Why Did Stan Druckenmiller Sell Broadcom Stock?
In Q3, legendary macro investor Stan Druckenmiller sold his entire…
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2023-09-30 | 2024-09-30 | 2025-09-30 | 2024-09-30 | 2025-09-30 | |
| Income Statement | ||||||
| Revenue | $608.2M | $661.1M | $702.6M | $162M | $179.5M | |
| Gross Profit | $115.9M | $388.8M | $431.2M | $96.8M | $109.9M | |
| Operating Income | -$211.2M | $46M | $85.9M | $15.1M | $25M | |
| EBITDA | $90.4M | $105.2M | $142.1M | $29.7M | $37.3M | |
| Diluted EPS | -$1.68 | $0.11 | $0.38 | $0.04 | $0.13 | |
| Period Ending | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 | 2025-09-30 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $974.3M | $1.1B | $1.3B | $1.6B | $1.7B | |
| Total Assets | $2.5B | $2.5B | $2.4B | $2.7B | $2.9B | |
| Current Liabilities | $858.9M | $919M | $1.1B | $1.4B | $1.7B | |
| Total Liabilities | $1.7B | $1.7B | $1.8B | $2B | $2.1B | |
| Total Equity | $876.8M | $810.5M | $652.1M | $725.9M | $808M | |
| Total Debt | $775.3M | $790M | $659.2M | $600.4M | $605M | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2023-09-30 | 2024-09-30 | 2025-09-30 | 2024-09-30 | 2025-09-30 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $214M | $209.6M | $222.4M | $91.3M | $86.6M | |
| Cash From Investing | -$40.6M | -$52.7M | -$70.6M | -$18.1M | -$30.5M | |
| Cash From Financing | -$117.5M | -$81.6M | -$56.5M | -$13.8M | $345K | |
| Free Cash Flow | $173.4M | $156.9M | $160.7M | $73.2M | $64.6M | |
Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. It features applications and services for digital advertising sellers including websites, mobile applications, and other digital media properties. The company was founded by Frank Addante, Duc Chau, Craig Roah, Julie Mattern and Brian D. Baumgart on April 20, 2007 and is headquartered in New York, NY.
In the current month, MGNI has received 9 Buy ratings 1 Hold ratings, and 0 Sell ratings. The MGNI average analyst price target in the past 3 months is $26.86.
According to analysts, the consensus estimate is that Magnite, Inc. share price will rise to $26.86 per share over the next 12 months.
Analysts are divided on their view about Magnite, Inc. share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Magnite, Inc. is a Sell and believe this share price will drop from its current level to $20.00.
The price target for Magnite, Inc. over the next 1-year time period is forecast to be $26.86 according to 10 Wall Street analysts, 9 of them rate the stock a Buy, 0 rate the stock a Sell, and 1 analyst rates the stock a Hold.
According to Wall Street analysts, the consensus rating for Magnite, Inc. is a Buy. 9 of 10 analysts rate the stock a Buy at this time.
You can purchase shares of Magnite, Inc. via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Magnite, Inc. shares.
Magnite, Inc. was last trading at $16.86 per share. This represents the most recent stock quote for Magnite, Inc.. Yesterday, Magnite, Inc. closed at $16.77 per share.
In order to purchase Magnite, Inc. stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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