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MGNI:NASDAQ
Magnite Inc
$24.30
+0.37%
(+0.090) 1D
$24.10
-0.82% (-0.20)
After hours
Closed: Aug 11, 4:00:01 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for MGNI...
Open
$24.00
High
$24.71
Low
$23.92
Mkt. cap
3.49B
Avg. vol.
2.70M
Volume
0.00
P/E ratio
23.26
52-wk high
$26.65
52-wk low
$10.82
EPS
$1.04
Beta
2.26
Shares outstanding
143.42M
No. of employees
971
Open
$24.00
High
$24.71
Low
$23.92
Mkt. cap
3.49B
Avg. vol.
2.70M
Volume
0.00
P/E ratio
23.26
52-wk high
$26.65
52-wk low
$10.82
EPS
$1.04
Beta
2.26
Shares outstanding
143.42M
No. of employees
971
News stories
From web sources and news partners
Profile
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. Wikipedia
About Magnite Inc
CEOMichael G. Barrett
Employees971
FoundedApr 20, 2007
Headquarters-
SectorAdvertising
Websitemagnite.com
Analyst ratings
Based on 13 analysts giving stock ratings to MGNI in the past 3 months
Strong buy
Buy
12
Hold
1
Sell
0
12-month forecast
Based on 13 Wall Street analysts offering 12 month price targets for MGNI in the last 3 months.
Highest
Current $24.30
$40.00 (+64.61%)
Average
$28.00 (+15.23%)
Lowest
$22.00 (-9.47%)
Analyst
Recommendation
Action
Price target
Projected
Date
Alec Brondolo
Wells Fargo
Hold
Maintained
$22.00
-9.5%
08/07/2026
Omar Dessouky
Bank of America Securities
Buy
Maintained
-
-
08/06/2026
Nat Schindler
Scotiabank
Buy
Maintained
$27.00
+11.1%
08/06/2026
Jason Kreyer
Craig-Hallum
Buy
Maintained
$28.00
+15.2%
08/06/2026
Naved Khan
B. Riley Securities
Buy
Maintained
$27.00
+11.1%
08/06/2026
Eric Martinuzzi
Lake Street
Buy
Maintained
$25.00
+2.9%
08/06/2026
Daniel Kurnos
Benchmark Co.
Buy
Reiterated
$33.00
+35.8%
08/06/2026
Barton Crockett
Rosenblatt Securities
Buy
Maintained
$40.00
+64.6%
08/06/2026
Shyam Patil
Susquehanna
Buy
Maintained
$30.00
+23.5%
08/06/2026
Matthew Swanson
RBC Capital
Buy
Maintained
$27.00
+11.1%
08/06/2026
Tyler DiMatteo
BTIG
Buy
Maintained
$27.00
+11.1%
08/06/2026
Mark Mahaney
Evercore ISI
Buy
Maintained
$25.00
+2.9%
08/06/2026
Robert Coolbrith
Evercore ISI
Buy
Maintained
$25.00
+2.9%
08/06/2026
Laura Martin
Needham
Buy
Maintained
$25.00
+2.9%
08/06/2026
Shweta Khajuria
Wolfe Research
Buy
Maintained
$17.00
-30%
05/07/2026
Aaron Spychalla
Craig-Hallum
Buy
Maintained
-
-
03/24/2026
Zach Cummins
B. Riley Securities
Buy
Maintained
$20.00
-17.7%
02/26/2026
Last report
Aug 5, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$0.26 / $0.26
-1.09%miss
Revenue / Est. (USD)
192.82M / 180.70M
+6.71%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
179.49M
205.36M
164.37M
192.82M
Cost of goods sold
69.36M
69.51M
60.41M
62.04M
Cost of revenue
69.36M
69.51M
60.41M
62.04M
Research and development expenses
20.20M
20.64M
25.17M
24.14M
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
64.90M
63.08M
71.07M
75.43M
Operating expense
85.10M
83.72M
96.24M
99.56M
Total operating expenses
154.45M
153.23M
156.65M
161.60M
Operating income
25.04M
52.13M
7.72M
31.22M
Other non operating income
154.00K
343.00K
422.00K
416.00K
EBT including unusual items
20.94M
48.07M
3.73M
25.55M
EBT excluding unusual items
20.94M
48.24M
3.73M
25.55M
Income tax expense
885.00K
-74.98M
-681.00K
6.18M
Effective tax rate
4.23%
-155.96%
-18.25%
24.18%
Other operating expenses
-
-
-
-
Net income
20.06M
123.05M
4.41M
19.37M
Net profit margin
11.17%
59.92%
2.68%
10.04%
Earnings per share
0.20
0.34
0.13
0.26
Interest and investment income
3.23M
3.52M
-
-
Interest expense
-7.90M
-7.53M
-4.56M
-6.31M
Net interest expenses
-4.67M
-4.01M
-4.56M
-6.31M
Depreciation and amortization charges
-
-
-
-
EBITDA
37.35M
62.12M
22.09M
45.78M
Gain or loss from assets sale
-
-
-
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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