MGNI — Magnite Inc

Communication Services · Advertising Agencies · AI platforms, internet & adtech

About Magnite Inc

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

AI platforms, internet & adtech

These are large internet, platform and advertising businesses using AI to improve products, recommendations and ad targeting. They have vast user bases and cash flows, and are among the biggest spenders on AI infrastructure. The AI link is mostly about defending and extending existing franchises rather than selling AI directly, and results hinge on advertising cycles and regulation. Magnite Inc is tracked in this sub-theme as a Advertising Agencies name — see the full AI platforms, internet & adtech list.

Key data · delayed ~15 min, as of 8 July 2026

TickerMGNI
CompanyMagnite Inc
Price$20.84
Market cap$3.1B
Sector / industryCommunication Services / Advertising Agencies
Performance1W +11.3% · 1M +44.2% · 1Y -14.2%
Analyst mean target$22 (15 analysts, strong_buy)

Valuation read

What the price implies: a reverse-DCF on forward earnings ($1.24/sh) backs out roughly ~3%/yr earnings growth — modest expectations. Run your own scenario in the fair-value calculator.

Chart

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