MGNI

MagniteA

Nasdaq / Media & Entertainment

At close

2026-07-17

Current thesis

The cleanest bull argument remains that Q1 preserved the core thesis: CTV grew 30% year over year, profitability improved, and management raised full-year margin and free-cash-flow expectations. June IR announcements around Orchestration and Viasat Aviation at least show Magnite is still extending premium inventory and workflow tools rather than only defending legacy supply.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta +1.3.

What can break

DV+ Contribution ex-TAC was down 5% year over year in Q1 2026, so Magnite still needs CTV strength to offset weaker open-web trends. [#SEC-8K-2026-05-06]

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $22.00 · Bull $25.00 · Bear $16.00

Data freshness

Prices

As of 2026-07-17

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-17 • Model: HYBRID_IC_RP

AI Memo

As of 2026-07-02 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-17

Supporting evidence

What

Grade A · Constructive

Confidence Medium · Net Neutral

Target $22.54

Why

Momentum97 · Δ7d +1.3

Value51 · Δ7d +0.4

Sentiment58 · Δ7d +1.7

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+1.3

Δ21d

+4.0

Value

39% active weight

Current posture

7d trendFlat

Δ7d

+0.4

Δ21d

-0.4

Sentiment

34% active weight

Current posture

7d trendImproving

Δ7d

+1.7

Δ21d

-16.2

Why this grade

Composite grade A. Momentum 96.8 / Value 50.8 / Sentiment 57.5

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$2.72B

Beta

2.38

Shares Out

143.22M

P/E (TTM)

46.9

P/S (TTM)

3.43

P/FCF (TTM)

14.99

Rev YoY

+5.5%

EPS YoY

-143.9%

Gross Margin

+63.2%

Op Margin

+11.9%

Net Debt

$73M

Current Ratio

1.02

As of 2026-07-17 • Updated nightlySource: Internal modelMethodology