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 $22.07. The average 1-year stock price forecast is 26.48% higher than the current stock price, while the lowest is $15 (-14.04%) and the highest is $39 (+123.50%).

Price Target: $22.07 (+26.48%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$15	$22.07	$21	$39
Change	-14.04%	+26.48%	+20.34%	+123.50%

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 '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	9	9	9	9	9	10
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	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Swanson RBC Capital	RBC Capital	Buy Maintains $20	Buy	Maintains	$20	+14.61%	Jun 10, 2026
Tyler DiMatteo BTIG	BTIG	Buy Initiates $20	Buy	Initiates	$20	+14.61%	Jun 9, 2026
Omar Dessouky Bank of America Securities	Bank of America Securities	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 8, 2026
Jason Kreyer Craig-Hallum	Craig-Hallum	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 4, 2026
Laura Martin Needham	Needham	Buy Maintains $25	Buy	Maintains	$25	+43.27%	Jun 3, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

751.79M

from 713.95M

5.30%

from 713.95M

Revenue Next Year

819.88M

from 751.79M

9.06%

from 751.79M

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	751.79M
Revenue Growth	111.35%	23.20%	7.39%	7.82%	6.85%	5.30%
Gross Profit	266.75M	269.90M	209.80M	409.33M	447.33M	475.32M
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	121.27M
Net Income	65.00K	-130.32M	-159.18M	22.79M	144.61M	103.15M
EPS	-	-	-	-	0.87	1.11
EPS Growth	-	-	-	-	22.54%	27.08%
Forward PE	23.95	14.46	15.13	18.34	16.58	15.78
Free Cash Flow	160.05M	197.94M	244.05M	173.69M	119.60M	190.32M
No. Analysts	-	-	-	-	-	11

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

Revenue Forecast

Revenue	2026	2027	2028
High	792.9M
Avg	751.8M
Low	742.4M

Revenue Growth

Revenue Growth	2026	2027	2028
High	11.1%
Avg	5.3%
Low	4.0%

EPS Forecast

EPS	2026	2027	2028
High	1.25
Avg	1.11
Low	0.87

EPS Growth

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