Magnite, Inc.
General ticker "MGNI" information:
- Sector: Communication Services
- Industry: Media
- Capitalization: $2.5B (TTM average)
Magnite, Inc. follows the US Stock Market performance with the rate: 22.8%.
Estimated limits based on current volatility of 43.1%: low 11.77$, high 29.59$
Factors to consider:
- Total employees count: 905 (-0.7%) as of 2024
- US accounted for 74.6% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Economic downturns and volatility, Customer dependency, Market competition, Infrastructure scalability, IT system failures
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [11.10$, 23.73$]
- 2025-12-31 to 2026-12-31 estimated range: [9.15$, 20.30$]
Financial Metrics affecting the MGNI estimates:
- Positive: with PPE of 23.1 at the end of fiscal year the price was very low
- Positive: -3.60 < Operating profit margin, % of 7.65
- Negative: negative Industry operating cash flow (median)
- Positive: 18.93 < Shareholder equity ratio, % of 26.91 <= 41.86
- Positive: 6.82 < Operating cash flow per share per price, % of 10.33
- Positive: -4.48 < Investing cash flow per share per price, % of -2.09
- Negative: -0.15 < Industry inventory ratio change (median), % of -0.03
- Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of 0.79
Short-term MGNI quotes
Long-term MGNI plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $577.07MM | $619.71MM | $668.17MM |
| Operating Expenses | $689.85MM | $774.72MM | $617.08MM |
| Operating Income | $-112.78MM | $-155.01MM | $51.09MM |
| Non-Operating Income | $-22.81MM | $-2.54MM | $-24.60MM |
| Interest Expense | $29.26MM | $32.37MM | $27.03MM |
| R&D Expense | $93.76MM | $94.32MM | $95.24MM |
| Income(Loss) | $-135.60MM | $-157.55MM | $26.48MM |
| Taxes | $-5.27MM | $1.64MM | $3.70MM |
| Profit(Loss)* | $-130.32MM | $-159.18MM | $22.79MM |
| Stockholders Equity | $791.30MM | $701.68MM | $768.22MM |
| Assets | $2,712.21MM | $2,688.81MM | $2,854.77MM |
| Operating Cash Flow | $192.55MM | $214.37MM | $235.20MM |
| Capital expenditure | $44.40MM | $26.76MM | $32.81MM |
| Investing Cash Flow | $-65.15MM | $-37.38MM | $-47.50MM |
| Financing Cash Flow | $-30.17MM | $-177.84MM | $-28.90MM |
| Earnings Per Share** | $-0.98 | $-1.17 | $0.16 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.