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Magnite Inc. (MGNI)

$21.77

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Key data on MGNI

Market cap

$3.12B

EPS

1.1

P/E ratio

25.1

Price to sales

4.91

Dividend yield

--

Beta

2.320988

Price on MGNI

Previous close

$21.82

Today's open

$21.89

Day's range

$21.59 - $22.01

52 week range

$10.82 - $26.84

Profile about MGNI

CEO

Michael Barrett

Employees

905

Headquarters

New York, NY

Exchange

Nasdaq Global Select

Shares outstanding

143424157

Issue type

Common Stock

MGNI industries and sectors

Media & Telecommunications

Traditional Media

News on MGNI

Magnite to Participate in Upcoming Financial Conferences

NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate in the following financial conferences: Seaport 4th Annual TMT Conference on Tuesday, November 17th – company management will participate virtually RBC Global Technology, Internet, Media and Telecommunications Conference in New York City on Wednesday, November 18 – company management will participate in a fireside chat at 10:40 a.m ET Stephens Investment Conference in Nashville on Thursday, November 19 Raymond James TMT and Consumer Conference in New York City on Tuesday, December 8 Wells Fargo 10th Annual TMT Summit in Rancho Palos Verdes on Wednesday, December 9 – company management will participate in a fireside chat at 1:30 p.m. PT Susquehanna Technology Select Spotlight Series on Monday, December 14 – company management will participate virtually Needham 29th Annual Growth Conference in New York City on Wednesday, January 13 – company management will participate in a fireside chat with timing to be announced Live webcasts of the RBC, Wells Fargo and Needham fireside chats will be available in the “Events & Presentations” section of Magnite's investor relations website at: https://investor.magnite.com.

news source

GlobeNewsWire • 13 hours ago

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The Trade Desk Broadens CTV Ad Reach in Italy: A New Catalyst for TTD?

TTD expands CTV advertising reach in Italy with Skydance Pause Ads on HBO Max and discovery+, adding premium inventory as international CTV growth accelerates.

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Zacks Investment Research • Oct 19, 2026

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LG Ad Solutions and Magnite Expand Partnership to Advance Agentic Buying on the Home Screen

NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, and LG Ad Solutions today announced a three-year extension of their partnership, with Magnite's SpringServe continuing as LG Ad Solutions' exclusive CTV video ad server and Magnite as a preferred programmatic partner across North America, APAC, and EMEA. As part of this expanded relationship, LG Ad Solutions is making its Home Screen inventory available for agentic buying through Magnite's Seller Agent, building on the companies' existing programmatic integration.

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GlobeNewsWire • Oct 14, 2026

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Magnite Successfully Completes Term Loan and Revolving Credit Facility Repricing

Reduces Term Loan B Interest Rate by an Additional 50 Basis Points  Generates Approximately $1.8 Million in Annualized Interest Savings NEW YORK, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world's largest independent sell-side advertising company, today announced the third successful repricing of its $358 million senior secured term loan facility (Term Loan) due February 2031 and the repricing of its $175 million senior secured revolving credit facility (Revolving Credit Facility) that matures in February 2029. The Term Loan repricing reduces the interest rate by 50 basis points to Term SOFR + 2.50% (from Term SOFR + 3.00%).

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GlobeNewsWire • Oct 7, 2026

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Magnite to Announce Third Quarter 2026 Financial Results on November 4, 2026

NEW YORK, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the third quarter ended September 30, 2026 after the market close on Wednesday, November 4, 2026. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook.

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GlobeNewsWire • Oct 5, 2026

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AppLovin Slides 3% as Ad-Tech Peers Stand Firm; Trade Desk and Magnite Tick Higher

AppLovin is bleeding market value while its closest rivals hold steady and even tick higher, pointing to something specific festering inside the company rather than a broad ad-tech retreat.

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24/7 Wall Street • Oct 2, 2026

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Magnite: Trades Slightly Above Its Fair Value, Waiting For Confirmation (Downgrade)

Magnite Inc. delivered strong Q2 results with 17% y/y revenue growth and a 30% y/y adjusted EBITDA increase, highlighting robust CTV momentum. MGNI's financial position remains solid, with an 11x interest coverage ratio and balanced cash/debt profile, supporting operational flexibility. Recent DOJ antitrust actions against Google could shift ad spend to MGNI, but market share gains are not guaranteed and may benefit peers as well.

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Seeking Alpha • Sep 30, 2026

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Magnite Surges 6% as a 53% YTD Gain Separates It From Ad-Tech Peers; Trade Desk and AppLovin Tread Water

Magnite (NASDAQ:MGNI) stock surged 6% to $24.77 on Tuesday, extending a standout year-to-date advance of 52.5%. The Trade Desk (NASDAQ:TTD | TTD Price Prediction) shares edged down 0.16% to $12.32 and remain down 67.

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24/7 Wall Street • Sep 29, 2026

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Magnite Chairman Sells 7,500 Shares Near the Stock's 52-Week High

The insider traded 7,500 shares for a total value of $198,750 on September 17, 2026. The transaction involved shares equal to 5% of the stake held before the filing, leaving the insider with ~137,000 shares held directly.

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The Motley Fool • Sep 28, 2026

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Magnite Named Primary Video Ad Server and a Programmatic Technology Provider for HP TV+

HP TV+ adopts Magnite's full-stack technology, including SpringServe ad serving, programmatic activation, and ClearLine Curation HP TV+ adopts Magnite's full-stack technology, including SpringServe ad serving, programmatic activation, and ClearLine Curation

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GlobeNewsWire • Sep 23, 2026

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