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Magnite, Inc.

MGNINASDAQCommunication ServicesAdvertising Agencies

$23.37Today:- (-)1Y +36.91%

As of Oct 16, 2026 close

Market cap
$3.60B
P/E (TTM)
21.59
Forward P/E
11.04
Dividend yield
-
52-week range
$10.82$26.84
Volume (live)
-
Avg. volume (3M)
2.07M

Magnite, Inc. (MGNI) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Magnite, Inc. stock.

Analyst Consensus Rating

Investment consensus from 18 professional research analysts

Consensus Rating

Buy
Based on 18 unique analysts
(21 total ratings in last 90 days)
High Confidence3.3:1 Buy/Sell

Average Price Target

$30.46
+30.34% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest MGNI Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Omar Dessouky
BofA Securities
BuyReiterates
$25.00 → $38.00
Shreya Majumder
Zacks Equity Research
SellInitiates Coverage
-
Naved Khan
B Riley
BuyMaintains
$27.00 → $30.00
Unknown Analyst
StoneX
BuyMaintains
$33.00 → $43.00
Jason Kreyer
Craig-Hallum
BuyReiterates
$28.00 → $32.00
Tyler DiMatteo
BTIG
BuyMaintains
$27.00
Tyler DiMatteo
BTIG
BuyMaintains
$27.00
Shivangi Deora
Zacks Equity Research
SellInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
SellInitiates Coverage
-
Laura Martin
Needham
BuyReiterates
$30.00
Om Jaiswal
Zacks Equity Research
BuyInitiates Coverage
-
Vaishali Doshi
Zacks Equity Research
SellInitiates Coverage
-
Shreya Majumder
Zacks Equity Research
SellInitiates Coverage
-
Alec Brondolo
Wells Fargo
HoldMaintains
$21.00 → $22.00
Eric Martinuzzi
Lake Street
BuyMaintains
$22.00 → $25.00
Nat Schindler
Scotiabank
BuyMaintains
$17.00 → $27.00
Tyler DiMatteo
BTIG
BuyMaintains
$20.00 → $27.00
Shyam Patil
Susquehanna
BuyMaintains
$22.00 → $30.00
Barton Crockett
Rosenblatt
BuyMaintains
$39.00 → $40.00
Matthew Swanson
RBC Capital
BuyMaintains
$20.00 → $27.00
Robert Coolbrith
Evercore ISI Group
BuyMaintains
$21.00 → $25.00

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Sep 29, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for MGNI?

The analyst consensus rating for MGNI is Buy, based on the latest ratings from 18 analysts over the last 90 days.

What is the average price target for MGNI?

The average 12-month price target for MGNI is $30.46, representing an upside of 30.3% from the Oct 16, 2026 close of $23.37.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.