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Ranked #2899 by analyst upside · 2026-08-13
MGNI
Magnite, Inc.
Communication Services · Market Cap $3B · P/E 22.1x
ANALYST PRICE TARGET
+12.3%
implied upside to consensus target
Current Price $24.34
Consensus Target $27.33
Bull Target $40.0
Bear Target $21.0
Analysts Covering 15
ANALYST CONSENSUS - BUY
Strong Buy
3
Buy
10
Hold
2
Sell
0
52-Week Low $10.82
52-Week High $26.65
YTD Return +51.6%
FUNDAMENTALS
Market Cap $3B
P/E Ratio (TTM) 22.1x
Forward P/E 18.9x
EPS (TTM) $1.10
PEG Ratio 0.09
Dividend Yield N/A
Revenue (TTM) $742M
Profit Margin 22.5%
52-WEEK RANGE
52-Week Low $10.82
52-Week High $26.65
Current Price $24.34
Bear Target $21.0
Bull Target $40.0
● Now $24.34 ● Target $27.33
TRADING DATA
Avg Volume 2.9M
YTD Return +51.6%
Analyst Count 15
Consensus Buy
Upside to Target +12.3%
Last Updated 2026-08-13

ANALYST SUMMARY

Magnite, Inc. (MGNI) is currently trading at $24.34 with a Wall Street consensus price target of $27.33, implying potential upside of 12.3% over the next 12 months. 15 analysts currently cover MGNI, with a consensus rating of Buy - 87% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $40.0, while the most cautious has a target of $21.0.

MGNI operates in the Communication Services sector with a market capitalisation of $3B. The stock is up 51.6% year-to-date and is currently trading near the upper end of its 52-week range of $10.82 – $26.65.

SIMILAR STOCKS

Other Communication Services stocks with comparable size and valuation.

RECENT ANALYST CALLS

Upgrade/downgrade history for MGNI, with each firm's 90-day track record across all stocks we track. See full firm rankings →

BTIG ● Initiated
Buy 2026-06-09 38% win rate (8 calls)
Wells Fargo - Reiterated
Equal-Weight → Equal-Weight 2026-05-08 Building track record
Scotiabank - Reiterated
Sector Outperform → Sector Outperform 2026-05-07 20% win rate (5 calls)
RBC Capital - Reiterated
Outperform → Outperform 2026-05-07 Building track record
Evercore ISI Group - Reiterated
Outperform → Outperform 2026-05-07 Building track record
Needham reit
Buy → Buy 2026-04-16 20% win rate (5 calls)
Wells Fargo - Reiterated
Equal-Weight → Equal-Weight 2026-02-27 Building track record
Scotiabank - Reiterated
Sector Outperform → Sector Outperform 2026-02-26 20% win rate (5 calls)
HISTORICAL SNAPSHOT

Point-in-time data from StockUpside's daily snapshots. Tracks price, analyst target, upside %, consensus, and analyst count.

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ANALYST CONVICTION SCORE
57
out of 100
Coverage depth
21/30
Consensus clarity
14/30
Vote unanimity
20/25
Rating stability
2/15

Measures analyst agreement, not fundamental quality. A high score means analysts broadly agree on this call - not that the stock will go up.

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