MGNI
Magnite Inc. Technology - Digital Advertising Investor Relations →
Magnite Inc. (MGNI) closed at $11.29 as of 2026-02-02, trading 10.9% below its 200-week moving average of $12.67. This places MGNI in the extreme value zone. The stock is currently moving closer to the line, down from 14.2% last week. With a 14-week RSI of 26, MGNI is in oversold territory.
Over the past 570 weeks of data, MGNI has crossed below its 200-week moving average 9 times. On average, these episodes lasted 39 weeks. Historically, investors who bought MGNI at the start of these episodes saw an average one-year return of +128.9%.
With a market cap of $1622 million, MGNI is a small-cap stock. The company generates a free cash flow yield of 9.3%, which is notably high. Return on equity stands at 7.6%. The stock trades at 2.0x book value.
Share count has increased 7.0% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 11 years, a hypothetical investment of $100 in MGNI would have grown to $65, compared to $403 for the S&P 500. MGNI has returned -3.8% annualized vs 13.5% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 24.5% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: MGNI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MGNI Crosses Below the Line?
Across 8 historical episodes, buying MGNI when it crossed below its 200-week moving average produced an average return of +155.0% after 12 months (median -41.0%), compared to +20.9% for the S&P 500 over the same periods. 29% of those episodes were profitable after one year. After 24 months, the average return was -9.6% vs +40.1% for the index.
Each line shows $100 invested at the moment MGNI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MGNI has crossed below its 200-week MA 9 times with an average 1-year return of +128.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2015 | Sep 2015 | 6 | 3.7% | -37.5% | -22.4% |
| Nov 2015 | Nov 2015 | 2 | 1.6% | -44.9% | -22.3% |
| Jan 2016 | Feb 2016 | 6 | 17.7% | -40.6% | -22.0% |
| May 2016 | Jul 2019 | 168 | 85.4% | -58.0% | -20.2% |
| Mar 2020 | Apr 2020 | 6 | 30.6% | +717.4% | +87.5% |
| May 2020 | May 2020 | 2 | 10.9% | +388.1% | +120.5% |
| Jan 2022 | Nov 2024 | 148 | 58.6% | -21.9% | -11.2% |
| Mar 2025 | May 2025 | 9 | 33.5% | N/A | -13.8% |
| Feb 2026 | Ongoing | 1+ | 10.9% | Ongoing | N/A |
| Average | 39 | — | +128.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02