Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
12.91
-0.91 (-6.58%)
At close: May 13, 2026, 4:00 PM EDT
12.97
+0.06 (0.46%)
After-hours: May 13, 2026, 5:42 PM EDT
Magnite Stock Forecast
Stock Price Forecast
The 9 analysts that cover Magnite stock have a consensus rating of "Strong Buy" and an average price target of $25, which forecasts a 93.65% increase in the stock price over the next year. The lowest target is $15 and the highest is $39.
Price Target: $25 (+93.65%)
Analyst Consensus: Strong Buy
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 5 | 5 | 3 | 3 | 3 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $13 → $15 | Hold | Maintains | $13 → $15 | +16.19% | May 8, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | +31.68% | May 7, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $23 → $20 | Buy | Maintains | $23 → $20 | +54.92% | May 7, 2026 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +62.66% | May 7, 2026 |
| Needham | Needham | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +93.65% | Apr 16, 2026 |
Financial Forecast
Revenue This Year
758.82M
from 713.95M
Increased by 6.28%
Revenue Next Year
832.20M
from 758.82M
Increased by 9.67%
EPS This Year
1.06
from 0.95
Increased by 11.31%
EPS Next Year
1.23
from 1.06
Increased by 16.51%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 789.6M | 870.5M | ||||||
| Avg | 758.8M | 832.2M | ||||||
| Low | 726.6M | 782.0M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 10.6% | 14.7% | ||||||
| Avg | 6.3% | 9.7% | ||||||
| Low | 1.8% | 3.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 1.25 | 1.58 | ||||||
| Avg | 1.06 | 1.23 | ||||||
| Low | 0.78 | 0.90 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 31.5% | 48.9% | ||||||
| Avg | 11.3% | 16.5% | ||||||
| Low | -17.5% | -14.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.