Magnite upgraded by BofA Securities with a new price target
$MGNI
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Technology
BofA Securities upgraded Magnite from Neutral to Buy and set a new price target of $15.00 from $13.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/5/2024 | $17.00 → $20.00 | Buy | Needham |
| 12/5/2024 | $22.00 | Sector Outperform | Scotiabank |
| 10/29/2024 | $13.00 | Equal Weight | Wells Fargo |
| 7/25/2024 | $21.00 | Buy | Lake Street |
| 7/16/2024 | $16.00 | Outperform | Wolfe Research |
| 5/24/2024 | $13.00 → $15.00 | Neutral → Buy | BofA Securities |
| 4/19/2024 | $14.50 | Buy | B. Riley Securities |
| 1/11/2024 | $11.00 | Neutral | BofA Securities |
4 - MAGNITE, INC. (0001595974) (Issuer)
4 - MAGNITE, INC. (0001595974) (Issuer)
4 - MAGNITE, INC. (0001595974) (Issuer)
AUCKLAND, New Zealand, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, is working with Sky New Zealand to power programmatic advertising on Sky's premium live and on-demand sports streaming platform, Sky Sport Now. Following the recent launch of digital advertising on Sky Sport Now, buyers will have programmatic access to the platform's high-value live sports inventory for the first time through Magnite. With 51.3 million annual streams* and content across an average of 35 sporting codes, Sky Sport Now offers advertisers a golden opportunity to engage audiences with data-driven targeting and optimised campaigns, maint
NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising company, will announce its financial results for the fourth quarter ended December 31, 2024 after the market close on Wednesday, February 26, 2025. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook. Live conference call Toll free number:(844) 875-6911 (for domestic callers)Direct dial number:(412) 902-6511 (for international callers)Passcode:Ask to join the Magnite conference callSimultaneous audio webcast:http://investor.magnite.com, under "Events and Presentations" Conference call replay Tol
SINGAPORE, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell side advertising company, announced it has strengthened its partnership with Samsung Ads to power programmatic advertising on Samsung TV Plus inventory in Singapore, the Philippines and Thailand for the first time. Advertisers now have programmatic access to premium video inventory on Samsung's free ad-supported streaming TV (FAST) service, Samsung TV Plus, which went live across the Southeast Asia region late last year. Samsung TV Plus is now available on millions of Samsung Smart TVs across Singapore, the Philippines, and Thailand. The built-in streaming service delivers free, instant access
SYDNEY, Australia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising company, has announced that Yael Milbank has been appointed to the newly created role of Managing Director, Australia and New Zealand. Yael brings over 20 years of experience across both markets to the role, having most recently served as Magnite's Managing Director, New Zealand. Prior to this, he held roles at TVNZ and TradeMe, managing key relationships with publishers and agencies. Yael is tasked with accelerating Magnite's commercial growth in the ANZ market at a time when 90% of digital display and video dollars in the market are set to be transacted pro
Opening of a Stockholm location will support further growth in the region STOCKHOLM, April 04, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced the appointment of Natasha Westlund as the Head of Nordics and the opening of a new office in Stockholm, which will serve as the company's base across Sweden, Denmark, Norway, and Finland. As Head of Nordics, Natasha is the commercial lead across both seller and buyer teams building the company's business in the region. Natasha is based in the company's Stockholm office and reports to Magnite's SVP Head of EMEA Julie Selman. "We are investing resources to further support publis
NEW YORK, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising platform, today announced the appointment of David Buonasera as its Chief Technology Officer. Buonasera joined Magnite in 2021 when the company acquired SpringServe, the video ad serving platform he co-founded. Most recently, Buonasera has led Magnite's engineering efforts for CTV and served as a member of the company's Office of the CTO. In his new role, he will oversee Magnite's global technology organization, platforms, and infrastructure, reporting to its President and CEO, Michael Barrett. "David is a phenomenal leader and technologist," said Barrett. "For nearly t
144 - MAGNITE, INC. (0001595974) (Subject)
144 - MAGNITE, INC. (0001595974) (Subject)
144 - MAGNITE, INC. (0001595974) (Subject)
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SC 13G/A - MAGNITE, INC. (0001595974) (Subject)
SC 13G/A - MAGNITE, INC. (0001595974) (Subject)
NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising company, will announce its financial results for the fourth quarter ended December 31, 2024 after the market close on Wednesday, February 26, 2025. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook. Live conference call Toll free number:(844) 875-6911 (for domestic callers)Direct dial number:(412) 902-6511 (for international callers)Passcode:Ask to join the Magnite conference callSimultaneous audio webcast:http://investor.magnite.com, under "Events and Presentations" Conference call replay Tol
Total Revenue Grows 8% & Contribution ex-TAC(1) Grows 12% Year-Over-Year Contribution ex-TAC(1) from CTV Grows 23% Year-Over-Year NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended September 30, 2024. Q3 2024 Highlights: Supported Netflix's initial programmatic CTV ad launchRevenue of $162.0 million, up 8% year-over-yearContribution ex-TAC(1) of $149.4 million, up 12% year-over-yearContribution ex-TAC(1) attributable to CTV of $64.4 million, up 23% year-over-year, compared to guidance of $62.0 to $64.0 millionContribution ex-TAC(1) attrib
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising company, will announce its financial results for the third quarter ended September 30, 2024 after the market close on Thursday, November 7, 2024. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook. Live conference call Toll free number:(844) 875-6911 (for domestic callers)Direct dial number:(412) 902-6511 (for international callers)Passcode:Ask to join the Magnite conference callSimultaneous audio webcast:http://investor.magnite.com, under "Events and Presentations" Conference call replay Toll
Needham reiterated coverage of Magnite with a rating of Buy and set a new price target of $20.00 from $17.00 previously
Scotiabank initiated coverage of Magnite with a rating of Sector Outperform and set a new price target of $22.00
Wells Fargo initiated coverage of Magnite with a rating of Equal Weight and set a new price target of $13.00