B. Riley Predicts Magnite’s Q4 Earnings (NASDAQ:MGNI)

Magnite, Inc. (NASDAQ:MGNI) – Stock analysts at B. Riley cut their Q4 2025 EPS estimates for shares of Magnite in a report released on Wednesday, February 26th. B. Riley analyst Z. Cummins now anticipates that the company will post earnings of $0.33 per share for the quarter, down from their previous estimate of $0.35. The consensus estimate for Magnite’s current full-year earnings is $0.33 per share.

Several other analysts have also recently weighed in on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $20.00 price objective on shares of Magnite in a research note on Thursday, February 27th. Wells Fargo & Company upped their price objective on shares of Magnite from $13.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 16th. Susquehanna upped their price objective on shares of Magnite from $16.00 to $22.00 and gave the stock a “positive” rating in a research note on Thursday, February 27th. Macquarie reaffirmed an “outperform” rating and set a $18.00 price objective on shares of Magnite in a research note on Friday, November 8th. Finally, Royal Bank of Canada increased their price target on shares of Magnite from $19.00 to $22.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $19.27.

Magnite Price Performance

Shares of Magnite stock opened at $14.69 on Monday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 244.83, a P/E/G ratio of 1.00 and a beta of 2.52. Magnite has a 1-year low of $8.38 and a 1-year high of $21.29. The firm’s 50-day moving average price is $17.27 and its two-hundred day moving average price is $15.26.

Magnite (NASDAQ:MGNI) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.39 by ($0.14). The firm had revenue of $180.20 million for the quarter, compared to the consensus estimate of $183.90 million. Magnite had a return on equity of 4.64% and a net margin of 2.62%.

Insider Activity at Magnite

In related news, CFO David Day sold 11,644 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $16.44, for a total value of $191,427.36. Following the transaction, the chief financial officer now directly owns 400,859 shares in the company, valued at $6,590,121.96. This represents a 2.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Michael G. Barrett sold 147,996 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $17.52, for a total transaction of $2,592,889.92. Following the completion of the transaction, the chief executive officer now owns 634,914 shares in the company, valued at $11,123,693.28. This represents a 18.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 398,110 shares of company stock worth $7,418,043 over the last ninety days. Company insiders own 4.30% of the company’s stock.

Hedge Funds Weigh In On Magnite

Several large investors have recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Magnite in the fourth quarter valued at approximately $11,076,000. Western Wealth Management LLC acquired a new stake in Magnite in the fourth quarter worth $159,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Magnite by 7.2% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 368,620 shares of the company’s stock worth $5,868,000 after purchasing an additional 24,659 shares during the period. ProShare Advisors LLC raised its holdings in Magnite by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 35,432 shares of the company’s stock worth $564,000 after purchasing an additional 11,656 shares during the period. Finally, Occudo Quantitative Strategies LP acquired a new stake in Magnite in the fourth quarter worth $251,000. 73.40% of the stock is currently owned by institutional investors and hedge funds.

Magnite Company Profile

Magnite, Inc, together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company’s platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers.