Professional
Added to YB: 2025-08-18
Pitch date: 2025-07-17
MGNI [neutral]
Magnite, Inc.
-33.33%
current return
Author Info
No bio for this author
Company Info
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally.
Market Cap
$2.0B
Pitch Price
$24.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.41
P/E
37.10
EV/Sales
3.08
Sector
Media
Category
growth
Choice Equities Capital Portfolio Holding: Magnite, Inc.
MGNI (holding update): Stock trading volatile H1 due to economic fears, but ad budgets remained resilient. TV ad budgets now favor CTV over linear TV. Q2 earnings highlighted potential market share gains from Google DOJ antitrust remedies (trial Sept 22). Growing customer base with Amazon, Pinterest, Redfin, Paramount Australia additions.
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