MGNI

Magnite, Inc.

Communication Services · $3.7B market cap

Verdict

Share price

$24.73

close of Oct 3, 2026

Fair value

$18.16

Sticker Price

Payback Price

$7.27

buy price

Overpriced

MGNI is Overpriced: at $24.73 it trades 36% above its fair value of $18.16. Its buy price (Payback Price) is $7.27, 71% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew 7% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth502.2% a year✓
Equity per share growth1.5% a year✗
Sales growth16.9% a year✓
Free cash flow growth17.3% a year✓
Return on invested capital-0.8%✗

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Superinvestors

1 of the investors we track holds MGNI. In Q2 2026, 1 added. Who we track

Moves in Q2 2026

Added: First Eagle Investment Management

Insider activity

Since Jun 15, 2026: no open-market purchases, 36 sales worth $23.7M and 16 other filings (stock awards, tax withholding and similar). Why purchases matter

Sales

Evans Katie Seitz

See Remarks · 2026-09-11

Sold

$336K

Caine Paul

director · 2026-09-10

Sold

$118K

Saltz Aaron

CHIEF LEGAL OFFICER · 2026-09-10

Sold

$936K

Evans Katie Seitz

See Remarks · 2026-09-09

Sold

$260K

Evans Katie Seitz

See Remarks · 2026-09-08

Sold

$763K

Show all 36 sales

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-09-02

Sold

$26K

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-09-01

Sold

$126K

Harden Sarah Patricia

director · 2026-08-28

Sold

$442K

Harden Sarah Patricia

director · 2026-08-26

Sold

$712K

Buckley Sean Patrick

See Remarks · 2026-08-18

Sold

$69K

Buckley Sean Patrick

See Remarks · 2026-08-17

Sold

$201K

Caine Paul

director · 2026-08-14

Sold

$188K

Caine Paul

director · 2026-08-10

Sold

$122K

Lam Rachel

director · 2026-08-10

Sold

$242K

Gephart Brian

CHIEF ACCOUNTING OFFICER · 2026-08-10

Sold

$308K

BARRETT MICHAEL G.

CEO · 2026-08-06

Sold

$6.7M

Evans Katie Seitz

See Remarks · 2026-08-06

Sold

$480K

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-08-06

Sold

$22K

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-08-06

Sold

$62K

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-08-06

Sold

$95K

Knopper Douglas S

director · 2026-08-06

Sold

$848K

Buckley Sean Patrick

See Remarks · 2026-08-06

Sold

$442K

Buckley Sean Patrick

See Remarks · 2026-08-06

Sold

$1.2M

BARRETT MICHAEL G.

CEO · 2026-07-15

Sold

$785K

Caine Paul

director · 2026-07-10

Sold

$103K

Buckley Sean Patrick

See Remarks · 2026-07-07

Sold

$404K

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-07-07

Sold

$26K

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-07-01

Sold

$188K

BARRETT MICHAEL G.

CEO · 2026-06-29

Sold

$1.5M

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-06-17

Sold

$27K

Buckley Sean Patrick

See Remarks · 2026-06-17

Sold

$365K

BARRETT MICHAEL G.

CEO · 2026-06-16

Sold

$1.8M

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-06-16

Sold

$202K

Knopper Douglas S

director · 2026-06-16

Sold

$676K

BARRETT MICHAEL G.

CEO · 2026-06-15

Sold

$3.0M

Buonasera David

CHIEF TECHNOLOGY OFFICER · 2026-06-15

Sold

$18K

Other filings

About Magnite, Inc.

Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers…

Advertising Agencies

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works