announcement marks another key milestone in Paramount Australia's business and technology transformation, paving the way for Paramount Connect.
Paramount Australia Partners with Magnite to Unlock Programmatic Access to the Paramount+ Ad Tier
Neutral
GlobeNewsWire
3 weeks ago
Magnite to Announce Second Quarter 2025 Financial Results on August 6, 2025
NEW YORK, July 09, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the second quarter ended June 30, 2025 after the market close on Wednesday, August 6, 2025. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook.
Magnite to Announce Second Quarter 2025 Financial Results on August 6, 2025
Positive
Zacks Investment Research
4 weeks ago
Magnite (MGNI) Soars 14.3%: Is Further Upside Left in the Stock?
Magnite (MGNI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Magnite (MGNI) Soars 14.3%: Is Further Upside Left in the Stock?
Positive
Schwab Network
4 weeks ago
Overlooked Stock: MGNI Rallies to 5-Year High on Price Target Hike
Rosenblatt sees new potential in Magnite (MGNI) after boosting its price target on the digital advertising company. George Tsilis talks about value the firm sees in Magnite compared to peers like Roku Inc. (ROKU) and The Trade Desk (TTD).
Overlooked Stock: MGNI Rallies to 5-Year High on Price Target Hike
Negative
Benzinga
1 month ago
Top 2 Tech And Telecom Stocks You May Want To Dump In June
As of June 26, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Top 2 Tech And Telecom Stocks You May Want To Dump In June
Neutral
GlobeNewsWire
1 month ago
Magnite Integrates Anoki ContextIQ Platform and AI Copilot to Bring Scene Level Targeting to CTV
Magnite is first SSP to integrate ContextIQ to help bring contextual targeting and planning powered by multimodal AI to CTV advertising Magnite is first SSP to integrate ContextIQ to help bring contextual targeting and planning powered by multimodal AI to CTV advertising
Magnite Integrates Anoki ContextIQ Platform and AI Copilot to Bring Scene Level Targeting to CTV
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