(MGNI) Magnite - Overview

Sector: Communication Services | Industry: Advertising Agencies | Exchange: NASDAQ (USA) | Market Cap: 1.706m USD | Total Return: 24.9% in 12m

Digital Ads, Marketplace, Publishers, Buyers
Total Rating 32
Safety 51
Buy Signal -0.74
Advertising Agencies
Industry Rotation: -21.0
Market Cap: 1.71B
Avg Turnover: 22.7M USD
ATR: 5.02%
Peers RS (IBD): 23.3
Risk 5d forecast
Volatility59.7%
Rel. Tail Risk-14.3%
Reward TTM
Sharpe Ratio0.59
Alpha-36.18
Character TTM
Beta1.954
Beta Downside2.137
Drawdowns 3y
Max DD57.95%
CAGR/Max DD0.14
EPS (Earnings per Share) EPS (Earnings per Share) of MGNI over the last years for every Quarter: "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": 0.2, "2025-09": 0.2, "2025-12": 0.34, "2026-03": 0,
EPS CAGR: -45.93%
EPS Trend: 13.7%
Last SUE: -2.66
Qual. Beats: 0
Revenue Revenue of MGNI over the last years for every Quarter: 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: 205.356, 2026-03: null,
Rev. CAGR: 15.90%
Rev. Trend: 74.2%
Last SUE: 2.22
Qual. Beats: 1

Warnings

Altman Z'' -0.46 < 1.0 - financial distress zone

Volatile

Tailwinds

No distinct edge detected

Description: MGNI Magnite

Magnite Inc. (MGNI) operates a sell-side advertising platform. This platform connects digital content publishers (sellers) with advertisers and agencies (buyers).

The companys core business model is to facilitate the buying and selling of digital advertising inventory. This includes Connected TV (CTV) channels, websites, and other digital media properties. The digital advertising sector is characterized by programmatic trading, where ad impressions are bought and sold in real-time through automated systems.

Magnites platform allows publishers to manage and monetize their ad inventory, while providing buyers access to a marketplace for purchasing digital ad space. The company markets its solutions through direct sales teams.

To gain deeper insights into Magnites performance metrics and competitive landscape, ValueRay offers comprehensive analytical tools.

Headlines to Watch Out For
  • CTV advertising growth drives platform revenue
  • Publisher adoption expands inventory and market share
  • Advertiser demand for programmatic advertising increases
  • Data privacy regulations impact targeting capabilities
Piotroski VR‑10 (Strict) 5.5
Net Income: 144.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -1.84 > 1.0
NWC/Revenue: 5.58% < 20% (prev 31.01%; Δ -25.43% < -1%)
CFO/TA 0.07 > 3% & CFO 236.2m > Net Income 144.6m
Net Debt (22.9m) to EBITDA (155.9m): 0.15 < 3
Current Ratio: 1.02 > 1.5 & < 3
Outstanding Shares: last quarter (153.8m) vs 12m ago 0.88% < -2%
Gross Margin: 62.66% > 18% (prev 0.61%; Δ 6.20k% > 0.5%)
Asset Turnover: 23.72% > 50% (prev 23.41%; Δ 0.32% > 0%)
Interest Coverage Ratio: 3.23 > 6 (EBITDA TTM 155.9m / Interest Expense TTM 31.6m)
Altman Z'' -0.46
A: 0.01 (Total Current Assets 1.88b - Total Current Liabilities 1.84b) / Total Assets 3.16b
B: -0.16 (Retained Earnings -516.6m / Total Assets 3.16b)
C: 0.03 (EBIT TTM 102.3m / Avg Total Assets 3.01b)
D: -0.23 (Book Value of Equity -518.0m / Total Liabilities 2.24b)
Altman-Z'' Score: -0.46 = B
Beneish M -3.03
DSRI: 1.02 (Receivables 1.30b/1.20b, Revenue 714.0m/668.2m)
GMI: 0.98 (GM 62.66% / 61.26%)
AQI: 0.97 (AQ_t 0.35 / AQ_t-1 0.36)
SGI: 1.07 (Revenue 714.0m / 668.2m)
TATA: -0.03 (NI 144.6m - CFO 236.2m) / TA 3.16b)
Beneish M-Score: -3.03 (Cap -4..+1) = AA
What is the price of MGNI shares? As of April 14, 2026, the stock is trading at USD 12.09 with a total of 1,604,473 shares traded.
Over the past week, the price has changed by -0.58%, over one month by +1.77%, over three months by -24.86% and over the past year by +24.90%.
Is MGNI a buy, sell or hold? Magnite has received a consensus analysts rating of 4.62. Therefore, it is recommended to buy MGNI.
  • StrongBuy: 9
  • Buy: 3
  • Hold: 1
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the MGNI price?
Analysts Target Price 22.1 82.5%
Magnite (MGNI) - Fundamental Data Overview as of 11 April 2026
P/E Trailing = 12.4421
P/E Forward = 12.2549
P/S = 2.3901
P/B = 1.8594
P/EG = 0.0892
Revenue TTM = 714.0m USD
EBIT TTM = 102.3m USD
EBITDA TTM = 155.9m USD
Long Term Debt = 347.7m USD (from longTermDebt, last quarter)
Short Term Debt = 228.6m USD (from shortTermDebt, last quarter)
Debt = 576.3m USD (corrected: LT Debt 347.7m + ST Debt 228.6m)
Net Debt = 22.9m USD (recalculated: Debt 576.3m - CCE 553.4m)
Enterprise Value = 1.73b USD (1.71b + Debt 576.3m - CCE 553.4m)
Interest Coverage Ratio = 3.23 (Ebit TTM 102.3m / Interest Expense TTM 31.6m)
EV/FCF = 10.86x (Enterprise Value 1.73b / FCF TTM 159.3m)
FCF Yield = 9.21% (FCF TTM 159.3m / Enterprise Value 1.73b)
FCF Margin = 22.31% (FCF TTM 159.3m / Revenue TTM 714.0m)
Net Margin = 20.26% (Net Income TTM 144.6m / Revenue TTM 714.0m)
Gross Margin = 62.66% ((Revenue TTM 714.0m - Cost of Revenue TTM 266.6m) / Revenue TTM)
Gross Margin QoQ = 66.15% (prev 61.36%)
Tobins Q-Ratio = 0.55 (Enterprise Value 1.73b / Total Assets 3.16b)
Interest Expense / Debt = 1.31% (Interest Expense 7.53m / Debt 576.3m)
Taxrate = 21.0% (US default 21%)
NOPAT = 80.8m (EBIT 102.3m * (1 - 21.00%))
Current Ratio = 1.02 (Total Current Assets 1.88b / Total Current Liabilities 1.84b)
Debt / Equity = 0.62 (Debt 576.3m / totalStockholderEquity, last quarter 922.4m)
Debt / EBITDA = 0.15 (Net Debt 22.9m / EBITDA 155.9m)
Debt / FCF = 0.14 (Net Debt 22.9m / FCF TTM 159.3m)
Total Stockholder Equity = 810.1m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.81% (Net Income 144.6m / Total Assets 3.16b)
RoE = 17.85% (Net Income TTM 144.6m / Total Stockholder Equity 810.1m)
RoCE = 8.83% (EBIT 102.3m / Capital Employed (Equity 810.1m + L.T.Debt 347.7m))
RoIC = 5.91% (NOPAT 80.8m / Invested Capital 1.37b)
WACC = 9.87% (E(1.71b)/V(2.28b) * Re(12.85%) + D(576.3m)/V(2.28b) * Rd(1.31%) * (1-Tc(0.21)))
Discount Rate = 12.85% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.41%
[DCF] Terminal Value 72.87% ; FCFF base≈174.1m ; Y1≈184.1m ; Y5≈218.4m
[DCF] Fair Price = 19.30 (EV 2.81b - Net Debt 22.9m = Equity 2.79b / Shares 144.4m; r=9.87% [WACC]; 5y FCF grow 6.31% → 3.0% )
EPS Correlation: 13.71 | EPS CAGR: -45.93% | SUE: -2.66 | # QB: 0
Revenue Correlation: 74.16 | Revenue CAGR: 15.90% | SUE: 2.22 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.22 | Chg7d=-0.004 | Chg30d=-0.004 | Revisions Net=-2 | Analysts=7
EPS current Year (2026-12-31): EPS=1.04 | Chg7d=-0.019 | Chg30d=-0.019 | Revisions Net=+4 | Growth EPS=+19.7% | Growth Revenue=+11.4%
EPS next Year (2027-12-31): EPS=1.21 | Chg7d=-0.016 | Chg30d=-0.016 | Revisions Net=+2 | Growth EPS=+16.3% | Growth Revenue=+9.2%
[Analyst] Revisions Ratio: -0.50 (1 Up / 3 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 4.8% (Discount Rate 12.8% - Earnings Yield 8.0%)
[Growth] Growth Spread = +5.0% (Analyst 9.8% - Implied 4.8%)
External Resources
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