Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
29.29
-0.05 (-0.17%)
At close: Nov 13, 2026, 4:00 PM EST
29.00
-0.29 (-0.99%)
After-hours: Nov 13, 2026, 7:50 PM EST

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 $32.27. The average 1-year stock price forecast is 10.17% higher than the current stock price, while the lowest is $23 (-21.47%) and the highest is $44 (+50.22%).

Price Target: $32.27 (+10.17%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$23$32.27$32$44
Change-21.47%+10.17%+9.25%+50.22%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy101010101010
Buy333333
Hold222222
Sell000000
Strong Sell000000
Total151515151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BTIG
BTIG
Buy
Reiterates
$27 → $33
BuyReiterates$27 → $33+12.67%Nov 9, 2026
Evercore ISI
Evercore ISI
Buy
Maintains
$25 → $33
BuyMaintains$25 → $33+12.67%Nov 5, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$38
BuyReiterates$38+29.74%Nov 5, 2026
B. Riley Securities
B. Riley Securities
Buy
Maintains
$30 → $32
BuyMaintains$30 → $32+9.25%Nov 5, 2026
Lake Street
Lake Street
Buy
Maintains
$25 → $29
BuyMaintains$25 → $29-0.99%Nov 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
785.81M
from 713.95M
Increased by 10.06%
Revenue Next Year
860.48M
from 785.81M
Increased by 9.50%
EPS This Year
1.17
from 0.87
Increased by 34.06%
EPS Next Year
1.36
from 1.17
Increased by 16.68%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
468.41M577.07M619.71M668.17M713.95M785.81M
Revenue Growth
111.35%23.20%7.39%7.82%6.85%10.06%
Gross Profit
266.75M269.90M209.80M409.33M447.33M516.47M
Gross Margin
56.95%46.77%33.86%61.26%62.66%65.73%
Operating Income
-42.89M-105.32M-147.54M51.09M97.76M147.49M
Net Income
65.00K-130.32M-159.18M22.79M144.61M114.60M
EPS
----0.871.17
EPS Growth
----22.54%34.06%
Forward PE
23.9514.4615.1318.3416.5825.11
Free Cash Flow
----129.68M214.00M
No. Analysts
-----10
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High796.1M
Avg785.8M
Low780.3M

Revenue Growth

Revenue Growth202620272028
High
11.5%
Avg
10.1%
Low
9.3%

EPS Forecast

EPS202620272028
High1.28
Avg1.17
Low0.89

EPS Growth

EPS Growth202620272028
High
47.1%
Avg
34.1%
Low
2.3%