Magnite, Inc. (NASDAQ:MGNI) Given Consensus Recommendation of “Moderate Buy” by Analysts

Magnite, Inc. (NASDAQ:MGNI) has been assigned a consensus recommendation of “Moderate Buy” from the eleven brokerages that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $24.80.

Several brokerages recently weighed in on MGNI. Wells Fargo & Company cut their target price on Magnite from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Friday, November 7th. Wall Street Zen downgraded Magnite from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $39.00 price objective on shares of Magnite in a research note on Thursday. Evercore reissued an “outperform” rating and set a $20.00 target price on shares of Magnite in a research report on Thursday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Magnite in a report on Thursday, January 22nd.

Magnite Stock Up 12.6%

Shares of MGNI opened at $13.48 on Friday. Magnite has a fifty-two week low of $8.22 and a fifty-two week high of $26.65. The company’s fifty day moving average is $14.31 and its two-hundred day moving average is $17.68. The firm has a market cap of $1.94 billion, a PE ratio of 14.34, a price-to-earnings-growth ratio of 0.65 and a beta of 2.39. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.43.

Magnite News Roundup

Here are the key news stories impacting Magnite this week:

• Positive Sentiment: Management emphasized strong CTV growth and strategic shifts that management says improve monetization and long‑term growth prospects — a bullish operational narrative for ad‑tech exposure. Earnings Highlights
• Positive Sentiment: Reported Q4 revenue of $205.36M, which was above the consensus cited in some market reports and shows year‑over‑year top‑line growth (~+5.9% YoY). This revenue strength helps offset a small EPS miss and supports the growth story. Earnings Report
• Positive Sentiment: Analyst support remains: Rosenblatt reaffirmed a Buy with a $39 target (large upside from current levels), and Benchmark kept a Buy rating while trimming its target slightly to $30 — these bullish notes can prompt buyers. Analyst Note
• Neutral Sentiment: Full earnings call transcript and slide deck are available for investors to review management’s detail on product metrics, customer trends and margin dynamics; these provide context but are informational rather than an immediate catalyst. Call Transcript Presentation
• Negative Sentiment: EPS missed slightly: reported $0.34 vs. consensus ~$0.35 — a small disappointment that tempers the beat in revenue. Earnings Result
• Negative Sentiment: Guidance disappointed analysts: Q1 2026 revenue guidance of $157.0M–$161.0M is below the consensus (~$163.8M), and FY‑2026 revenue guidance of $743.3M trails the ~$759.5M consensus — these misses are clear near‑term negatives for estimates. Guidance Details
• Negative Sentiment: Some outlets flagged that Q4 revenue missed certain calendar‑year estimates (contrasting coverage exists), which can create short‑term confusion/volatility even if headline revenue was up versus other consensus figures. Coverage

Insider Activity at Magnite

In other news, insider Adam Lee Soroca sold 21,529 shares of the firm’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $12.00, for a total value of $258,348.00. Following the transaction, the insider owned 388,425 shares of the company’s stock, valued at approximately $4,661,100. This trade represents a 5.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 3.80% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MGNI. Capital Research Global Investors boosted its position in shares of Magnite by 85.0% in the fourth quarter. Capital Research Global Investors now owns 12,920,289 shares of the company’s stock worth $209,696,000 after buying an additional 5,937,428 shares during the period. Wellington Management Group LLP boosted its holdings in Magnite by 67.7% in the 4th quarter. Wellington Management Group LLP now owns 8,629,238 shares of the company’s stock worth $140,053,000 after acquiring an additional 3,484,689 shares during the period. Ophir Asset Management Pty Ltd purchased a new position in Magnite in the 4th quarter worth approximately $38,695,000. American Century Companies Inc. grew its position in Magnite by 63.1% in the second quarter. American Century Companies Inc. now owns 4,829,197 shares of the company’s stock valued at $116,480,000 after acquiring an additional 1,868,188 shares in the last quarter. Finally, Frontier Capital Management Co. LLC raised its stake in shares of Magnite by 419.4% during the second quarter. Frontier Capital Management Co. LLC now owns 1,793,830 shares of the company’s stock valued at $43,267,000 after purchasing an additional 1,448,456 shares during the period. 73.40% of the stock is owned by hedge funds and other institutional investors.

Magnite Company Profile

Magnite, Inc (NASDAQ: MGNI) operates as an independent sell-side advertising platform that enables publishers and digital media owners to monetize their inventory through programmatic advertising. Formed in 2020 through the merger of Rubicon Project and Telaria, Magnite combines technologies for desktop, mobile, connected television (CTV) and digital out-of-home (DOOH) ad exchanges. The company provides an end-to-end solution designed to help media owners optimize yield across open marketplaces, private marketplaces and programmatic guaranteed deals.

At the core of Magnite’s offering is its supply-side platform (SSP), which connects publishers’ ad impressions to demand-side platforms (DSPs) through real-time bidding (RTB).