Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
23.96
+0.41 (1.74%)
Sep 11, 2026, 12:08 PM EDT - Market open
Magnite Stock Forecast
Stock Price Forecast
According to 15 analysts polled by S&P Global, Magnite stock has a consensus rating of "Strong Buy" and an average price target of $27.67. The average 1-year stock price forecast is 15.48% higher than the current stock price, while the lowest is $21 (-12.35%) and the highest is $40 (+66.94%).
Price Target: $27.67 (+15.48%)
Analyst Consensus: Strong Buy
Price Target
ChartAnalyst 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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 10 | 10 | 10 | 10 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 15 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bank of America Securities | Bank of America Securities | Buy Maintains $25 | Buy | Maintains | $25 | +4.34% | Sep 10, 2026 |
| BTIG | BTIG | Buy Maintains $27 | Buy | Maintains | $27 | +12.69% | Sep 10, 2026 |
| Needham | Needham | Buy Reiterates $30 | Buy | Reiterates | $30 | +25.21% | Sep 3, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Reiterates $28 | Buy | Reiterates | $28 | +16.86% | Sep 3, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | -8.18% | Aug 7, 2026 |
Financial Forecast
Revenue This Year
762.64M
from 713.95M
Increased by 6.82%
Revenue Next Year
837.60M
from 762.64M
Increased by 9.83%
EPS This Year
1.10
from 0.87
Increased by 26.90%
EPS Next Year
1.29
from 1.10
Increased by 16.76%
EPS and Forward PE are based on non-GAAP adjusted numbers.