Magnite, Inc. logo MGNI - Magnite, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 18
HOLD 9
SELL 4
STRONG
SELL 0
| PRICE TARGET: $19.00 DETAILS
HIGH: $21.00
LOW: $16.00
MEDIAN: $20.00
CONSENSUS: $19.00
UPSIDE: 43.94%

Stock News

Magnite Reports First Quarter 2026 Results

Magnite Reports First Quarter 2026 Results

Contribution ex-TAC (1) Grows 10% Year-Over-Year Contribution ex-TAC (1) from CTV Grows 30% Year-Over-Year and Now Over 50% of Total NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2026. Q1 2026 Highlights: Revenue of $164.4 million, up 6% year-over-year Contribution ex-TAC(1) of $160.9 million, up 10% year-over-year, at the high end of the guidance range of $157 to $161 million Contribution ex-TAC(1) attributable to CTV of $82.3 million, up 30% year-over-year, within the guidance range of $81 to $83 million Contribution ex-TAC(1) attributable to DV+ of $78.6 million, down 5% year-over-year, exceeded high end of guidance of $76 to $78 million Net income of $4.4 million, or $0.03 per diluted share, compared to a net loss of $9.6 million, or $0.07 per share for Q1 2025 Adjusted EBITDA(1) of $42.9 million, up 16% year-over-year, representing a 27% Adjusted EBITDA margin(2), compared to Adjusted EBITDA(1) of $36.8 million or a 25% margin in Q1 2025 Non-GAAP earnings per share(1) of $0.13, compared to non-GAAP earnings per share(1) of $0.12 for Q1 2025 Operating cash flow(3) of $23.3 million Q2 2026 Expectations: Total Contribution ex-TAC(1) to be between $177 million and $181 million Contribution ex-TAC(1) attributable to CTV to be between $90 million and $92 million Contribution ex-TAC(1) attributable to DV+ to be between $87 million and $89 million Adjusted EBITDA operating expenses(4) to be between $115 million and $117 million Full-Year 2026 Expectations: Reaffirm total Contribution ex-TAC(1) growth of at least 11% Reaffirm Adjusted EBITDA(1) percentage growth in the mid-teens Raise Adjusted EBITDA margin(2) to be at least 35.5% from greater than 35% Raise free cash flow(5) growth to be in the mid 30% range from greater than 30% “Magnite once again exceeded total top and bottom line expectations, with growth paced by CTV at 30%.

May 06, 2026 12:05 PM • globenewswire.com
Hearst News Selects Magnite as Preferred Deal Partner for High-Impact Formats Across Web and CTV Supply, Announces SpringServe Partnership

Hearst News Selects Magnite as Preferred Deal Partner for High-Impact Formats Across Web and CTV Supply, Announces SpringServe Partnership

NEW YORK, April 21, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced that Hearst News has selected Magnite as a preferred deal partner for high-impact advertising formats across web and CTV inventory. Hearst News is also deepening its relationship with Magnite through a new SpringServe partnership.

Apr 21, 2026 04:00 AM • globenewswire.com
AMC Global Media's Unified Streaming and Linear Programmatic Buying Capabilities Now Available Through Magnite

AMC Global Media's Unified Streaming and Linear Programmatic Buying Capabilities Now Available Through Magnite

NEW YORK, April 15, 2026 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, today announced a collaboration with AMC Global Media to extend the company's unified linear and streaming offering to buyers programmatically. Enabled by ClearLine, Magnite's activation and curation solution, advertisers will be able to buy AMC's TV content through a single access point.

Apr 15, 2026 04:00 AM • globenewswire.com
Critical Contrast: Magnite (NASDAQ:MGNI) & Cloudastructure (NASDAQ:CSAI)

Critical Contrast: Magnite (NASDAQ:MGNI) & Cloudastructure (NASDAQ:CSAI)

Cloudastructure (NASDAQ: CSAI - Get Free Report) and Magnite (NASDAQ: MGNI - Get Free Report) are both small-cap computer and technology companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, risk, earnings, institutional ownership, valuation, dividends and profitability. Profitability This table compares Cloudastructure and Magnite's

Apr 05, 2026 09:24 PM • defenseworld.net
As Digital Ad Spend Hits a High, These Firms Could Reap Rewards

As Digital Ad Spend Hits a High, These Firms Could Reap Rewards

The digital ad spending market could roughly triple to about $1.6 trillion in the next decade or so, potentially creating ample new opportunities for companies in this fast-growing space. Indeed, the world of digital advertising that was once dominated by major tech players like Alphabet NASDAQ: GOOG has given way to one in which AI-driven targeting and other innovations have made space for a number of smaller competitors to gain traction.

Apr 05, 2026 06:39 AM • marketbeat.com
Magnite Inc: Seems Like The Worst Has Been Priced In (Rating Upgrade)

Magnite Inc: Seems Like The Worst Has Been Priced In (Rating Upgrade)

Magnite Inc. (MGNI) is upgraded to a buy as CTV growth and operational improvements outweigh recent share price declines and sector headwinds. CTV revenue grew 32% to $93.6M, soon to surpass 50% of business, driving profitability and healthy 43% adjusted EBITDA margins. Strong financial position with $553M cash, 5x interest coverage, and capex investments supporting future CTV-driven scalability.

Mar 25, 2026 08:41 AM • seekingalpha.com

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