Equites Radar

MGNI · Magnite, Inc.

Advertising AgenciesUnited StatesAnalyst view: Strong Buy

$17.92

+4.80% last session

End-of-day data · updated 2026-07-25

Mildly bullish3 bullish · 1 bearish technical signals
Consensus: Strong Buy (1.47 from 15 analysts)
To mean target: +25.0%

Market cap

$3B

Enterprise value

$3B

Trailing P/E

17.6

Forward P/E

15.0

Dividend yield

Beta

2.24

Avg volume

3M

Employees

1K

2D change

3.29%

5D change

-2.42%

10D change

-9.66%

30D change

6.87%

60D change

39.28%

MTD change

-8.73%

YTD change

14.05%

Analyst Outlook

Consensus ratingStrong Buy
Recommendation mean (1–5)1.47
Covering analysts15
Mean price target$22.40
Low price target$17.00
Upside to mean target+25.0%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)50.8
50-day MA$16.98
200-day MA$15.13
Price vs 50-day MA+10.6%
Price vs 200-day MA+24.1%
MACD histogram-0.41
Volume vs 3-month avg0.1×
52w low $11.2052w high $26.52

Analyst sentiment over time — MGNI

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-17

Latest call per bank · past 12 months

Wells Fargo

Equal-Weight

$21.00

+17.2% vs price
▲ raised from $15.00Maintains · 2026-07-17

RBC Capital

Outperform

$20.00

+11.6% vs price
▼ cut from $23.00Maintains · 2026-05-07

Recent rating actions

DateFirmActionRatingPrice target
2026-07-17Wells FargoMaintainsEqual-Weight$15.00 $21.00
2026-06-09BTIGInitiatesBuy$0.00 $20.00
2026-05-08Wells FargoMaintainsEqual-Weight$13.00 $15.00
2026-05-07ScotiabankMaintainsSector Outperform$16.00 $17.00
2026-05-07RBC CapitalMaintainsOutperform$23.00 $20.00
2026-05-07Evercore ISI GroupMaintainsOutperform$20.00 $21.00
2026-04-16NeedhamReiteratesBuy$25.00
2026-02-27Wells FargoMaintainsEqual-Weight$20.00 $13.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-27

  • RSI (14): RSI is 51 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 10.6% above the 50-day MA ($16.98).
  • Price vs 200-day MA: Trading 24.1% above the 200-day MA ($15.13).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is negative (-0.41) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($11.20) and high ($26.52).

MGNI Price Chart

Loading chart for MGNI

Fundamentals

Revenue (TTM)$1.0B
EBITDA$0M
Free cash flow$0M
Operating cash flow$0M
Book value / share$6.40
Net debt / EBITDA1.7
WACC19.0%
Revenue growth6.00%
Earnings growth

About Magnite, Inc.

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.