Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
16.13
+1.03 (6.82%)
At close: May 12, 2025, 4:00 PM
16.27
+0.14 (0.87%)
After-hours: May 12, 2025, 7:32 PM EDT
Magnite Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Magnite stock have an average target of 18.93, with a low estimate of 15 and a high estimate of 24. The average target predicts an increase of 17.36% from the current stock price of 16.13.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Magnite stock from 14 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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $14 → $18 | Strong Buy | Maintains | $14 → $18 | +11.59% | May 12, 2025 |
| Lake Street | Lake Street | Strong Buy Maintains $21 → $19 | Strong Buy | Maintains | $21 → $19 | +17.79% | May 8, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $25 → $24 | Strong Buy | Maintains | $25 → $24 | +48.79% | May 8, 2025 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $18 | Strong Buy | Maintains | $18 | +11.59% | May 8, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $22 → $19 | Buy | Maintains | $22 → $19 | +17.79% | May 2, 2025 |
Financial Forecast
Revenue This Year
685.90M
from 668.17M
Increased by 2.65%
Revenue Next Year
763.13M
from 685.90M
Increased by 11.26%
EPS This Year
0.92
from 0.16
Increased by 476.48%
EPS Next Year
1.12
from 0.92
Increased by 21.96%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 767.3M | 865.4M | 858.4M |
| Avg | 685.9M | 763.1M | 833.9M |
| Low | 639.0M | 697.8M | 801.2M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.8% | 26.2% | 12.5% |
| Avg | 2.7% | 11.3% | 9.3% |
| Low | -4.4% | 1.7% | 5.0% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 1.04 | 1.27 |
| Avg | 0.92 | 1.12 |
| Low | 0.83 | 1.00 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 549.7% | 37.7% |
| Avg | 476.5% | 22.0% |
| Low | 420.6% | 8.4% |
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.