(MGNI) Magnite - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US55955D1000

Sell-Side, Platform, CTV, Streaming, Ad-Server

Advertising
Market Cap in USD: 2,323m
IPO / Inception: 2014-04-02
12m vs SPY: -14.2%

EPS (Earnings per Share)

EPS (Earnings per Share) of MGNI over the last years for every Quarter: "2020-12": 0.19, "2021-03": 0.03, "2021-06": 0.11, "2021-09": 0.14, "2021-12": 0.26, "2022-03": 0.08, "2022-06": 0.14, "2022-09": 0.18, "2022-12": 0.24, "2023-03": 0.04, "2023-06": 0.09, "2023-09": 0.12, "2023-12": 0.29, "2024-03": 0.05, "2024-06": 0.14, "2024-09": 0.17, "2024-12": 0.34, "2025-03": 0.12, "2025-06": 0.08, "2025-09": 0.2, "2025-12": 0,
EPS CAGR: -40.83%
EPS Trend: -2.4%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of MGNI over the last years for every Quarter: 2020-12: 82.003, 2021-03: 60.715, 2021-06: 114.541, 2021-09: 131.871, 2021-12: 161.286, 2022-03: 118.075, 2022-06: 137.78, 2022-09: 145.815, 2022-12: 175.399, 2023-03: 130.15, 2023-06: 152.543, 2023-09: 150.085, 2023-12: 186.932, 2024-03: 149.319, 2024-06: 162.88, 2024-09: 162.003, 2024-12: 193.968, 2025-03: 155.771, 2025-06: 173.332, 2025-09: 179.494, 2025-12: null,
Rev. CAGR: 2.89%
Rev. Trend: 59.5%
Last SUE: 0.81
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 64.5%
Value at Risk 5%th 88.1%
Relative Tail Risk -16.98%
Reward TTM
Sharpe Ratio 0.31
Alpha -32.23
CAGR/Max DD 0.34
Character TTM
Hurst Exponent 0.503
Beta 1.855
Beta Downside 2.183
Drawdowns 3y
Max DD 57.95%
Mean DD 25.16%
Median DD 23.85%

Description: MGNI Magnite January 12, 2026

Magnite Inc. (NASDAQ: MGNI) runs an independent, omni-channel sell-side platform that helps publishers-such as CTV operators, app developers, and website owners-monetize digital inventory, while providing advertisers, agencies, and DSPs a marketplace to purchase that inventory. The company, formerly The Rubicon Project, rebranded in July 2020 and is headquartered in New York, operating sales teams globally.

Key recent metrics: Q4 2023 revenue was $158 million, down about 5 % YoY, reflecting broader ad-spend pressure; however, CTV eCPM grew ~12 % YoY, underscoring the sector’s shift toward video-first formats. Magnite’s share of the U.S. sell-side market is roughly 10 %, and its fill-rate on premium inventory remains above 85 %, indicating strong demand for its programmatic solutions despite a macro-economic slowdown in advertising budgets.

For a deeper, data-driven view of Magnite’s valuation dynamics, you may find ValueRay’s analyst dashboard useful.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (58.0m TTM) > 0 and > 6% of Revenue (6% = 42.2m TTM)
FCFTA 0.06 (>2.0%) and ΔFCFTA -0.49pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 1.77% (prev 24.16%; Δ -22.39pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.08 (>3.0%) and CFO 222.4m > Net Income 58.0m (YES >=105%, WARN >=100%)
Net Debt (143.1m) to EBITDA (150.7m) ratio: 0.95 <= 3.0 (WARN <= 3.5)
Current Ratio 1.01 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (153.2m) change vs 12m ago 3.01% (target <= -2.0% for YES)
Gross Margin 62.30% (prev 60.51%; Δ 1.79pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 24.83% (prev 24.15%; Δ 0.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 3.19 (EBITDA TTM 150.7m / Interest Expense TTM 29.6m) >= 6 (WARN >= 3)

Altman Z'' -0.78

(A) 0.00 = (Total Current Assets 1.73b - Total Current Liabilities 1.71b) / Total Assets 2.92b
(B) -0.22 = Retained Earnings (Balance) -639.6m / Total Assets 2.92b
(C) 0.03 = EBIT TTM 94.4m / Avg Total Assets 2.83b
(D) -0.30 = Book Value of Equity -641.1m / Total Liabilities 2.11b
Total Rating: -0.78 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.34

1. Piotroski 5.50pt
2. FCF Yield 6.67%
3. FCF Margin 23.42%
4. Debt/Equity 0.77
5. Debt/Ebitda 0.95
6. ROIC - WACC (= -3.49)%
7. RoE 7.51%
8. Rev. Trend 59.53%
9. EPS Trend -2.37%

What is the price of MGNI shares?

As of January 14, 2026, the stock is trading at USD 16.09 with a total of 1,297,922 shares traded.
Over the past week, the price has changed by -4.68%, over one month by +1.58%, over three months by -8.06% and over the past year by +3.61%.

Is MGNI a buy, sell or hold?

Magnite has received a consensus analysts rating of 4.62. Therefore, it is recommended to buy MGNI.
  • Strong Buy: 9
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the MGNI price?

Issuer Target Up/Down from current
Wallstreet Target Price 26.9 66.9%
Analysts Target Price 26.9 66.9%
ValueRay Target Price 15.8 -2.1%

MGNI Fundamental Data Overview January 12, 2026

P/E Trailing = 40.425
P/E Forward = 14.1844
P/S = 3.3062
P/B = 2.8749
Beta = 2.349
Revenue TTM = 702.6m USD
EBIT TTM = 94.4m USD
EBITDA TTM = 150.7m USD
Long Term Debt = 348.1m USD (from longTermDebt, last quarter)
Short Term Debt = 228.4m USD (from shortTermDebt, last quarter)
Debt = 625.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 143.1m USD (from netDebt column, last quarter)
Enterprise Value = 2.47b USD (2.32b + Debt 625.2m - CCE 482.1m)
Interest Coverage Ratio = 3.19 (Ebit TTM 94.4m / Interest Expense TTM 29.6m)
EV/FCF = 14.99x (Enterprise Value 2.47b / FCF TTM 164.5m)
FCF Yield = 6.67% (FCF TTM 164.5m / Enterprise Value 2.47b)
FCF Margin = 23.42% (FCF TTM 164.5m / Revenue TTM 702.6m)
Net Margin = 8.25% (Net Income TTM 58.0m / Revenue TTM 702.6m)
Gross Margin = 62.30% ((Revenue TTM 702.6m - Cost of Revenue TTM 264.9m) / Revenue TTM)
Gross Margin QoQ = 61.36% (prev 62.53%)
Tobins Q-Ratio = 0.84 (Enterprise Value 2.47b / Total Assets 2.92b)
Interest Expense / Debt = 1.26% (Interest Expense 7.90m / Debt 625.2m)
Taxrate = 4.23% (885.0k / 20.9m)
NOPAT = 90.4m (EBIT 94.4m * (1 - 4.23%))
Current Ratio = 1.01 (Total Current Assets 1.73b / Total Current Liabilities 1.71b)
Debt / Equity = 0.77 (Debt 625.2m / totalStockholderEquity, last quarter 808.0m)
Debt / EBITDA = 0.95 (Net Debt 143.1m / EBITDA 150.7m)
Debt / FCF = 0.87 (Net Debt 143.1m / FCF TTM 164.5m)
Total Stockholder Equity = 771.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.05% (Net Income 58.0m / Total Assets 2.92b)
RoE = 7.51% (Net Income TTM 58.0m / Total Stockholder Equity 771.6m)
RoCE = 8.43% (EBIT 94.4m / Capital Employed (Equity 771.6m + L.T.Debt 348.1m))
RoIC = 6.81% (NOPAT 90.4m / Invested Capital 1.33b)
WACC = 10.30% (E(2.32b)/V(2.95b) * Re(12.75%) + D(625.2m)/V(2.95b) * Rd(1.26%) * (1-Tc(0.04)))
Discount Rate = 12.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.21%
[DCF Debug] Terminal Value 72.00% ; FCFF base≈165.7m ; Y1≈184.2m ; Y5≈241.0m
Fair Price DCF = 18.84 (EV 2.85b - Net Debt 143.1m = Equity 2.71b / Shares 143.6m; r=10.30% [WACC]; 5y FCF grow 12.88% → 2.90% )
EPS Correlation: -2.37 | EPS CAGR: -40.83% | SUE: -4.0 | # QB: 0
Revenue Correlation: 59.53 | Revenue CAGR: 2.89% | SUE: 0.81 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.10 | Chg30d=-0.058 | Revisions Net=-1 | Analysts=6
EPS next Year (2026-12-31): EPS=1.04 | Chg30d=-0.083 | Revisions Net=-1 | Growth EPS=+19.2% | Growth Revenue=+10.0%

Additional Sources for MGNI Stock

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