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Do You Have These Top Tech Stocks On Your September 2021 Watchlist? While Chinese tech stocks face regulatory woes, domestic names in the tech industry continue to shine. For the most part, this section of the stock market today remains active. Understandably, with the world...
All eyes are on CTV, and why this is an attractive space for ad tech companies. Ad tech companies are going through a difficult time in 2021. At less than 6x next year's sales, this stock is cheaply valued. For further details see: Magnite: 6x Next Year's Sales, This Sto...
Digital advertising is a secular growth trend now in its second decade -- and one poised to last for another decade or more. Global spending estimates are calling for an additional $200 billion or so to migrate from traditional marketing to digital in the next few years and reach some $650 ...
Shares of advertising technology company Magnite (NASDAQ: MGNI) have been on an amazing run. Conceived as a merger of equals from programmatic digital advertiser Rubicon Project and connected TV (CTV) specialist Telaria, it has rallied from last year's pandemic lows that saw shares ...
SEATTLE, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing home services, announced today that Rachel Lam and Maurice Tulloch have been appointed to its Board of Director...
Earnings season has largely faded to a close in the Communications Services sector, but for better or worse that's still the news that's driving the group's weekly top gainers and losers. Overall, the sector was in the middle of the pack for the week with a 0.74% gain overall - not as good as...
Do You Have These Top Data Analytics Stocks On Your Focus List Right Now? As the broader stock market continues to soar toward newer heights amidst the current pandemic conditions, data analytics stocks shine. After all, some would argue that the industry’s relevance in o...
Magnite 's (NASDAQ: MGNI) stock recently rallied after the ad tech company posted its second-quarter earnings. Its revenue surged 170% year over year to $114.5 million, beating estimates by $20.8 million. On an ex-TAC basis, which excludes its traffic acquisition costs, Magnite'...
Magnite's guidance for 2022 points towards $450 million in net revenues (excluding TAC). Magnite's CTV business now accounts for more than a third of its total business. Magnite's stock is priced at just 10x sales, which is very cheap amongst digital advertising stocks. For ...
Perion Network posted another solid earnings beat and raised guidance to hit gross revenue goals one year ahead of schedule. The market seems quite confused and the stock has swung wildly in the days following earnings, to what is this attributed? Looking forward, what are Perion'...
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2024-07-25 10:00:07 ET Eric Martinuzzi from Lake Street issued a price target of $21.00 for MGNI on 2024-07-25 08:24:00. The adjusted price target was set to $21.00. At the time of the announcement, MGNI was trading at $14.27. The overall price target consensus is at $19...
Gracenote teams with major connected TV (CTV) players to optimize contextual ad targeting PR Newswire New contextual categories powered by program-level Gracenote metadata available for Q4 campaigns with Cineverse, DIRECTV Advertising, Philo, Tastemade and Xumo to help bu...
Magnite Chosen as the Preferred Technology Partner to Enhance TELUS' Connected TV Offering Canada NewsWire TELUS will leverage Magnite's SpringServe Ad Server and Streaming SSP to bring innovative advertising opportunities to the Canadian market TORONTO , ...