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Magnite Analyst Ratings

MGNINASDAQ
Logo brought to you by Benzinga Data
$14.69
-1.08-6.85%
At close: -
$14.65
-0.04-0.27%
After Hours: 7:51 PM EDT
Q4 2024 Earnings were released on Wed Feb 26th, after the market close
The most recent conference call was at 16:30 PM, 6 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$25.00
Lowest Price Target1
$12.00
Consensus Price Target1
$18.06

Magnite Analyst Ratings and Price Targets | NASDAQ:MGNI | Benzinga

Magnite Inc has a consensus price target of $18.06 based on the ratings of 18 analysts. The high is $25 issued by Benchmark on February 27, 2025. The low is $12 issued by Truist Securities on August 15, 2023. The 3 most-recent analyst ratings were released by Susquehanna, Benchmark, and Needham on February 27, 2025, respectively. With an average price target of $22.33 between Susquehanna, Benchmark, and Needham, there's an implied 52.45% upside for Magnite Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Nov 24
1
Dec 24
3
1
Jan
2
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Susquehanna
Benchmark
Needham
Wells Fargo
RBC Capital

1calculated from analyst ratings

Analyst Ratings for Magnite

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Magnite (MGNI) stock?

A

The latest price target for Magnite (NASDAQ:MGNI) was reported by Susquehanna on February 27, 2025. The analyst firm set a price target for $22.00 expecting MGNI to rise to within 12 months (a possible 50.17% upside). 36 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Magnite (MGNI)?

A

The latest analyst rating for Magnite (NASDAQ:MGNI) was provided by Susquehanna, and Magnite maintained their positive rating.

Q

When was the last upgrade for Magnite (MGNI)?

A

The last upgrade for Magnite Inc happened on May 24, 2024 when B of A Securities raised their price target to $15. B of A Securities previously had a neutral for Magnite Inc.

Q

When was the last downgrade for Magnite (MGNI)?

A

The last downgrade for Magnite Inc happened on June 5, 2023 when Cannonball Research changed their price target from N/A to $13.5 for Magnite Inc.

Q

When is the next analyst rating going to be posted or updated for Magnite (MGNI)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Magnite, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Magnite was filed on February 27, 2025 so you should expect the next rating to be made available sometime around February 27, 2026.

Q

Is the Analyst Rating Magnite (MGNI) correct?

A

While ratings are subjective and will change, the latest Magnite (MGNI) rating was a maintained with a price target of $16.00 to $22.00. The current price Magnite (MGNI) is trading at is $14.65, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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