Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
10.99
-0.61 (-5.22%)
Mar 31, 2025, 9:55 AM EDT - Market open
Magnite Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Magnite stock have an average target of 19.25, with a low estimate of 14.5 and a high estimate of 25. The average target predicts an increase of 75.16% from the current stock price of 10.99.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Magnite stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 4 | 5 | 6 | 7 | 7 | 7 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +127.48% | Mar 10, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $16 → $22 | Buy | Maintains | $16 → $22 | +100.18% | Feb 27, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $21 → $25 | Strong Buy | Maintains | $21 → $25 | +127.48% | Feb 27, 2025 |
| Needham | Needham | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +81.98% | Feb 27, 2025 |
| Needham | Needham | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +81.98% | Jan 17, 2025 |
Financial Forecast
Revenue This Year
683.37M
from 668.17M
Increased by 2.27%
Revenue Next Year
758.40M
from 683.37M
Increased by 10.98%
EPS This Year
0.95
from 0.16
Increased by 491.20%
EPS Next Year
1.18
from 0.95
Increased by 24.94%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 709.0M | 805.0M | 858.4M |
| Avg | 683.4M | 758.4M | 833.9M |
| Low | 653.1M | 713.4M | 801.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 6.1% | 17.8% | 13.2% |
| Avg | 2.3% | 11.0% | 9.9% |
| Low | -2.3% | 4.4% | 5.6% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.08 | 1.33 |
| Avg | 0.95 | 1.18 |
| Low | 0.78 | 1.05 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 575.3% | 41.0% |
| Avg | 491.2% | 24.9% |
| Low | 390.0% | 10.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.