Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
15.88
-0.71 (-4.28%)
At close: May 15, 2025, 4:00 PM
15.99
+0.11 (0.69%)
After-hours: May 15, 2025, 6:27 PM EDT
Magnite Stock Forecast
Stock Price Forecast
According to 14 professional analysts, the 12-month price target for Magnite stock ranges from a low of $15 to a high of $24. The average analyst price target of $18.93 forecasts a 19.21% increase in the stock price over the next year.
Price Target: $18.93 (+19.21%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Magnite stock 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 6 | 7 | 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 | 13 | 14 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +13.35% | May 15, 2025 |
| Needham | Needham | Strong Buy Maintains $14 → $18 | Strong Buy | Maintains | $14 → $18 | +13.35% | May 12, 2025 |
| Lake Street | Lake Street | Strong Buy Maintains $21 → $19 | Strong Buy | Maintains | $21 → $19 | +19.65% | May 8, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $25 → $24 | Strong Buy | Maintains | $25 → $24 | +51.13% | May 8, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $18 | Strong Buy | Maintains | $18 | +13.35% | May 8, 2025 |
Financial Forecast
Revenue This Year
685.90M
from 668.17M
Increased by 2.65%
Revenue Next Year
763.13M
from 685.90M
Increased by 11.26%
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 | 767.3M | 865.4M | 858.4M |
| Avg | 685.9M | 763.1M | 833.9M |
| Low | 639.0M | 697.8M | 801.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.8% | 26.2% | 12.5% |
| Avg | 2.7% | 11.3% | 9.3% |
| Low | -4.4% | 1.7% | 5.0% |
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.