Commodity Channel Index
|Bid||13.33 x 800|
|Ask||13.34 x 800|
|Day's Range||13.32 - 13.85|
|52 Week Range||5.59 - 14.21|
|Beta (5Y Monthly)||2.14|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 07, 2023 - Aug 11, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||15.14|
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Magnite and SpringServe’s technology will support Banijay Rights global expansion of FAST servicesLONDON, May 31, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, announced that Banijay Rights, the global distribution arm of content powerhouse Banijay, has chosen Magnite and ad server SpringServe to help monetise its free, ad-supported streaming TV (FAST) platforms. Banijay Rights will leverage Magnite’s SSP and SpringServe’s ad serv
75% of internet-connected TV viewers in LATAM watch ad-supported streaming TVSÃO PAULO, Brazil, May 29, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world’s largest independent omnichannel sell-side advertising company, today unveiled its latest research study, “The Rise of Ad-Supported Streaming: An In-Depth Look at How Ads Are Powering Streaming TV in LATAM.” The research finds that 75% of internet-connected TV viewers across Argentina, Brazil, Colombia and Mexico watch ad-supported st
Key Insights Using the 2 Stage Free Cash Flow to Equity, Magnite fair value estimate is US$13.49 With US$11.81 share...
If you had invested $1,000 in The Trade Desk (NASDAQ: TTD) when it went public in September 2016, your investment would be worth nearly $37,000 today. Between 2016 and 2021, its annual revenue rose at a compound annual growth rate (CAGR) of 43% as its net income grew at a CAGR of 46%. The Trade Desk is the world's largest independent demand-side platform (DSP) for digital ads.
IBD's proprietary RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against the rest of the market. Magnite stock is working on a cup without handle with a 14.30 buy point. Magnite stock earns the No. 26 rank among its peers in the Computer Software-Enterprise industry group.
Stock market volatility appeared poised to continue on Thursday, as stock index futures were mixed in premarket trading. Both The Trade Desk (NASDAQ: TTD) and Magnite (NASDAQ: MGNI) saw sizable gains in premarket trading, and their latest financial results could offer a rebuttal to those who are convinced that a downbeat future is inevitable. Read on to learn more about what Magnite and The Trade Desk said.
Joining me on the call today are Michael Barrett, CEO; and David Day, our CFO. Before we get started, I will remind you that our prepared remarks and answers to questions will include information that might be considered to be forward-looking statements, including, but not limited to, statements concerning our anticipated financial performance and strategic objectives, including the potential impacts of macroeconomic factors on our business.
Magnite (MGNI) delivered earnings and revenue surprises of 118.18% and 17.36%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Total Revenue Grows 10% & Revenue ex-TAC Grows 8% Year-Over-Year Revenue ex-TAC From CTV Grows 10% Year-Over-Year NEW YORK, May 10, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the world's largest independent sell-side advertising company, today reported its results of operations for the quarter ended March 31, 2023. Q1 2023 Highlights: Revenue of $130.2 million, up 10% year-over-yearRevenue ex-TAC(1) of $116.0 million, up 8% year-over-yearRevenue ex-TAC(1) attributable to CTV of $46.4 milli
In this article, we will take a look at the 12 best advertising agency stocks to buy. To see more such companies, go directly to 5 Best Advertising Agency Stocks to Buy. The global advertising market is one of the ever-evolving industries where innovation never stops. From billboards to newspapers and TV ads to web […]
For example, a company with a market cap of $500 billion might be trading at $20 a share, while one with a market cap of $1 billion could be trading at $50 a share. It subsequently focused on strengthening its core telecom business by upgrading 5G and fiber networks.
NEW YORK, May 02, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced that members of its executive team will participate in the following financial conferences: 18th Annual Needham Technology & Media Conference in New York City on Wednesday, May 17. Members of the management team will participate in a fireside chat with Needham analyst Laura Martin at 12:45 p.m. ET. Management will also host in-person investor meetings.B. Riley
Study explores the consumer attitudes and viewing habits that are reshaping the streaming landscapeSTOCKHOLM, Sweden , April 25, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world’s largest independent omnichannel sell-side advertising company, today unveiled its latest research study, “The Rise of Streaming TV: An In-Depth Look at How Streaming TV is Evolving in the Nordics.” The research finds that 78% of TV viewers in the Nordics are watching streaming TV, which comprises television c
Magnite (MGNI) announces the launch of ClearLine, a self-service solution that provides agencies direct access to buy premium video inventory on the company's platforms.
Magnite Inc (NASDAQ: MGNI) launched a self-service solution called ClearLine, unlocking new revenue streams and creating unique demand sources for publishers. This service, built on MGNI's proven technologies in deal-driven video, offers direct access to agencies to purchase premium video inventory on its platforms. Clearline will aid in considerably boosting working media spending and making it easier for sellers and agencies to share data securely. MGNI's initial launch partners for ClearLine
Camelot, GroupM, MiQ Among Launch Partners; Direct Buying Solution Maximizes Revenue for Magnite SellersNEW YORK, April 17, 2023 (GLOBE NEWSWIRE) -- Magnite, the world’s largest independent sell-side advertising company, today announced the launch of ClearLine, a self-service solution that provides agencies direct access to buy premium video inventory on the company’s platforms. Built on Magnite’s proven technologies in deal-driven video, ClearLine significantly increases spend going towards wor
Shares of advertising-technology (adtech) company Magnite (NASDAQ: MGNI) popped on Thursday morning after an analyst said it was a stock to buy. As of 10:40 a.m. ET, Magnite stock was up 10%. News broke yesterday after the market closed that B. Riley analyst Daniel Day had started covering Magnite stock.
NEW YORK, April 06, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, will announce its financial results for the first quarter ended March 31, 2023 after the market close on Wednesday, May 10, 2023. The Company will host a conference call at 1:30 PM (PT) / 4:30 PM (ET) the same day to discuss its financial results and outlook. Live conference call Toll free number: (844) 875-6911 (for domestic callers)Direct dial number: (412) 902-6511 (for
Opening of a Stockholm location will support further growth in the region STOCKHOLM, April 04, 2023 (GLOBE NEWSWIRE) -- Magnite (Nasdaq: MGNI), the largest independent sell-side advertising company, today announced the appointment of Natasha Westlund as the Head of Nordics and the opening of a new office in Stockholm, which will serve as the company’s base across Sweden, Denmark, Norway, and Finland. As Head of Nordics, Natasha is the commercial lead across both seller and buyer teams building t
Take The Trade Desk (NASDAQ: TTD), for example. The digital-advertising software company is up over 30% through the first quarter of 2023, and more than 50% from its lows last summer (a low point that was briefly re-tested in November 2022). This best-in-breed software company has always had a premium price tag, and it's certainly more expensive now than it was just a few months ago, when I thought it was a top buy.
It might be of some concern to shareholders to see the Magnite, Inc. ( NASDAQ:MGNI ) share price down 22% in the last...
Study explores how evolving consumer attitudes and viewing habits are reshaping the streaming landscape LONDON, March 21, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world’s largest independent omnichannel sell-side advertising platform, today unveiled its latest research study, “Streaming TV’s New Era: How Ads Are Powering Streaming’s Future in the EU5.” The research finds that streaming TV, which comprises television content streamed via the internet on any device, is now the most-wat
QYOU Media India’s Q PLAY app partners with SpringServe to connect advertisers with viewers across OTT and CTVMUMBAI, India, March 15, 2023 (GLOBE NEWSWIRE) -- SpringServe, the leading independent TV ad serving platform now part of Magnite (NASDAQ: MGNI), has announced that QYOU Media India has selected them as primary ad server. The move comes as QYOU Media India strengthens its focus on providing the highest quality experience for viewers across its premium content library, with an aim to conn
NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) -- SpringServe, the leading independent ad serving platform now part of Magnite (NASDAQ:MGNI), announced today that it will be joining the Amazon Publisher Services (APS) Ad Server Certification Program for streaming TV. SpringServe’s certification with APS will allow publishers to implement a simplified APS header bidding integration while maximizing the benefits of programmatic monetization across their streaming TV endpoints. Header bidding allows pub