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Magnite, Inc. (MGNI) Stock Forecast

Data as of May 2, 2026

Communication Services · Current price $13.64 (+6.52%)

Consensus Target
$18.00
Upside
+31.9%
Analysts
7
Rating
Buy(2.29)

Price Target Range

Low $16.00Consensus $18.00High $20.00
▲ Current $13.64

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy4
Hold1
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Feb 26, 2026Mark MahaneyEvercore ISI$20.00+46.6%
Feb 26, 2026Nat SchindlerScotiabank$16.00+17.3%
Aug 7, 2025Nat SchindlerScotiabank$30.00+119.9%
May 20, 2025Jason KreyerCraig-Hallum$24.00+75.9%
Jan 3, 2025Matthew SwansonRBC Capital$22.00+61.2%
Jan 3, 2025Shweta KhajuriaWolfe Research$19.00+39.2%
Dec 5, 2024Laura MartinNeedham$20.00+46.6%
Jul 29, 2024Omar DessoukyBank of America Securities$17.00+24.6%
Jul 25, 2024Eric MartinuzziLake Street$21.00+53.9%
Jun 5, 2024Matthew SwansonRBC Capital$19.00+39.2%
Jun 3, 2024Vasily KarasyovCannonball Research$17.00+24.6%
Jun 3, 2024Mark MahaneyEvercore ISI$15.00+9.9%
May 9, 2024Matthew SwansonRBC Capital$17.00+24.6%
Apr 19, 2024Daniel DayB.Riley Financial$14.50+6.3%
Mar 22, 2023Laura MartinNeedham$15.00+9.9%
Jul 23, 2022Jason KreyerCraig-Hallum$16.00+17.3%
May 2, 2022Matthew ThorntonTruist Financial$15.00+9.9%
Jun 11, 2021Nicholas ZanglerStephens$48.00+251.8%

MGNI vs Sector & Market

MetricMGNICommunication Services AvgLarge Cap Avg
Analyst Rating2.292.492.41
Analyst Count71018
Target Upside+31.9%+120.7%+14.9%
P/E Ratio14.444.3431.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$177M$178M$179M5
2026-09-30$185M$185M$186M2
2026-12-31$221M$222M$223M2
2027-03-31$176M$176M$177M2
2027-06-30$196M$197M$198M2
2027-09-30$203M$203M$204M2
2027-12-31$243M$243M$245M2
2028-12-31$1.09B$1.10B$1.11B2
2029-12-31$951M$957M$967M1
2030-12-31$1.01B$1.02B$1.03B1

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$0.22$0.22$0.224
2026-09-30$0.26$0.26$0.261
2026-12-31$0.46$0.46$0.462
2027-03-31$0.16$0.16$0.162
2027-06-30$0.28$0.28$0.291
2027-09-30$0.32$0.32$0.321
2027-12-31$0.53$0.53$0.542
2028-12-31$1.01$1.71$2.163
2029-12-31$1.34$1.35$1.371
2030-12-31$1.66$1.67$1.691

Frequently Asked Questions

What is the analyst consensus for MGNI?

The consensus among 7 analysts covering Magnite, Inc. (MGNI) is Buy with an average price target of $18.00.

What is the highest price target for MGNI?

The highest price target for MGNI is $48.00, set by Nicholas Zangler at Stephens on 2021-06-11.

What is the lowest price target for MGNI?

The lowest price target for MGNI is $14.50, set by Daniel Day at B.Riley Financial on 2024-04-19.

How many analysts cover MGNI?

7 analysts have issued ratings for Magnite, Inc. in the past 12 months.

Is MGNI a buy or sell right now?

Based on 7 analyst ratings, MGNI has a consensus rating of Buy (2.29/5) with a +31.9% upside to the consensus target of $18.00.

What are the earnings estimates for MGNI?

Analysts estimate MGNI will report EPS of $0.22 for the period ending 2026-06-30, with revenue estimated at $178M.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.