AppNexus
-100%
est. 2Y upside i
Rank
#4046
Sector
AdTech / Online Advertising
Data Quality
Data: LowDo not join: AppNexus as an independent company no longer exists.
Last updated: July 3, 2026
No upside: core product sunsetted by Microsoft in 2026; company no longer operational.
No realistic base case: equity is worthless as company is dissolved.
Certain bear outcome: AppNexus's assets were absorbed by Microsoft and the product shut down; common equity has zero recovery.
Preference Stack Risk
severeFunding Intensity
1990%Total funding $319M at a $1.6B valuation implies 20% preference overhang; but with company defunct, common stock recovers nothing.
Dilution Risk
highNo future raises expected; company is dissolved.
Secondary Liquidity
noneNo secondary market exists; no liquidity for shares.
Questions to Ask at the Interview
Strategic questions based on AppNexus's data — designed to show you've done your homework.
- 1
“Given the company's product was sunsetted, what is the actual business going forward?”
- 2
“How does the company plan to generate revenue if the core DSP/SSP is shut down?”
- 3
“What is the timeline for a potential restructuring or wind-down?”
Community
Valuation Sentiment
Our model estimates -100% upside. What do you think?
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Community Discussion
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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.