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NASDAQ: MGNI
Magnite Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for MGNI

Based on 7 analysts offering 12 month price targets for Magnite Inc.
Min Forecast
$13.00+10.64%
Avg Forecast
$15.64+33.13%
Max Forecast
$20.00+70.21%

Should I buy or sell MGNI stock?

Based on 7 analysts offering ratings for Magnite Inc.
Strong Buy
Strong Buy
3 analysts 42.86%
Buy
3 analysts 42.86%
Hold
1 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MGNI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-16
lockedlocked$00.00+00.00%2024-05-16
lockedlocked$00.00+00.00%2024-05-16
lockedlocked$00.00+00.00%2024-04-19
RBC Capital
Top 1%
100
BuyReiterates$15.00+27.66%2024-03-07
Bank of America
Top 28%
73
HoldMaintains$13.00+10.64%2024-02-29

1 of 1

Forecast return on equity

Is MGNI forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
34.27%

Forecast return on assets

Is MGNI forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MGNI revenue forecast

What is MGNI's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$604.1M-5.44%
Avg 2 year Forecast
$661.4M+3.53%
Avg 3 year Forecast
$812.9M+27.24%
MGNI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGNI revenue growth forecast

How is MGNI forecast to perform vs Advertising Agencies companies and vs the US market?
Company
7.66%
Industry
5.21%
Market
9.95%
MGNI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGNI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGNI vs Advertising Agency Stocks

TickerPricePrice TargetUp/downsideConsensus
MGNI$11.75$15.64+33.13%Strong Buy
IAS$9.80$16.00+63.27%Buy
STGW$6.93$8.83+27.46%Strong Buy
EEX$6.00$8.20+36.67%Strong Buy
CRTO$36.50$38.86+6.46%Buy
View Top Advertising Agency Stocks

Magnite Stock Forecast FAQ

Is Magnite Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: MGNI) stock is to Strong Buy MGNI stock.

Out of 7 analysts, 3 (42.86%) are recommending MGNI as a Strong Buy, 3 (42.86%) are recommending MGNI as a Buy, 1 (14.29%) are recommending MGNI as a Hold, 0 (0%) are recommending MGNI as a Sell, and 0 (0%) are recommending MGNI as a Strong Sell.

If you're new to stock investing, here's how to buy Magnite stock.

What is MGNI's revenue growth forecast for 2024-2026?

(NASDAQ: MGNI) Magnite's forecast annual revenue growth rate of 7.66% is forecast to beat the US Advertising Agencies industry's average forecast revenue growth rate of 5.21%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Magnite's revenue in 2024 is $638,879,000.On average, 1 Wall Street analysts forecast MGNI's revenue for 2024 to be $84,588,291,194, with the lowest MGNI revenue forecast at $84,588,291,194, and the highest MGNI revenue forecast at $84,588,291,194. On average, 1 Wall Street analysts forecast MGNI's revenue for 2025 to be $92,611,646,740, with the lowest MGNI revenue forecast at $92,611,646,740, and the highest MGNI revenue forecast at $92,611,646,740.

In 2026, MGNI is forecast to generate $113,825,230,775 in revenue, with the lowest revenue forecast at $113,825,230,775 and the highest revenue forecast at $113,825,230,775.

What is MGNI's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: MGNI) forecast ROA is N/A, which is lower than the forecast US Advertising Agencies industry average of N/A.

What is MGNI's Price Target?

According to 7 Wall Street analysts that have issued a 1 year MGNI price target, the average MGNI price target is $15.64, with the highest MGNI stock price forecast at $20.00 and the lowest MGNI stock price forecast at $13.00.

On average, Wall Street analysts predict that Magnite's share price could reach $15.64 by May 17, 2025. The average Magnite stock price prediction forecasts a potential upside of 33.13% from the current MGNI share price of $11.75.

What is MGNI's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: MGNI) forecast ROE is N/A, which is considered weak.
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