Magnite opened higher at $29.25, compared with its previous close of $29.21. In the last trading session, the stock traded between $28.98 and $29.51. It showed a sideways intraday trend.
Return calculator
Time Period
An investment of $100 made 5 years ago in Magnite is now worth
$ 128.12
Giving a profit of
$ 28.12 (28.12%)
Invest with $1
Note: Past profits do not guarantee future returns.
Analyst Overview
Rating from 11 Analysts
Buy
90.91%
Hold
9.09%
Sell
0%
Markets Today
Today's Change
+$0.14 (+0.49%)
Day High
$29.51
Day Low
$28.98
Day Open
$29.25
Prev Close
$29.21
Volume
17,89,884
1W Return
28.76%
1M Return
17.02%
3M Return
20.83%
6M Return
119.54%
1Y Return
98.60%
Fundamentals
Market Cap ($ Mn)
4,214
PE Ratio
21.55
PB Ratio
3.63
PEG Ratio
0.49
ROE
18.04%
ROCE
7.24%
EPS (TTM)
$0.24
Investment Returns
1 Week
28.76%
1 Month
17.02%
3 Months
20.83%
6 Months
119.54%
9 Months
148.75%
Financials
Quarterly
All values in $ Mn
173.3
Jun 25
179.5
Sep 25
205.4
Dec 25
164.4
Mar 26
192.8
Jun 26
204.2
Sep 26
Updates
6Nov
RBC Capital raises Magnite price target to $30, maintains outperform
RBC Capital maintains Outperform rating on Magnite. Price target raised from $27 to $30. Analyst Matthew Swanson issued the updated rating.
7 days ago
5Nov
Wells Fargo raises Magnite price target to $23, maintains equal-weight
Wells Fargo maintains Equal-Weight rating on Magnite. Price target raised from $22 to $23. Analyst Alec Brondolo issued the revised valuation.
7 days ago
5Nov
Magnite Q3FY26 Results: Contribution ex-TAC rises 20% to $201 million
Contribution ex-TAC rose 20% YoY to $201 million, beating guidance by over $10 million. Adjusted EBITDA margin expanded 800 bps to 42% as costs remained flat despite revenue growth. CTV revenue grew 39% YoY to $105 million, comprising 53% of total contribution ex-TAC. Political ad spend contributed $12 million in Q3, with full-year expectations raised to over $40 million.
8 days ago
8Oct
Magnite cuts term loan rate by 50 bps to save $1.8 million annually
Term Loan B rate reduced by 50 bps to Term SOFR + 2.50%. Annualized interest savings estimated at $1.8 million. Revolving credit margin cut by 100 bps to Term SOFR + 2.5% - 3.0%. Cumulative rate reduction since Feb 2024 stands at 250 bps.
1mo ago
21Sep
Magnite promotes Brian Gephart to CFO effective October 1, 2026
Magnite promotes Brian Gephart to CFO effective October 1, 2026. Gephart succeeds David Day after a decade-long tenure at the company. CEO Michael Barrett cites Gephart's capital markets experience as key. Gephart brings over 20 years of finance experience from roles at Leaf Group.
1mo ago
8Sep
Magnite launches first agentic campaign in EMEA with Amnet France
Magnite launches first agentic campaign in EMEA with Amnet France. Campaign setup time reduced by approximately 70%. Video view-through rate reached 95%. Buyer agent automated inventory identification for automotive client.
