$23.13
-0.49
(-2.07%)
As of Oct 22, 2026, 9:33 PM EDT · cached
Price history
Today's analyst average
Analyst average over timeIndividual analyst targets
Analyst history starts Sep 30, 2026, the first target we tracked for MGNI.
Magnite Inc (MGNI) is trading down at $23.13 (-2.07%), as of the latest quote. It is a Russell 2000 constituent in the Communication sector.
Analyst price targets on MGNI
One firm's current price target on Magnite Inc: $38 — 64% above the current $23.1. Each is tracked to its date and scored the same way a member's call is.
- Bank of America $25.7 → $38 by Sep 2027 Sep 30, 2026 via Stocktwits · Bank of America's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Magnite Inc revenue & net income history (FY2016–FY2025)
RevenueNet incomeNet margin (right axis, %)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $278.2M | $155.5M | $124.7M | $156.4M | $221.6M | $468.4M | $577.1M | $619.7M | $668.2M | $714.0M |
| Growth (year over year) | +12.0% | −44.1% | −19.8% | +25.4% | +41.7% | +111.4% | +23.2% | +7.4% | +7.8% | +6.9% |
| Gross profit | $205.0M | $98.7M | $64.7M | $99.0M | $143.9M | $266.8M | $269.9M | $209.8M | $409.3M | $447.3M |
| Gross margin | 73.7% | 63.5% | 51.9% | 63.3% | 64.9% | 56.9% | 46.8% | 33.9% | 61.3% | 62.7% |
| Operating income | −$24.9M | −$157.0M | −$63.6M | −$27.6M | −$54.2M | −$81.1M | −$112.8M | −$155.0M | $51.1M | $97.6M |
| Operating margin | −8.9% | −100.9% | −51.0% | −17.6% | −24.5% | −17.3% | −19.5% | −25.0% | 7.6% | 13.7% |
| Net income | −$18.1M | −$154.8M | −$61.8M | −$25.5M | −$53.4M | $65.0K | −$130.3M | −$159.2M | $22.8M | $144.6M |
| Net margin | −6.5% | −99.5% | −49.6% | −16.3% | −24.1% | 0.0% | −22.6% | −25.7% | 3.4% | 20.3% |
| EPS (diluted) | −$0.39 | −$3.17 | −$1.23 | −$0.48 | −$0.55 | $0.00 | −$0.98 | −$1.17 | $0.16 | $0.95 |
| Balance sheet | ||||||||||
| Cash and equivalents | $149.4M | $76.6M | $80.5M | $88.9M | $117.7M | $230.4M | $326.3M | $326.2M | $483.2M | $553.4M |
| Total assets | $519.8M | $383.6M | $360.0M | $395.1M | $939.0M | $2.71B | $2.71B | $2.69B | $2.85B | $3.16B |
| Total liabilities | $220.3M | $219.0M | $242.0M | $283.2M | $557.3M | $1.83B | $1.92B | $1.99B | $2.09B | $2.24B |
| Long-term debt | — | — | — | — | $0 | $720.0M | $722.8M | $533.0M | $550.1M | $347.7M |
| Shareholders' equity | $299.5M | $164.6M | $118.0M | $111.9M | $381.6M | $880.8M | $791.3M | $701.7M | $768.2M | $922.4M |
| Cash flow | ||||||||||
| Operating cash flow | $60.1M | $21.5M | −$22.7M | $32.0M | −$12.1M | $126.6M | $192.6M | $214.4M | $235.2M | $236.2M |
| Capital expenditure | $23.5M | $32.4M | $11.4M | $11.4M | $14.3M | $17.7M | $30.8M | $26.8M | $32.8M | $70.5M |
| Free cash flow | $36.6M | −$10.9M | −$34.1M | $20.6M | −$26.4M | $108.9M | $161.7M | $187.6M | $202.4M | $165.6M |
| Share buybacks | — | — | — | $0 | $0 | $6.01M | $15.7M | $0 | $14.6M | $46.3M |
RevenueNet incomeNet margin (right axis, %)
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $162.0M | $194.0M | $155.8M | $173.3M | $179.5M | $205.4M | $164.4M | $192.8M |
| Growth (year over year) | +7.9% | +3.8% | +4.3% | +6.4% | +10.8% | +5.9% | +5.5% | +11.2% |
| Gross profit | $99.5M | $126.2M | $93.0M | $108.4M | $110.1M | $135.8M | $104.0M | $130.8M |
| Gross margin | 61.4% | 65.1% | 59.7% | 62.5% | 61.4% | 66.2% | 63.2% | 67.8% |
| Operating income | $15.1M | $40.2M | −$1.36M | $22.0M | $25.0M | $52.0M | $7.72M | $31.2M |
| Operating margin | 9.3% | 20.7% | −0.9% | 12.7% | 14.0% | 25.3% | 4.7% | 16.2% |
| Net income | $5.21M | $36.4M | −$9.63M | $11.1M | $20.1M | $123.0M | $4.41M | $19.4M |
| Net margin | 3.2% | 18.8% | −6.2% | 6.4% | 11.2% | 59.9% | 2.7% | 10.0% |
| EPS (diluted) | $0.04 | $0.26 | −$0.07 | $0.08 | $0.13 | $0.81 | $0.03 | $0.13 |
| Balance sheet | ||||||||
| Cash and equivalents | $387.2M | $483.2M | $429.7M | $426.0M | $482.1M | $553.4M | $184.6M | $332.6M |
| Total assets | $2.74B | $2.85B | $2.67B | $2.93B | $2.92B | $3.16B | $2.95B | $3.03B |
| Total liabilities | $2.01B | $2.09B | $1.93B | $2.16B | $2.11B | $2.24B | $2.03B | $2.10B |
| Long-term debt | $550.2M | $550.1M | $349.0M | $348.6M | $348.1M | $347.7M | $347.2M | $346.8M |
| Shareholders' equity | $725.9M | $768.2M | $741.8M | $768.5M | $808.0M | $922.4M | $917.9M | $936.3M |
| Cash flow | ||||||||
| Operating cash flow | $91.3M | $114.7M | $2.56M | $18.5M | $86.6M | $128.5M | −$120.8M | $186.6M |
| Capital expenditure | $14.0M | $3.73M | $14.4M | $12.5M | $18.2M | $25.4M | $9.40M | $12.1M |
| Free cash flow | $77.3M | $111.0M | −$11.8M | $6.01M | $68.4M | $103.1M | −$130.2M | $174.5M |
| Share buybacks | $9.01M | $5.57M | $19.2M | $3.65M | $0 | $23.4M | $14.5M | $21.1M |
From Magnite Inc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Magnite Inc
Magnite Inc. is an American online advertising technology firm based in Los Angeles, California. The company was formed following a merger between Rubicon Project and Telaria in 2020.
Source: Wikipedia — Magnite Inc
- Headquarters
- New York, New York From SEC filings, Oct 2026
Recent News (13)
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How Lower Borrowing Costs Will Impact Magnite Stock (MGNI) How Lower Borrowing Costs Will Impact Magnite Stock (MGNI) Simply Wall Street
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MGNI Stock Heads For Another Month In Green: Magnite Gets Price Target Boost As Google Ad-Tech Changes Open New Growth Path MGNI Stock Heads For Another Month In Green: Magnite Gets Price Target Boost As Google Ad-Tech Changes Open New Growth Path Stocktwits
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AppLovin Drops 5% as Edgewater Warns Market Share Growth Has Stalled; Magnite Slips, Trade Desk Slips 3%
AppLovin Drops 5% as Edgewater Warns Market Share Growth Has Stalled; Magnite Slips, Trade Desk Slips 3%
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Trade Desk Falls 4% as Index-Removal Flows Keep Pressure On; Magnite Drops 3%, AppLovin Pulls Back
Trade Desk Falls 4% as Index-Removal Flows Keep Pressure On; Magnite Drops 3%, AppLovin Pulls Back
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Magnite Jumps 5% as Craig-Hallum Lifts Target to $32 on Google Auction Remedies; PubMatic Rises 6%, Trade Desk Barely Budges
Magnite Jumps 5% as Craig-Hallum Lifts Target to $32 on Google Auction Remedies; PubMatic Rises 6%, Trade Desk Barely Budges
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Trade Desk Falls 4% on 15% Workforce Cut; AppLovin Ascends 3%, Magnite Pulls Back
Trade Desk Falls 4% on 15% Workforce Cut; AppLovin Ascends 3%, Magnite Pulls Back
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Magnite Rallies 6%, Trade Desk Climbs 5%, AppLovin Barely Budges: Is Agentic Ad-Tech Broadening Out?
Magnite Rallies 6%, Trade Desk Climbs 5%, AppLovin Barely Budges: Is Agentic Ad-Tech Broadening Out?
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Trade Desk Rises 5% on Kokai Zuma Agentic AI Launch, AppLovin and Magnite Barely Budge
Trade Desk Rises 5% on Kokai Zuma Agentic AI Launch, AppLovin and Magnite Barely Budge
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Meta Stock Puts Trade Desk And Magnite In Focus For US Ad Investors Meta Stock Puts Trade Desk And Magnite In Focus For US Ad Investors simplywall.st
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Magnite at Rosenblatt ai summit: ctv growth and google upside
Magnite at Rosenblatt ai summit: ctv growth and google upside
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Magnite Jumps 18%, AppLovin Crashes 20%, Trade Desk Slides 6% as Traders Separate Ad-Tech Winners From Losers Magnite Jumps 18%, AppLovin Crashes 20%, Trade Desk Slides 6% as Traders Separate Ad-Tech Winners From Losers
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