How to Buy Magnite Stock
Magnite Inc
Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally.
Magnite stock last closed at $25.14, down 0.75% from the previous day, and has increased 79.19% in one year. It has overperformed other stocks in the Advertising Agencies industry by 1.14 percentage points. Magnite stock is currently +205.84% from its 52-week low of $8.22, and -3.64% from its 52-week high of $26.09.
At the moment, there are 142.4M MGNI shares outstanding. The market cap of MGNI is $3.58B. In the last 24 hours, 3.43M 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.
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.
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- 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.
Open eToro AccountStep 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.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Submit your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on mobile trading apps, you need to deposit funds:
Check out the video below if you need help transferring money into your new brokerage account.
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
Magnite Due Diligence Checks
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on MGNI's stock page.
Is MGNI stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge MGNI's intrinsic value.
Using relative valuations methods:
- MGNI could be overvalued based on its P/E ratio of 81.1x, relative to Advertising Agencies industry P/E ratio of 44.03x
- MGNI may be overvalued based on its P/B ratio of 4.66x, relative to Advertising Agencies industry P/B ratio of 2.56x
- MGNI may be overvalued based on its PEG ratio of 1.72x
You can access more valuation analysis on MGNI's stock here.
MGNI Financial Health
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the MGNI balance sheet.
- MGNI's operating cash flow of $227.13M allows it to safely service it's debt of $619.21M.
- MGNI profit margin has gone up from -0.8% to 6.3% in the past year.
Negative Financial Indicators:
- MGNI has a relatively high debt to equity ratio of 2.81.
- Total MGNI debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the MGNI balance sheet.
- MGNI earnings of $72.64M is not sufficient to cover its interest payments.
Is it a good time to buy MGNI stock, according to Wall Street analysts?
Out of 9 Equities analysts who monitor MGNI, the consensus analyst rating on MGNI is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Latest MGNI Analyst Forecasts
Matthew Swanson, a bottom 13% analyst from RBC Capital maintains MGNI with a buy rating and raises their MGNI price target from $19.00 to $27.00, on Jul 31, 2025.
Daniel Kurnos, a top 1% analyst from Benchmark maintains MGNI with a strong buy rating and raises their MGNI price target from $24.00 to $30.00, on Jul 22, 2025.
Alec Brondolo, a top 26% analyst from Wells Fargo maintains MGNI with a hold rating and raises their MGNI price target from $13.00 to $24.00, on Jul 8, 2025.
Eric Martinuzzi, a bottom 14% analyst from Lake Street maintains MGNI with a strong buy rating and lowers their MGNI price target from $21.00 to $19.00, on May 8, 2025.
You can dive deeper into what analysts are forecasting on the Magnite stock forecast page.
MGNI Technical Indicators
MGNI Growth Numbers
Last year, MGNI earnings were $43.13M. In the past four year, MGNI's earnings have gone up by 14.56% per year. This was faster than the Advertising Agencies industry average of 2.51%.
Last year, MGNI revenue was $685.07M. During the past five year, MGNI's revenue has gone up by 32.98% per year. This was faster than the Advertising Agencies industry average of 6.84%.
Learn more about MGNI's earnings and revenue performance here.
Latest Insiders Trades at MGNI
In the last 12 months, insiders at MGNI have sold more shares than they have bought.
Paul Caine, Director of MGNI, was the latest MGNI insider to sell. They sold $187,500.00 worth of MGNI shares on Aug 25, 2025.
Learn more about who owns MGNI shares here.
Does MGNI provide a stable income stream?
No, Magnite doesn't provide an income stream by paying out dividends.
What others are saying about MGNI
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Make your MGNI buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and eToro will execute the order.
If you require more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your investment in MGNI
Now that you own some shares in MGNI, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to see the latest developments about your MGNI stock.
MGNI Feed
How to Buy Stock in Magnite
To summarize, here are the 6 steps to buy Magnite stock:
- Decide where to buy Magnite stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Magnite stock
- Make your MGNI buy order
- Monitor your investment in MGNI
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to watch your new investment in Magnite, hit the button below to create your watchlist.
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