MGNI

Magnite Inc. Common Stock (MGNI)

Stock · NASDAQ · Technology

$23.38as of 10/16/2026

AI Market Commentary

AI-generatedAll commentary →

Synthesized from recent news and fundamentals/technical data -- not human analyst commentary or trader sentiment.

October 16, 2026

Magnite Expands LG Ad Solutions Partnership for Agentic Buying. Magnite announced an expanded partnership with LG Ad Solutions to advance agentic buying features on home screens. This move aims to integrate AI-driven ad purchasing into consumer devices. The stock is currently trading near its support level, reflecting recent downward pressure.

Active signals

Support level
$23.06
Industry
Computer Software: Programming Data Processing

What MGNI's price did in the 20 trading sessions after each past signal, compared with any 20-session window over the same period.

SignalTimesMedian 20-session returnHigher after 20 sessions
Volume Spike34+2.3%59%
Bollinger Band Breakout23+7.3%65%
Bollinger Band BreakdownActive now17+3.6%65%
200-Day Moving Average TouchActive now10+8.6%60%
Any 20-session window (baseline)+2.3%54%

Computed by MarketWall from daily closing prices since May 18, 2022. Returns are close-to-close and don't include dividends. Past results describe what happened before; they are not a forecast and not investment advice.

About MGNI

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 buyer…

Sector
Technology
Industry
Computer Software: Programming Data Processing
Employees
971

Fundamentals

1-day range
$23.66$24.57
Market cap
$3.48B
P/E (trailing)
21.07
P/E (forward)
18.52
EPS (trailing)
$1.04
Dividend yield
—
Beta
2.39
Avg. volume
2.41M
52-week range
$10.82$26.84
Next earnings: November 4, 2026 · EPS estimate $0.28After Closeconfirmed

How Magnite Inc. Common Stock Makes Money

Where the revenue actually goes — FY2025 annual results

market-wall.comTotalRevenue$713.95MNet Income$144.61M (20%)Cost of Revenue$266.62M (37%)SG&A$264.86M (37%)R&D$84.71M (12%)MGNI

Source: 10-K filed Feb 25, 2026 · via SEC EDGAR / Finnhub

Gross Profit$447.33M(63%)
Operating Income$97.60M(14%)

Forecasts

15 analyst ratings

Buy 86%
Hold 14%
Sell 0%
1-year price forecast
High
$43
+83.9%
Median
$28
+19.8%
Low
$21
-10.2%

Magnite Inc. Common Stock Competitors

Chosen by industry and closest market cap.

  • MGNI
    Magnite Inc. Common Stock
    $23.37
    ▼ 4.53%
    Market cap $3.48BP/E 21.07
    $10.82$26.84
  • NIQ
    NIQ Global Intelligence plc Ordinary Shares
    $18.6
    ▼ 1.80%
    Market cap $3.44BP/E —
    $7.93$19.69
  • WIX
    Wix.com Ltd. Ordinary Shares
    $75.01
    ▼ 7.55%
    Market cap $3.35BP/E —
    $40.16$148.33
  • PPLI
    People Incorporated Common Stock
    $38.76
    ▼ 3.49%
    Market cap $3.20BP/E 8.91
    $35.38$48.32
  • GRND
    Grindr Inc. Common Stock
    $14.09
    ▼ 6.69%
    Market cap $3.05BP/E 27.46
    $9.73$18.5
  • SRAD
    Sportradar Group AG Class A Ordinary Shares
    $11.91
    ▼ 1.89%
    Market cap $3.96BP/E 197.77
    $11.39$27.85
  • DJT
    Trump Media & Technology Group Corp. Common Stock
    $6.99
    ▼ 5.54%
    Market cap $2.74BP/E —
    $6.96$17.09

P/E shows — for peers not currently carrying a live signal of their own.

Latest news

Insider Activity

Insider Actions →
Acquired
113.2K
Disposed
165.2K

Institutional Ownership

March 31, 2026

Total shares held
127.72M
Total value held
$1.51B
Institutional holders
286
Top holders this quarter
  • Unknown11.66M
  • Unknown9.19M
  • Unknown6.19M
  • Unknown5.02M
  • Unknown4.72M
  • Unknown4.63M
  • Unknown4.51M
  • Unknown3.98M
  • Unknown3.59M
  • Unknown3.55M

See the full, filterable feed with live charts on the MarketWall dashboard.

We use analytics to understand how market-wall is used. No personal data is sold.