- Investing.com
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company’s platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers. It markets its solutions through sales teams that operate from various locations. The company was formerly known as The Rubicon Project, Inc. and changed name to Magnite, Inc. in July 2020. Magnite, Inc. was incorporated in 2007 and is headquartered in New York, New York.
CTV Dominance | Magnite's strategic position in the rapidly growing Connected TV advertising market, bolstered by partnerships with major streaming platforms like Netflix and Disney |
Netflix Game-Change | Explore the potential impact of Magnite's exclusive multi-year partnership with Netflix, expected to generate significant incremental revenue and strengthen market position |
Financial Trajectory | Analyst projections show optimism for Magnite's growth, with price targets ranging from $13 to $22 and expectations of increased revenue and EBITDA |
Future-Proofing | Delve into Magnite's scalable business model, industry trends supporting programmatic advertising growth, and potential challenges in the evolving digital advertising landscape |
Metrics to compare | MGNI | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipMGNIPeersSector | |
---|---|---|---|---|
P/E Ratio | 125.6x | −4.0x | 5.4x | |
PEG Ratio | 1.17 | −0.06 | 0.01 | |
Price/Book | 3.0x | 1.2x | 1.8x | |
Price / LTM Sales | 3.3x | 0.5x | 1.4x | |
Upside (Analyst Target) | 29.5% | 19.7% | 26.3% | |
Fair Value Upside | Unlock | 25.6% | 14.2% | Unlock |