Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
24.53
-0.14 (-0.57%)
At close: Jul 3, 2025, 1:00 PM
24.49
-0.04 (-0.16%)
After-hours: Jul 3, 2025, 4:44 PM EDT
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 $20.85, which forecasts a -15% decrease in the stock price over the next year. The lowest target is $15 and the highest is $39.
Price Target: $20.85 (-15%)
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 7 | 7 | 7 | 7 | 7 | 6 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Rosenblatt | Rosenblatt | Strong Buy Maintains $18 → $39 | Strong Buy | Maintains | $18 → $39 | +58.99% | Jun 30, 2025 |
| Needham | Needham | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | -26.62% | May 15, 2025 |
| Needham | Needham | Strong Buy Maintains $14 → $18 | Strong Buy | Maintains | $14 → $18 | -26.62% | May 12, 2025 |
| Lake Street | Lake Street | Strong Buy Maintains $21 → $19 | Strong Buy | Maintains | $21 → $19 | -22.54% | May 8, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $25 → $24 | Strong Buy | Maintains | $25 → $24 | -2.16% | May 8, 2025 |
Financial Forecast
Revenue This Year
670.33M
from 668.17M
Increased by 0.32%
Revenue Next Year
744.18M
from 670.33M
Increased by 11.02%
EPS This Year
0.88
from 0.16
Increased by 449.05%
EPS Next Year
1.07
from 0.88
Increased by 21.34%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 702.5M | 800.1M | 858.4M |
| Avg | 670.3M | 744.2M | 833.9M |
| Low | 638.8M | 692.7M | 801.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 5.1% | 19.4% | 15.3% |
| Avg | 0.3% | 11.0% | 12.0% |
| Low | -4.4% | 3.3% | 7.7% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.05 | 1.31 |
| Avg | 0.88 | 1.07 |
| Low | 0.71 | 0.83 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 556.3% | 49.4% |
| Avg | 449.0% | 21.3% |
| Low | 341.0% | -5.2% |
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.