MGNI Stock Summary and Trading Ideas (Magnite | NASDAQ:MGNI)

Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.

What symbol and exchange does Magnite shares trade?

Magnite trades on the NASDAQ stock market under the symbol MGNI.

What is Magnite stock price doing today?

As of May 1, 2026, MGNI stock price climbed to $13.72 with 3,791,665 million shares trading.

What is Magnite's Beta?

MGNI has a beta of 1.70, meaning it tends to be more sensitive to market movements. MGNI has a correlation of 0.14 to the broad based SPY ETF.

How much is Magnite worth?

MGNI has a market cap of $1.96 billion. This is considered a Small Cap stock.

How much money does Magnite make?

Last quarter Magnite reported $205 million in Revenue and $.34 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.02.

What is the highest and lowest price Magnite traded in the last 3 year period?

In the last 3 years, MGNI traded as high as $26.65 and as low as $6.28.

What are the top ETFs holding Magnite?

The top ETF exchange traded funds that MGNI belongs to (by Net Assets): VTI, IWM, VB, VBR, VXF.

Is Magnite (MGNI) a good investment?

MGNI has underperformed the market in the last year with a price return of +14.9% while the SPY ETF gained +30.4%. MGNI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.2% and +0.1%, respectively, while the SPY returned +4.4% and +1.5%, respectively.

What are the support and resistance levels for Magnite (MGNI)?

MGNI support price is $12.39 and resistance is $13.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGNI shares will trade within this expected range on the day.