Magnite

MGNI

Market cap $2.14B

Players get unlimited, subscription-free gaming—brands get smarter, more engaging ways to connect with them across Smart TVs     STAMFORD, Conn., Jan. 6, 2026 /PRNewswire/ -- PHȲND, the global cloud gaming platform making high-quality games instantly accessible on Smart TVs, today announced Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, as its ad tech monetization launch partner.

Texas-based Kopion Asset Management increased its stake in Magnite by 367,858 shares during the fourth quarter; the estimated trade value was $6.11 million based on quarterly average pricing. The quarter-end position value rose by $4.60 million, reflecting both new purchases and stock price movements.

NEW YORK, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will host in-person investor meetings at the Needham 28th Annual Growth Conference in New York City on Wednesday, January 14. Company management will participate in a fireside chat at 12:45 p.m.

Magnite delivered robust Q3 2025 results, with 11% revenue growth to $179.5M, beating estimates and exceeding guidance across key segments. MGNI's CTV and DTV segments saw strong momentum, driven by major partnerships with Netflix, Roku, Spotify, and others, supporting ongoing double-digit growth. AI integration and platform efficiencies are expected to drive margin expansion, with 2026 EPS growth forecast at 19.2%.

Magnite earns a buy rating, offering an attractive entry to ad tech with asymmetric risk/reward and discounted valuation metrics. MGNI's CTV segment posted 25% YoY growth (ex-TAC and political), driving margin expansion and positioning as a key infrastructure provider for streaming giants. Three growth drivers—Netflix monetization, resilience to SPO threats, and a low 0.66 PEG ratio—set MGNI up for 2026 outperformance.

Robert F Spillane, a member of Magnite's Board of Directors, sold 12,500 shares in the company on Nov. 21, 2025. The transaction was valued at approximately $177,750.

Sold 260,735 shares, net position change of $6,288,928 Post-trade stake: zero shares, $0 reported value The position previously accounted for 3% of the fund's AUM as of the prior quarter

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Magnite beat estimates on the top and bottom line, but expects slowing growth in the fourth quarter. Its digital video business may be running into macro headwinds.

Magnite, Inc. ( MGNI ) Q3 2025 Earnings Call November 5, 2025 4:30 PM EST Company Participants Nick Kormeluk - VP of Investor Relations & Head of Global Real Estate Michael Barrett - CEO & Director David Day - Chief Financial Officer Sean Buckley - President of Revenue Conference Call Participants Shyam Patil - Susquehanna Financial Group, LLLP, Research Division Daniel Kurnos - The Benchmark Company, LLC, Research Division Jason Kreyer - Craig-Hallum Capital Group LLC, Research Division Shweta Khajuria - Wolfe Research, LLC Laura Martin - Needham & Company, LLC, Research Division Barton Crockett - Rosenblatt Securities Inc., Research Division Zach Cummins - B. Riley Securities, Inc., Research Division Robert Coolbrith - Evercore ISI Institutional Equities, Research Division Presentation Operator Good day, and welcome to the Magnite Q3 2025 Earnings Conference Call.