Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace.
Magnite stock last closed at $17.89, down 1.92% from the previous day, and has decreased 4.94% in one year. It has overperformed other stocks in the Advertising Agencies industry by 0.45 percentage points. Magnite stock is currently +65.34% from its 52-week low of $10.82, and -32.87% from its 52-week high of $26.65.
At the moment, there are 143.22M MGNI shares outstanding. The market cap of MGNI is $2.56B. In the last 24 hours, 4.25M MGNI shares were traded.
How to Buy Magnite Stock
Wondering how to invest in Magnite stock? Here's how.
Decide where to buy Magnite stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Magnite stock.
Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
Fund your brokerage account: Select your method of payment and add your info.
Analyze Magnite stock: The Magnite ticker symbol is MGNI. Is Magnite stock a good investment? Should you buy shares of MGNI? How do MGNI's underlying business fundamentals look? Do top analysts think Magnite is a good buy? Why has MGNI's stock price moved recently? (Hint: Our stock market analysis website can help you understand if MGNI is a good stock to buy).
Make your MGNI buy order: Decide if you will purchase MGNI shares at the current market price or use a limit order to buy MGNI shares at a particular price.
Monitor your investment in MGNI: Create a watchlist to monitor your position in Magnite stock.
Step 1: Decide where to buy Magnite stock
You need an online brokerage account in order to access the NASDAQ market and buy MGNI shares.
A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.
Our preferred brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
Invest in stocks with zero commissions: Invest without paying trading commissions.
Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
Access to world financial markets: From Technology to Utilities, New York to London (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top stock exchanges.
Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
Security: eToro is a regulated and licensed fintech leader.
Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Step 2: Create a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal info so you are able to buy MGNI today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Analyze Magnite stock
After you have chosen the best place to buy Magnite stock, it's absolutely critical to evaluate their stock before you buy, so you can comprehend the risk and opportunity.
Magnite stock quick numbers
MGNI Price
$17.89
1w %
10.43%
1y %
-4.94%
5y %
-39.34%
P/E
16.12x
P/B
2.79x
P/S
3.55x
PEG
N/A
Revenue
$722.55M
Earnings
$158.66M
Fore. Rev. Growth
8.7%
Fore. Earn. Growth
-3.56%
Market Cap
$2.56B
Next Earnings
Aug 5, 2026
Next Dividend
N/A
Magnite Due Diligence Checks
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
There are more short-term assets than long-term liabilities on the MGNI balance sheet.
There are more short-term assets than short-term liabilities on the MGNI balance sheet.
Total MGNI debt is lower than 5 years ago, relative to shareholder equity.
MGNI profit margin has gone up from 4.6% to 22% in the past year.
MGNI's operating cash flow of $112.84M allows it to safely service it's debt of $429.67M.
MGNI earnings of $103.15M is not sufficient to cover its interest payments.
Negative Financial Indicators:
MGNI has a relatively high debt to equity ratio of 2.21.
Is MGNI stock a Buy, Hold, or Sell, according to analysts?
Out of 8 Wall Street analysts who give forecasts on MGNI, the consensus analyst rating on MGNI is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
Latest MGNI Analyst Forecasts
Laura Martin, a top 2% analyst from Needham reiterates MGNI with a buy rating and maintains their MGNI price target from $25.00 to $25.00, on Apr 16, 2026.
Daniel L. Kurnos, a bottom 10% analyst from Benchmark maintains MGNI with a strong buy rating and lowers their MGNI price target from $31.00 to $30.00, on Feb 26, 2026.
Barton Crockett, a top 9% analyst from Rosenblatt maintains MGNI with a strong buy rating and maintains their MGNI price target from $39.00 to $39.00, on Feb 26, 2026.
Last year, MGNI earnings were $158.66M. Over the past 1 years, MGNI's earnings have gone up by 404.55% per year. This was faster than the Advertising Agencies industry average of 25.6%.
Last year, MGNI revenue was $722.55M. Over the last 5 year, MGNI's revenue has increased by 24.04% per year. This was faster than the Advertising Agencies industry average of 10.37%.
Over the past year, insiders at MGNI have sold more shares than they have bought.
Sean Patrick Buckley, President Revenue Market Strategy of MGNI, was the latest MGNI insider to sell. They sold $365,427.00 worth of MGNI stock on Jun 17, 2026.
No, Magnite doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your MGNI buy order
There are two main types of orders:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are mostly the easiest way to buy.
Limit order: A limit order is an order to buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at a given price, use a limit order.
Hit the Open Trade button and eToro will place your order.
If you want additional help buying stocks on eToro, watch the helpful video below:
As of Jun 18, 2026, it costs $17.89 to buy one share of Magnite stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.447 shares of MGNI.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.