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Magnite (MX:MGNI)
:MGNI
Mexico Market

Magnite (MGNI) Stock Forecast & Price Target

2 Followers
See the Price Targets and Ratings of:

MGNI Analyst Ratings

Strong Buy
10Ratings
Strong Buy
9 Buy
1 Hold
0 Sell
Based on 10 analysts giving stock ratings to
Magnite
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

MGNI Stock 12 Month Forecast

Average Price Target

$401.19
▲(11.44% Upside)
Based on 10 Wall Street analysts offering 12 month price targets for Magnite in the last 3 months. The average price target is $401.19 with a high forecast of $680.28 and a low forecast of $296.53. The average price target represents a 11.44% change from the last price of $360.00.
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Highest Price Target$680.28Average Price Target$401.19Lowest Price Target$296.53
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
RBC Capital Analyst forecast on MX:MGNI
RBC Capital
RBC Capital
$348.86
Buy
-3.09%
Downside
Reiterated
07/29/26
RBC Capital Sticks to Their Buy Rating for Magnite (MGNI)
Wells Fargo Analyst forecast on MX:MGNI
Wells Fargo
Wells Fargo
$261.65$366.31
Hold
1.75%
Upside
Assigned
07/17/26
Analysts Offer Insights on Communication Services Companies: Magnite (NASDAQ: MGNI), Paramount Skydance (NASDAQ: PSKY) and Netflix (NASDAQ: NFLX)
Craig-Hallum Analyst forecast on MX:MGNI
Craig-Hallum
Craig-Hallum
$383.75
Buy
6.60%
Upside
Reiterated
06/29/26
Wall Street Analysts Are Bullish on Top Communication Services Picks
Needham
$436.08
Buy
21.13%
Upside
Reiterated
06/24/26
Analysts Offer Insights on Communication Services Companies: Verizon (NYSE: VZ) and Magnite (NASDAQ: MGNI)
BTIG
$348.86
Buy
-3.09%
Downside
Initiated
06/09/26
Magnite initiated with a Buy at BTIGMagnite initiated with a Buy at BTIG
Bank of America Securities Analyst forecast on MX:MGNI
Bank of America Securities
Bank of America Securities
Buy
Reiterated
06/08/26
Analysts Offer Insights on Communication Services Companies: Magnite (NASDAQ: MGNI), Cardlytics (NASDAQ: CDLX) and Alphabet Class C (NASDAQ: GOOG)
Evercore ISI Analyst forecast on MX:MGNI
Evercore ISI
Evercore ISI
$348.86$366.31
Buy
1.75%
Upside
Reiterated
05/07/26
Magnite price target raised to $21 from $20 at Evercore ISIMagnite price target raised to $21 from $20 at Evercore ISI
Lake Street Analyst forecast on MX:MGNI
Lake Street
Lake Street
$383.75
Buy
6.60%
Upside
Reiterated
05/07/26
Lake Street Sticks to Their Buy Rating for Magnite (MGNI)
Wolfe Research Analyst forecast on MX:MGNI
Wolfe Research
Wolfe Research
$313.98$296.53
Buy
-17.63%
Downside
Reiterated
05/07/26
Analysts Offer Insights on Communication Services Companies: Walt Disney (NYSE: DIS), Cogent Comms (NASDAQ: CCOI) and Magnite (NASDAQ: MGNI)
Rosenblatt Securities Analyst forecast on MX:MGNI
Rosenblatt Securities
Rosenblatt Securities
$680.28
Buy
88.97%
Upside
Reiterated
05/07/26
Analysts Offer Insights on Communication Services Companies: Magnite (NASDAQ: MGNI), Taboola.com (NASDAQ: TBLA) and New York Times (NYSE: NYT)
Susquehanna Analyst forecast on MX:MGNI
Susquehanna
Susquehanna
$488.41$383.75
Buy
6.60%
Upside
Reiterated
02/26/26
Magnite price target lowered to $22 from $28 at SusquehannaMagnite price target lowered to $22 from $28 at Susquehanna
B. Riley Securities Analyst forecast on MX:MGNI
B. Riley Securities
B. Riley Securities
$436.08$348.86
Buy
-3.09%
Downside
Reiterated
02/26/26
Magnite price target lowered to $20 from $25 at B. RileyMagnite price target lowered to $20 from $25 at B. Riley
Benchmark Co. Analyst forecast on MX:MGNI
Benchmark Co.
Benchmark Co.
$540.74$523.3
Buy
45.36%
Upside
Reiterated
02/26/26
Magnite price target lowered to $30 from $31 at BenchmarkMagnite price target lowered to $30 from $31 at Benchmark
Scotiabank Analyst forecast on MX:MGNI
Scotiabank
Scotiabank
$279.09
Buy
-22.47%
Downside
Reiterated
02/26/26
Scotiabank Keeps Their Buy Rating on Magnite (MGNI)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
RBC Capital Analyst forecast on MX:MGNI
RBC Capital
RBC Capital
$348.86
Buy
-3.09%
Downside
Reiterated
07/29/26
RBC Capital Sticks to Their Buy Rating for Magnite (MGNI)
Wells Fargo Analyst forecast on MX:MGNI
Wells Fargo
Wells Fargo
$261.65$366.31
Hold
1.75%
Upside
Assigned
07/17/26
Analysts Offer Insights on Communication Services Companies: Magnite (NASDAQ: MGNI), Paramount Skydance (NASDAQ: PSKY) and Netflix (NASDAQ: NFLX)
Craig-Hallum Analyst forecast on MX:MGNI
Craig-Hallum
Craig-Hallum
$383.75
Buy
6.60%
Upside
Reiterated
06/29/26
Wall Street Analysts Are Bullish on Top Communication Services Picks
Needham
$436.08
Buy
21.13%
Upside
Reiterated
06/24/26
Analysts Offer Insights on Communication Services Companies: Verizon (NYSE: VZ) and Magnite (NASDAQ: MGNI)
BTIG
$348.86
Buy
-3.09%
Downside
Initiated
06/09/26
Magnite initiated with a Buy at BTIGMagnite initiated with a Buy at BTIG
Bank of America Securities Analyst forecast on MX:MGNI
Bank of America Securities
Bank of America Securities
Buy
Reiterated
06/08/26
Analysts Offer Insights on Communication Services Companies: Magnite (NASDAQ: MGNI), Cardlytics (NASDAQ: CDLX) and Alphabet Class C (NASDAQ: GOOG)
Evercore ISI Analyst forecast on MX:MGNI
Evercore ISI
Evercore ISI
$348.86$366.31
Buy
1.75%
Upside
Reiterated
05/07/26
Magnite price target raised to $21 from $20 at Evercore ISIMagnite price target raised to $21 from $20 at Evercore ISI
Lake Street Analyst forecast on MX:MGNI
Lake Street
Lake Street
$383.75
Buy
6.60%
Upside
Reiterated
05/07/26
Lake Street Sticks to Their Buy Rating for Magnite (MGNI)
Wolfe Research Analyst forecast on MX:MGNI
Wolfe Research
Wolfe Research
$313.98$296.53
Buy
-17.63%
Downside
Reiterated
05/07/26
Analysts Offer Insights on Communication Services Companies: Walt Disney (NYSE: DIS), Cogent Comms (NASDAQ: CCOI) and Magnite (NASDAQ: MGNI)
Rosenblatt Securities Analyst forecast on MX:MGNI
Rosenblatt Securities
Rosenblatt Securities
$680.28
Buy
88.97%
Upside
Reiterated
05/07/26
Analysts Offer Insights on Communication Services Companies: Magnite (NASDAQ: MGNI), Taboola.com (NASDAQ: TBLA) and New York Times (NYSE: NYT)
Susquehanna Analyst forecast on MX:MGNI
Susquehanna
Susquehanna
$488.41$383.75
Buy
6.60%
Upside
Reiterated
02/26/26
Magnite price target lowered to $22 from $28 at SusquehannaMagnite price target lowered to $22 from $28 at Susquehanna
B. Riley Securities Analyst forecast on MX:MGNI
B. Riley Securities
B. Riley Securities
$436.08$348.86
Buy
-3.09%
Downside
Reiterated
02/26/26
Magnite price target lowered to $20 from $25 at B. RileyMagnite price target lowered to $20 from $25 at B. Riley
Benchmark Co. Analyst forecast on MX:MGNI
Benchmark Co.
Benchmark Co.
$540.74$523.3
Buy
45.36%
Upside
Reiterated
02/26/26
Magnite price target lowered to $30 from $31 at BenchmarkMagnite price target lowered to $30 from $31 at Benchmark
Scotiabank Analyst forecast on MX:MGNI
Scotiabank
Scotiabank
$279.09
Buy
-22.47%
Downside
Reiterated
02/26/26
Scotiabank Keeps Their Buy Rating on Magnite (MGNI)
Stocks with the Highest Top Analyst Consensus in the Communication Services Sector
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LYVLive Nation Entertainment
ECHOEchostar
LFTOLiftoff Mobile, Inc.
Find stocks in the Communication Services sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Magnite

3 Months
Success Rate
18/28 ratings generated profit
64%
Average Return
+18.46%
Copying Laura Martin's trades and holding each position for 3 Months would result in 64.29% of your transactions generating a profit, with an average return of +18.46% per trade.
1 Year
Eric MartinuzziLake Street
Success Rate
12/16 ratings generated profit
75%
Average Return
+28.59%
Copying Eric Martinuzzi's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +28.59% per trade.
2 Years
Success Rate
27/28 ratings generated profit
96%
Average Return
+43.30%
Copying Laura Martin's trades and holding each position for 2 Years would result in 96.43% of your transactions generating a profit, with an average return of +43.30% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

MGNI Analyst Recommendation Trends

Rating
Mar 26
Apr 26
May 26
Jun 26
Jul 26
Strong Buy
17
20
15
14
7
Buy
6
8
8
16
14
Hold
0
0
0
0
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
23
28
23
30
22
In the current month, MGNI has received 21 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. MGNI average Analyst price target in the past 3 months is 401.19.
Each month's total comprises the sum of three months' worth of ratings.

MGNI Financial Forecast

MGNI Earnings Forecast

Next quarter’s earnings estimate for MGNI is $4.30 with a range of $2.60 to $5.38. The previous quarter’s EPS was $2.26. MGNI beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 53.95% of the time in the same period. In the last calendar year MGNI has Performed in-line its overall industry.
Next quarter’s earnings estimate for MGNI is $4.30 with a range of $2.60 to $5.38. The previous quarter’s EPS was $2.26. MGNI beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 53.95% of the time in the same period. In the last calendar year MGNI has Performed in-line its overall industry.

MGNI Sales Forecast

Next quarter’s sales forecast for MGNI is $3.11B with a range of $3.07B to $3.12B. The previous quarter’s sales results were $2.85B. MGNI beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.72% of the time in the same period. In the last calendar year MGNI has Performed in-line its overall industry.
Next quarter’s sales forecast for MGNI is $3.11B with a range of $3.07B to $3.12B. The previous quarter’s sales results were $2.85B. MGNI beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.72% of the time in the same period. In the last calendar year MGNI has Performed in-line its overall industry.

MGNI Stock Forecast FAQ

What is MX:MGNI’s average 12-month price target, according to analysts?
Based on analyst ratings, Magnite’s 12-month average price target is 401.19.
    What is MX:MGNI’s upside potential, based on the analysts’ average price target?
    Magnite has 11.44% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Magnite a Buy, Sell or Hold?
          Magnite has a consensus rating of Strong Buy, which is based on 9 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Magnite’s share price target?
            The average share price target for Magnite is 401.19. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is $680.28 ,and the lowest forecast is $296.53. The average share price target represents 11.44% Increase from the current price of $360.
              What do analysts say about Magnite?
              Magnite’s analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
                How can I buy shares of Magnite?
                To buy shares of MX:MGNI, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.