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Magnite stock

MGNINASDAQ

Magnite, Inc., Communication ServicesISIN US55955D1000

$29.34▲ $0.13 (+0.4%)Closing price of 12 Nov 2026

67Score 67 out of 100, Neutral

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Price and trend

82 / 100

Price history

+106% in one year

The chart shows daily closes over 13 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 62% above it.

Trend change

Since July 2026 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Overheated: the price has risen very quickly lately (RSI 76).

Distance to the high

The price is at its 52-week high. Largest decline in 13 years: 93% (April 2014 to March 2018).

Chart figures for advanced users
SMA 50$24.48
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$18.12
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)76
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$11.20
The lowest closing price of the last twelve months.
Resistance$29.34
The highest closing price of the last twelve months.
Market cap
$4.21B
Div. yield
no dividend
24.5
includes one-off items, adjusted 27.7
21.7
on earnings for the next twelve months ($1.35 per share)
Fair value
$16.91

Snapshot

Computed from the data by fixed rules, no AI

  • Magnite, Inc. belongs to the Advertising Agencies industry (United States) and, with a market value of $4.21B, is number 9 of 23 companies in its industry on MEQIRI.
  • In fiscal 2025 it reported revenue of $713.95M (up 6.9% year on year) and earnings of $144.61M (up 534.7%).
  • For fiscal 2026, analysts expect on average revenue of $763.67M (up 7%) and adjusted earnings per share of $1.14 (up 33%).
Show more
  • MEQIRI Score 67 out of 100 (Neutral): rank 56 of 232 in Communication Services, median 58.
  • Our model puts fair value at $16.91, with the price 73% above it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Growing faster than its industryRevenue up 26.4% a year since 2020, Advertising Agencies median 10%.Growth 70
  • High marginNet margin 23.6% over the last 12 months, Advertising Agencies median 6.1%.Profitability 84
  • Earnings turn into cashFree cash flow 128% of earnings over the last 12 months.Fundamentals 59

Weaknesses

  • DilutionShare count up 47% since 2020.Capital allocation 42
  • Above fair valuePrice 73% above the fair value of $16.91.Valuation 30
  • Volatile share priceVolatility 59% a year over the last 12 months.Stability 53
67/ 100
MEQIRI Score
Neutral

Its standout strengths are momentum and profitability, while capital allocation and valuation hold the score back.

Daily figure as of 13 Nov 2026

How the score is calculated

Score overview

The fundamentals are in the middle range.

Profit consistency30% of years
Cash conversion (free cash flow to earnings, 12 months)128%
ROIC (12 months)13.9%
Positive free cash flow70% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk medium

How well MEQIRI warns

In the middle among smaller stocks.

From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.

What drives the risk

  • price up very strongly over the past year
  • high price swings

What lowers it

  • price near its 52-week high
  • stable momentum

Valuation

Valuation signal

Significantly overvalued
Price
$29.34
Fair value
$16.91
Gap to fair value
+73%

In our model the price counts as cheap below $12.08 and expensive above $28.19 (uncertainty high, based on the price swings of the past year).

Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $14.47, at 7.8% it would be $20.56.

Valuation metrics

2.58
22.7
Fair value (model)
$16.91

From the cash-flow model alone; the profit includes one-off items, so there is no industry value.

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

15 years

In the twelve months to 30 Sep 2026, revenue rose 9.1% on the twelve months before. Revenue has grown strongly since 2011, at around 24% per year.

Margins

15 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 63%, operating 14%, net 20%.

Debt & balance sheet

latest quarter
0.43
4.7x
1.04
Cash & equivalents
$392.86M

Moderate debt, and interest is adequately covered.

Earnings

Next earnings
24 Feb 2027in 103 days
Last reported
4 Nov 2026EPS reported $0.33 (expected $0.29)above expectations

Analyst estimates

Earnings estimates have barely changed since 15 Oct 2026.

Fiscal 20268 analysts
Earnings per share
$1.14+0.9%
Revenue
$763.67M+0.4%
Fiscal 20278 analysts
Earnings per share
$1.38+0.3%
Revenue
$847.48M+0.5%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

Company outlook raised

Share price after the results: +2.9%

2026 adjusted EBITDA margin raised to at least 35.5% (from above 35%), free cash flow growth raised to the mid 30% range (from above 30%).

Supporting passage from the call, verbatim
“And for the full year 2026, we reaffirm total contribution ex-TAC growth to be at least 11%, reaffirm Adjusted EBITDA percentage growth in the mid-teens, raise Adjusted EBITDA margin to be at least 35.5% from greater than 35%, raise free cash flow growth to be in the mid-30% range from greater than 30%, and reaffirm …”

The outlook is not part of the score and not a recommendation to buy or sell.

From the earnings call on 6 May 2026 (fiscal Q1 2026), read by AI.

Insiders

Open-market purchases and sales by executives, board members and major holders

All insider purchases

No open-market purchases in the last 6 months. 14 insiders sold, $29.01M in total.

Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.

  • Sullivan HaasSale

    11 Nov 2026, CHIEF ACCOUNTING OFFICER

    Shares
    2,427
    Price
    $29.59
    Value
    $71,815
  • Rossman JamesSale

    11 Nov 2026, Board

    Shares
    49,190
    Price
    $29.05
    Value
    $1.43M
  • Saltz AaronSale

    9 Nov 2026, CHIEF LEGAL OFFICER

    Shares
    9,597
    Price
    $28.75
    Value
    $275,916
Show 46 more
  • Buonasera DavidSale

    9 Nov 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    871
    Price
    $29.00
    Value
    $25,259
  • Gephart BrianSale

    9 Nov 2026, CHIEF FINANCIAL OFFICER

    Shares
    3,700
    Price
    $28.78
    Value
    $106,486
  • Evans Katie SeitzSale

    9 Nov 2026, See Remarks

    Shares
    26,178
    Price
    $28.96
    Value
    $758,115
  • Buckley Sean PatrickSale

    5 Nov 2026, See Remarks

    Shares
    10,991
    Price
    $27.00
    Value
    $296,757
  • Buonasera DavidSale

    5 Nov 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    5,706
    Price
    $27.25
    Value
    $155,496
  • Caine PaulSale

    12 Oct 2026, Board

    Shares
    12,500
    Price
    $25.29
    Value
    $316,125
  • Caine PaulSale

    17 Sept 2026, Board

    Shares
    7,500
    Price
    $26.50
    Value
    $198,750
  • Knopper Douglas SSale

    17 Sept 2026, Board

    Shares
    37,337
    Price
    $26.28
    Value
    $981,216
  • Buonasera DavidSale

    14 Sept 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    1,165
    Price
    $24.00
    Value
    $27,960
  • Spillane Robert FSale

    14 Sept 2026, Board

    Shares
    10,363
    Price
    $23.76
    Value
    $246,225
  • Evans Katie SeitzSale

    11 Sept 2026, See Remarks

    Shares
    13,997
    Price
    $24.00
    Value
    $335,928
  • Saltz AaronSale

    10 Sept 2026, CHIEF LEGAL OFFICER

    Shares
    40,000
    Price
    $23.41
    Value
    $936,400
  • Caine PaulSale

    10 Sept 2026, Board

    Shares
    5,000
    Price
    $23.53
    Value
    $117,650
  • Evans Katie SeitzSale

    9 Sept 2026, See Remarks

    Shares
    11,100
    Price
    $23.46
    Value
    $260,406
  • Evans Katie SeitzSale

    8 Sept 2026, See Remarks

    Shares
    32,285
    Price
    $23.63
    Value
    $762,895
  • Buonasera DavidSale

    2 Sept 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    1,043
    Price
    $25.00
    Value
    $26,075
  • Buonasera DavidSale

    1 Sept 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    5,371
    Price
    $23.42
    Value
    $125,789
  • Harden Sarah PatriciaSale

    28 Aug 2026, Board

    Shares
    18,436
    Price
    $24.00
    Value
    $442,464
  • Harden Sarah PatriciaSale

    26 Aug 2026, Board

    Shares
    30,550
    Price
    $23.31
    Value
    $712,121
  • Buckley Sean PatrickSale

    18 Aug 2026, See Remarks

    Shares
    2,759
    Price
    $25.00
    Value
    $68,975
  • Buckley Sean PatrickSale

    17 Aug 2026, See Remarks

    Shares
    8,271
    Price
    $24.31
    Value
    $201,068
  • Caine PaulSale

    14 Aug 2026, Board

    Shares
    7,500
    Price
    $25.00
    Value
    $187,500
  • Gephart BrianSale

    10 Aug 2026, CHIEF ACCOUNTING OFFICER

    Shares
    12,479
    Price
    $24.68
    Value
    $307,982
  • Lam RachelSale

    10 Aug 2026, Board

    Shares
    10,000
    Price
    $24.16
    Value
    $241,600
  • Caine PaulSale

    10 Aug 2026, Board

    Shares
    5,000
    Price
    $24.35
    Value
    $121,750
  • Buckley Sean PatrickSale

    6 Aug 2026, See Remarks

    Shares
    67,179
    Price
    $24.49
    Value
    $1.65M
  • Knopper Douglas SSale

    6 Aug 2026, Board

    Shares
    37,337
    Price
    $22.72
    Value
    $848,297
  • Buonasera DavidSale

    6 Aug 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    7,649
    Price
    $23.46
    Value
    $179,478
  • Evans Katie SeitzSale

    6 Aug 2026, See Remarks

    Shares
    20,000
    Price
    $24.00
    Value
    $480,000
  • Barrett Michael G.Sale

    6 Aug 2026, CEO

    Shares
    293,968
    Price
    $22.72
    Value
    $6.68M
  • Barrett Michael G.Sale

    15 Jul 2026, CEO

    Shares
    38,596
    Price
    $20.35
    Value
    $785,429
  • Caine PaulSale

    10 Jul 2026, Board

    Shares
    5,000
    Price
    $20.64
    Value
    $103,200
  • Buonasera DavidSale

    7 Jul 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    1,224
    Price
    $21.00
    Value
    $25,704
  • Buckley Sean PatrickSale

    7 Jul 2026, See Remarks

    Shares
    19,233
    Price
    $21.03
    Value
    $404,470
  • Buonasera DavidSale

    1 Jul 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    9,376
    Price
    $20.00
    Value
    $187,520
  • Barrett Michael G.Sale

    29 Jun 2026, CEO

    Shares
    75,000
    Price
    $19.50
    Value
    $1.46M
  • Buckley Sean PatrickSale

    17 Jun 2026, See Remarks

    Shares
    19,233
    Price
    $19.00
    Value
    $365,427
  • Buonasera DavidSale

    17 Jun 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    1,409
    Price
    $19.00
    Value
    $26,771
  • Knopper Douglas SSale

    16 Jun 2026, Board

    Shares
    37,337
    Price
    $18.10
    Value
    $675,800
  • Buonasera DavidSale

    16 Jun 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    11,233
    Price
    $18.00
    Value
    $202,194
  • Barrett Michael G.Sale

    16 Jun 2026, CEO

    Shares
    100,000
    Price
    $17.50
    Value
    $1.75M
  • Buonasera DavidSale

    15 Jun 2026, CHIEF TECHNOLOGY OFFICER

    Shares
    1,057
    Price
    $17.00
    Value
    $17,969
  • Barrett Michael G.Sale

    15 Jun 2026, CEO

    Shares
    178,596
    Price
    $16.59
    Value
    $2.96M
  • Knopper Douglas SSale

    10 Jun 2026, Board

    Shares
    10,766
    Price
    $15.73
    Value
    $169,349
  • Pearson David T.Sale

    10 Jun 2026, Board

    Shares
    10,766
    Price
    $15.65
    Value
    $168,488
  • Spillane Robert FSale

    19 May 2026, Board

    Shares
    10,000
    Price
    $13.33
    Value
    $133,300

Partial trades from one filing are shown in one row, with the average price.

Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.

What happened at Magnite

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

232 rated companies in Communication Services

Rank 56 of 232
56/ 232
This company
67
Sector median
58

Categories against the sector median

ProfitabilityMedian of 232 companies84 (median 53)31 above the median
GrowthMedian of 232 companies70 (median 54)16 above the median
FundamentalsMedian of 232 companies59 (median 71)12 below the median
ValuationMedian of 223 companies with a value30 (median 76)46 below the median
StabilityMedian of 232 companies53 (median 57)4 below the median
Capital allocationMedian of 232 companies42 (median 53)11 below the median
Technical analysisMedian of 232 companies82 (median 60)22 above the median
MomentumMedian of 232 companies96 (median 57)39 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Advertising Agencies

The next larger and next smaller companies by market value

All 23 Advertising Agencies stocks

ETFs that hold Magnite

Held by 12 ETFs on Xetra. Shown per index: the ETF with the largest weight.

Show 5 more

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 27 Feb 2026)
  • Valuation signal Overvalued since 10 Nov 2026, previously Fairly valued
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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