Magnite

MGNI

Market cap $1.97B

NEW YORK, April 15, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a collaboration with AMC Global Media to extend the company's unified linear and streaming offering to buyers programmatically. Enabled by ClearLine, Magnite's activation and curation solution, advertisers will be able to buy AMC's TV content through a single access point.

Investors interested in stocks from the Internet - Software sector have probably already heard of Magnite (MGNI) and Autodesk (ADSK). But which of these two stocks offers value investors a better bang for their buck right now?

NEW YORK, April 06, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 2026 after the market close on Wednesday, May 6, 2026. 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.

The digital ad spending market could roughly triple to about $1.6 trillion in the next decade or so, potentially creating ample new opportunities for companies in this fast-growing space. Indeed, the world of digital advertising that was once dominated by major tech players like Alphabet NASDAQ: GOOG has given way to one in which AI-driven targeting and other innovations have made space for a number of smaller competitors to gain traction.

Magnite Inc. (MGNI) is upgraded to a buy as CTV growth and operational improvements outweigh recent share price declines and sector headwinds. CTV revenue grew 32% to $93.6M, soon to surpass 50% of business, driving profitability and healthy 43% adjusted EBITDA margins. Strong financial position with $553M cash, 5x interest coverage, and capex investments supporting future CTV-driven scalability.

Magnite (MGNI) is rated a buy with a $13.7 price target, reflecting a 14% upside potential. MGNI's CTV segment is its primary growth engine, delivering 32% YoY growth and now comprises over half of total revenue. Financials are improving: FY 2025 contribution ex-TAC grew 10% YoY, aEBITDA rose 18%, and net leverage was reduced to zero.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors interested in stocks from the Internet - Software sector have probably already heard of Magnite (MGNI) and BlackLine (BL). But which of these two stocks is more attractive to value investors?

Investors interested in stocks from the Internet - Software sector have probably already heard of Magnite (MGNI) and Zoom Communications (ZM). But which of these two stocks offers value investors a better bang for their buck right now?

SYDNEY, March 11, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a partnership with NOVA Entertainment to power programmatic across the Nova Retail Network, one of Australia's most innovative in-store audio networks.