Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
18.73
+1.41 (8.14%)
At close: Jun 26, 2026, 4:00 PM EDT
18.58
-0.15 (-0.80%)
After-hours: Jun 26, 2026, 7:57 PM EDT
Magnite Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Magnite stock have an average target of 22.91, with a low estimate of 16 and a high estimate of 39. The average target predicts an increase of 22.32% from the current stock price of 18.73.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Magnite stock from 15 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 9 | 9 | 9 | 10 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jun 25, 2026 |
| Needham | Needham | Buy Maintains $25 | Buy | Maintains | $25 | +33.48% | Jun 24, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $20 | Buy | Maintains | $20 | +6.78% | Jun 10, 2026 |
| BTIG | BTIG | Buy Initiates $20 | Buy | Initiates | $20 | +6.78% | Jun 9, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jun 8, 2026 |
Financial Forecast
Revenue This Year
751.79M
from 713.95M
Increased by 5.30%
Revenue Next Year
819.87M
from 751.79M
Increased by 9.06%
EPS This Year
1.11
from 0.87
Increased by 27.08%
EPS Next Year
1.24
from 1.11
Increased by 11.80%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 792.9M | 856.0M | |
| Avg | 751.8M | 819.9M | |
| Low | 742.4M | 802.1M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.1% | 13.9% | |
| Avg | 5.3% | 9.1% | |
| Low | 4.0% | 6.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.25 | 1.67 | |
| Avg | 1.11 | 1.24 | |
| Low | 0.87 | 0.88 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 43.7% | 51.1% | |
| Avg | 27.1% | 11.8% | |
| Low | - | -20.4% |
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.