Wall Street analyst estimates for Magnite, Inc. (MGNI): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
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.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 19 |
| Hold | 9 |
| Sell | 4 |
| Strong Sell | 0 |
| Total analysts | 32 |
| Avg rating (1-5) | 0.47 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-04 | $0.26 | ||
| 2026-08-05 | $0.26 | $0.24 | +7.0% |
| 2026-05-06 | $0.13 | $0.11 | +23.0% |
| 2026-02-25 | $0.34 | $0.35 | -2.9% |
| 2025-11-05 | $0.20 | $0.20 | +0.0% |
| 2025-08-06 | $0.20 | $0.17 | +17.6% |
| 2025-05-07 | $0.12 | $0.06 | +100.0% |
| 2025-02-26 | $0.34 | $0.39 | -12.8% |
Valuation Ratios
| P/E Ratio | 23.13 |
| Price / Book | 3.78 |
| EV / EBITDA | 23.27 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $278.2M | $155.5M | $124.7M | $156.4M | $221.6M | $468.4M | $577.1M | $619.7M | $668.2M | $714.0M |
| Cost of Revenue | $73.2M | $56.8M | $60.0M | $57.4M | $77.7M | $201.7M | $307.2M | $409.9M | $258.8M | $266.6M |
| Gross Profit | $205.0M | $98.7M | $64.7M | $99.0M | $143.9M | $266.8M | $269.9M | $209.8M | $409.3M | $447.3M |
| Research & Development | $51.2M | $47.5M | $37.9M | $40.2M | $51.5M | $74.4M | $93.8M | $94.3M | $95.2M | $84.7M |
| Selling, General & Admin | $151.9M | $107.4M | $87.0M | $84.3M | $129.0M | $235.2M | $281.5M | $263.0M | $263.0M | $264.9M |
| Operating Expenses | $203.1M | $154.9M | $124.8M | $126.6M | $198.1M | $347.8M | $382.7M | $364.8M | $358.2M | $349.6M |
| Operating Income | -$24.9M | -$157.0M | -$63.6M | -$27.6M | -$54.2M | -$81.1M | -$112.8M | -$155.0M | $51.1M | $97.8M |
| EBITDA | $44.7M | -$30.8M | -$26.1M | $6.6M | $12.6M | $71.7M | $109.7M | $115.6M | $112.0M | $143.2M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | $19.8M | $29.3M | $32.4M | $27.0M | $18.9M |
| Pre-tax Income | -$22.9M | -$156.5M | -$61.5M | -$27.0M | -$52.7M | -$95.0M | -$135.6M | -$157.5M | $26.5M | $70.6M |
| Income Tax | -$4.9M | -$1.8M | $357,000 | -$1.5M | $693,000 | -$95.1M | -$5.3M | $1.6M | $3.7M | -$74.0M |
| Net Income | -$18.1M | -$154.8M | -$61.8M | -$25.5M | -$53.4M | $65,000 | -$130.3M | -$159.2M | $22.8M | $144.6M |
| EPS | $-0.39 | $-3.17 | $-1.23 | $-0.48 | $-0.55 | $0.00 | $-0.98 | $-1.17 | $0.16 | $1.01 |
| EPS (Diluted) | $-0.39 | $-3.17 | $-1.23 | $-0.48 | $-0.55 | $0.00 | $-0.98 | $-1.17 | $0.16 | $0.95 |
| Shares Outstanding (Diluted) | $46.7M | $48.9M | $50.3M | $52.6M | $96.7M | $136.3M | $132.9M | $136.6M | $146.8M | $153.8M |
Price
| Price | $24.96 |
| Market Cap | $3.6B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Communication Services · Advertising Agencies
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