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Magnite Inc
NASDAQ:MGNI

Watchlist Manager
Magnite Inc Logo
Magnite Inc
NASDAQ:MGNI
Watchlist
Price: 9.24 USD 5% Market Closed
Updated: Apr 26, 2024

Wall Street
Price Targets

MGNI Price Targets Summary
Magnite Inc

Wall Street analysts forecast MGNI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGNI is 15.58 USD with a low forecast of 13.13 USD and a high forecast of 18.9 USD.

Lowest
Price Target
13.13 USD
42% Upside
Average
Price Target
15.58 USD
69% Upside
Highest
Price Target
18.9 USD
105% Upside

MGNI Last Price Targets
Magnite Inc

The latest public price target was made on Apr 19, 2024 by Daniel Day from B.Riley Financial , who expects MGNI stock to rise by 57% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Daniel Day
B.Riley Financial
14.5 USD
Upside 57%
1 week ago
Apr 19, 2024
B.Riley Resumes Magnite (MGNI) at Buy
StreetInsider
Laura Martin
Needham
15 USD
Upside 62%
1 year ago
Mar 22, 2023
This Stock Has More Than 60% Upside, Thanks to Roku Opening Its CTV Ad Inventory, Analyst Says
Benzinga
Daniel Day
B.Riley Financial
Price Target 14.5 USD
Upside/Downside 57%
View Source
Laura Martin
Needham
Price Target 15 USD
Upside/Downside 62%
View Source
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Revenue
Forecast

Revenue Estimate
Magnite Inc

For the last 8 years the compound annual growth rate for Magnite Inc's revenue is 12%. The projected CAGR for the next 3 years is 9%.

12%
Past Growth
9%
Estimated Growth
Estimates Accuracy
8%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Magnite Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
24%
Average Beat

Net Income
Forecast

Net Income Estimate
Magnite Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
-54%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MGNI's stock price target?
Price Target
15.58 USD

According to Wall Street analysts, the average 1-year price target for MGNI is 15.58 USD with a low forecast of 13.13 USD and a high forecast of 18.9 USD.

What is Magnite Inc's Revenue forecast?
Projected CAGR
9%

For the last 8 years the compound annual growth rate for Magnite Inc's revenue is 12%. The projected CAGR for the next 3 years is 9%.