Magnite Inc

Magnite Inc (MGNI) Stock Analysis

$23.370

-1.059 (-4.53%)At close

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High
24.880
Open
24.640
VWAP
23.82
Volume
1.49M
Mkt Cap
1.80B
Low
23.220
Amount
35.50M
EV/EBITDA, TTM
18.87

Magnite, Inc. is an independent sell-side advertising company. The Company provides technology solutions to automate the purchase and sale of digital advertising inventory. The Company's technology is used by publishers to monetize their content across all screens and formats including CTV, online video, display, and audio. Its platform features 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; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms (DSPs), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. Its SpringServe CTV platform offers CTV sellers a holistic solution.

AI analysis of Magnite Inc (MGNI)

Buy

Magnite Inc appears to be a good buy right now, trading at $23.37 with a forward P/E of 22.17, which is reasonable given its growth potential. The stock has a strong upside potential, with analysts projecting price targets of $38 to $43, indicating a potential upside of 48% to 81%. The main risk is the recent decline of 7.99% over the last five days, which could indicate short-term volatility.

Valuation Metrics

The current forward P/E ratio for Magnite Inc (MGNI) is 22.17, compared to its 5-year average forward P/E of 17.02.

Forward P/E

Overvalued
5Y Average P/E
17.02
Current P/E
22.17
Overvalued
22.02
Undervalued
12.01

Forward EV/EBITDA

Overvalued
5Y Average EV/EBITDA
12.13
Current EV/EBITDA
18.87
Overvalued
17.19
Undervalued
7.06

Forward P/S

Overvalued
5Y Average P/S
2.98
Current P/S
4.19
Overvalued
3.98
Undervalued
1.99

Alphio AI Price Scenarios for MGNI

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%MGNI

$23.62

Scenario price

B

Base

Base · 50%MGNI

$21.07

Scenario price

B

Bear

Bear · 25%MGNI

$19.59

Scenario price

Whales holding MGNI

S

Senvest Management, LLC

+ HoldingMGNI

-0.82%

3M Return

G

Granahan Investment Management, LLC

+ HoldingMGNI

-4.74%

3M Return

Events Timeline

2026-10-14 (ET)

08:30:00

Magnite and LG Ad Solutions Extend Partnership for Three Years

2026-09-23 (ET)

08:30:00

Magnite Becomes Primary Video Ad Server for HP TV+

2026-09-21 (ET)

09:00:00

Magnite Appoints Brian Gephart as CFO

2026-09-09 (ET)

09:30:00

Telly Expands Partnership with Magnite

News

MGNI FAQ — answered by Alphio AI

Magnite, Inc. is an independent sell-side advertising company. The Company provides technology solutions to automate the purchase and sale of digital advertising inventory. The Company's technology is used by publishers to monetize their content across all screens and formats including CTV, online video, display, and audio. Its platform features 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; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms (DSPs), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. Its SpringServe CTV platform offers CTV sellers a holistic solution. It operates in the Consumer Cyclicals sector (SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ET industry).

Magnite Inc appears to be a good buy right now, trading at $23.37 with a forward P/E of 22.17, which is reasonable given its growth potential. The stock has a strong upside potential, with analysts projecting price targets of $38 to $43, indicating a potential upside of 48% to 81%. The main risk is the recent decline of 7.99% over the last five days, which could indicate short-term volatility.

Community

More ↗
orbitkettle5 days ago

$MGNI On Sodor, Gordon likes to brag that he's the strongest engine. He and Thomas the Train often battle for the same commendation. However, Henry the Green Engine actually works the hardest. He just does so less boisterously. Lesson there.

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orbitkettle10/7/2026

$MGNI finally, how to cut out the noise. A weekly chart is attached. Since May, we've simply been riding the upward-trending 10d sma. Quite boring, actually. But lucrative.

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This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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