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Magnite (MGNI): analyst forecast and price target

$23.37 −4.53% close 16.10.26 · market cap $3.4B · Communicationservices · Advertising Agencies IWM 0.12%
Price targets and ratings of

Analyst consensus

Strong Buy

8 Buy0 Hold0 Sell

Ratings of 8 analysts in the last 3 months · top analysts only

12-month forecast

$31.50+34.8% upside

Based on 8 price targets given in the last 3 months, the average target is $31.50, the highest $40.00, the lowest $25.00. The average is +34.8% from the last price of $23.37.

$10.00$20.00$30.00$40.00Jan 26AprJulOctJan 27AprJulOctHigh$40.00Average$31.50Low$25.00
Highest target $40.00 Average target $31.50 Lowest target $25.00
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Omar Dessouky★★★★★★★★★★#590 · hits 56% · avg +26.6% Bank of America Securities $25.00 → $38.00+52.0% Buy +62.6% Reiterated 29.09.26on TipRanks 05:30 +9.9%next day −1.4% · 5 days −5.2%
Naved Khan★★★★★★★★★★#292 · hits 61% · avg +17.6% B. Riley Securities $27.00 → $30.00+11.1% Buy +28.4% Reiterated 18.09.26on TipRanks 08:35 −2.0%next day −0.9% · 5 days −6.0%
Jason Kreyer★★★★★★★★★★#667 · hits 50% · avg +14.3% Craig-Hallum $28.00 → $32.00+14.3% Buy +36.9% Reiterated 17.09.26on TipRanks 09:50 +6.6%next day −2.0% · 5 days −6.9%
Name not given — $33.00 → $43.00+30.3% Buy +84.0% Reiterated 17.09.26on TipRanks 09:50 +6.6%next day −2.0% · 5 days −6.9%
Tyler DiMatteo★★★★★★★★★★#3955 · hits 59% · avg +12.1% BTIG $27.00 Buy +15.5% Reiterated 16.09.26on TipRanks Sep 17 05:50 +0.7%next day +6.6% · 5 days −0.9%
Laura Martin★★★★★★★★★★#863 · hits 52% · avg +10.7% Needham $30.00 Buy +28.4% Assigned 03.09.26on TipRanks 06:55 −2.1%next day −1.6% · 5 days −2.3%
Alec Brondolo★★★★★★★★★★#5152 · hits 42% · avg +4.2% Wells Fargo $21.00 → $22.00+4.8% Hold −5.9% Reiterated 07.08.26on TipRanks 07:16 +1.0%next day −2.0% · 5 days −0.4%
Nat Schindler★★★★★★★★★★#3414 · hits 48% · avg +3.8% Scotiabank $17.00 → $27.00+58.8% Buy +15.5% Reiterated 06.08.26on TipRanks 10:53 +17.8%next day +1.0% · 5 days −0.1%
Eric Martinuzzi★★★★★★★★★★#797 · hits 51% · avg +11.7% Lake Street $22.00 → $25.00+13.6% Buy +7.0% Reiterated 06.08.26on TipRanks 09:20 +17.8%next day +1.0% · 5 days −0.1%
Barton Crockett★★★★★★★★★★#1246 · hits 55% · avg +7.9% Rosenblatt Securities $39.00 → $40.00+2.6% Buy +71.2% Reiterated 06.08.26on TipRanks 08:25 +17.8%next day +1.0% · 5 days −0.1%
Shyam Patil★★★★★★★★★★#779 · hits 56% · avg +10.4% Susquehanna $22.00 → $30.00+36.4% Buy +28.4% Reiterated 06.08.26on TipRanks 07:20 +17.8%next day +1.0% · 5 days −0.1%
Matthew Swanson★★★★★★★★★★#6626 · hits 46% · avg +0.9% RBC Capital $20.00 → $27.00+35.0% Buy +15.5% Reiterated 06.08.26on TipRanks 07:00 +17.8%next day +1.0% · 5 days −0.1%
Robert Coolbrith★★★★★★★★★★#9767 · hits 51% · avg −1.7% Evercore ISI $21.00 → $25.00+19.0% Buy +7.0% Reiterated 06.08.26on TipRanks 06:10 +17.8%next day +1.0% · 5 days −0.1%
Shweta Khajuria★★★★★★★★★★#886 · hits 48% · avg +19.7% Wolfe Research $18.00 → $17.00−5.6% Buy −27.3% Reiterated 07.05.26on TipRanks 07:20 +4.9%next day +0.1% · 5 days −13.6%

Every rating the collector has kept for the last 12 months, including the earlier ones of the same analyst. Latest of each analyst

Best analysts covering Magnite

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Omar Dessouky★★★★★★★★★★Bank of America Securities · #590
Hits 56%86 of 153 Average return +26.6%
1 year Jason Kreyer★★★★★★★★★★Craig-Hallum · #667
Hits 50%246 of 495 Average return +14.3%
2 years Eric Martinuzzi★★★★★★★★★★Lake Street · #797
Hits 51%249 of 488 Average return +11.7%

Most profitable

3 months Laura Martin★★★★★★★★★★Needham · #863
Hits 52%259 of 496 Average return +10.7%
1 year Eric Martinuzzi★★★★★★★★★★Lake Street · #797
Hits 51%249 of 488 Average return +11.7%
2 years Eric Martinuzzi★★★★★★★★★★Lake Street · #797
Hits 51%249 of 488 Average return +11.7%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $30.46 at a price of $25.26 (+20.6%); now: $30.46 at $23.37 (+30.3%).

$22.50$25.00$27.50$30.00Sep 15Oct 1Oct 15Top analysts$31.50Average target$30.46Price$23.37

PriceAverage targetTop analysts’ target

Recommendation trend · top analysts

01020317Oct 251111Nov127Dec136Jan 26136Feb136Mar168Apr136May1312Jun79Jul216Aug114Sep114Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy13137211
Buy6129161414
Hold000000
Sell000000

Earnings and sales forecast

Next report: 04.11.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.29 (from $0.18 to $0.34). Last quarter: $0.26.

Sales

Next quarter’s sales estimate — $190M (from $188M to $191M). Last quarter: $193M.

Best top-analyst consensus in the sector · Communicationservices

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About Magnite
  • CEO: Michael G. Barrett
  • Employees: 971
  • 1250 Broadway, New York City, NY, 10001, US
  • www.magnite.com

Magnite, Inc. manages an independent, global platform dedicated to the digital advertising marketplace. This sophisticated system furnishes publishers—entities controlling digital content such as connected TV channels, mobile applications, and websites—with the necessary applications and utilities to oversee and monetize their ad inventory. Concurrently, it delivers services and tools for advertising buyers, including advertisers, agencies, agency trading desks, and demand-side platforms, enabling them to procure digital ad space. The company employs sales teams operating from various international locations to market its advanced technological solutions to both buying and selling parties. Formed in 2007, the enterprise was formerly known as The Rubicon Project, Inc. before rebranding as Magnite, Inc. in July 2020. Its corporate headquarters are located in New York, New York.

Data from the stock’s TipRanks forecast page, read 47 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗