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 7,296 funds
0
Analysts bullish %
of 5 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
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
5%
upside
Avg. target
$19.60
15%
upside
High target
$24
40%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Needham Laura Martin | 5%upside $18 | Buy Reiterated | 15 May 2025 |
Lake Street Eric Martinuzzi | 11%upside $19 | Buy Maintained | 8 May 2025 |
Benchmark Daniel Kurnos | 40%upside $24 | Buy Maintained | 8 May 2025 |
Rosenblatt Barton Crockett | 5%upside $18 | Buy Maintained | 8 May 2025 |
RBC Capital Matthew Swanson | 11%upside $19 | Outperform Maintained | 2 May 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 week 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
Neutral
GlobeNewsWire
1 month ago
Redfin and Magnite Join Forces to Give Advertisers Priority Access to Audience Targeting Across the Homebuying Journey
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage, has selected Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, as its preferred SSP to power data-driven deals. Leveraging Magnite's programmatic technology, Redfin can connect advertisers with exclusive real estate audiences at key moments in their home-buying journey.
Neutral
GlobeNewsWire
1 month ago
Magnite to Participate in Upcoming Financial Conferences
NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate and host in-person investor meetings at the following financial conferences:
Neutral
PRNewsWire
1 month ago
ITN and Magnite Launch First Programmatic Solution for Local Linear TV in the US Market
NEW YORK , May 8, 2025 /PRNewswire/ -- ITN , the leader in automated activation technology for local TV, and Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a breakthrough collaboration to modernize the execution of local TV advertising, enabling advertisers to transact live linear ads from local TV stations programmatically for the first time. The local TV advertising market is expected to reach $21 billion in the US this year.
Neutral
Seeking Alpha
1 month ago
Magnite, Inc. (MGNI) Q1 2025 Earnings Call Transcript
Magnite, Inc. (NASDAQ:MGNI ) Q1 2025 Earnings Conference Call May 7, 2025 4:30 PM ET Company Participants Nick Kormeluk - Head, Investor Relations Michael Barrett - Chief Executive Officer David Day - Chief Financial Officer Conference Call Participants Jason Kreyer - Craig-Hallam Shyam Patil - Susquehanna Daniel Kurnos - The Benchmark Company. Robert Coolbrith - Evercore ISI Matthew Swanson - RBC Capital Markets Eric Martinuzzi - Lake Street Shweta Khajuria - Wolfe Research Operator Good day, and welcome to Magnite Q1 2025 Earnings Conference Call.
Positive
Zacks Investment Research
1 month ago
Magnite (MGNI) Q1 Earnings and Revenues Top Estimates
Magnite (MGNI) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.05 per share a year ago.
Positive
Zacks Investment Research
1 month ago
The Trade Desk vs. Magnite: Which Ad Tech Stock is the Smarter Buy?
MGNI appears to be a better investment option compared to TTD at the moment.
Neutral
GlobeNewsWire
1 month ago
Western Union Media Network Taps Magnite to Expand Advertising Capabilities
NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced an agreement with Western Union to support growth of the financial services company's new Media Network business. In doing so, Magnite will provide Western Union with technology to buy media as an advertiser and monetize its owned media.
Neutral
GlobeNewsWire
2 months ago
Magnite to Announce First Quarter 2025 Financial Results on May 7, 2025
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 2025 after the market close on Wednesday, May 7, 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.
Neutral
GlobeNewsWire
2 months ago
Magnite Successfully Completes Second Term Loan Repricing
Reduces Interest Rate by an Additional 75 Basis Points Over $2.7 M illion in Yearly Interest Payment Savings NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today announced the second successful repricing of its $363 million senior secured term loan facility (Term Loan) due February 2031. The repricing reduces the interest rate by 75 basis points to Term SOFR + 3.00% from the previous rate of Term SOFR + 3.75% and will result in yearly interest savings of over $2.7 million.
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