Comparing Magnite (NASDAQ:MGNI) & Similarweb (NYSE:SMWB)

Magnite (NASDAQ:MGNI – Get Free Report) and Similarweb (NYSE:SMWB – Get Free Report) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their profitability, valuation, divid…
Albert Tromp · 8 days ago · 2 minutes read


Comparing Magnite vs. Similarweb: A Battle of Digital Giants

Institutional Ownership and Insider Holdings

Magnite boasts a solid 73.4% institutional ownership, while Similarweb trails with 57.6%. Additionally, a significant 4.3% of Magnite shares are held by company insiders, reflecting confidence in the company's long-term prospects.

Earnings and Valuation

Despite lower revenue ($218.02 million vs. Magnite's $619.71 million), Similarweb maintains higher earnings. However, with a lower price-to-earnings ratio (-141.75 vs. Magnite's 257.33), Similarweb appears to be the more affordable stock currently.

Volatility and Risk

Magnite's beta of 2.51 indicates higher price volatility than Similarweb (beta of 0.97). This means that Magnite's share price fluctuates significantly compared to the broader market.

Analyst Recommendations

"Magnite outperforms Similarweb in analyst recommendations, with a 2.92 rating score (12 Buy ratings) compared to Similarweb's 3.10 (9 Buy ratings)," emphasizes market analyst Andrew Park.

Profitability

In terms of profitability, Magnite holds an advantage, outperforming Similarweb across key metrics such as net margins (2.62% vs. -3.92%) and return on equity (4.64% vs. -44.83%).

About Magnite

Magnite provides an omni-channel advertising platform that connects publishers and advertisers, monetizing digital media properties.

About Similarweb

"Similarweb offers digital intelligence solutions that empowers clients with insights into market performance, competitors' strategies, and audience behavior," comments industry expert Lisa Wong.