The latest price target for Magnite (NASDAQ:MGNI) was reported by Scotiabank on December 5, 2024. The analyst firm set a price target for $22.00 expecting MGNI to rise to within 12 months (a possible 33.33% upside). 37 analyst firms have reported ratings in the last year.

The latest analyst rating for Magnite (NASDAQ:MGNI) was provided by Scotiabank, and Magnite initiated their sector outperform rating.

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.

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.

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 December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.

While ratings are subjective and will change, the latest Magnite (MGNI) rating was a initiated with a price target of $0.00 to $22.00. The current price Magnite (MGNI) is trading at is $16.50, which is within the analyst’s predicted range.