Magnite, Inc. (MGNI) Research

Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.

Market snapshot

Symbol
MGNI
Price
$17.89
Day change
-1.92%
Market cap
$2.6B
P/E ratio
16.19x
52-week range
10.82-26.65
Sector
Communication Services
Industry
Advertising Agencies
Next earnings
in 2 months
Analyst price target
$19.25

Peer companies

  • Atlanta Braves Holdings, Inc. (BATRA)
  • Cimpress plc (CMPR)
  • Genius Sports Limited (GENI)
  • IAC InterActive Corp. (IAC)
  • Integral Ad Science Holding Corp. (IAS)
  • IHS Holding Limited (IHS)
  • Madison Square Garden Entertainment Corp. (MSGE)
  • Sphere Entertainment Co. (SPHR)

Recent insider activity

  • Buckley Sean Patrick — S-Sale (19233 shares) on 2026-06-17
  • Knopper Douglas S — S-Sale (37337 shares) on 2026-06-16
  • Buonasera David — S-Sale (1057 shares) on 2026-06-15
  • Buonasera David — S-Sale (11233 shares) on 2026-06-16
  • Buonasera David — S-Sale (1409 shares) on 2026-06-17

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