Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
23.52
+0.57 (2.48%)
Jul 25, 2025, 4:00 PM - Market closed

Magnite Stock Forecast

Stock Price Forecast

The 13 analysts that cover Magnite stock have a consensus rating of "Strong Buy" and an average price target of $22, which forecasts a -6.46% decrease in the stock price over the next year. The lowest target is $17 and the highest is $39.

Price Target: $22 (-6.46%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$17$22$19$39
Change-27.72%-6.46%-19.22%+65.82%

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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy666666
Buy777766
Hold111111
Sell000000
Strong Sell000000
Total141414141313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Benchmark
Benchmark
Strong Buy
Maintains
$24$30
Strong BuyMaintains$24$30+27.55%Jul 22, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$13$24
HoldMaintains$13$24+2.04%Jul 8, 2025
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$18$39
Strong BuyMaintains$18$39+65.82%Jun 30, 2025
Needham
Needham
Strong Buy
Reiterates
$18
Strong BuyReiterates$18-23.47%May 15, 2025
Needham
Needham
Strong Buy
Maintains
$14$18
Strong BuyMaintains$14$18-23.47%May 12, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
671.04M
from 668.17M
Increased by 0.43%
Revenue Next Year
748.12M
from 671.04M
Increased by 11.49%
EPS This Year
0.89
from 0.16
Increased by 454.62%
EPS Next Year
1.07
from 0.89
Increased by 20.69%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
221.63M468.41M577.07M619.71M668.17M671.04M748.12M833.85M
Revenue Growth
41.69%111.35%23.20%7.39%7.82%0.43%11.49%11.46%
EPS
-0.550.00-0.98-1.170.160.891.07-
EPS Growth
-----454.62%20.69%-
Forward PE
-----26.5021.96-
No. Analysts
-----14143
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High702.5M800.1M858.4M
Avg671.0M748.1M833.9M
Low638.8M692.7M801.2M

Revenue Growth

Revenue Growth202520262027
High
5.1%
19.2%
14.7%
Avg
0.4%
11.5%
11.5%
Low
-4.4%
3.2%
7.1%

EPS Forecast

EPS20252026
High1.051.31
Avg0.891.07
Low0.750.87

EPS Growth

EPS Growth20252026
High
556.3%
47.9%
Avg
454.6%
20.7%
Low
371.6%
-1.7%
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.