Magnite, Inc. (MGNI)
NASDAQ: MGNI · Real-Time Price · USD
23.70
+0.11 (0.47%)
At close: Aug 15, 2025, 4:00 PM
23.90
+0.20 (0.84%)
After-hours: Aug 15, 2025, 7:59 PM EDT

Magnite Stock Forecast

Stock Price Forecast

According to 13 professional analysts, the 12-month price target for Magnite stock ranges from a low of $18 to a high of $39. The average analyst price target of $25.31 forecasts a 6.79% increase in the stock price over the next year.

Price Target: $25.31 (+6.79%)
Analyst Consensus: Strong Buy
Target Low Average Median High
Price $18 $25.31 $25 $39
Change -24.05% +6.79% +5.49% +64.56%

Analyst Ratings

The average analyst rating for Magnite stock 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 Mar '25Apr '25May '25Jun '25Jul '25Aug '25
Strong Buy 666656
Buy 777666
Hold 111111
Sell 000000
Strong Sell 000000
Total 141414131213

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Buy
Maintains
$22$30
Buy Maintains $22$30 +26.58% Aug 7, 2025
Benchmark
Benchmark
Strong Buy
Maintains
$30$31
Strong Buy Maintains $30$31 +30.80% Aug 7, 2025
Susquehanna
Susquehanna
Buy
Maintains
$22$28
Buy Maintains $22$28 +18.14% Aug 7, 2025
Rosenblatt
Rosenblatt
Strong Buy
Maintains
$39
Strong Buy Maintains $39 +64.56% Aug 7, 2025
Needham
Needham
Strong Buy
Maintains
$18$25
Strong Buy Maintains $18$25 +5.49% Aug 7, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
671.04M
from 668.17M
Increased by 0.43%
Revenue Next Year
748.12M
from 671.04M
Increased by 11.49%
EPS This Year
0.89
from 0.16
Increased by 454.62%
EPS Next Year
1.07
from 0.89
Increased by 20.69%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
221.63M468.41M577.07M619.71M668.17M671.04M748.12M833.85M
Revenue Growth
41.69%111.35%23.20%7.39%7.82%0.43%11.49%11.46%
EPS
-0.550.00-0.98-1.170.160.891.07-
EPS Growth
-----454.62%20.69%-
Forward PE
-----26.7122.13-
No. Analysts
-----14143
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 702.5M 800.1M 858.4M
Avg 671.0M 748.1M 833.9M
Low 638.8M 692.7M 801.2M

Revenue Growth

Revenue Growth 202520262027
High
5.1%
19.2%
14.7%
Avg
0.4%
11.5%
11.5%
Low
-4.4%
3.2%
7.1%

EPS Forecast

EPS 20252026
High 1.05 1.31
Avg 0.89 1.07
Low 0.75 0.87

EPS Growth

EPS Growth 20252026
High
556.3%
47.9%
Avg
454.6%
20.7%
Low
371.6%
-1.7%
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.