Magnite, Inc.

Market Summary

USD8.46+0.28

Market Closed

3.42%

MGNI Alerts

1 major insider sales recently.
Losses in recent quarter

MGNI Stock Price

View Fullscreen

MGNI RSI Chart

MGNI Alerts

1 major insider sales recently.
Losses in recent quarter

MGNI Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

-5.15

Price/Sales (Trailing)

1.92

EV/EBITDA

21.45

Price/Free Cashflow

6.34

MGNI Price/Sales (Trailing)

MGNI Profitability

Operating Margin

28.02%

EBT Margin

-37.79%

Return on Equity

-34.73%

Return on Assets

-9.26%

Free Cashflow Yield

15.78%

MGNI Fundamentals

MGNI Revenue

Revenue (TTM)

608.2M

Revenue Y/Y

2.93%

Revenue Q/Q

-1.61%

MGNI Earnings

Earnings (TTM)

-226.5M

Earnings Y/Y

28.35%

Earnings Q/Q

76.35%

Price Action

Last 7 days

0.8%

Last 30 days

15.1%

Last 90 days

5.2%

Trailing 12 Months

-27.6%

How does MGNI drawdown profile look like?

MGNI Financial Health

Current Ratio

1.12

MGNI Investor Care

Shares Dilution (1Y)

3.35%

Diluted EPS (TTM)

-1.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	589.1M	603.9M	608.2M	0
2022	525.8M	549.0M	563.0M	577.1M
2021	246.0M	318.2M	389.1M	468.4M
2020	160.3M	164.8M	188.1M	221.6M
2019	132.2M	141.4M	149.4M	156.4M
2018	134.4M	120.1M	114.7M	124.7M
2017	255.0M	227.4M	196.8M	155.5M
2016	280.5M	298.0M	299.6M	278.2M
2015	139.5M	164.2M	196.3M	248.5M
2014	90.2M	99.5M	111.6M	125.3M
2013	63.8M	70.5M	77.1M	83.8M
2012	0	0	0	57.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for MGNI

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 15, 2023	barrett michael g.	sold (taxes)	-89,646	7.89	-11,362	ceo
Nov 15, 2023	day david	sold (taxes)	-69,171	7.89	-8,767	chief financial officer
Nov 15, 2023	evans katie seitz	sold (taxes)	-53,652	7.89	-6,800	chief operating officer
Nov 15, 2023	buckley sean patrick	sold (taxes)	-40,065	7.89	-5,078	chief revenue officer
Nov 15, 2023	buonasera david	sold (taxes)	-13,136	7.89	-1,665	chief technology officer
Nov 15, 2023	soroca adam lee	sold (taxes)	-51,876	7.89	-6,575	chief product officer
Nov 15, 2023	saltz aaron	sold (taxes)	-27,346	7.89	-3,466	chief legal officer
Nov 15, 2023	barrett michael g.	sold	-585,000	7.8	-75,000	ceo
Nov 15, 2023	gephart brian	sold (taxes)	-8,679	7.89	-1,100	chief accounting officer
Sep 06, 2023	buonasera david	sold	-46,709	8.58	-5,444	chief technology officer

Which funds bought or sold MGNI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Dec 06, 2023	VisionPoint Advisory Group, LLC	unchanged	-	-611	754	-%
Dec 06, 2023	CITIGROUP INC	reduced	-39.87	-1,842,930	916,660	-%
Dec 04, 2023	TUCKER ASSET MANAGEMENT LLC	sold off	-100	-4,027	-	-%
Nov 24, 2023	DEUTSCHE BANK AG\	reduced	-14.37	-1,000,420	897,863	-%
Nov 22, 2023	CANNELL CAPITAL LLC	sold off	-100	-8,823,420	-	-%
Nov 21, 2023	COMERICA BANK	added	-	6,138	6,138	-%
Nov 21, 2023	Walleye Capital LLC	new	-	190,038	190,038	-%
Nov 16, 2023	Creative Planning	new	-	44,223	44,223	-%
Nov 16, 2023	CM WEALTH ADVISORS LLC	sold off	-100	-230,420	-	-%
Nov 16, 2023	Orion Capital Management LLC	new	-	3,770	3,770	-%

Latest Funds Activity

Are funds buying MGNI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MGNI

No. of Funds

Schedule 13G FIlings of Magnite, Inc.

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jul 14, 2023	edenbrook capital, llc	4.13%	5,601,473	SC 13D/A
Feb 14, 2023	granahan investment management, llc	7.81%	10,419,013	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	9.32%	12,436,899	SC 13G/A
Feb 01, 2023	blackrock inc.	6.7%	8,905,372	SC 13G/A
Nov 10, 2022	edenbrook capital, llc	5.17%	6,893,079	SC 13D
Feb 14, 2022	granahan investment management, llc	6.44%	8,482,357	SC 13G
Feb 09, 2022	fmr llc	-	0	SC 13G
Feb 03, 2022	blackrock inc.	6.3%	8,309,705	SC 13G/A
May 21, 2021	rtl group gmbh	9.6%	0	SC 13G/A

Recent SEC filings of Magnite, Inc.

View All Filings

Date Filed	Form Type	Document
Nov 21, 2023	144	Notice of Insider Sale Intent
Nov 17, 2023	4	Insider Trading
Nov 17, 2023	4	Insider Trading
Nov 17, 2023	4	Insider Trading
Nov 17, 2023	4	Insider Trading
Nov 17, 2023	4	Insider Trading
Nov 17, 2023	4	Insider Trading
Nov 17, 2023	4	Insider Trading
Nov 17, 2023	4	Insider Trading
Nov 08, 2023	8-K	Current Report

MGNI Fair Value

Peers (Alternatives to Magnite, Inc.)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
OMC	16.2B	14.5B	8.26%	8.35%	11.63	1.12	1.56%	7.11%
IPG	12.0B	10.9B	7.76%	-2.86%	12.85	1.1	-0.20%	-6.64%
MID-CAP
ZD	2.9B	1.4B	3.71%	-27.29%	63.85	2.12	-2.29%	-87.23%
SMALL-CAP
CMPR	2.0B	3.1B	19.07%	169.32%	-12.85	0.64	6.82%	-113.46%
CRTO	1.6B	1.9B	7.56%	-6.50%	226.67	0.82	-7.52%	-89.56%
CDLX	294.4M	302.5M	-38.48%	65.82%	-0.71	0.97	-1.16%	-317.07%
DLPN	25.6M	42.2M	15.38%	-22.75%	-1.47	0.61	5.93%	-214.50%
CNET	6.9M	29.7M	-4.95%	29.75%	-0.7	0.23	-13.28%	-345.21%

Magnite, Inc. News

Latest updates

Stocks Register • 09 Dec 2023 • 01:02 pm • 10 hours ago

Magnite Inc (MGNI) Volatility Hits 3.71%: How An Investor Should ...

Knox Daily • 07 Dec 2023 • 07:27 pm • 2 days ago

MGNI price target predicted to rise nearly $12.65 in 12 months ...

Marketscreener.com • 29 Nov 2023 • 04:00 am • 10 days ago

Magnite Research Highlights Opportunity for Brands Amidst Growth ...

SETE News • 27 Nov 2023 • 04:08 pm • 12 days ago

You might want to take a look at Magnite Inc (MGNI) now

Defense World • 18 Nov 2023 • 08:00 am • 21 days ago

Magnite, Inc. (NASDAQ:MGNI) Given Consensus Rating of ...

Yahoo Finance • 17 Nov 2023 • 08:00 am • 22 days ago

Insider Sell: CEO Michael Barrett Sells 75,000 Shares of Magnite Inc ...

Yahoo Finance • 12 Nov 2023 • 08:00 am • 27 days ago

Magnite, Inc. (NASDAQ:MGNI) Shares Could Be 46% Below Their ...

Yahoo Finance • 09 Nov 2023 • 08:00 am • 30 days ago

Magnite, Inc. (NASDAQ:MGNI) Q3 2023 Earnings Call Transcript

Yahoo Finance • 06 Nov 2023 • 08:00 am • 33 days ago

Magnite to Participate in Upcoming Financial Conferences

Yahoo Finance • 06 Nov 2023 • 08:00 am • 33 days ago

Will Stagwell (STGW) Benefit from a Pickup in Advertising Spend?

Simply Wall St • 03 Nov 2023 • 07:00 am • 36 days ago

Would Magnite (NASDAQ:MGNI) Be Better Off With Less Debt?

Marketscreener NL • 02 Nov 2023 • 12:04 pm • 37 days ago

Magnite, Inc. : RBC Capital Markets handhaaft koopadvies -02 ...

Yahoo Finance • 25 Oct 2023 • 07:00 am • 45 days ago

Here's Why Magnite (MGNI) Declined in Q3

Nasdaq • 06 Oct 2023 • 07:00 am • 2 months ago

Magnite (MGNI) Reveals ML-Powered Feature for Demand Manager

Yahoo Finance • 04 Oct 2023 • 07:00 am • 2 months ago

Investing in Magnite (NASDAQ:MGNI) five years ago would have ...

Financials for Magnite, Inc.

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	-1.6%	150,085,000	152,543,000	130,150,000	175,399,000	145,815,000	137,780,000	118,075,000	161,286,000	131,871,000	114,541,000	60,715,000	82,003,000	60,982,000	42,348,000	36,295,000	48,486,000	37,642,000	37,870,000	32,416,000	41,432,000	29,729,000
Cost Of Revenue	-100.0%	-	130,175,000	124,828,000	111,015,000	71,753,000	65,001,000	59,396,000	66,839,000	63,541,000	50,526,000	20,756,000	21,168,000	21,031,000	21,545,000	14,003,000	13,321,000	13,869,000	15,085,000	15,116,000	15,489,000	14,687,000
Costs and Expenses	-25.1%	167,928,000	224,338,000	230,645,000	203,941,000	166,970,000	161,043,000	157,899,000	157,651,000	155,819,000	161,522,000	74,491,000	74,008,000	71,922,000	82,910,000	47,022,000	47,500,000	44,323,000	46,470,000	45,704,000	43,915,000	43,995,000
S&GA Expenses	-15.3%	38,227,000	45,131,000	53,049,000	48,406,000	49,848,000	51,827,000	50,000,000	52,284,000	52,260,000	43,273,000	22,589,000	22,971,000	21,761,000	20,029,000	11,269,000	11,414,000	11,040,000	11,519,000	10,592,000	10,510,000	10,654,000
R&D Expenses	0.7%	23,537,000	23,383,000	24,215,000	22,543,000	25,134,000	23,037,000	23,043,000	21,013,000	21,059,000	18,111,000	14,266,000	14,228,000	13,562,000	13,063,000	10,693,000	10,402,000	10,293,000	9,839,000	9,716,000	8,825,000	9,299,000
EBITDA Margin	-3.1%	0.07	0.07	0.08	0.09	0.11	0.11	0.05	0.07	0.03	0.01	-0.01	-0.02	-0.08	-0.10	0.05	-	-	-	-	-	-
Interest Expenses	100.0%	-	-8,520,000	-8,175,000	-7,987,000	-7,016,000	-7,146,000	-7,111,000	-7,253,000	-7,280,000	-5,172,000	-143,000	-62,000	-30,000	-2,000	144,000	164,000	218,000	214,000	193,000	211,000	232,000
Income Taxes	-238.1%	-967,000	700,000	-309,000	-2,754,500	-435,000	-104,000	-2,000,000	-2,838,500	-4,700,000	-87,695,000	166,000	160,000	446,000	300,000	-200,000	-943,000	55,000	84,000	-708,000	124,000	84,000
Earnings Before Taxes	74.8%	-18,444,000	-73,226,000	-99,041,000	-39,115,000	-24,826,000	-25,058,000	-46,598,000	-2,363,000	-29,027,000	-50,887,000	-12,711,000	6,046,000	-10,069,000	-38,840,000	-9,876,000	580,000	-6,119,000	-8,197,000	-13,254,000	-2,106,000	-13,708,000
EBT Margin	3.4%	-0.38	-0.39	-0.32	-0.23	-0.18	-0.19	-0.25	-0.20	-0.22	-0.21	-0.23	-0.24	-0.31	-0.33	-0.15	-	-	-	-	-	-
Net Income	76.3%	-17,477,000	-73,889,000	-98,732,000	-36,385,000	-24,391,000	-24,954,000	-44,593,000	453,000	-24,319,000	36,808,000	-12,877,000	5,886,000	-10,515,000	-39,128,000	-9,675,000	1,523,000	-6,174,000	-8,281,000	-12,546,000	-2,230,000	-13,792,000
Net Income Margin	3.6%	-0.37	-0.39	-0.31	-0.23	-0.17	-0.17	-0.06	0.00	0.01	0.06	-0.23	-0.24	-0.31	-0.32	-0.14	-	-	-	-	-	-
Free Cashflow	18.0%	77,654,000	65,786,000	-35,297,000	75,894,000	30,542,000	40,851,000	14,448,000	64,877,000	27,543,000	19,015,000	-2,543,000	1,892,000	-3,333,000	-17,409,000	-7,507,000	-	-	-	-	-	-

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	1.5%	2,445	2,408	2,430	2,712	2,529	2,622	2,522	2,713	2,533	2,541	1,215	939	866	757	314	395	335	335	311	360	321
Current Assets	6.0%	1,269	1,197	1,137	1,326	1,079	1,142	1,010	1,178	974	1,004	888	607	530	410	237	313	263	270	244	301	261
Cash Equivalents	16.6%	311	266	237	326	254	233	205	231	188	193	469	118	104	107	71.00	89.00	85.00	86.00	81.00	80.00	82.00
Net PPE	-0.4%	46.00	46.00	46.00	45.00	45.00	38.00	35.00	34.00	33.00	34.00	28.00	24.00	19.00	20.00	22.00	24.00	24.00	24.00	28.00	33.00	34.00
Goodwill	0.0%	978	978	978	978	978	978	978	970	973	24.00	158	158	158	158	151	7.00	-	-	-	-	-
Liabilities	2.1%	1,793	1,755	1,725	1,921	1,719	1,801	1,685	1,832	1,656	1,654	872	557	510	400	216	283	231	229	203	242	203
Current Liabilities	7.3%	1,131	1,054	982	1,125	919	1,002	887	1,029	859	874	449	522	474	362	202	267	215	221	195	241	202
LT Debt, Non Current	-5.3%	602	635	674	723	722	721	721	720	719	719	389	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-0.1%	652	653	705	791	811	821	838	881	877	888	342	382	356	357	98.00	112	104	106	108	118	118
Retained Earnings	-2.5%	-714	-697	-623	-524	-488	-464	-439	-394	-394	-370	-407	-394	-400	-389	-350	-341	-342	-336	-328	-315	-313
Additional Paid-In Capital	1.3%	1,371	1,353	1,332	1,319	1,304	1,289	1,278	1,283	1,273	1,259	751	777	759	750	450	453	447	442	437	434	431
Shares Outstanding	0.7%	138	137	135	134	133	132	132	132	132	126	115	114	110	109	55.00	54.00	52.00	52.00	52.00	50.00	51.00

Cashflow (Last 12 Months)
(In Millions)

Cashflow (Quarterly)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	10.7%	82,059,000	74,116,000	-30,893,000	88,705,000	39,893,000	42,320,000	21,632,000	68,589,000	30,589,000	28,637,000	-1,226,000	11,973,000	-2,542,000	-16,263,000	-5,233,000	22,175,000	4,275,000	8,985,000	-3,452,000	-134,000	-1,462,000
Share Based Compensation	-6.6%	17,468,000	18,707,000	19,287,000	13,925,000	17,402,000	16,202,000	16,589,000	12,214,000	11,824,000	9,704,000	6,993,000	7,193,000	7,350,000	9,891,000	4,057,000	4,948,000	4,713,000	4,795,000	4,369,000	3,266,000	3,860,000
Cashflow From Investing	38.5%	-6,805,000	-11,067,000	-7,467,000	-15,216,000	-13,193,000	-5,422,000	-31,321,000	-15,427,000	-35,479,000	-636,819,000	-3,272,000	-10,854,000	-2,967,000	51,068,000	-4,611,000	-19,283,000	-5,233,000	-4,132,000	5,260,000	-897,000	11,632,000
Cashflow From Financing	7.8%	-30,644,000	-33,228,000	-51,809,000	-1,851,000	-4,753,000	-7,180,000	-16,388,000	-10,810,000	582,000	332,654,000	355,627,000	10,634,000	1,562,000	2,620,000	-7,462,000	636,000	146,000	597,000	-1,584,000	-809,000	-
Buy Backs	-	-	-	-	-	7,831,500	-	-	6,007,000	-	-	-	-	-	-	-	-	-	-	-	-	-

MGNI Income Statement

2023-09-30

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Revenue	$ 150,085	$ 145,815	$ 432,778	$ 401,670
Cost of revenue	84,878	71,753	339,881	196,150
Expenses:
Sales and marketing	38,227	49,848	136,407	151,675
Technology and development	23,537	25,134	71,135	71,214
General and administrative	21,286	20,235	68,023	59,405
Merger, acquisition, and restructuring costs	0	0	7,465	7,468
Total expenses	167,928	166,970	622,911	485,912
Loss from operations	(17,843)	(21,155)	(190,133)	(84,242)
Other (income) expense:
Interest expense, net	7,574	7,016	24,269	21,273
Foreign exchange gain, net	(1,471)	(1,976)	(1,542)	(5,042)
Gain on extinguishment of debt	(4,156)	0	(18,132)	0
Other income	(1,346)	(1,369)	(4,017)	(3,991)
Total other expense, net	601	3,671	578	12,240
Loss before income taxes	(18,444)	(24,826)	(190,711)	(96,482)
Benefit for income taxes	(967)	(435)	(613)	(2,544)
Net loss	$ (17,477)	$ (24,391)	$ (190,098)	$ (93,938)
Net loss per share:
Basic (in dollars per share)	$ (0.13)	$ (0.18)	$ (1.40)	$ (0.71)
Diluted (in dollars per share)	$ (0.13)	$ (0.18)	$ (1.40)	$ (0.71)
Weighted average shares used to compute net loss per share:
Basic (in shares)	137,372	133,144	136,084	132,611
Diluted (in shares)	137,372	133,144	136,084	132,611

MGNI Balance Sheet

2023-09-30

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 310,509	$ 326,254
Accounts receivable, net	937,218	976,506
Prepaid expenses and other current assets	21,453	23,501
TOTAL CURRENT ASSETS	1,269,180	1,326,261
Property and equipment, net	46,112	44,969
Right-of-use lease asset	64,551	78,211
Internal use software development costs, net	21,630	23,671
Intangible assets, net	58,633	253,501
Goodwill	978,217	978,217
Other assets, non-current	6,686	7,383
TOTAL ASSETS	2,445,009	2,712,213
Current liabilities:
Accounts payable and accrued expenses	1,100,752	1,094,321
Lease liabilities, current	20,913	21,172
Debt, current	3,600	3,600
Other current liabilities	5,799	5,939
TOTAL CURRENT LIABILITIES	1,131,064	1,125,032
Debt, non-current, net of debt issuance costs	601,609	722,757
Lease liabilities, non-current	54,025	66,331
Deferred tax liability, net	4,400	5,072
Other liabilities, non-current	1,801	1,723
TOTAL LIABILITIES	1,792,899	1,920,915
Commitments and contingencies (Note 12)
STOCKHOLDERS' EQUITY
Preferred stock, $0.00001 par value, 10,000 shares authorized at September 30, 2023 and December 31, 2022; 0 shares issued and outstanding at September 30, 2023 and December 31, 2022	0	0
Common stock, $0.00001 par value; 500,000 shares authorized at September 30, 2023 and December 31, 2022; 137,821 and 134,006 shares issued and outstanding at September 30, 2023 and December 31, 2022	2	2
Additional paid-in capital	1,370,619	1,319,221
Accumulated other comprehensive loss	(3,639)	(3,151)
Accumulated deficit	(714,872)	(524,774)
TOTAL STOCKHOLDERS' EQUITY	652,110	791,298
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 2,445,009	$ 2,712,213

About Magnite, Inc.

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.

CEO	Mr. Michael G. Barrett
WEBSITE	www.magnite.com
EMPLOYEES	947

Magnite, Inc. Frequently Asked Questions

What is the ticker symbol for Magnite, Inc.? What does MGNI stand for in stocks?

MGNI is the stock ticker symbol of Magnite, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Magnite, Inc. (MGNI)?

As of Fri Dec 08 2023, market cap of Magnite, Inc. is 1.17 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MGNI stock?

You can check MGNI's fair value in chart. The fair value of Magnite, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Magnite, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MGNI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Magnite, Inc. a good stock to buy?

The fair value guage provides a quick view whether MGNI is over valued or under valued. Whether Magnite, Inc. is cheap or expensive depends on the assumptions which impact Magnite, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MGNI.

What is Magnite, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, MGNI's PE ratio (Price to Earnings) is -5.15 and Price to Sales (PS) ratio is 1.92. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MGNI PE ratio will change depending on the future growth rate expectations of investors.

Market Summary

MGNI Alerts

MGNI Stock Price

MGNI RSI Chart

MGNI Alerts

MGNI Valuation

MGNI Price/Sales (Trailing)

MGNI Profitability

MGNI Fundamentals

MGNI Revenue

MGNI Earnings

Price Action

How does MGNI drawdown profile look like?

MGNI Financial Health

MGNI Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for MGNI

Which funds bought or sold MGNI recently?

Latest Funds Activity

Schedule 13G FIlings of Magnite, Inc.

Recent SEC filings of Magnite, Inc.

MGNI Fair Value

Peers (Alternatives to Magnite, Inc.)

Magnite, Inc. News

Financials for Magnite, Inc.

Income Statement (Last 12 Months)

Balance Sheet.css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Cashflow (Last 12 Months)(In Millions)

MGNI Income Statement

MGNI Balance Sheet

About Magnite, Inc.

Magnite, Inc. Frequently Asked Questions

What is the ticker symbol for Magnite, Inc.? What does MGNI stand for in stocks?

What is the market capital of Magnite, Inc. (MGNI)?

What is the fair value of MGNI stock?

Is Magnite, Inc. a good stock to buy?

What is Magnite, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)