Magnite, Inc.

Magnite, Inc.

MGNIยทNASDAQ

$14.45

-6.0%
Communication ServicesAdvertising Agencies

Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties, to manage and monetize their inventory; and provides applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory. It markets its technology solutions to buyers and sellers through a sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$2.07B
EPS1.0100
P/E Ratio14.31
Earnings Date08/05/2026
mgni

Magnite, Inc. Street Expectations Map

MGNI ยท NASDAQ

Wall Street analysts project that MGNI stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 19.00, with estimates ranging from a low of 16.00 to a high of 21.00.

Lowest Target
16.00
10.73%
Consensus Target
19.00
31.49%
Highest Target
21.00
45.33%

The consensus 1-year price target stands at 19.00, with estimates ranging from a low of 16.00 to a high of 21.00.

Analyst Consensus Analysis

Upside Potential

+31.5%

Substantial upside potential. Analysts see significant value gap, suggesting the stock may be materially undervalued at current levels.

Analyst Agreement

26.3% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

mgni

Magnite, Inc. Forward Estimates of Revenue

MGNI ยท NASDAQ
Latest Revenue
713.95M
FY 2025
Avg Estimate
741.74M
FY 2026
Estimate Range
734.11M - 757.16M
Analyst Spread

Forward Growth Analysis

Projected Growth+3.9%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

mgni

Magnite, Inc. Forward Estimates of Net Income

MGNI ยท NASDAQ
Latest Net Income
144.61M
FY 2025
Avg Estimate
156.34M
FY 2026
Estimate Range
146.61M - 166.06M
Analyst Spread

Forward Growth Analysis

Projected Growth+8.1%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

mgni

Magnite, Inc. Forward Estimates of EPS

MGNI ยท NASDAQ
Latest EPS
1.01
FY 2025
Avg Estimate
$1.07
FY 2026
Estimate Range
$1.00 - $1.13
Analyst Spread

Forward Growth Analysis

Projected Growth+5.9%

Moderate growth expected, typical for mature businesses with stable market positions.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread12%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

mgni

Magnite, Inc. Forward Estimates of EBIT

MGNI ยท NASDAQ
Latest EBIT
102.28M
FY 2025
Avg Estimate
-93.77M
FY 2026
Estimate Range
-95.72M - -92.81M
Analyst Spread

Forward Growth Analysis

Projected Growth-191.7%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

mgni

Magnite, Inc. Forward Estimates of EBITDA

MGNI ยท NASDAQ
Latest EBITDA
155.95M
FY 2025
Avg Estimate
111.89M
FY 2026
Estimate Range
110.74M - 114.22M
Analyst Spread

Forward Growth Analysis

Projected Growth-28.3%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

mgni

Magnite, Inc. Forward Estimates of SG&A Expense

MGNI ยท NASDAQ
Latest SG&A Expense
264.86M
FY 2025
Avg Estimate
354.56M
FY 2026
Estimate Range
350.91M - 361.93M
Analyst Spread

Forward Growth Analysis

Projected Growth+33.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage8 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread3%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

mgni

Magnite, Inc. Insider Positioning

MGNI ยท NASDAQ

During the last 12 months, insiders have sold $1.82M worth of MGNI shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

10.0K

133.30K

Net Activity

-133K

-$133K

3-6 Months

Bought

0

0.00

Sold

38.2K

541.50K

Net Activity

-542K

-$542K

6-9 Months

Bought

0

0.00

Sold

61.0K

1.15M

Net Activity

-1.1M

-$1.15M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
SAL

Soroca Adam Lee

Officer: Chief Product Officer

49.0K sharesโ€ข3 transactions

$685K

2
CP

Caine Paul

Director

16.3K sharesโ€ข3 transactions

$377K

3
SA

Saltz Aaron

Officer: Chief Legal Officer

14.7K sharesโ€ข2 transactions

$357K

4
SRF

Spillane Robert F

Director

22.5K sharesโ€ข2 transactions

$311K

5
BSP

Buckley Sean Patrick

Officer: President, Revenue

6.6K sharesโ€ข2 transactions

$91K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $1.82M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$133K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.