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Magnite (MGNI) Company Overview

Profile

Full Name:

Magnite, Inc.

Country:

United States

IPO:

April 2, 2014

Indexes:

Not included

Description:

Magnite (MGNI) is a digital advertising technology company that connects advertisers with publishers. It offers a platform for buying and selling online ads, helping businesses reach their target audiences effectively. Magnite focuses on programmatic advertising, making ad transactions more efficient and data-driven.

Key Details

Price

$19.46

Annual Revenue

$619.71 M(+7.39% YoY)

Annual EPS

-$1.17(-19.39% YoY)

PE Ratio

324.33

Annual ROE

-21.32%

Beta

1.74

Events Calendar

Earnings

Next earnings date:

Feb 26, 2025

Recent quarterly earnings:

Nov 7, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Jan 17, 25 Needham
Buy
Jan 16, 25 Wells Fargo
Equal-Weight
Jan 3, 25 Wolfe Research
Outperform
Jan 3, 25 RBC Capital
Outperform
Dec 5, 24 Scotiabank
Sector Outperform
Dec 5, 24 Needham
Buy
Nov 8, 24 Macquarie
Outperform
Oct 28, 24 Wells Fargo
Equal-Weight
Oct 2, 24 Needham
Buy
Oct 2, 24 Benchmark
Buy

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Magnite Partners With Sky New Zealand to Power Programmatic Advertising on Sky Sport Now
Magnite Partners With Sky New Zealand to Power Programmatic Advertising on Sky Sport Now
Magnite Partners With Sky New Zealand to Power Programmatic Advertising on Sky Sport Now
MGNI
globenewswire.comJanuary 28, 2025

AUCKLAND, New Zealand, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, is working with Sky New Zealand to power programmatic advertising on Sky's premium live and on-demand sports streaming platform, Sky Sport Now. Following the recent launch of digital advertising on Sky Sport Now, buyers will have programmatic access to the platform's high-value live sports inventory for the first time through Magnite.

Magnite Strengthens Partnership with Samsung Ads to Power Programmatic Advertising on Samsung TV Plus in Southeast Asia
Magnite Strengthens Partnership with Samsung Ads to Power Programmatic Advertising on Samsung TV Plus in Southeast Asia
Magnite Strengthens Partnership with Samsung Ads to Power Programmatic Advertising on Samsung TV Plus in Southeast Asia
MGNI
globenewswire.comJanuary 14, 2025

Advertisers can now buy Samsung TV Plus inventory programmatically in Singapore, the Philippines, and Thailand through Magnite Advertisers can now buy Samsung TV Plus inventory programmatically in Singapore, the Philippines, and Thailand through Magnite

FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion to Power Video Advertising on FIFA+ and FAST Channels Globally
FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion to Power Video Advertising on FIFA+ and FAST Channels Globally
FIFA+ Selects Magnite as Part of Their Global Programmatic Expansion to Power Video Advertising on FIFA+ and FAST Channels Globally
MGNI
globenewswire.comJanuary 14, 2025

Collaboration comes as FIFA+ continues to revolutionize and democratize the football streaming experience for fans across the globe Collaboration comes as FIFA+ continues to revolutionize and democratize the football streaming experience for fans across the globe

Magnite: Capitalizing On CTV Tailwinds As The Leading SSP
Magnite: Capitalizing On CTV Tailwinds As The Leading SSP
Magnite: Capitalizing On CTV Tailwinds As The Leading SSP
MGNI
seekingalpha.comDecember 23, 2024

Q3 results and guidance were strong, with the company also extending and expanding its deal with Disney. The outlook for next year looks promising, with a significant contribution from Netflix expected, despite the negative impact from lower political spending. Based on my estimates, the stock is valued at 13.5 times next year's FCF.

MGNI or INFA: Which Is the Better Value Stock Right Now?
MGNI or INFA: Which Is the Better Value Stock Right Now?
MGNI or INFA: Which Is the Better Value Stock Right Now?
MGNI
zacks.comDecember 23, 2024

Investors with an interest in Internet - Software stocks have likely encountered both Magnite (MGNI) and Informatica Inc. (INFA). But which of these two companies is the best option for those looking for undervalued stocks?

Magnite to Participate in Needham Annual Growth Conference
Magnite to Participate in Needham Annual Growth Conference
Magnite to Participate in Needham Annual Growth Conference
MGNI
globenewswire.comDecember 17, 2024

NEW YORK, Dec. 17, 2024 (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 27th Annual Growth Conference in New York City on Wednesday, January 15. Company management will participate in a fireside chat at 11:00 a.m ET.

Magnite Promotes Sean Buckley to President, Revenue and Katie Evans to President, Operations
Magnite Promotes Sean Buckley to President, Revenue and Katie Evans to President, Operations
Magnite Promotes Sean Buckley to President, Revenue and Katie Evans to President, Operations
MGNI
globenewswire.comDecember 11, 2024

Promotions to Further Sharpen Company's Strategic Focus, Drive Momentum Promotions to Further Sharpen Company's Strategic Focus, Drive Momentum

Magnite, Inc. (MGNI) Q3 2024 Earnings Call Transcript
Magnite, Inc. (MGNI) Q3 2024 Earnings Call Transcript
Magnite, Inc. (MGNI) Q3 2024 Earnings Call Transcript
MGNI
seekingalpha.comNovember 7, 2024

Magnite, Inc. (NASDAQ:MGNI ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Nick Kormeluk - VP, IR & Head, Global Real Estate Michael Barrett - CEO David Day - CFO Conference Call Participants Laura Martin - Needham and Company Shyam Patil - Susquehanna Jason Kreyer - Craig-Hallum Capital Tim Nollen - Macquarie Omar Dessouky - Bank of America Dan Kurnos - The Benchmark Company Brian Kraska - Wolfe Research Zach Cummins - B. Riley Simran Biswal - RBC Capital Markets Robert Coolbrith - Evercore ISI.

Magnite to Participate in Upcoming Financial Conferences
Magnite to Participate in Upcoming Financial Conferences
Magnite to Participate in Upcoming Financial Conferences
MGNI
globenewswire.comOctober 28, 2024

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate in the following financial conferences:

Disney and Magnite Announce Two-Year Deal Renewal
Disney and Magnite Announce Two-Year Deal Renewal
Disney and Magnite Announce Two-Year Deal Renewal
MGNI
globenewswire.comOctober 23, 2024

Expands scope to include LATAM inventory, podcasts, and live sports in streaming Expands scope to include LATAM inventory, podcasts, and live sports in streaming

FAQ

  • What is the ticker symbol for Magnite?
  • Does Magnite pay dividends?
  • What sector is Magnite in?
  • What industry is Magnite in?
  • What country is Magnite based in?
  • When did Magnite go public?
  • Is Magnite in the S&P 500?
  • Is Magnite in the NASDAQ 100?
  • Is Magnite in the Dow Jones?
  • When was Magnite's last earnings report?
  • When does Magnite report earnings?
  • Should I buy Magnite stock now?

What is the ticker symbol for Magnite?

The ticker symbol for Magnite is NASDAQ:MGNI

Does Magnite pay dividends?

No, Magnite does not pay dividends

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 based in?

Magnite is headquartered in United States

When did Magnite go public?

Magnite's initial public offering (IPO) was on April 2, 2014

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 was Magnite's last earnings report?

Magnite's most recent earnings report was on Nov 7, 2024

When does Magnite report earnings?

The next expected earnings date for Magnite is Feb 26, 2025

Should I buy Magnite stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions