NASDAQ: MGNI

Magnite (MGNI) Stock Analysis & Forecast

Oct 12 close

$25.08−0.32 (−1.3%)

Gekko Brief

AI summaryOct 12 close

Magnite shares have been buoyed this week by BofA lifting its price target to $38 from $25, citing Google's ad-tech remedies as a path for Magnite to grow its share of open-web advertising from 6% to 8-10%. Separately, the company completed a repricing of its $358 million senior secured term loan and $175 million revolving credit facility, lowering the interest rate margin by 25 basis points and trimming annualized cash interest by roughly $1.8 million to $2.6 million. Magnite also confirmed it will report third-quarter results on 4 November 2026.

The stock closed at $25.08, down 1.3% on the day, but remains above both its 50-day ($24.08) and 200-day ($17.13) moving averages, with the shorter average above the longer one. The GekkoIndex reads 55, placing it in the Neutral zone. Price sits 14.9% above Gekko Fair Value of $21.83.

Over the next 20 trading days, earnings on 4 November fall inside that window; the last report produced a 16.6% reaction, and five of the past eight quarters beat estimates. Seasonality over five years shows an average -5.7% move from this point, with gains in only one of those years. No insider, Congress, or unusual options activity appears in the current window, and analyst sentiment stands at 13 buy, 1 hold, 0 sell ratings, with a consensus target of $29.67.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Magnite price vs fair value

$25.08$21.83Oct ’25Apr ’26Oct ’26
Close $25.08200-day averageGekko Fair Value $21.83

Magnite quick facts

Market cap
$3.59B
P/E ratio
23.1
Forward P/E
22.2
EPS, TTM
$1.10
Revenue, TTM
$742.0M
Profit margin
22.5%
Dividend yield
—
Beta
2.32
Volume
1.33M avg 2.25M
1-year return
+35.2%
Typical daily move
±3.9%
Typical 20-day move
±12.4%
50-day average
$24.08
200-day average
$17.13
Next earnings
Nov 4 after close
Shares outstanding
143.4M
52-week range
$10.82$26.84

Magnite swing-trade checklist

Magnite scores 1 supportive, 1 mixed and 3 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

1 supportive1 mixed3 headwinds

  • Trendsupportive

    Above 50 and 200-day

    Close $25.08 is above the 50-day ($24.08) and 200-day ($17.13) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    55, Neutral

    Reading 55 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    14.9% above

    Price is 14.9% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 23 days

    Reports on Nov 4, 2026, 23 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −5.7% on average

    From this point in the calendar, the next 20 trading days averaged −5.7% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Magnite stock chart and price history

Magnite closed at $25.08 on Oct 12, 2026, +35.2% over the past year, inside a 52-week range of $10.82 to $26.84.

Close50-day average200-day averageVolume
Magnite share price, past year, with 50-day and 200-day moving averages and volume$15$20NovDecJan 2026FebMarAprMayJunJulAugSepOct25.08

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+5.5%
3 months
+24.2%
6 months
+107.4%
1 year
+35.2%
The full MGNI chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MGNI in Gekko

Follow Magnite through every session

Put MGNI on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

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About Magnite

Magnite runs a platform that connects publishers and advertisers in the digital ad space. It gives content owners, including connected TV services, apps, and websites, the tools to manage and sell their available ad slots, while also offering buyers such as advertisers, agencies, and demand-side platforms the means to purchase that space.

The company works through sales staff positioned in multiple countries, serving both sides of the advertising transaction, the publishers who supply ad inventory and the buyers who acquire it on their behalf.

Magnite traces back to 2007, when it operated as The Rubicon Project before adopting its current name in July 2020. It is headquartered in New York, New York, and its shares are listed on the NASDAQ under the ticker MGNI.

Listed
NASDAQ
Sector
Technology services
Industry
Packaged software
Website
magnite.com

Magnite GekkoIndex: the smart money zone

Magnite’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 55, in the Neutral zone, down 1.3 points over five sessions.

010055Neutral

Down 1.3 points over five sessions.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying45−1.1%+1.7%−0.8%+20.5%
Accumulation181+0.7%+1.0%+7.8%+17.9%
Neutral (current zone)380+1.8%+3.5%+5.4%+8.4%
Distribution64+0.8%+0.4%−1.6%+9.0%
Selling12−1.1%−1.0%−0.9%+0.1%

Average MGNI share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the MGNI price, zone by zone.Track MGNI in Gekko

Is Magnite stock overvalued? Gekko Fair Value

Magnite trades 14.9% above Gekko Fair Value of $21.83, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Magnite shares are worth, recalculated every trading day.

$21.83

Gekko Fair Value, Oct 10, 2026

14.9% Overvalued

At the end of Aug 2026 the price was 12.6% above the estimate.

Gekko Fair ValueShare price, month end
$22$25Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open MGNI in Gekko

Magnite insider and Congress trading

No open-market insider purchases were filed for Magnite, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for MGNI in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every MGNI insider filing, plotted on the chart in Gekko.Open MGNI in Gekko

Congress trades last 90 days

No trades in MGNI were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for MGNI, plotted on the chart in Gekko.Open MGNI in Gekko

Buybacks

Magnite has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$21.06M
As a share of market cap
0.59%
Trailing four quarters
$58.96M

From company filings.

Hedge funds and billionaires quarter ended Mar 31

0of the funds Gekko tracks hold MGNI.

0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

Magnite earnings: next date and track record

Magnite reports on Nov 4, 2026, after the close (23 days away), and beat the EPS estimate in 5 of its last 8 reports.

5 of 8reports beat the EPS estimate
±9.7%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+3.1%Nov ’24−4.7%Feb ’25+20.8%May ’25−2.8%Aug ’25−11.1%Nov ’25+15.2%Feb ’26+2.9%May ’26+16.6%Aug ’26
ReportedEPSSurpriseRevenueSurpriseMove
Aug 5, 2026$0.15
est $0.05
+200.0%$189.6M
est $179.1M
+5.8%+16.6%
May 6, 2026$0.13
est $0.11
+18.2%$160.9M
est $159.2M
+1.0%+2.9%
Feb 25, 2026$0.34
est $0.35
−2.9%$195.1M
est $194.2M
+0.4%+15.2%
Nov 5, 2025$0.20
est $0.20
0.0%$179.5M
est $193.9M
−7.4%−11.1%
Aug 6, 2025$0.20
est $0.17
+17.6%$173.3M
est $157.0M
+10.4%−2.8%
May 7, 2025$0.12
est $0.06
+100.0%$155.8M
est $142.5M
+9.3%+20.8%
Feb 26, 2025$0.34
est $0.39
−13.1%$194.0M
est $183.9M
+5.5%−4.7%
Nov 7, 2024$0.17
est $0.16
+6.3%$162.0M
est $184.4M
−12.1%+3.1%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Magnite stock forecast and analyst price targets

Analysts’ average 12-month price target for Magnite is $29.67, +18.3% from the last close, from 14 firms rating the stock in the last 90 days.

$29.67consensus 12-month target, +18.3% from the last close
Low $22High $43
Buy13
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 14 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 29Bank of America SecuritiesBuy, reiterated$38+51.5%
Sep 18B. Riley SecuritiesBuy, maintained$30+19.6%
Sep 17StoneXBuy, maintained$43+71.5%
Sep 17Craig-HallumBuy, reiterated$32+27.6%
Sep 16BTIGBuy, maintained$27+7.7%
+5.4%average 20-day move after past Neutral readings
−5.7%average move over the next 20 trading days in the last 5 years
±3.9%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Magnite seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Magnite averaged −5.7% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−13.2%2021−7.2%2022−3.7%2023+12.3%2024−13.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+3.2%4 of 5
Next 10 trading days+2.9%3 of 5
Next 15 trading days+1.0%3 of 5
Next 20 trading days−5.7%1 of 5
Next 30 trading days+8.1%3 of 5

For scale, MGNI’s typical 20-trading-day move in either direction is about 12.4%.

Magnite market cap and key statistics

Magnite’s market cap is $3.59B, with a P/E ratio of 23.1 and revenue of $742.0M over the last twelve months.

Valuation

Market cap
$3.59B
P/E ratio
23.1
Forward P/E
22.2
EPS, TTM
$1.10
Gekko Fair Value
$21.83

Trading

Volume
1.33M
Avg volume, 20 days
2.25M
52-week high
$26.84
52-week low
$10.82
Shares outstanding
143.4M

Financials

Revenue, TTM
$742.0M
Profit margin
22.5%
Return on equity
19.6%
Quarterly earnings growth, YoY
+65.3%

Risk and income

Beta
2.32
Typical daily move
±3.9%
Typical 20-day move
±12.4%

Magnite peers

Magnite’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSFTMicrosoft+0.7%Neutral21.7% above
PLTRPalantir Technologies+0.1%Distribution22.3% above
ORCLOracle−2.9%Neutral24.3% below
PANWPalo Alto Networks−4.2%Neutral21.6% above
CRWDCrowdStrike−4.8%Neutral23.7% above
CRMSalesforce−1.1%Neutral3.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Magnite stock FAQ

What is Magnite’s market cap?

Magnite’s market cap is $3.59B at the Oct 12, 2026 close of $25.08, with 143.4M shares outstanding. The shares trade on a P/E ratio of 23.1.

What is the Magnite stock forecast?

The consensus analyst 12-month price target for Magnite is $29.67, +18.3% from the last close. Of the 14 firms that rated the stock in the last 90 days, 13 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Magnite stock overvalued or undervalued?

On Gekko’s estimate Magnite is overvalued: the Oct 12, 2026 close of $25.08 is 14.9% above Gekko Fair Value of $21.83. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Magnite report earnings next?

Magnite is expected to report on Nov 4, 2026, after the market closes (23 days away). Analysts expect earnings of $0.29 per share on revenue of $190.2M. Magnite beat the earnings estimate in 5 of its last 8 reports, moving 9.7% on average across the report.

What is Magnite’s 52-week high and low?

Magnite’s 52-week high is $26.84 and its 52-week low is $10.82; it closed at $25.08 on Oct 12, 2026, +35.2% over the past year. Over the last five years the shares peaked at $31.55 on Oct 14, 2021.

Is Magnite stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 5 items with data read as supportive (trend), 1 as mixed (gekkoindex) and 3 as headwinds (fair value, earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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