Magnite Inc

$23.94
(as of Jul 1, 10:23 AM EST)

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Ticker Information for Magnite Inc

Stock Price
$23.94
Ticker Symbol
MGNI
Exchange
NASDAQ

Industry Information for Magnite Inc

Sector
Communication Services
Industry
Advertising Agencies

Company Description for Magnite Inc

Country
USA
Full Time Employees
905

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. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.

Fundamentals for Magnite Inc

Market Capitalization
$2,977,442,304
EBITDA
$112,095,000
Dividends per Share
P/E Ratio
95.91
Forward P/E Ratio
21.1
Earnings per Share
$0.22
Earnings per Share Estimate Next Year
Profit Margin
4.58%
Shares Outstanding
141,111,008
Percent Owned by Insiders
1.56%
Percent Owned by Institutions
96.09%
52-Week High
52-Week Low

Technical Indicators for Magnite Inc

50-Day Moving Average
200-Day Moving Average
RSI
87.39
0.96

Analyst Ratings for Magnite Inc

Strong Buy
9
Buy
3
Hold
1
Sell
0
Strong Sell
0

News About Magnite Inc

Jun 30, 2025, 3:26 PM EST
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Palo Alto Networks, Inc (Symbol: PANW), where a total of 19,088 contracts have traded so far, representing approximately 1.9 million underlying shares. See more.
Jun 30, 2025, 3:19 PM EST
What Happened? See more.
Jun 30, 2025, 2:01 PM EST
Monday’s market has seen significant movements among stocks based on recent news and market dynamics. See more.
Jun 26, 2025, 8:24 AM EST
The Trade Desk (TTD) is benefiting from higher Connected TV (“CTV”) adoption amid the convergence of internet and television programming. See more.