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Magnite, Inc. (MGNI) Stock Analysis

Range Bound setup

SellVALUE-TRAP 1/5Moderate Confidence

Communication Services · Advertising Agencies

Sell if holding. Momentum 3.5/10 is below the 5.0 floor at $13.38 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3); Sector modifier (Communication Services): -0.8.

Magnite is an independent omni-channel sell-side advertising platform (SSP) that automates the purchase and sale of digital advertising inventory for publishers across CTV, mobile, and desktop globally. Revenue is earned as a percentage of advertising spend transacted through... Read more

$13.38+44.4% A.UpsideScore 5.5/10#4 of 9 Advertising Agencies
QualityF-score7 / 9FCF yield0.08%
Stop $12.45Target $19.33(analyst − 13%)A.R:R 4.1:1
Analyst target$22.21+66.0%14 analysts
$19.33our TP
$13.38price
$22.21mean
$39

Sell if holding. Momentum 3.5/10 is below the 5.0 floor at $13.38 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3); Sector modifier (Communication Services): -0.8. Chart setup: RSI 54 mid-range, Bollinger mid-band. Score 5.5/10, moderate confidence.

Passes 7/9 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 78d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: aggressive.

Recent Developments — Magnite, Inc.

Material events (past 30 days)

  • Apr 20, 2026 HIGH Item 5.02: CFO David Day announced retirement plans; will continue as CFO until September 30, 2026, then as non-executive advisor through May 31, 2027. No successor named.

Generated 2026-05-20T21:06:21Z.

Thesis

Rewards
Attractive valuation
Analyst upside: 44%
Risks
V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3)
Sector modifier (Communication Services): -0.8
Negative momentum

Key Metrics

P/E (TTM)12.2
P/E (Fwd)10.9
Mkt Cap$1.9B
EV/EBITDA14.9
Profit Mgn22.0%
ROE19.1%
Rev Growth5.5%
Beta2.32
DividendNone
Rating analysts21

Quality Signals

Piotroski F7/9MoatNarrow

Options Flow

P/C2.56bearish
IV75%elevated
Max Pain$30+124.2% vs spot

Material Events(8-K, last 90d)

  • 2026-04-20Item 5.02HIGH
    CFO David Day announced retirement plans; will continue as CFO until September 30, 2026, then as non-executive advisor through May 31, 2027. No successor named.
    SEC filing →
  • 2026-04-10Item 5.02MEDIUM
    Chief Product Officer Adam Soroca ceased serving effective April 8, 2026. Will remain as advisor through May 15, 2026. No successor named.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

2 floor-breakers

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
0.0
Bollinger
4.2
Support Resistance
4.5

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Obv
1.0
Macd
2.4
Volume
3.7
Rsi
4.5
Ma Position
6.0
Volume distribution (falling OBV)Below 200-MA, MA slope -8.1%/30d — confirmed downtrend
GatesMomentum 3.5<4.5Death cross (50MA < 200MA)A.R:R 4.1 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 78d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
54 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $12.27Resistance $14.32

Price Targets

$12
$19
A.Upside+44.5%
A.R:R4.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Momentum score 3.5/10 — below 4.5 minimum
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-05 (78d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MGNI stock a buy right now?

Sell if holding. Momentum 3.5/10 is below the 5.0 floor at $13.38 — engine's falling-knife protection flags exit rather than catching a breakdown. Specifics: V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3); Sector modifier (Communication Services): -0.8. Chart setup: RSI 54 mid-range, Bollinger mid-band. Prior stop was $12.45. Score 5.5/10, moderate confidence.

What is the MGNI stock price target?

Take-profit target: $19.33 (+44.4% upside). Prior stop was $12.45. Stop-loss: $12.45.

What are the risks of investing in MGNI?

V7 low-quality RISK_OFF penalty: -0.5 (Q=5.3); Sector modifier (Communication Services): -0.8; Negative momentum.

Is MGNI overvalued or undervalued?

Magnite, Inc. trades at a P/E of 12.2 (forward 10.9). TrendMatrix value score: 7.8/10. Verdict: Sell.

What do analysts say about MGNI?

21 analysts cover MGNI with a consensus score of 4.1/5. Average price target: $22.

What does Magnite, Inc. do?Magnite is an independent omni-channel sell-side advertising platform (SSP) that automates the purchase and sale of...

Magnite is an independent omni-channel sell-side advertising platform (SSP) that automates the purchase and sale of digital advertising inventory for publishers across CTV, mobile, and desktop globally. Revenue is earned as a percentage of advertising spend transacted through the platform, with CTV as a growing driver; operations span North America, Europe, Australia, and developing markets in Asia and South America.

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