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Asset logo for symbol MGNI
Magnite
MGNI52
$13.24arrow_drop_down0.45%-$0.06
Asset logo for symbol MGNI
MGNI52

$13.24

arrow_drop_down0.45%

Performance History

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Score Breakdown

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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

About Magnite (MGNI)

Magnite, Inc., also known as MGNI, is a leading independent sell-side advertising platform that serves many of the world's largest and most valuable brands, publishers, and agencies. The company operates an open and transparent marketplace that connects advertisers with premium inventory across multiple channels, including desktop, mobile, connected TV, and audio. With its advanced technology and data solutions, Magnite enables advertisers to reach their target audiences effectively and efficiently, driving compelling results and maximizing return on investment. MGNI stock has experienced a significant increase in value over the years, reflecting the company's strong performance and market position.
The stock price history for Magnite, Inc., MGNI, shows a positive trend, with steady growth over the past few years. This is a testament to the company's ability to deliver consistent value to its shareholders. The market cap of Magnite, Inc. is another important factor to consider, as it represents the total market value of the company's outstanding shares. With its strong financials and growth potential, Magnite, Inc. has become an attractive investment opportunity for many investors.
Sector
Communication Services
Industry
Advertising Agencies
CEO
Mr. Michael G. Barrett
Headquarters
New York
Employees
947
Exchange
NASDAQ
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Frequently Asked Questions

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What is Magnite's (MGNI) price per share?

The current price per share for Magnite (MGNI) is $13.24. The stock has seen a price change of -$0.06 recently, indicating a -0.45% change. This reflects the stock's recent market performance and investor sentiment.
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What is the 52-week high and low for Magnite (MGNI)?

For Magnite (MGNI), the 52-week high is $15.92, which is 20.24% from the current price. The 52-week low is $6.28, the current price is 110.83% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.
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Is Magnite (MGNI) a growth stock?

Magnite (MGNI) has shown an average price growth of 0.41% over the past three years. It has received a score of 19 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Magnite as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.
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What is Magnite (MGNI) stock price performance year to date (YTD)?

As of the latest data, Magnite (MGNI) has a year-to-date price change of 43.91%. Over the past month, the stock has experienced a price change of 1.15%. Over the last three months, the change has been 1.3%. Over the past six months, the figure is 16.14%.
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Is Magnite (MGNI) a profitable company?

Magnite (MGNI) has a net income of -$159.18M, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of 29.2% indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 5.88% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $619.71M, with a revenue growth rate of 7.39%, providing insight into the company's sales performance and growth. The gross profit is $180.94M. Operating income is noted at -$147.54M. Furthermore, the EBITDA is $102.12M.
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What is the market capitalization of Magnite (MGNI)?

Magnite (MGNI) has a market capitalization of $1.88B. The average daily trading volume is 1.72M, indicating the stock's liquidity and investor engagement.

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