Magnite (MGNI) Stock Forecast, Price Target & Predictions


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MGNI Stock Forecast


Magnite (MGNI) stock forecast, based on 31 Wall Street analysts, predicts a 12-month average price target of $19.25, with a high of $21.00 and a low of $16.00. This represents a 18.46% increase from the last price of $16.25.

$5 $9 $13 $17 $21 $25 High: $21 Avg: $19.25 Low: $16 Last Closed Price: $16.25

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
Total 31 0 4 9 18 Strong Sell Sell Hold Buy Strong Buy

MGNI Price Target Upside V Benchmarks


TypeNameUpside
StockMagnite18.46%
SectorCommunication Services Stocks 26.28%
IndustryAdvertising Stocks 27.17%

Price Target Trends


1M3M12M
# Anlaysts136
Avg Price Target$20.00$20.33$21.17
Last Closing Price$16.25$16.25$16.25
Upside/Downside23.08%25.11%30.28%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 26491--14
May, 26491--14
Apr, 26491--14
Mar, 26491--14
Feb, 26491--14
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 09, 2026BTIG$20.00$14.6336.71%23.08%
May 07, 2026RBC Capital$20.00$13.4948.26%23.08%
May 07, 2026Mark MahaneyEvercore ISI$21.00$13.3956.83%29.23%
Feb 26, 2026Mark MahaneyEvercore ISI$20.00$12.8855.28%23.08%
Feb 26, 2026Nat SchindlerScotiabank$16.00$12.9024.03%-1.54%
Aug 07, 2025Nat SchindlerScotiabank$30.00$21.5639.15%84.62%
May 20, 2025Jason KreyerCraig-Hallum$24.00$16.0449.63%47.69%
Jan 03, 2025Matthew SwansonRBC Capital$22.00$16.9729.64%35.38%
Jan 03, 2025Shweta KhajuriaWolfe Research$19.00$16.9711.96%16.92%
Dec 05, 2024Laura MartinNeedham$20.00$17.8811.86%23.08%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jun 09, 2026BTIGBuyinitialise
May 28, 2026RBC CapitalOutperformOutperformhold
May 07, 2026Evercore ISIOutperformOutperformhold
Apr 17, 2026Piper SandlerOverweightOverweighthold
Feb 26, 2026Evercore ISIOutperformOutperformhold
Feb 26, 2026ScotiabankSector OutperformSector Outperformhold
Jan 12, 2026BenchmarkBuyBuyhold
Aug 07, 2025ScotiabankOutperformOutperformhold
May 20, 2025Craig-HallumBuyBuyhold
Feb 03, 2025CitigroupBuyBuyhold

Financial Forecast


EPS Forecast

$-2 $-1 $0 $1 $2 $3 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported-$-0.98$-1.17$0.16$1.01---
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%8.60%---

Revenue Forecast

$400M $500M $600M $700M $800M $900M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$468.41M$577.07M$619.71M$668.17M$713.95M---
Avg Forecast$419.33M$511.79M$544.32M$615.80M$677.56M$749.82M$817.50M$876.23M
High Forecast$423.50M$514.02M$546.91M$618.72M$680.78M$750.31M$821.38M$880.40M
Low Forecast$416.61M$509.69M$542.53M$613.76M$675.32M$749.33M$814.79M$873.34M
Surprise %11.71%12.76%13.85%8.51%5.37%---

Net Income Forecast

$-300M $-180M $-60M $60M $180M $300M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$65.00K$-130.32M$-159.18M$22.79M$144.61M---
Avg Forecast$-5.36M$-36.32M$-159.18M$103.72M$127.03M$74.40M$126.80M-
High Forecast$10.61M$-12.67M$-46.26M$106.64M$139.33M$295.27M$146.18M-
Low Forecast$-21.33M$-59.97M$-272.11M$100.80M$114.74M$-29.53M$79.24M-
Surprise %-101.21%258.81%--78.03%13.84%---

MGNI Forecast FAQ


Is Magnite stock a buy?

Magnite stock has a consensus rating of Buy, based on 31 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 18 Buy, 9 Hold, 4 Sell, and 0 Strong Sell, reflecting a consensus that Magnite is a favorable investment for most analysts.

What is Magnite's price target?

Magnite's price target, set by 31 Wall Street analysts, averages $19.25 over the next 12 months. The price target range spans from $16 at the low end to $21 at the high end, suggesting a potential 18.46% change from the previous closing price of $16.25.

How does Magnite stock forecast compare to its benchmarks?

Magnite's stock forecast shows a 18.46% upside, underperforming the average forecast for the communication services stocks sector (26.28%) and underperforming the advertising stocks industry (27.17%).

What is the breakdown of analyst ratings for Magnite over the past three months?

  • June 2026: 28.57% Strong Buy, 64.29% Buy, 7.14% Hold, 0% Sell, 0% Strong Sell.
  • May 2026: 28.57% Strong Buy, 64.29% Buy, 7.14% Hold, 0% Sell, 0% Strong Sell.
  • April 2026: 28.57% Strong Buy, 64.29% Buy, 7.14% Hold, 0% Sell, 0% Strong Sell.

What is Magnite’s EPS forecast?

Magnite's average annual EPS forecast for its fiscal year ending in December 2026 is $1.16, marking a 14.85% increase from the reported $1.01 in 2025. Estimates for the following years are $0.83 in 2027, and $0 in 2028.

What is Magnite’s revenue forecast?

Magnite's average annual revenue forecast for its fiscal year ending in December 2026 is $749.82M, reflecting a 5.02% increase from the reported $713.95M in 2025. The forecast for 2027 is $817.5M, and $876.23M for 2028.

What is Magnite’s net income forecast?

Magnite's net income forecast for the fiscal year ending in December 2026 stands at $74.4M, representing a -48.55% decrease from the reported $144.61M in 2025. Projections indicate $126.8M in 2027, and $0 in 2028.