Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
17.94
+0.44 (2.51%)
Oct 14, 2025, 3:57 PM EDT - Market open

Magnite Stock Forecast

Stock Price Forecast

The 11 analysts that cover Magnite stock have a consensus rating of "Strong Buy" and an average price target of $26.18, which forecasts a 45.93% increase in the stock price over the next year. The lowest target is $18 and the highest is $39.

Price Target: $26.18 (+45.93%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$18$26.18$27$39
Change+0.33%+45.93%+50.50%+117.39%

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

RatingMay '25Jun '25Jul '25Aug '25Sep '25Oct '25
Strong Buy665655
Buy766665
Hold111111
Sell000000
Strong Sell000000
Total141312131211

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Hold
Maintains
$24$22
HoldMaintains$24$22+22.63%Oct 6, 2025
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$39
Strong BuyMaintains$39+117.39%Sep 26, 2025
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$39
Strong BuyMaintains$39+117.39%Sep 17, 2025
Scotiabank
Scotiabank
Buy
Maintains
$22$30
BuyMaintains$22$30+67.22%Aug 7, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$30$31
Strong BuyMaintains$30$31+72.80%Aug 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
682.12M
from 668.17M
Increased by 2.09%
Revenue Next Year
759.93M
from 682.12M
Increased by 11.41%
EPS This Year
0.92
from 0.16
Increased by 476.14%
EPS Next Year
1.16
from 0.92
Increased by 25.45%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
221.63M468.41M577.07M619.71M668.17M682.12M759.93M
Revenue Growth
41.69%111.35%23.20%7.39%7.82%2.09%11.41%
EPS
-0.550.00-0.98-1.170.160.921.16
EPS Growth
-----476.14%25.45%
Forward PE
-----19.4615.51
No. Analysts
-----1414
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High710.9M825.3M
Avg682.1M759.9M
Low651.5M714.9M

Revenue Growth

Revenue Growth202520262027
High
6.4%
21.0%
Avg
2.1%
11.4%
Low
-2.5%
4.8%

EPS Forecast

EPS20252026
High1.011.45
Avg0.921.16
Low0.810.96

EPS Growth

EPS Growth20252026
High
530.0%
57.2%
Avg
476.1%
25.4%
Low
408.4%
4.2%
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.