Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
12.97
-0.06 (-0.46%)
At close: Apr 28, 2026, 4:00 PM EDT
12.95
-0.02 (-0.15%)
After-hours: Apr 28, 2026, 7:30 PM EDT
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 94.45% from the current stock price of 12.97.
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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 5 | 5 | 5 | 3 | 3 | 3 |
| 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 | 11 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $25 | Strong Buy | Reiterates | $25 | +92.75% | Apr 16, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $20 → $13 | Hold | Maintains | $20 → $13 | +0.23% | Feb 27, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $30 → $16 | Buy | Maintains | $30 → $16 | +23.36% | Feb 26, 2026 |
| Benchmark | Benchmark | Strong Buy Maintains $31 → $30 | Strong Buy | Maintains | $31 → $30 | +131.30% | Feb 26, 2026 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $39 | Strong Buy | Maintains | $39 | +200.69% | Feb 26, 2026 |
Financial Forecast
Revenue This Year
758.82M
from 713.95M
Increased by 6.28%
Revenue Next Year
832.91M
from 758.82M
Increased by 9.76%
EPS This Year
1.08
from 0.95
Increased by 13.81%
EPS Next Year
1.25
from 1.08
Increased by 15.72%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 789.6M | 870.5M | ||||||
| Avg | 758.8M | 832.9M | ||||||
| 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% | 9.8% | ||||||
| Low | 1.8% | 3.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 1.29 | 1.58 | ||||||
| Avg | 1.08 | 1.25 | ||||||
| Low | 0.85 | 0.90 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|
| High | 35.9% | 45.7% | ||||||
| Avg | 13.8% | 15.7% | ||||||
| Low | -10.3% | -16.6% |
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.