The stock price of Magnite Inc (NASDAQ: MGNI) has surged by 3700340 when compared to previous closing price of 18.89, but the company has seen a 7.94% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-06-05 that Magnite is first SSP to integrate ContextIQ to help bring contextual targeting and planning powered by multimodal AI to CTV advertising Magnite is first SSP to integrate ContextIQ to help bring contextual targeting and planning powered by multimodal AI to CTV advertising
Is It Worth Investing in Magnite Inc (NASDAQ: MGNI) Right Now?
Magnite Inc (NASDAQ: MGNI) has a higher price-to-earnings ratio of 101.11x compared to its average ratio, The 36-month beta value for MGNI is at 2.88. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MGNI is 136.77M, and currently, shorts hold a 11.88% of that float. The average trading volume for MGNI on June 25, 2025 was 2.46M shares.
MGNI’s Market Performance
MGNI stock saw an increase of 7.94% in the past week, with a monthly gain of 28.53% and a quarterly increase of 50.98%. The volatility ratio for the week is 2.84%, and the volatility levels for the last 30 days are 2.82% for Magnite Inc (MGNI). The simple moving average for the past 20 days is 14.30% for MGNI’s stock, with a 35.39% 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 34.37% 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 -5.82% of loss for the given period.
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 4.47. 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
In conclusion, Magnite Inc (MGNI) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
