
NASDAQCommunication ServicesAdvertising Agencies
Latest quote
$24.14
−$0.49 · -1.99%
Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.
Previous close
$24.14
−$0.49 · -1.99%
Regular session · ET · Market data may be delayed.
Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.
Day range
Current $24.14
52-week range
Current $24.14
Regular session · ET · Market data may be delayed.
AI-powered factor overview
GoAI Score
Hold
Wait — insufficient conviction to act
Valuation
73
Undervalued
Sentiment
62
Bullish
Risk
61
High Risk
Momentum
65
Gaining
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.
Day range
Current $24.14
52-week range
Current $24.14
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 713.95M USD | 668.17M USD | 619.71M USD | 577.07M USD | 468.41M USD |
| Cost of goods sold | 266.62M USD | 258.84M USD | 409.91M USD | 307.17M USD | 201.66M USD |
| Gross profit | 447.33M USD | 409.33M USD | 209.8M USD | 269.9M USD | 266.75M USD |
| Research and development | 84.71M USD | 95.24M USD | 94.32M USD | 93.76M USD | 74.45M USD |
| Selling, general, and administrative | 264.86M USD | 263M USD | 263.03M USD | 281.46M USD | 235.2M USD |
| Operating expenses | 349.57M USD | 358.25M USD | 364.81M USD | 382.69M USD | 347.82M USD |
| Interest expense | 18.92M USD | 27.03M USD | 32.37M USD | 29.26M USD | 19.85M USD |
| Depreciation and amortization | 53.67M USD | 58.51M USD | 240.82M USD | 216.05M USD | 146.89M USD |
| Operating income | 97.76M USD | 51.09M USD | −155.01M USD | −112.78M USD | −81.07M USD |
| Net income | 144.61M USD | 22.79M USD | −159.18M USD | −130.32M USD | 65K USD |
Company facts updated Sep 6, 2026.
Third-party consensus; not a GoAI recommendation.
Average target
$27.20
12.68% upsideFunds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI83.87M0.00%2.3T USD0.03%$379.73-0.32%
iShares Russell 2000 ETFIWM83.86M0.11%79.88B USD0.19%$296.01+0.28%
Vanguard Morningstar Small-Cap ETFVB60.35M0.03%183.4B USD0.03%$300.01+0.05%
Vanguard Morningstar Small-Cap Value ETFVBR38.34M0.06%68.3B USD0.05%$247.11+0.08%
Vanguard Extended Market ETFVXF31.78M0.03%93.7B USD0.05%$242.66+0.14%
iShares Russell 2000 Growth ETFIWO17.87M0.12%14.58B USD0.24%$377.54+0.12%
Schwab U.S. Small-Cap ETFSCHA16.96M0.07%22.56B USD0.03%$34.55+1.01%
Vanguard Russell 2000 ETFVTWO15.64M0.09%17.4B USD0.06%$119.62+0.25%
Vanguard Morningstar Total Stock Market ETFVTI
iShares Russell 2000 ETFIWM
Vanguard Morningstar Small-Cap ETFVB
Vanguard Morningstar Small-Cap Value ETFVBR
Vanguard Extended Market ETFVXF
iShares Russell 2000 Growth ETFIWO
Schwab U.S. Small-Cap ETFSCHA
Vanguard Russell 2000 ETFVTWOAI-generated and delayed market data for informational and educational purposes only. Not investment advice.