Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
14.85
-0.53 (-3.45%)
At close: Jun 2, 2026, 4:00 PM EDT
14.67
-0.18 (-1.21%)
After-hours: Jun 2, 2026, 7:22 PM EDT
Magnite Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, Magnite stock has a consensus rating of "Strong Buy" and an average price target of $22.21. The average 1-year stock price forecast is 49.56% higher than the current stock price, while the lowest is $15 (+1.01%) and the highest is $39 (+162.63%).
Price Target: $22.21 (+49.56%)
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 '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 9 | 9 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| 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 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Buy Maintains $25 | Buy | Maintains | $25 | +68.35% | May 19, 2026 |
| Evercore ISI | Evercore ISI | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +41.41% | May 7, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Maintains $22 | Buy | Maintains | $22 | +48.15% | May 7, 2026 |
| Lake Street | Lake Street | Buy Reiterates $22 | Buy | Reiterates | $22 | +48.15% | May 7, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +34.68% | May 7, 2026 |
Financial Forecast
Revenue This Year
752.20M
from 713.95M
Increased by 5.36%
Revenue Next Year
820.89M
from 752.20M
Increased by 9.13%
EPS This Year
0.68
from 0.95
Decreased by -28.04%
EPS Next Year
0.86
from 0.68
Increased by 25.53%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 792.9M | ||
| Avg | 752.2M | ||
| Low | 742.4M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.1% | ||
| Avg | 5.4% | ||
| Low | 4.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 0.82 | ||
| Avg | 0.68 | ||
| Low | 0.58 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | -13.7% | ||
| Avg | -28.0% | ||
| Low | -38.9% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.