The stock price of Magnite Inc (NASDAQ: MGNI) has jumped by 4.54 compared to previous close of 15.32. Despite this, the company has seen a fall of -1.80% in its stock price over the last five trading days. globenewswire.com reported 2025-05-14 that NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) — Redfin (NASDAQ: RDFN), the technology-powered real estate brokerage, has selected Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, as its preferred SSP to power data-driven deals. Leveraging Magnite’s programmatic technology, Redfin can connect advertisers with exclusive real estate audiences at key moments in their home-buying journey.
Is It Worth Investing in Magnite Inc (NASDAQ: MGNI) Right Now?
The price-to-earnings ratio for Magnite Inc (NASDAQ: MGNI) is 80.76x, which is above its average ratio. Moreover, the 36-month beta value for MGNI is 2.83. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MGNI is 136.60M and currently, short sellers hold a 12.08% of that float. On May 20, 2025, MGNI’s average trading volume was 2.83M shares.
MGNI’s Market Performance
The stock of Magnite Inc (MGNI) has seen a -1.80% decrease in the past week, with a 45.47% rise in the past month, and a -16.06% fall in the past quarter. The volatility ratio for the week is 3.87%, and the volatility levels for the past 30 days are at 4.69% for MGNI. The simple moving average for the past 20 days is 16.15% for MGNI’s stock, with a 11.70% simple moving average for the past 200 days.
Analysts’ Opinion of MGNI
Many brokerage firms have already submitted their reports for MGNI stocks, with Needham repeating the rating for MGNI by listing it as a “Buy.” The predicted price for MGNI in the upcoming period, according to Needham is $18 based on the research report published on May 12, 2025 of the current year 2025.
Needham, on the other hand, stated in their research note that they expect to see MGNI reach a price target of $20, previously predicting the price at $17. The rating they have provided for MGNI stocks is “Buy” according to the report published on December 05th, 2024.
Scotiabank gave a rating of “Sector Outperform” to MGNI, setting the target price at $22 in the report published on December 05th of the previous year.
MGNI Trading at 29.14% from the 50-Day Moving Average
After a stumble in the market that brought MGNI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.77% of loss for the given period.
Volatility was left at 4.69%, however, over the last 30 days, the volatility rate increased by 3.87%, as shares surge +42.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.87% upper at present.
During the last 5 trading sessions, MGNI fell by -0.55%, which changed the moving average for the period of 200-days by +16.19% in comparison to the 20-day moving average, which settled at $13.80. In addition, Magnite Inc saw 0.60% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MGNI starting from Soroca Adam Lee, who sale 11,366 shares at the price of $15.73 back on May 16 ’25. After this action, Soroca Adam Lee now owns 437,117 shares of Magnite Inc, valued at $178,787 using the latest closing price.
Buckley Sean Patrick, the President, Revenue of Magnite Inc, sale 9,692 shares at $15.73 during a trade that took place back on May 16 ’25, which means that Buckley Sean Patrick is holding 347,394 shares at $152,455 based on the most recent closing price.
Stock Fundamentals for MGNI
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.62 for the gross margin
The net margin for Magnite Inc stands at 0.05. The total capital return value is set at 0.06. Equity return is now at value 4.30, with 1.21 for asset returns.
Based on Magnite Inc (MGNI), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 0.83. The interest coverage ratio of the stock is 2.31.
Currently, EBITDA for the company is 51.09 million with net debt to EBITDA at 1.45. When we switch over and look at the enterprise to sales, we see a ratio of 3.63. The receivables turnover for the company is 0.64for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.
Conclusion
To wrap up, the performance of Magnite Inc (MGNI) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
