Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
23.50
+0.15 (0.64%)
Aug 21, 2026, 4:00 PM EDT - Market closed
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 $27.33. The average 1-year stock price forecast is 16.30% higher than the current stock price, while the lowest is $21 (-10.64%) and the highest is $40 (+70.21%).
Price Target: $27.33 (+16.30%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 10 | 10 | 10 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $21 → $22 | Hold | Maintains | $21 → $22 | -6.38% | Aug 7, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Aug 6, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $17 → $27 | Buy | Maintains | $17 → $27 | +14.89% | Aug 6, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Maintains $22 → $28 | Buy | Maintains | $22 → $28 | +19.15% | Aug 6, 2026 |
| B. Riley Securities | B. Riley Securities | Buy Maintains $20 → $27 | Buy | Maintains | $20 → $27 | +14.89% | Aug 6, 2026 |
Financial Forecast
Revenue This Year
763.28M
from 713.95M
Increased by 6.91%
Revenue Next Year
838.15M
from 763.28M
Increased by 9.81%
EPS This Year
1.11
from 0.87
Increased by 27.01%
EPS Next Year
1.29
from 1.11
Increased by 16.74%
EPS and Forward PE are based on non-GAAP adjusted numbers.