Magnite, Inc. (MGNI) fair value analysis
Nasdaq · Updated 2026-10-19
MGNI price how computed
Forward Fair Value verdict
Fairly valuedMGNI is trading at within about 10% of estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $23.37
- Sector
- Communication Services
- 12-month range
- $11.20–$25.67
- Market cap
- $3.35B
- From 52-week high
- -9.0%
- Shares outstanding
- 143M
- Rank in Communication Services by discount to fair value
- #16 of 29
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Magnite, Inc. is a software and technology company that provides a real-time advertising platform for buying and selling digital media. The company operates globally, serving publishers, advertisers, and intermediaries in the digital advertising ecosystem.
MGNI currently ranks #16 of 29 Communication Services stocks by discount to fair value. It has screened as Fairly valued for 11 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $3.35B
- P/E (trailing)
- 32x
- Revenue (TTM)
- $742M
- Net margin
- 22.5%
- EPS (TTM)
- $0.74
- Gross margin
- 67.8%
- Debt / equity
- 0.45
- Revenue growth (3-yr avg)
- 9.5%
- Shares outstanding
- 143M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Expanding
- 52-week position
- The top quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 37 · neutral
- 50-day average
- $24.31
- 200-day average
- $17.29
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Earnings how computed
- Next earnings report
- 2026-11-04 (post-market)
- Last 8 quarters vs consensus
- 6 beat, 2 missed
- Quarter by quarter
- 2026-06 ▲ beat (+200.0%)
2026-03 ▲ beat (+18.2%)
2025-12 ▼ miss (-10.5%)
2025-09 ▲ beat (+50.0%)
2025-06 ▲ beat (+17.6%)
2025-03 ▲ beat (+100.0%)
2024-12 ▼ miss (-13.1%)
2024-09 ▲ beat (+6.3%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 13 buy · 2 hold · 0 sell (15 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $29.7
- Target vs last price
- +27.1%
What our data shows for MGNI
- Our model validated 17 trailing price-to-earnings windows for MGNI, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $11.20–$25.67.
- The 14-day relative strength index sits at a neutral 37.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for MGNI
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent MGNI news
TickrTrends' derived news-sentiment signal for MGNI is currently leaning positive, computed from recent coverage.
- A Look at Magnite Inc (MGNI) After 4.5% Decline -- GF Value $14.96 vs Price $23.37 (gurufocus.com, 2026-10-17)
TickrTrends take: Magnite Inc operates in the Communication Services sector and is currently viewed as fairly valued according to TickrTrends analysis. The stock has experienced recent downward pressure, which presents a point of interest for investors monitoring the gap between fundamental valuation assessments and market pricing. A valuation-focused reader should track whether this pricing dynamic reflects temporary market conditions or signals a shift in the company's underlying business fundamentals within its sector. - Magnite Inc (MGNI) Stock Down 5.7% but Still Overvalued -- GF Score: 65/100 (gurufocus.com, 2026-10-15)
TickrTrends take: Magnite's recent decline contrasts with TickrTrends' assessment that the Communication Services company is fairly valued, suggesting the market may be reconciling the stock's price with its fundamental worth. A GF Score of 65 out of 100 indicates moderate quality fundamentals, which aligns with a fairly valued classification rather than a compelling discount opportunity. Investors focused on valuation metrics should monitor whether further weakness brings MGNI closer to undervalued territory or if the current pricing accurately reflects the company's operational performance. - Magnite Inc (MGNI) Director Paul Caine Sells 12,500 Shares as Stock Trades Significantly Above GF Value (gurufocus.com, 2026-10-14)
TickrTrends take: Magnite operates in the Communication Services sector and currently trades at a valuation TickrTrends considers fairly valued. The recent insider sale by Director Paul Caine of 12,500 shares, occurring while the stock trades notably above GF Value, represents a data point that valuation-conscious investors may monitor alongside the fairly valued assessment. Movements of this type warrant attention to whether the gap between market price and fundamental value metrics persists or narrows in coming periods.
More MGNI news
- MGNI Maintains Buy Rating by Rosenblatt -- Price Target Steady at $40 (gurufocus.com, 2026-10-02)
- Magnite: Trades Slightly Above Its Fair Value, Waiting For Confirmation (Downgrade) (MGNI) (seekingalpha.com, 2026-09-30)
- Is Magnite Inc (MGNI) Overvalued After 9.7% Rally? GF Value Says Overvalued (gurufocus.com, 2026-09-29)
What people are saying
Follow the MGNI conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — MGNI's trend state shifted from an uptrend to mixed conditions this week, as indicated by changes in the 50/200-day moving average relationship. The stock remains fairly valued according to current valuation metrics within the Communication Services sector.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is MGNI stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), MGNI is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.
What is MGNI's TickrTrends verdict?
MGNI's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.
How does MGNI compare to other Communication Services stocks?
MGNI ranks #16 of 29 Communication Services stocks in TickrTrends' coverage by discount to fair value.
Is MGNI overbought or oversold?
MGNI's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does MGNI report earnings next?
MGNI's next earnings report is scheduled for 2026-11-04 (post-market), per the published earnings calendar.
Does MGNI usually beat earnings estimates?
Over its last 8 reported quarters MGNI beat the consensus estimate 6 times and missed 2 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about MGNI?
Of 15 analysts covering MGNI, 13 rate it a buy, 2 a hold and 0 a sell - buy-leaning, with a consensus price target of $29.7 (+27.1% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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