# Magnite (MGNI) — Analyst Forecast

MGNI · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/mgni/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 16 | 2 | 0 | 18 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $22.00 | $29.33 | $40.00 | 9 |

Last price $24.48 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 2, 2026 | Rosenblatt | Maintained | Buy | $40.00 |
| Sep 18, 2026 | B. Riley Securities | Maintained | Buy | $30.00 |
| Sep 9, 2026 | BTIG | Maintained | Buy | $27.00 |
| Sep 3, 2026 | Needham | Maintained | Buy | $30.00 |
| Aug 7, 2026 | Wells Fargo | Maintained | Equal-Weight | $22.00 |
| Aug 6, 2026 | BTIG | Maintained | Buy | $27.00 |
| Aug 6, 2026 | Rosenblatt | Maintained | Buy | $40.00 |
| Aug 6, 2026 | Susquehanna | Maintained | Positive | $30.00 |
| Aug 6, 2026 | B. Riley Securities | Maintained | Buy | $27.00 |
| Aug 6, 2026 | Benchmark | Maintained | Buy | $33.00 |
| Aug 6, 2026 | Evercore ISI Group | Maintained | Outperform | $25.00 |
| Aug 6, 2026 | RBC Capital | Maintained | Outperform | $27.00 |
| Jul 17, 2026 | Wells Fargo | Maintained | Equal-Weight | $21.00 |
| Jun 9, 2026 | BTIG | Initiated Coverage | Buy | $20.00 |
| May 8, 2026 | Wells Fargo | Maintained | Equal-Weight | $15.00 |
| May 7, 2026 | Evercore ISI Group | Maintained | Outperform | $21.00 |
| May 7, 2026 | RBC Capital | Maintained | Outperform | $20.00 |
| May 7, 2026 | Scotiabank | Maintained | Sector Outperform | $17.00 |
| Apr 16, 2026 | Needham | Maintained | Buy | $25.00 |
| Feb 27, 2026 | Wells Fargo | Maintained | Equal-Weight | $13.00 |

## Frequently Asked Questions

### What is the price target for MGNI stock?

The average 12-month analyst price target for Magnite (MGNI) is $29.33, with a high estimate of $40.00 and a low of $22.00, across 9 analysts.

### Is MGNI a buy, sell, or hold?

Analysts covering Magnite currently average a Buy rating: 16 buy, 2 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 $29.33 implies 19.83% upside from the last price of $24.48.

### What is the latest analyst rating on MGNI?

On Oct 2, 2026, Rosenblatt maintained Magnite at Buy with a price target of $40.00.

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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.

Data provided by [AInvest](https://www.ainvest.com).