Magnite share price today

(MGNI)

Magnite share price is $16.1 & ₹1,380.41 as on 3 Jan 2025, 2.30 'hrs' IST

$16.1

▲

0.18

(1.13%)

Market is closed - opens 8 PM, 03 Jan 2025

View live Magnite share price in Dollar and Rupees. Guide to invest in Magnite from India. Also see the sentimental analysis on Indian investors investing in Magnite. Get details on the Indian mutual funds that are investing in Magnite. Get Analyst recommendations and forecasts along with all the Magnite's financials.

Magnite share price movements

Today's Low: $15.91
Today's High: $16.57
$16.10
1.18%
Downside
Day's Volatility :3.98%
Upside
2.84%
52 Weeks Low: $8.38
52 Weeks High: $18.38
$16.10
47.98%
Downside
52 Weeks Volatility :54.43%
Upside
12.4%

Magnite Returns

Period	Magnite Inc.	Sector (Communication Services)	Index (Russel 2000)
3 Months	29.43%	7.3%	0.0%
6 Months	17.66%	12.5%	0.0%
1 Year	81.74%	34.0%	0.0%
3 Years	-6.02%	24.6%	-21.2%

Magnite Key Statistics

in dollars & INR

Previous Close	$15.92
Open	$16.14
Today's High	$16.57
Today's Low	$15.91
Market Capitalization	$2.2B
Today's Volume	$1.2M
52 Week High	$18.38
52 Week Low	$8.375
Revenue TTM	$661.1M
EBITDA	$90.9M
Earnings Per Share (EPS)	$0.13
PE Ratio	122.46
Profit Margin	2.62%
Quarterly Earnings Growth YOY	-0.93%
Return On Equity TTM	2.51%

How to invest in Magnite from India?

It is very easy for Indian residents to invest directly in Magnite from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Magnite stock in both Indian Rupees (INR) and US Dollars (USD). Search for Magnite or MGNI on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Magnite or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Magnite shares which would translate to 0.053 fractional shares of Magnite as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Magnite, in just a few clicks!

Returns in Magnite for Indian investors in Rupees

Investment Value

₹1,00,000

Magnite investment value today

Current value as on today

₹1,86,765

Returns

₹86,765

(+86.76%)

Returns from Magnite Stock

₹83,790 (+83.79%)

Dollar Returns

₹2,975 (+2.97%)

Indian investors sentiment towards Magnite

30%

Period: Oct 4, 2024 to Jan 2, 2025. Change in 30 Days versus previous period

Search volume for Magnite on INDmoney from India has grown in the last 30 days as on Jan 3, 2025. 30% more investors are searching Magnite in the last 30 days versus the previous period.

Global Institutional Holdings in Magnite

Vanguard Group Inc
9.49%
BlackRock Inc
6.89%
Wellington Management Company LLP
4.68%
Dimensional Fund Advisors, Inc.
3.81%
Nuveen Asset Management, LLC
2.93%
Granahan Investment Management Inc..
2.84%

Analyst Recommendation on Magnite

Buy

81%Buy

18%Hold

0%Sell

Based on 16 Wall street analysts offering stock ratings for Magnite(by analysts ranked 0 to 5 stars)

Based on 16 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Magnite

What analysts predicted

Upside of 14.43%

Current:

$16.10

Target:

$18.42

Insights on Magnite

Price Movement
In the last 1 year, MGNI stock has moved up by 73.0%
Decreasing Revenue
Revenue is down for the last 2 quarters, 162.88M → 162.00M (in $), with an average decrease of 0.5% per quarter
Increasing Net Profit
Netprofit is up for the last 3 quarters, -17.75M → 5.21M (in $), with an average increase of 834.0% per quarter

Magnite Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$124.7M	↓ 19.84%
Net Income	$-61.8M	↓ 60.06%
Net Profit Margin	-49.58%	↑ 49.93%

	FY19	Y/Y Change
Revenue	$156.4M	↑ 25.45%
Net Income	$-25.5M	↓ 58.79%
Net Profit Margin	-16.29%	↑ 33.29%

	FY20	Y/Y Change
Revenue	$221.6M	↑ 41.69%
Net Income	$-53.4M	↑ 109.72%
Net Profit Margin	-24.11%	↓ 7.82%

	FY21	Y/Y Change
Revenue	$468.4M	↑ 111.35%
Net Income	$65.0K	↓ 100.12%
Net Profit Margin	0.01%	↑ 24.12%

	FY22	Y/Y Change
Revenue	$577.1M	↑ 23.2%
Net Income	$-130.3M	↓ 200596.92%
Net Profit Margin	-22.58%	↓ 22.59%

	FY23	Y/Y Change
Revenue	$619.7M	↑ 7.39%
Net Income	$-159.2M	↑ 22.15%
Net Profit Margin	-25.69%	↓ 3.11%

	Q2 FY23	Q/Q Change
Revenue	$152.5M	↑ 17.21%
Net Income	$-73.9M	↓ 25.16%
Net Profit Margin	-48.44%	↑ 27.42%

	Q3 FY23	Q/Q Change
Revenue	$150.1M	↓ 1.61%
Net Income	$-17.5M	↓ 76.35%
Net Profit Margin	-11.64%	↑ 36.8%

	Q4 FY23	Q/Q Change
Revenue	$186.9M	↑ 24.55%
Net Income	$30.9M	↓ 276.88%
Net Profit Margin	16.54%	↑ 28.18%

	Q1 FY24	Q/Q Change
Revenue	$149.3M	↓ 20.12%
Net Income	$-17.8M	↓ 157.44%
Net Profit Margin	-11.89%	↓ 28.43%

	Q2 FY24	Q/Q Change
Revenue	$162.9M	↑ 9.08%
Net Income	$-1.1M	↓ 93.93%
Net Profit Margin	-0.66%	↑ 11.23%

	Q3 FY24	Q/Q Change
Revenue	$162.0M	↓ 0.54%
Net Income	$5.2M	↓ 583.67%
Net Profit Margin	3.22%	↑ 3.88%

	FY18	Y/Y Change
Profit	$64.7M	↓ 34.47%

	FY19	Y/Y Change
Profit	$99.0M	↑ 53.09%

	FY20	Y/Y Change
Profit	$143.9M	↑ 45.3%

	FY21	Y/Y Change
Profit	$266.8M	↑ 85.4%

	FY22	Y/Y Change
Profit	$269.9M	↑ 1.18%

	FY23	Y/Y Change
Profit	$209.8M	↓ 22.27%

	Q2 FY23	Q/Q Change
Profit	$22.4M	↑ 320.29%

	Q3 FY23	Q/Q Change
Profit	$65.2M	↑ 191.52%

	Q4 FY23	Q/Q Change
Profit	$114.0M	↑ 74.81%

	Q1 FY24	Q/Q Change
Profit	$80.6M	↓ 29.32%

	Q2 FY24	Q/Q Change
Profit	$97.5M	↑ 20.99%

	Q3 FY24	Q/Q Change
Profit	$99.5M	↑ 2.03%

	FY18	Y/Y Change
Operating Cash Flow	$-22.7M	↓ 205.34%
Investing Cash Flow	$27.9M	↓ 129.98%
Financing Cash Flow	$-1.3M	↓ 7.32%

	FY19	Y/Y Change
Operating Cash Flow	$32.0M	↓ 240.98%
Investing Cash Flow	$-23.4M	↓ 183.69%
Financing Cash Flow	$-205.0K	↓ 83.97%

	FY20	Y/Y Change
Operating Cash Flow	$-12.1M	↓ 137.72%
Investing Cash Flow	$32.6M	↓ 239.54%
Financing Cash Flow	$7.4M	↓ 3687.32%

	FY21	Y/Y Change
Operating Cash Flow	$126.6M	↓ 1149.23%
Investing Cash Flow	$-691.0M	↓ 2217.28%
Financing Cash Flow	$678.1M	↑ 9120.19%

	FY22	Y/Y Change
Operating Cash Flow	$192.6M	↑ 52.11%
Investing Cash Flow	$-65.2M	↓ 90.57%
Financing Cash Flow	$-30.2M	↓ 104.45%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$74.1M	↓ 339.91%
Investing Cash Flow	$-11.1M	↑ 48.21%
Financing Cash Flow	$-33.2M	↓ 35.86%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$82.1M	↑ 10.72%
Investing Cash Flow	$-6.8M	↓ 38.51%
Financing Cash Flow	$-30.6M	↓ 7.78%

Magnite Technicals Summary

Sell

Neutral

Buy

Magnite is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Magnite Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Magnite Inc.	-9.18%	17.66%	81.74%	-6.02%	63.62%
Ziff Davis Inc	-7.63%	2.39%	-17.13%	-52.0%	-56.58%
Omnicom Group Inc.	-16.68%	-3.22%	1.12%	13.93%	3.64%
Criteo Sa	-5.65%	-1.1%	61.97%	3.64%	126.32%
Interpublic Group Of Companies, Inc.	-4.17%	-1.13%	-12.95%	-27.03%	22.2%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Magnite Inc.	122.46	122.46	NA	0.76	0.03	0.01	NA	5.14
Ziff Davis Inc	40.55	40.55	0.84	6.72	0.04	0.04	NA	41.0
Omnicom Group Inc.	11.72	11.72	1.25	8.06	0.34	0.05	0.03	20.25
Criteo Sa	23.13	23.13	0.89	4.18	0.1	0.05	NA	19.19
Interpublic Group Of Companies, Inc.	13.22	13.22	149.08	2.81	0.22	0.05	0.05	10.0

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Magnite Inc.	Buy	$2.2B	63.62%	122.46	2.62%
Ziff Davis Inc	Buy	$2.3B	-56.58%	40.55	4.53%
Omnicom Group Inc.	Buy	$16.9B	3.64%	11.72	9.45%
Criteo Sa	Buy	$2.2B	126.32%	23.13	5.21%
Interpublic Group Of Companies, Inc.	Buy	$10.4B	22.2%	13.22	8.65%

About Magnite

we’re magnite (nasdaq: mgni), the world’s largest independent sell-side advertising platform. publishers use our technology to monetize their content across all screens and formats including ctv, online video, display, and audio. the world's leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. in april 2021 we acquired spotx to further enhance our ctv business and better help our clients in this rapidly growing market. anchored in sunny los angeles, bustling new york city, mile high denver, historic london, and down under in sydney, magnite has offices across north america, emea, latam, and apac.

Organization	Magnite
Employees	911
CEO	Mr. Michael G. Barrett
Industry	Commercial Services

Management People of Magnite

Name	Title
Mr. Michael G. Barrett	CEO & Director
Mr. David L. Day	Chief Financial Officer
Ms. Katie Evans	President of Operations
Mr. Adam Lee Soroca	Chief Product Officer
Mr. Sean Patrick Buckley	President of Revenue
Mr. Brian Gephart	Chief Accounting Officer
Mr. David Buonasera	Chief Technology Officer
Mr. Nick Kormeluk	VP of Investor Relations & Head of Global Real Estate
Mr. Aaron Saltz J.D.	Chief Legal Officer
Charlstie Veith	Global Head of Communications

Important FAQs about investing in Magnite from India :

What is Magnite share price today?

Magnite share price today stands at $16.10, Open: $16.14 ; Previous Close: $15.92 ; High: $16.57 ; Low: $15.91 ; 52 Week High: $18.38 ; 52 Week Low: $8.38. The stock opens at $16.14, after a previous close of $15.92. The stock reached a daily high of $16.57 and a low of $15.91, with a 52-week high of $18.38 and a 52-week low of $8.38.

Can Indians buy Magnite shares?

Yes, Indians can invest in the Magnite (MGNI) from India.

With INDmoney, you can buy Magnite at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Magnite at zero transaction cost.

How can I buy Magnite shares from India?

It is very easy to buy Magnite from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Magnite be purchased?

Yes, you can buy fractional shares of Magnite with INDmoney app.

What are the documents required to start investing in Magnite stocks?

To start investing in Magnite, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.