Magnite, Inc

Michael G. Barrett – President and CEO, David Day – CFO, Nick Kormeluk – SVP, IR. Please reply to this email to submit interest.

We are updating our model following Q4 report, our revised forecast is below. We are updating our price target to $13.50 and maintain Neutral rating. For Q1 FY24, we expect Connected TV revenue of $50m,…

We are updating our model ahead of Q4 report, our revised forecast is as follows: For Q4 FY23, we expect Connected TV revenue of $62m, Desktop revenue of $30m and Mobile revenue of $69m. We…

We are updating our model to reflect Q2 results and the new guidance. We are lowering our twelve month price target to $8.50 due to lower estimates and the target EV/Adjusted Ebitda multiple. For Q3…

We are downgrading MGNI to Neutral as the stock is trading in line with our price target of $13.50. We believe the shares will remain range-bound within our time horizon of twelve months for two…

We are updating our model to reflect Q4 results and the guidance for Q1. For Q1 FY23, we expect Connected TV revenue of $44m, Desktop revenue of $27m and Mobile revenue of $40m. We expect…

Cannonball Research is hosting a Virtual Non-Deal Roadshow with Magnite Inc. (MGNI) on Thursday, February 23rd Participating Management: Michael Barrett – President & CEO, David Day – CFO,  Nick Kormeluk – SVP, IR & Global…