Magnite, Inc.

MGNI

US55955D1000

Advertising & Marketing

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
9.19 ^USD	+4.43%		+8.63%	-1.61%

Apr. 19	B. Riley Resumes Magnite at Buy With $14.50 Price Target, Sees Connected TV Segment Poised to Regain Momentum	MT
Apr. 11	KERV Interactive Partners with Magnite to Deliver AI-Powered Interactive Video Ads Programmatic, at Scale	CI

Magnite, Inc. announces an Equity Buyback.

February 07, 2024 at 06:26 am EST

Magnite, Inc. (NasdaqGS:MGNI) announces a share repurchase program. Under the program, the company will repurchase up to $125 million worth of its common stock or Convertible Senior Notes. The program is valid till February 6, 2026.

Latest news about Magnite, Inc.

B. Riley Resumes Magnite at Buy With $14.50 Price Target, Sees Connected TV Segment Poised to Regain Momentum	Apr. 19	MT
KERV Interactive Partners with Magnite to Deliver AI-Powered Interactive Video Ads Programmatic, at Scale	Apr. 11	CI
Magnite Insider Sold Shares Worth $840,750, According to a Recent SEC Filing	Mar. 19	MT
Mediaocean and Magnite Strike Exclusive Partnership to Automate Media Planning, Execution, and Reconciliation in Streaming TV	Mar. 14	CI
Benchmark Ups Price Target on Magnite to $18 From $16, Maintains Buy Rating	Feb. 29	MT
Susquehanna Raises Price Target on Magnite to $14 From $11, Maintains Positive Rating	Feb. 29	MT
B. Riley Raises Magnite's PT to $18 From $15 After Better-Than-Expected Q4 2023 Results, Keeps Buy Rating	Feb. 29	MT
RBC Raises Price Target on Magnite to $15 From $13, Sees Company Well Positioned for Improving Ad Environment; Outperform Kept	Feb. 29	MT
Transcript : Magnite, Inc., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Earnings Flash (MGNI) MAGNITE Posts Q4 Revenue $186.9M, vs. Street Est of $160.4M	Feb. 28	MT
Earnings Flash (MGNI) MAGNITE Posts Q4 EPS $0.29, vs. Street Est of $0.28	Feb. 28	MT
Magnite, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Magnite, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 28	CI
B. Riley Adjusts Price Target on Magnite to $15 From $14, Maintains Buy Rating	Feb. 07	MT
Magnite, Inc. announces an Equity Buyback.	Feb. 07	CI
Magnite Announces Closing of New Senior Secured Revolving Credit and Term Loan Facilities	Feb. 06	CI
Magnite, Inc. authorizes a Buyback Plan.	Feb. 05	CI
Magnite Plans to Refinance Existing Credit Facilities	Jan. 22	MT
Magnite, Inc. Announces Intention to Refinance Existing Credit Facilities	Jan. 22	CI
BofA Securities Starts Coverage on Magnite with Neutral Rating, $11 Price Target	Jan. 11	MT
Tennis Australia Taps Magnite for Programmatic Advertising and Implements Demand Manager	Jan. 10	CI
IHeartMedia and Magnite Unify Access to Broadcast and Digital Audio, Providing Advertisers with a Direct Path to Premium Inventory	Jan. 09	CI
Magnite Opens Office in India	Dec. 12	MT
Magnite Expands Global Presence with Opening of First India Office	Dec. 12	CI
Magnite Insider Sold Shares Worth $585,000, According to a Recent SEC Filing	Nov. 17	MT

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Company Profile

Magnite, Inc. is an independent sell-side advertising company. The Company provides technology solutions to automate the purchase and sale of digital advertising inventory. Its platform features applications and services for sellers of digital advertising inventory, or publishers, that own and operate connected television (CTV) channels, applications, websites and other digital media properties, to manage and monetize their inventory; applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms, (DSPs), to buy digital advertising inventory; and a transparent, independent marketplace that brings buyers and sellers together and facilitates intelligent decision making and automated transaction execution at scale. The Company's streaming sell-side advertising platform (SSP) and ad server offers CTV sellers a holistic solution for workflow, yield management and monetization, across both programmatic and direct-sold video inventory.

Sector

Advertising & Marketing

Calendar

2024-05-08 - Q1 2024 Earnings Release

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Russell 2000

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Ratings for Magnite, Inc.

Trading Rating

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

9.19 USD

Average target price

15.69 USD

Spread / Average Target

+70.70%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Magnite, Inc.

Equities

MGNI

US55955D1000

Advertising & Marketing

Magnite, Inc. announces an Equity Buyback.

EPS Revisions