Needham reiterated coverage on Magnite with a new price target
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Needham reiterated coverage of Magnite with a rating of Buy and set a new price target of $20.00 from $17.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/12/2025 | $14.00 → $18.00 | Buy | Needham |
| 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 |
Needham reiterated coverage of Magnite with a rating of Buy and set a new price target of $18.00 from $14.00 previously
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
144 - MAGNITE, INC. (0001595974) (Subject)
144 - MAGNITE, INC. (0001595974) (Subject)
144 - MAGNITE, INC. (0001595974) (Subject)
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today announced the integration of Anoki ContextIQ, the industry-leading multimodal AI platform for contextual video intelligence at scale. As the first SSP to adopt ContextIQ, Magnite is helping bring the benefits of the platform and its AI copilot to CTV advertising. The collaboration unlocks exclusive access to ContextIQ through Magnite SpringServe, giving buyers access to scene-level contextual targeting and planning tools. Anoki ContextIQ is a purpose-built AI engine that analyzes scene content, sentiment, and brand safety in CTV environments. Integrating the te
NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- Amazon Publisher Services (APS) and Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, have announced a deeper streaming TV collaboration through APS' Transparent Ad Marketplace (TAM) and Magnite's SpringServe. The collaboration makes it easier for publishers to access high-quality and incremental demand from Magnite on Amazon devices, and gives Magnite incremental access to streaming TV inventory via APS on Fire TV devices. This collaboration builds on Amazon Ads and Magnite's existing integrations. In 2016, Magnite was a launch partner of the Transparent Ad Marketplace, helping drive demand opportunities for APS publi
NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Redfin (NASDAQ:RDFN), the technology-powered real estate brokerage, has selected Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, as its preferred SSP to power data-driven deals. Leveraging Magnite's programmatic technology, Redfin can connect advertisers with exclusive real estate audiences at key moments in their home-buying journey. Redfin Media uniquely connects brands with 46 million upwardly mobile customers at each stage of their buying journey. With a vast network including Redfin, Rent.com, ApartmentGuide.com and WalkScore.com, the partnership delivers national scale and hyper-local targeting in a brand sa
4 - MAGNITE, INC. (0001595974) (Issuer)
4 - MAGNITE, INC. (0001595974) (Issuer)
4 - MAGNITE, INC. (0001595974) (Issuer)
Contribution ex-TAC(1) Grows 12% Year-Over-Year Contribution ex-TAC(1) from CTV Grows 15% Year-Over-Year Adjusted EBITDA(1) Grows 47% Year-Over-Year NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2025. Q1 2025 Highlights: Revenue of $155.8 million, up 4% year-over-yearContribution ex-TAC(1) of $145.8 million, up 12% year-over-yearContribution ex-TAC(1) attributable to CTV of $63.2 million, up 15% year-over-year, exceeded guidance of $61.0 to $63.0 millionContribution ex-TAC(1) attributable to DV+ of $82.6 million, up 9% year-over year, exc
NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 2025 after the market close on Wednesday, May 7, 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 up 4% & Contribution ex-TAC(1) up 9% in Fourth Quarter Contribution ex-TAC(1) from CTV Grows 23% in Fourth Quarter Adjusted EBITDA Margin(2) of 42% in Fourth Quarter NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising company, today reported its results of operations for the fourth quarter and year ended December 31, 2024. Recent Highlights: Revenue of $194.0 million for Q4 2024, up 4% from Q4 2023Contribution ex-TAC(1) of $180.2 million for Q4 2024, an increase of 9% from Q4 2023Contribution ex-TAC(1) attributable to CTV for Q4 2024 of $77.9 million, which exceeded guidance of $75 to $77 million, and