Magnite
MGNI

Magnite (MGNI) analyst forecast and price target

Analyst forecast

Buy

Consensus of 18 analyst ratings

Buy
15
Hold
3
Sell
0
Average price target
$28.88+23.66% vs. last price
Last $23.35
Low $22.00High $40.00

Based on 8 analyst targets

Recent analyst ratings

FirmActionRatingPrice targetDate
Wells FargoMaintainedEqual-Weight$22.00 from $21.00Aug 7, 2026
BTIGMaintainedBuy$27.00 from $20.00Aug 6, 2026
RosenblattMaintainedBuy$40.00 from $39.00Aug 6, 2026
SusquehannaMaintainedPositive$30.00 from $22.00Aug 6, 2026
B. Riley SecuritiesMaintainedBuy$27.00 from $20.00Aug 6, 2026
BenchmarkMaintainedBuy$33.00 from $30.00Aug 6, 2026
Evercore ISI GroupMaintainedOutperform$25.00 from $21.00Aug 6, 2026
RBC CapitalMaintainedOutperform$27.00 from $20.00Aug 6, 2026
Wells FargoMaintainedEqual-Weight$21.00 from $15.00Jul 17, 2026
BTIGInitiated CoverageBuy$20.00Jun 9, 2026
Wells FargoMaintainedEqual-Weight$15.00 from $13.00May 8, 2026
Evercore ISI GroupMaintainedOutperform$21.00 from $20.00May 7, 2026
RBC CapitalMaintainedOutperform$20.00 from $23.00May 7, 2026
ScotiabankMaintainedSector Outperform$17.00 from $16.00May 7, 2026
NeedhamMaintainedBuy$25.00Apr 16, 2026
Wells FargoMaintainedEqual-Weight$13.00 from $20.00Feb 27, 2026
RosenblattMaintainedBuy$39.00Feb 26, 2026
BenchmarkMaintainedBuy$30.00 from $31.00Feb 26, 2026
ScotiabankMaintainedSector Outperform$16.00 from $30.00Feb 26, 2026
Wells FargoMaintainedEqual-Weight$20.00 from $22.00Nov 7, 2025

Frequently asked questions

  • What is the price target for MGNI stock?

    The average 12-month analyst price target for Magnite (MGNI) is $28.88, with a high estimate of $40.00 and a low of $22.00, across 8 analysts.

  • Is MGNI a buy, sell, or hold?

    Analysts covering Magnite currently average a Buy rating: 15 buy, 3 hold and 0 sell, from 18 analysts. Ratings reflect analyst opinion, not investment advice.

  • What upside do analysts see for MGNI?

    The average price target of $28.88 implies 23.66% upside from the last price of $23.35.

  • What is the latest analyst rating on MGNI?

    On Aug 7, 2026, Wells Fargo maintained Magnite at Equal-Weight with a price target of $22.00.

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.