Magnite, Inc. (MGNI)Communication Services | Advertising Agencies | New York, United States | NasdaqGS
24.60 USD
+0.12
(0.490%)
⇧
(Oct. 16, 2026, 10:03 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 10:07 a.m. EDT
The investment case here rests entirely on the company's operational turnaround and the market's willingness to re-rate the stock based on CTV momentum. Fundamentally, the business is showing signs of life with revenue growing at 11.2% and earnings exploding by 65.3%, while the balance sheet remains manageable with a 1.02 current ratio. The price has recovered significantly over the last decade, moving from a multi-year decline to a strong uptick, which validates the improving quality of the business. However, the valuation remains a hurdle. At roughly 23x trailing earnings and nearly 5x sales, the stock is priced for perfection, leaving little room for error if growth slows. The short-term outlook is constructive; the stock is trading above its 50-day average, and the options market is screaming for further gains, though the statistical forecast model offers only a weak lean due to low confidence. The lack of a dividend yield is irrelevant given the growth profile, but it does limit the floor for income investors. This is a speculative growth play on a recovering media ad-tech platform, not a value compounder. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.076197 |
| AutoTheta | 0.095448 |
| AutoETS | 0.202995 |
| MSTL | 0.210251 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 0.57 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.396 |
| Excess Kurtosis | -0.80 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 44.536 |
| Revenue per Share | 5.177 |
| Market Cap | 3,528,234,496 |
| Trailing P/E | 23.65 |
| Forward P/E | 18.61 |
| Beta | 2.32 |
| Profit Margins | 22.49% |
| Website | https://www.magnite.com |
As of Oct. 10, 2026, 10:07 a.m. EDT: Speculators are positioning aggressively for upside, evidenced by heavy open interest in out-of-the-money calls (strikes 30, 33, 35) and a distinct lack of protective put buying relative to call volume. Implied volatility is elevated on deep OTM strikes, suggesting a belief in significant price expansion rather than a crash. The call/put ratio is heavily skewed toward bullish exposure.
| Attribute | Value |
|---|---|
| 52 Week Change | 0.3691275 |
| Address1 | 1,250 Broadway |
| Address2 | 9th Floor |
| All Time High | 64.39 |
| All Time Low | 1.48 |
| Ask | 31.64 |
| Ask Size | 2 |
| Audit Risk | 1 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 1,742,810 |
| Average Daily Volume3 Month | 2,402,851 |
| Average Volume | 2,402,851 |
| Average Volume10Days | 1,742,810 |
| Beta | 2.321 |
| Bid | 17.77 |
| Bid Size | 2 |
| Board Risk | 2 |
| Book Value | 6.53 |
| City | New York |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 24.6 |
| Current Ratio | 1.025 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 24.88 |
| Day Low | 24.485 |
| Debt To Equity | 44.536 |
| Display Name | Magnite |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,822,400 |
| Earnings Call Timestamp Start | 1,793,822,400 |
| Earnings Growth | 0.653 |
| Earnings Quarterly Growth | 0.739 |
| Earnings Timestamp | 1,793,822,400 |
| Earnings Timestamp End | 1,793,822,400 |
| Earnings Timestamp Start | 1,793,822,400 |
| Ebitda | 157,194,000 |
| Ebitda Margins | 0.21184 |
| Enterprise To Ebitda | 22.872 |
| Enterprise To Revenue | 4.845 |
| Enterprise Value | 3,595,386,368 |
| Eps Current Year | 1.103 |
| Eps Forward | 1.322 |
| Eps Trailing Twelve Months | 1.04 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 24.332 |
| Fifty Day Average Change | 0.26799965 |
| Fifty Day Average Change Percent | 0.011014287 |
| Fifty Two Week Change Percent | 36.91275 |
| Fifty Two Week High | 26.84 |
| Fifty Two Week High Change | -2.2399998 |
| Fifty Two Week High Change Percent | -0.083457515 |
| Fifty Two Week Low | 10.82 |
| Fifty Two Week Low Change | 13.780001 |
| Fifty Two Week Low Change Percent | 1.2735676 |
| Fifty Two Week Range | 10.82 - 26.84 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,396,445,400,000 |
| Float Shares | 141,639,960 |
| Forward Eps | 1.322 |
| Forward P E | 18.60817 |
| Free Cashflow | 160,217,744 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 971 |
| Fullday Change | 0.12000084 |
| Fullday Change Percent | 0.49039984 |
| Fullday Price | 24.6 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.64785004 |
| Gross Profits | 480,731,008 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01199 |
| Held Percent Institutions | 1.0056 |
| Implied Shares Outstanding | 143,424,157 |
| Industry | Advertising Agencies |
| Industry Disp | Advertising Agencies |
| Industry Key | advertising-agencies |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Magnite, Inc., together with its subsidiaries, operates an independent omni-channel 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 for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York. |
| Long Name | Magnite, Inc. |
| Market | us_market |
| Market Cap | 3,528,234,496 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_37502896 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 166,888,992 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,452,219,458 |
| Number Of Analyst Opinions | 15 |
| Open | 24.64 |
| Operating Cashflow | 280,940,992 |
| Operating Margins | 0.16192 |
| Overall Risk | 2 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.09 |
| Phone | 212 243 2769 |
| Previous Close | 24.48 |
| Price Eps Current Year | 22.30281 |
| Price Hint | 2 |
| Price To Book | 3.7672281 |
| Price To Sales Trailing12 Months | 4.7547507 |
| Profit Margins | 0.22489999 |
| Quick Ratio | 1.007 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.46667 |
| Region | US |
| Regular Market Change | 0.12000084 |
| Regular Market Change Percent | 0.49039984 |
| Regular Market Day High | 24.88 |
| Regular Market Day Low | 24.485 |
| Regular Market Day Range | 24.485 - 24.88 |
| Regular Market Open | 24.64 |
| Regular Market Previous Close | 24.48 |
| Regular Market Price | 24.6 |
| Regular Market Time | 1,792,159,398 |
| Regular Market Volume | 104,772 |
| Return On Assets | 0.024349999 |
| Return On Equity | 0.19579001 |
| Revenue Growth | 0.112 |
| Revenue Per Share | 5.177 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 143,424,157 |
| Shares Percent Shares Out | 0.0762 |
| Shares Short | 10,926,829 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 10,978,762 |
| Short Name | Magnite, Inc. |
| Short Percent Of Float | 0.0861 |
| Short Ratio | 4.47 |
| Source Interval | 15 |
| State | NY |
| Symbol | MGNI |
| Target High Price | 43.0 |
| Target Low Price | 21.0 |
| Target Mean Price | 29.66667 |
| Target Median Price | 28.0 |
| Total Cash | 332,615,008 |
| Total Cash Per Share | 2.319 |
| Total Debt | 416,977,984 |
| Total Revenue | 742,044,032 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.04 |
| Trailing P E | 23.653847 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 17.2516 |
| Two Hundred Day Average Change | 7.3484 |
| Two Hundred Day Average Change Percent | 0.4259547 |
| Type Disp | Equity |
| Volume | 104,772 |
| Website | https://www.magnite.com |
| Zip | 10,001 |