Profile
Sector:
Communication ServicesIndustry:
Advertising AgenciesCountry:
United StatesIPO:
02 April 2014Website:
http://www.magnite.comNext earnings report:
09 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Tue, 02 Jul 2024 23:48:03 GMTDividend
Analysts recommendations
Institutional Ownership
MGNI Latest News
MILAN, July 03, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced that CairoRCS Media, one of the largest Italian communication groups, is implementing Demand Manager to more effectively monetise their display and video inventory programmatically. Built on Prebid technology, Demand Manager empowers leading publishers with tools and insights to help them grow revenue.
Expanded Partnership Extends Automated Advertising Capability Across Spectrum's Linear and Streaming TV Inventory Expanded Partnership Extends Automated Advertising Capability Across Spectrum's Linear and Streaming TV Inventory
NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced it will power the delivery of advertising on United Airlines' inflight personal device entertainment (PDE) platform. United's PDE platform allows customers to stream entertainment content on their own devices, such as phones, tablets, and laptop computers. The partnership follows the recent launch of Kinective Media by United Airlines, which allows advertisers to reach United travelers and MileagePlus members throughout their travel journeys and beyond.
One analyst is recommending that investors buy Magnite stock in light of the company's recent partnerships. Connected-TV revenue is quickly approaching a majority of its business, and it could carry the stock to further gains as adoption grows.
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Shopsense AI announced today that it is partnering with Magnite to launch programmatic advertising across its retail media platform.
The latest earnings reports from Roku and Alphabet indicate a resurgence in the digital advertising industry, which bodes well for agile ad tech firms such as Magnite and The Trade Desk.
Magnite (MGNI) ended the most recent trading session at $9.97, reflecting a 1.22% increase from the previous day's closing price.
Investors with an interest in Internet - Software stocks have likely encountered both Magnite (MGNI) and Palo Alto Networks (PANW). But which of these two stocks is more attractive to value investors?
Here is how Magnite (MGNI) and Nova Ltd. (NVMI) have performed compared to their sector so far this year.
The average of price targets set by Wall Street analysts indicates a potential upside of 27.5% in Magnite (MGNI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 1(current)
What type of business is Magnite?
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.
What sector is Magnite in?
Magnite is in the Communication Services sector
What industry is Magnite in?
Magnite is in the Advertising Agencies industry
What country is Magnite from?
Magnite is headquartered in United States
When did Magnite go public?
Magnite initial public offering (IPO) was on 02 April 2014
What is Magnite website?
https://www.magnite.com
Is Magnite in the S&P 500?
No, Magnite is not included in the S&P 500 index
Is Magnite in the NASDAQ 100?
No, Magnite is not included in the NASDAQ 100 index
Is Magnite in the Dow Jones?
No, Magnite is not included in the Dow Jones index
When does Magnite report earnings?
The next expected earnings date for Magnite is 09 August 2024