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Smart Investors Daily
MG

NASDAQ · MGNI

Magnite, Inc.

Communication Services · Advertising Agencies

$23.71

Up+$0.03 (+0.14%)

Updated Sep 16, 2026, 2:09 PM

SID Score

4.8/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
2.27B
P/E ratio
52.59
Dividend yield
0.00%
52-week range
$10.82 – $26.19
Volume
1.47M
Avg. volume
2.89M

Price performance

MGNI price history

1M range · 20 trading sessions · Daily adjusted prices

MGNI closed at $23.71 after 20 trading sessions, down 3.34% for the selected period.

Last close
$23.71
Period change
-3.34%
Period low
$22.89
Period high
$24.88
Daily close
View OHLC price history
MGNI OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 15, 2026$23.45$23.735$23.17$23.711.47M
Sep 14, 2026$23.89$24.39$23.665$23.841.4M
Sep 11, 2026$23.80$24.1225$23.55$23.771.23M
Sep 10, 2026$23.39$23.66$23.095$23.551.63M
Sep 9, 2026$23.46$24.00$23.05$23.581.61M
Sep 8, 2026$23.91$24.09$23.455$23.702.14M
Sep 4, 2026$24.44$24.55$24.00$24.141.94M
Sep 3, 2026$25.12$25.7928$24.22$24.632.92M
Sep 2, 2026$22.92$25.22$22.44$24.885.9M
Sep 1, 2026$23.42$23.42$22.73$22.891.81M
Aug 31, 2026$23.70$23.92$23.205$23.491.67M
Aug 28, 2026$23.58$24.2199$23.20$23.701.66M
Aug 27, 2026$23.38$23.87$23.17$23.362.04M
Aug 26, 2026$23.31$23.87$23.07$23.381.62M
Aug 25, 2026$23.52$24.13$23.3185$23.892.01M
Aug 24, 2026$23.50$23.917$23.50$23.561.2M
Aug 21, 2026$23.48$23.73$23.12$23.501.56M
Aug 20, 2026$24.02$24.105$23.185$23.352.45M
Aug 19, 2026$24.55$24.874$23.765$23.852.32M
Aug 18, 2026$24.25$25.36$24.2101$24.532.63M

Latest MGNI news

The latest Smart Investors Daily articles mentioning MGNI.

MGNI research

Overview

Company profile and research snapshot.

Company profile

Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
$30.00
Implied upside
Analysts
MGNI recent ratings
DateFirmRatingTarget
Sep 9, 2026BTIGBuy
Sep 3, 2026NeedhamBuy
Aug 7, 2026Wells FargoEqual-Weight
Aug 6, 2026RosenblattBuy
Aug 6, 2026SusquehannaPositive
Open full forecast

News briefing

Generated Sep 15, 2026, 9:20 PM

Why Is MGNI Down Today?

Magnite shares declined 0.55% today as the programmatic advertising sector faces scrutiny over competitive dynamics and growth sustainability. The modest selloff reflects broader investor caution regarding The Trade Desk's competitive positioning and its potential impact on rival ad tech platforms like Magnite.

    Bottom line: Magnite's modest decline reflects competitive concerns in the programmatic advertising sector rather than company-specific negative news. Investors should monitor how Magnite responds to competitive threats from The Trade Desk and other larger platforms, while watching for any announcements regarding product innovation or strategic initiatives that could strengthen its market position.

    Yahoo · Sep 11, 2026

    Should You Buy AppLovin Stock For Its Widening Margin?

    AppLovin (APP) stock trades at $312.01, at about 43% of its 52-week high, after a 44.6% fall over the past three months. After the June quarter, the market treated one light quarter of model improvement as the growth engine breaking, though year-over-year revenue growth had already slowed in each of the last three quarters. One number argues the operating business kept getting more profitable straight through it: an operating margin of 77.4% over the trailing twelve months, up from 69.6% a year

    Yahoo · Sep 11, 2026

    Why Is AppLovin Stock Trading Near Its Low While Revenue Keeps Growing?

    AppLovin (APP) stock has lost about 55% since mid-December 2025, falling to $305 by September 9, 2026, while the S&P 500 gained 12.5%. The business did not shrink: second-quarter revenue grew 53% year over year. A single report cannot account for a nine-month slide, but the August one shows why growth that fast is hard to price. It arrives in steps the company cannot schedule.

    AI research layers

    Interpretive context generated from the platform’s current data sources.

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