Lumida
/MGNI
⌘K
Magnite Inc

Magnite Inc

MGNI
$23.77USD+0.93%+0.22 today

MARKET CAP

3.4B

P/E (TTM)

25.3x

FWD P/E

18.7x

DAY RANGE

$24 – $24

52W RANGE

$11
$26

AI Summary

Stalk
Buy NowMedium

MGNI remains in a Stage 2 advance above rising 50 and 200 SMAs, consolidating in a narrow range around converged 9- and 20-day EMAs. The intermediate trend is bullish, and pullback into EMAs from neutral momentum and subdued volume provides a favorable Buy Now entry, anticipating further upside toward the 52-week high. Key risk is a break below the 50 SMA and EMAs.

  • Q2 revenue $193M (+11% YoY); contribution ex-TAC $190M (+17%).
  • CTV ex-TAC up 36% YoY to $97M, driving segment momentum.
  • Macroeconomic headwinds and inflation risk could dampen ad spending and growth.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$468.4M$577.1M$619.7M$668.2M$714.0M
YoY %+111.4%+23.2%+7.4%+7.8%+6.9%
P / Sales5.1x2.3x2.0x3.5x3.5x
EV / Sales8.5x5.1x4.7x5.9x5.9x
Gross Profit, Adj.$266.8M$269.9M$209.8M$409.3M$447.3M
YoY %+85.4%+1.2%-22.3%+95.1%+9.3%
Margin %56.9%46.8%33.9%61.3%62.7%
EV / Gross Profit14.9x10.8x13.9x9.6x9.4x
EBITDA, Adj.$104.0M$116.1M$98.6M$114.6M$152.5M
YoY %+2185.7%+11.6%-15.1%+16.3%+33.0%
Margin %22.2%20.1%15.9%17.2%21.4%
EV / EBITDA38.3x25.1x29.6x34.4x27.4x
EBIT$-81.1M$-107.5M$-149.7M$56.1M$98.7M
YoY %-49.5%-32.6%-39.3%+137.5%+75.8%
Margin %-17.3%-18.6%-24.2%8.4%13.8%
EV / EBIT-49.2x-27.1x-19.5x70.2x42.4x
Net Income$65,000$-130.3M$-159.2M$22.8M$144.6M
YoY %+100.1%-200596.9%-22.1%+114.3%+534.7%
Net Margin0.0%-22.6%-25.7%3.4%20.3%
EPS (GAAP)-$0.98-$1.17$0.16$0.95
YoY %-19.4%+113.7%+493.7%