Magnite (MGNI) Stock Forecast, Price Target & Predictions
MGNI Stock Forecast
Magnite (MGNI) stock forecast, based on 31 Wall Street analysts, predicts a 12-month average price target of $27.00, with a high of $30.00 and a low of $24.00. This represents a 35.75% increase from the last price of $19.89.
MGNI Stock Rating
Magnite stock's rating consensus is Buy, based on 31 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 18 Buy (58.06%), 9 Hold (29.03%), 4 Sell (12.90%), and 0 Strong Sell (0.00%).
Buy
MGNI Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Magnite | 35.75% |
| Sector | Communication Services Stocks | 18.28% |
| Industry | Advertising Stocks | 20.49% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 5 |
| Avg Price Target | - | $30.00 | $23.00 |
| Last Closing Price | $19.89 | $19.89 | $19.89 |
| Upside/Downside | - | 50.83% | 15.64% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Oct, 25 | 3 | 9 | 1 | - | - | 13 |
| Sep, 25 | 3 | 9 | 1 | - | - | 13 |
| Aug, 25 | 3 | 8 | 2 | - | - | 13 |
| Jul, 25 | 3 | 10 | 1 | - | - | 14 |
| Jun, 25 | 3 | 9 | 1 | - | - | 13 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 07, 2025 | Nat Schindler | Scotiabank | $30.00 | $21.56 | 39.15% | 50.83% |
| May 20, 2025 | Jason Kreyer | Craig-Hallum | $24.00 | $16.04 | 49.63% | 20.66% |
| Jan 03, 2025 | Matthew Swanson | RBC Capital | $22.00 | $16.97 | 29.64% | 10.61% |
| Jan 03, 2025 | Shweta Khajuria | Wolfe Research | $19.00 | $16.97 | 11.96% | -4.47% |
| Dec 05, 2024 | Laura Martin | Needham | $20.00 | $17.88 | 11.86% | 0.55% |
| Jul 29, 2024 | Omar Dessouky | Bank of America Securities | $17.00 | $14.80 | 14.86% | -14.53% |
| Jul 25, 2024 | Eric Martinuzzi | Lake Street | $21.00 | $14.27 | 47.16% | 5.58% |
| Jun 05, 2024 | Matthew Swanson | RBC Capital | $19.00 | $13.37 | 42.11% | -4.47% |
| Jun 03, 2024 | Vasily Karasyov | Cannonball Research | $17.00 | $12.34 | 37.76% | -14.53% |
| Jun 03, 2024 | Mark Mahaney | Evercore ISI | $15.00 | $12.34 | 21.56% | -24.59% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 07, 2025 | Scotiabank | Outperform | Outperform | hold |
| May 20, 2025 | Craig-Hallum | Buy | Buy | hold |
| Feb 03, 2025 | Citigroup | Buy | Buy | hold |
| Jan 03, 2025 | RBC Capital | Outperform | Outperform | hold |
| Jan 03, 2025 | Wolfe Research | Outperform | Outperform | hold |
| Dec 05, 2024 | Needham | Buy | Buy | hold |
| Oct 28, 2024 | Wells Fargo | Equal-Weight | initialise | |
| Oct 23, 2024 | B. Riley | Buy | Buy | hold |
| Oct 23, 2024 | Craig-Hallum | Buy | Buy | hold |
| Oct 01, 2024 | Benchmark | Buy | Buy | hold |
Financial Forecast
EPS Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $-0.55 | - | $-0.98 | $-1.17 | $0.16 | - | - | - | - |
| Avg Forecast | - | $0.58 | $0.72 | $0.53 | $0.76 | $0.93 | $1.16 | $0.83 | - |
| High Forecast | - | $0.58 | $0.73 | $0.56 | $0.78 | $1.02 | $2.16 | $1.07 | - |
| Low Forecast | - | $0.57 | $0.72 | $0.50 | $0.74 | $0.84 | $-0.22 | $0.58 | - |
| Surprise % | - | - | -236.11% | -320.75% | -78.95% | - | - | - | - |
Revenue Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $221.63M | $468.41M | $577.07M | $619.71M | $668.17M | - | - | - | - |
| Avg Forecast | $219.47M | $419.33M | $511.79M | $544.32M | $615.80M | $677.56M | $749.82M | $817.50M | $876.23M |
| High Forecast | $221.65M | $423.50M | $514.02M | $546.91M | $618.72M | $680.78M | $750.31M | $821.38M | $880.40M |
| Low Forecast | $218.05M | $416.61M | $509.69M | $542.53M | $613.76M | $675.32M | $749.33M | $814.79M | $873.34M |
| Surprise % | 0.98% | 11.71% | 12.76% | 13.85% | 8.51% | - | - | - | - |
Net Income Forecast
Annual
| Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
|---|---|---|---|---|---|---|---|---|---|
| Reported | $-53.43M | $65.00K | $-130.32M | $-159.18M | $22.79M | - | - | - | - |
| Avg Forecast | $-89.32M | $-5.36M | $-36.32M | $-159.18M | $103.72M | $127.03M | $74.40M | $126.80M | - |
| High Forecast | $-69.94M | $10.61M | $-12.67M | $-46.26M | $106.64M | $139.33M | $295.27M | $146.18M | - |
| Low Forecast | $-108.70M | $-21.33M | $-59.97M | $-272.11M | $100.80M | $114.74M | $-29.53M | $79.24M | - |
| Surprise % | -40.18% | -101.21% | 258.81% | - | -78.03% | - | - | - | - |