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 $22.4. The average 1-year stock price forecast is 16.06% higher than the current stock price, while the lowest is $17 (-11.92%) and the highest is $38 (+96.89%).

Price Target: $22.4 (+16.06%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$17	$22.4	$21	$38
Change	-11.92%	+16.06%	+8.81%	+96.89%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	9	9	9	9	10	10
Buy	4	4	4	4	3	3
Hold	1	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	14	14	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Swanson RBC Capital	RBC Capital	Buy Maintains $20	Buy	Maintains	$20	+3.63%	Jul 30, 2026
Alec Brondolo Wells Fargo	Wells Fargo	Hold Reiterates $15 → $21	Hold	Reiterates	$15 → $21	+8.81%	Jul 17, 2026
Jason Kreyer Craig-Hallum	Craig-Hallum	Buy Reiterates $22	Buy	Reiterates	$22	+13.99%	Jun 29, 2026
Laura Martin Needham	Needham	Buy Maintains $25	Buy	Maintains	$25	+29.53%	Jun 24, 2026
Tyler DiMatteo BTIG	BTIG	Buy Initiates $20	Buy	Initiates	$20	+3.63%	Jun 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

747.80M

from 713.95M

4.74%

from 713.95M

Revenue Next Year

816.16M

from 747.80M

9.14%

from 747.80M

EPS This Year

1.11

from 0.87

27.08%

from 0.87

EPS Next Year

1.24

from 1.11

11.80%

from 1.11

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	468.41M	577.07M	619.71M	668.17M	713.95M	747.80M
Revenue Growth	111.35%	23.20%	7.39%	7.82%	6.85%	4.74%
Gross Profit	266.75M	269.90M	209.80M	409.33M	447.33M	472.80M
Gross Margin	56.95%	46.77%	33.86%	61.26%	62.66%	63.23%
Operating Income	-42.89M	-105.32M	-147.54M	51.09M	97.76M	121.91M
Net Income	65.00K	-130.32M	-159.18M	22.79M	144.61M	103.64M
EPS	-	-	-	-	0.87	1.11
EPS Growth	-	-	-	-	22.54%	27.08%
Forward PE	23.95	14.46	15.13	18.34	16.58	17.46
Free Cash Flow	160.05M	197.94M	244.05M	173.69M	119.60M	192.60M
No. Analysts	-	-	-	-	-	11

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	763.9M
Avg	747.8M
Low	742.4M

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	7.0%
Avg	4.7%
Low	4.0%

EPS Forecast

Chart

EPS	2026	2027	2028
High	1.25
Avg	1.11
Low	0.87

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	43.7%
Avg	27.1%
Low	-