Magnite, Inc. MGNI
Computer Software: Programming Data Processing · data as of November 13, 2026
Magnite, Inc. (MGNI) is a technology company listed in the US with a market value of about $4.2B. In the twelve months to September 30, 2026 it had revenue of $767M and net income of $181M, a net margin of 23.6%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is financial health (4/5); the weakest is shareholder returns (0/5).
Key numbers: a P/E of 24.4, a price to free cash flow of 17.5, 5-year revenue growth of 26% a year, a 5-year average ROIC of -2%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 46% below the current price.
Score: 2.2 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- ROE above 15%
- More cash than debt, or low debt to equity
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $767M | $714M | $668M | $620M | $577M | $468M | $222M | $156M | $125M | $156M | $278M |
| Net income | $181M | $145M | $23M | -$159M | -$130M | $65000 | -$53M | -$25M | -$62M | -$155M | -$18M |
| Free cash flow | $240M | $166M | $202M | $188M | $162M | $109M | -$26M | $21M | -$34M | -$11M | $37M |
| EPS (diluted) | $1.20 | $0.95 | $0.16 | $-1.17 | $-0.98 | $0.00 | $-0.55 | $-0.48 | $-1.23 | $-3.17 | $-0.39 |
| Net margin | 23.6% | 20.3% | 3.4% | -25.7% | -22.6% | 0.0% | -24.1% | -16.3% | -49.6% | -99.5% | -6.5% |
| ROIC | — | 5.0% | 3.2% | -9.4% | -6.6% | -3.7% | -10.1% | -19.4% | -42.6% | -94.3% | -6.6% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 15 analysts is $32.27, 10% above the current price; targets range from $23.00 to $44.00; the consensus rating is “Strong buy”; expected EPS is $1.17 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Magnite’s P/E ratio?
About 24.4, based on the last twelve months of diluted earnings per share (forward P/E about 22.5).
Is Magnite stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 46% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Magnite pay a dividend?
Not currently.
Is Magnite a good stock to buy?
We do not give buy or sell advice. Magnite scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.