Magnite Inc [MGNI] stock is trading at $25.14, down -0.75%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MGNI shares have gain 15.11% over the last week, with a monthly amount glided 6.62%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Magnite Inc [NASDAQ: MGNI] stock has seen the most recent analyst activity on May 12, 2025, when Needham reiterated its Buy rating and also boosted its price target to $18 from $14. Previously, Needham reaffirmed its Buy rating on December 05, 2024, and elevated its price target to $20. On December 05, 2024, Scotiabank initiated with a Sector Outperform rating and assigned a price target of $22 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $13 on October 29, 2024. Lake Street initiated its recommendation with a Buy and recommended $21 as its price target on July 25, 2024. Wolfe Research started tracking with a Outperform rating for this stock on July 16, 2024, and assigned it a price target of $16. In a note dated May 24, 2024, BofA Securities upgraded a Buy rating on this stock and boosted its target price from $13 to $15.
Magnite Inc [MGNI] stock has fluctuated between $8.22 and $26.09 over the past year. Currently, Wall Street analysts expect the stock to reach $27 within the next 12 months. Magnite Inc [NASDAQ: MGNI] shares were valued at $25.14 at the most recent close of the market. An investor can expect a potential return of 7.4% based on the average MGNI price forecast.
Analyzing the MGNI fundamentals
Magnite Inc [NASDAQ:MGNI] reported sales of 685.07M for the trailing twelve months, which represents a growth of 6.42%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.79 points at the first support level, and at 24.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.75, and for the 2nd resistance point, it is at 26.37.
Ratios To Look Out For
For context, Magnite Inc’s Current Ratio is 1.00. In addition, the Quick Ratio stands at 1.00 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 5.23, the price to book ratio is 4.66 and price to earnings (TTM) ratio is 89.43.
Transactions by insiders
Recent insider trading involved Caine Paul, Director, that happened on Aug 25 ’25 when 7500.0 shares were sold. President, Operations, Evans Katie Seitz completed a deal on Aug 25 ’25 to sell 8345.0 shares. Meanwhile, Director DIANE YU bought 20000.0 shares on Aug 26 ’25.
