Magnite, Inc. (MGNI)Communication Services | Advertising Agencies | New York, United States | NasdaqGS
20.41 USD
+0.07
(0.344%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:20 a.m. EDT
The immediate outlook is defined by a battle between a strong technical rebound and lingering institutional caution. The stock has rallied nearly 30% from its 50-day average, yet the statistical forecast model leans slightly negative due to mean-reversion pressures, creating a tense environment for the next month. While the price action shows resilience, the heavy put volume at the 18-19 level suggests that any pullback will likely find a floor there, preventing a deep crash but also capping immediate explosive upside. The long-term picture is mixed; despite a +61% gain over the last nine years and a recent surge in valuation, the business lacks the consistent multi-year growth trajectory required to justify a top-tier 'buy' rating. The lack of a dividend and the presence of insider selling further dampen the case for a high-conviction hold, leaving the investment thesis dependent on the execution of the CTV momentum strategy rather than established fundamentals. |
| Model | MAE |
|---|---|
| MSTL_126 ✓ | 0.107179 |
| MSTL | 0.197497 |
| AutoARIMA | 0.198076 |
| AutoETS | 0.198079 |
| AutoTheta | 0.198132 |
Forecast horizon: 60 days | Selected: MSTL_126
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 2.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.402 |
| Excess Kurtosis | -0.67 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 46.809 |
| Revenue per Share | 5.053 |
| Market Cap | 2,923,018,240 |
| Trailing P/E | 19.44 |
| Forward P/E | 16.51 |
| Beta | 2.25 |
| Profit Margins | 21.96% |
| Website | https://www.magnite.com |
As of July 11, 2026, 4:20 a.m. EDT: Speculators are positioning for a volatile range-bound outcome rather than a decisive breakout. Call volume is heavily skewed toward out-of-the-money strikes (25 and 30) for later expirations, suggesting a bullish bias for a 20-30% upside move. However, put volume is significantly higher in the near term (July/August), with massive open interest at the 18 and 19 strikes acting as a defensive wall. This indicates traders are hedging against a drop back to the 17-18 range while simultaneously betting on a recovery above 22-25.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.13333333 |
| Address1 | 1,250 Broadway |
| Address2 | 9th Floor |
| All Time High | 64.39 |
| All Time Low | 1.48 |
| Ask | 25.93 |
| Ask Size | 2 |
| Audit Risk | 1 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 2,867,020 |
| Average Daily Volume3 Month | 2,941,711 |
| Average Volume | 2,941,711 |
| Average Volume10Days | 2,867,020 |
| Beta | 2.245 |
| Bid | 15.07 |
| Bid Size | 2 |
| Board Risk | 2 |
| Book Value | 6.405 |
| City | New York |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 20.41 |
| Current Ratio | 1.016 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 21.01 |
| Day Low | 20.25 |
| Debt To Equity | 46.809 |
| Display Name | Magnite |
| Earnings Call Timestamp End | 1,785,960,000 |
| Earnings Call Timestamp Start | 1,785,960,000 |
| Earnings Timestamp | 1,785,960,000 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 145,586,000 |
| Ebitda Margins | 0.20149 |
| Enterprise To Ebitda | 21.761 |
| Enterprise To Revenue | 4.385 |
| Enterprise Value | 3,168,037,120 |
| Eps Current Year | 1.10556 |
| Eps Forward | 1.236 |
| Eps Trailing Twelve Months | 1.05 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.9718 |
| Fifty Day Average Change | 4.4382 |
| Fifty Day Average Change Percent | 0.27787727 |
| Fifty Two Week Change Percent | -13.333332 |
| Fifty Two Week High | 26.65 |
| Fifty Two Week High Change | -6.24 |
| Fifty Two Week High Change Percent | -0.23414634 |
| Fifty Two Week Low | 10.82 |
| Fifty Two Week Low Change | 9.59 |
| Fifty Two Week Low Change Percent | 0.88632166 |
| Fifty Two Week Range | 10.82 - 26.65 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,396,445,400,000 |
| Float Shares | 141,148,411 |
| Forward Eps | 1.236 |
| Forward P E | 16.512945 |
| Free Cashflow | 1,524,250 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 971 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.63431 |
| Gross Profits | 458,324,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0130900005 |
| Held Percent Institutions | 0.93816 |
| Implied Shares Outstanding | 143,215,003 |
| 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 | 2,923,018,240 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_37502896 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | 158,659,008 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 2,923,018,211 |
| Number Of Analyst Opinions | 15 |
| Open | 20.3754 |
| Operating Cashflow | 112,841,000 |
| Operating Margins | 0.04696 |
| Overall Risk | 2 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.09 |
| Phone | 212 243 2769 |
| Pre Market Change | -0.11000061 |
| Pre Market Change Percent | -0.5389545 |
| Pre Market Price | 20.3 |
| Pre Market Time | 1,784,027,745 |
| Previous Close | 20.34 |
| Price Eps Current Year | 18.461233 |
| Price Hint | 2 |
| Price To Book | 3.1865728 |
| Price To Sales Trailing12 Months | 4.045403 |
| Profit Margins | 0.21958 |
| Quick Ratio | 0.997 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.46667 |
| Region | US |
| Regular Market Change | 0.0699997 |
| Regular Market Change Percent | 0.344148 |
| Regular Market Day High | 21.01 |
| Regular Market Day Low | 20.25 |
| Regular Market Day Range | 20.25 - 21.01 |
| Regular Market Open | 20.3754 |
| Regular Market Previous Close | 20.34 |
| Regular Market Price | 20.41 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 1,356,713 |
| Return On Assets | 0.023759998 |
| Return On Equity | 0.19118999 |
| Revenue Growth | 0.055 |
| Revenue Per Share | 5.053 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 143,215,003 |
| Shares Percent Shares Out | 0.1027 |
| Shares Short | 14,712,876 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 12,137,723 |
| Short Name | Magnite, Inc. |
| Short Percent Of Float | 0.1161 |
| Short Ratio | 4.22 |
| Source Interval | 15 |
| State | NY |
| Symbol | MGNI |
| Target High Price | 38.0 |
| Target Low Price | 15.0 |
| Target Mean Price | 22.0 |
| Target Median Price | 21.0 |
| Total Cash | 184,648,000 |
| Total Cash Per Share | 1.289 |
| Total Debt | 429,667,008 |
| Total Revenue | 722,553,024 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 1.05 |
| Trailing P E | 19.438095 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 15.22 |
| Two Hundred Day Average Change | 5.1899996 |
| Two Hundred Day Average Change Percent | 0.34099865 |
| Type Disp | Equity |
| Volume | 1,356,713 |
| Website | https://www.magnite.com |
| Zip | 10,001 |