15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 9 firms covering Magnite Inc, 8 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets range widely, $17.00 to $39.00 (about 2.3x), a sign of real disagreement on valuation. The average target of $24.56 sits 25% above the current $19.71. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 7 to 8 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.27 next quarter toward $1.24 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS9 ratings
Strong Buy
Strong Buy00%
Buy889%
Hold111%
Sell00%
Strong Sell00%
Based on 9 analysts giving stock ratings to Magnite Inc.
As of Jul, 8 of 9 firms rate MGNI a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MGNI EPS & revenue forecast
EPS · NEXT QUARTER
$0.27
Range $0.24 – $0.31 · 7 analysts · +36% YoY
Next period, 7 analysts expect Magnite Inc to earn $0.27 a share (range $0.24 – $0.31), versus $0.20 a year earlier. Full-year consensus is $1.11, growing to $1.24 the year after.
REVENUE · NEXT QUARTER
$185.1M
Range $181.4M – $187.8M · 7 analysts · +11% YoY
Revenue is expected to reach $185.1M (range $181.4M – $187.8M), +11.0% year-over-year. Full-year consensus is $747.8M, rising to $815.2M next year.
Top analysts covering Magnite Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MGNI.
#1
Laura Martin
Needham · Rank #256
Buy
$25.00+26.8% to target
Overall win rate
31%
+ Follow
#2
Barton Crockett
Rosenblatt · Rank #305
Buy
$39.00+97.9% to target
Overall win rate
32%
+ Follow
#3
Zach Cummins
B. Riley Securities · Rank #312
Buy
$20.00+1.5% to target
Overall win rate
30%
+ Follow
#4
Eric Martinuzzi
Lake Street · Rank #337
Buy
$22.00+11.6% to target
Overall win rate
22%
+ Follow
#5
Daniel L. Kurnos
Benchmark · Rank #373
Buy
$30.00+52.2% to target
Overall win rate
25%
+ Follow
MGNI stock forecast FAQ
What is MGNI's average 12-month price target?+
The 9 analysts with a live target average $24.56 for Magnite Inc over the next 12 months, ranging from a $39.00 high to a $17.00 low.
Is MGNI stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 9 analyst ratings, 8 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for MGNI?+
The Street-high target is $39.00 (Rosenblatt), and the Street-low is $17.00 (Scotiabank). The average of all 9 active targets is $24.56.
How many Wall Street analysts cover MGNI?+
9 analysts have an active rating on Magnite Inc, and 9 firms carry a live 12-month price target.
Who is the most accurate analyst covering MGNI?+
Among analysts who currently cover MGNI, Laura Martin of Needham has the strongest overall Quantellect track record (Rank #256). Their current call is Buy with a $25.00 target.
What is Magnite Inc's projected EPS for next quarter?+
The consensus estimate is $0.27 per share (range $0.24 – $0.31) across 7 analysts. Full-year EPS is projected at $1.11, rising to $1.24 the following year.
How much revenue is Magnite Inc expected to report next quarter?+
Consensus revenue is $185.1M (range $181.4M – $187.8M). Full-year revenue is projected at $747.8M, growing to $815.2M next year.
Have analysts been upgrading or downgrading MGNI lately?+
As of Jul, 8 of 9 firms rate MGNI a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MGNI calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
