Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
25.44
+0.18 (0.71%)
At close: Oct 1, 2026, 4:00 PM EDT
25.51
+0.07 (0.28%)
After-hours: Oct 1, 2026, 7:30 PM EDT

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 $28.8. The average 1-year stock price forecast is 13.21% higher than the current stock price, while the lowest is $21 (-17.45%) and the highest is $43 (+69.03%).

Price Target: $28.8 (+13.21%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$21$28.8$27$43
Change-17.45%+13.21%+6.13%+69.03%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy9910101010
Buy443333
Hold112222
Sell000000
Strong Sell000000
Total141415151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$25 → $38
BuyReiterates$25 → $38+49.37%Sep 29, 2026
B. Riley Securities
B. Riley Securities
Buy
Maintains
$27 → $30
BuyMaintains$27 → $30+17.92%Sep 18, 2026
Craig-Hallum
Craig-Hallum
Buy
Reiterates
$28 → $32
BuyReiterates$28 → $32+25.79%Sep 17, 2026
Unknown Analyst
StoneX
No rating
StoneX
Buy
Maintains
$33 → $43
BuyMaintains$33 → $43+69.03%Sep 17, 2026
BTIG
BTIG
Buy
Maintains
$27
BuyMaintains$27+6.13%Sep 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
761.44M
from 713.95M
Increased by 6.65%
Revenue Next Year
836.31M
from 761.44M
Increased by 9.83%
EPS This Year
1.10
from 0.87
Increased by 26.90%
EPS Next Year
1.32
from 1.10
Increased by 19.66%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
468.41M577.07M619.71M668.17M713.95M761.44M
Revenue Growth
111.35%23.20%7.39%7.82%6.85%6.65%
Gross Profit
266.75M269.90M209.80M409.33M447.33M493.23M
Gross Margin
56.95%46.77%33.86%61.26%62.66%64.78%
Operating Income
-42.89M-105.32M-147.54M51.09M97.76M138.42M
Net Income
65.00K-130.32M-159.18M22.79M144.61M101.19M
EPS
----0.871.10
EPS Growth
----22.54%26.90%
Forward PE
23.9514.4615.1318.3416.5823.04
Free Cash Flow
----129.68M198.01M
No. Analysts
-----11
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High775.8M
Avg761.4M
Low756.8M

Revenue Growth

Revenue Growth202620272028
High
8.7%
Avg
6.7%
Low
6.0%

EPS Forecast

EPS202620272028
High1.26
Avg1.10
Low0.86

EPS Growth

EPS Growth202620272028
High
44.8%
Avg
26.9%
Low
-1.1%