Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
12.40
+0.18 (1.47%)
Apr 25, 2025, 4:00 PM EDT - Market closed
Magnite Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Magnite stock have an average target of 19.15, with a low estimate of 14 and a high estimate of 25. The average target predicts an increase of 54.44% from the current stock price of 12.40.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Magnite stock from 13 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 5 |
| Buy | 5 | 6 | 7 | 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 | 12 | 13 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +101.61% | Apr 21, 2025 |
| Needham | Needham | Strong Buy Reiterates $14 | Strong Buy | Reiterates | $14 | +12.90% | Apr 21, 2025 |
| Needham | Needham | Strong Buy Reiterates $14 | Strong Buy | Reiterates | $14 | +12.90% | Apr 15, 2025 |
| Needham | Needham | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +61.29% | Apr 2, 2025 |
| Benchmark | Benchmark | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +101.61% | Mar 10, 2025 |
Financial Forecast
Revenue This Year
681.79M
from 668.17M
Increased by 2.04%
Revenue Next Year
756.02M
from 681.79M
Increased by 10.89%
EPS This Year
0.92
from 0.16
Increased by 476.48%
EPS Next Year
1.12
from 0.92
Increased by 21.96%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 704.2M | 787.8M | 858.4M |
| Avg | 681.8M | 756.0M | 833.9M |
| Low | 649.4M | 715.4M | 801.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 5.4% | 15.5% | 13.5% |
| Avg | 2.0% | 10.9% | 10.3% |
| Low | -2.8% | 4.9% | 6.0% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.04 | 1.27 |
| Avg | 0.92 | 1.12 |
| Low | 0.83 | 1.00 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 549.7% | 37.7% |
| Avg | 476.5% | 22.0% |
| Low | 420.6% | 8.4% |
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.