Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
13.85
-0.31 (-2.19%)
Mar 6, 2026, 12:53 PM EST - Market open
Magnite Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Magnite stock have an average target of 25.22, with a low estimate of 13 and a high estimate of 39. The average target predicts an increase of 82.09% from the current stock price of 13.85.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Magnite stock from 9 stock analysts 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 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 6 | 5 | 5 | 5 | 5 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 11 | 11 | 11 | 11 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $20 → $13 | Hold | Maintains | $20 → $13 | -6.14% | Feb 27, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $30 → $16 | Buy | Maintains | $30 → $16 | +15.52% | Feb 26, 2026 |
| Benchmark | Benchmark | Strong Buy Maintains $31 → $30 | Strong Buy | Maintains | $31 → $30 | +116.61% | Feb 26, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $39 | Strong Buy | Maintains | $39 | +181.59% | Feb 26, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $22 → $20 | Hold | Maintains | $22 → $20 | +44.40% | Nov 7, 2025 |
Financial Forecast
Revenue This Year
756.35M
from 713.95M
Increased by 5.94%
Revenue Next Year
837.01M
from 756.35M
Increased by 10.66%
EPS This Year
1.06
from 0.95
Increased by 11.78%
EPS Next Year
1.07
from 1.06
Increased by 0.53%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 786.5M | 866.3M | ||
| Avg | 756.4M | 837.0M | ||
| Low | 715.0M | 795.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 10.2% | 14.5% | ||
| Avg | 5.9% | 10.7% | ||
| Low | 0.2% | 5.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 1.22 | 1.29 | ||
| Avg | 1.06 | 1.07 | ||
| Low | 0.79 | 0.82 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 28.2% | 21.6% | ||
| Avg | 11.8% | 0.5% | ||
| Low | -16.4% | -22.5% |
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 disclaimer.