Professional
Added to YB: 2025-09-18
Pitch date: 2025-08-19
MGNI [neutral]
Magnite, Inc.
-27.11%
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
$21.73
Price Target
30.00 (+84%)
Dividend
N/A
EV/EBITDA
14.41
P/E
37.10
EV/Sales
3.08
Sector
Media
Category
growth
Prosper Stars & Stripes Portfolio Holding: Magnite, Inc.
MGNI (holding update): Leading independent SSP w/ mission-critical ad tech solutions. Benefits from linear-to-streaming TV ad shift, serves Netflix/Amazon/Disney, zero client losses since 2019. DOJ Google antitrust case (remedies 9/22/25) could boost market share vs Google's 60%. Each 1% share gain = ~$50M EBITDA. Bought <6.5x FY26 EBITDA, 30% margins. $30 PT at 16x EBITDA.
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