Magnite Inc MGNI

$24.73 -0.71 (-2.79%)

Valuation

Market cap
3,648,707,000
Revenue TTM
$713,950,000
Net income TTM
$144,610,000
PE ratio
45.93
Forward PE
41.64
Profit margin
20.25%
Debt to equity
0.37

Trading

Volume
1,543,500
Avg volume
2,506,238
Day's range
$24.59 – $25.90
Shares out
143,424,000
Stochastic %K
50%
Beta
2.33
Analysts
Strong Sell
Price target
$30.07

Price

Company profile

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyer...

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Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory, or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that brings buyers and sellers together. It markets its solutions through sales teams that operate from various locations. Magnite, Inc. was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. The company was incorporated in 2007 and is headquartered in New York, New York.

Industry
Advertising Agencies
Sector
Communication Services
Phone
212 243 2769
Website
https://www.magnite.com
Address
1250 Broadway, 9th Floor, New York, United States

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