15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 10 firms covering Magnite Inc, 9 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 $40.00 (about 2.4x), a sign of real disagreement on valuation. The average target of $27.30 sits 15% above the current $23.68. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 8 to 9 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.45 next quarter toward $1.29 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS10 ratings
Strong Buy
Strong Buy00%
Buy990%
Hold110%
Sell00%
Strong Sell00%
Based on 10 analysts giving stock ratings to Magnite Inc.
As of Sep, 9 of 10 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
$0.45
Range $0.35 – $0.53 · 9 analysts · +33% YoY
Next period, 9 analysts expect Magnite Inc to earn $0.45 a share (range $0.35 – $0.53), versus $0.34 a year earlier. Full-year consensus is $1.10, growing to $1.29 the year after.
REVENUE · NEXT QUARTER
$220.9M
Range $218.2M – $227.1M · 9 analysts · +13% YoY
Revenue is expected to reach $220.9M (range $218.2M – $227.1M), +13.3% year-over-year. Full-year consensus is $762.6M, rising to $837.6M 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
Barton Crockett
Rosenblatt · Rank #332
Buy
$40.00+68.9% to target
Overall win rate
34%
+ Follow
#2
Laura Martin
Needham · Rank #333
Buy
$25.00+5.6% to target
Overall win rate
30%
+ Follow
#3
Zach Cummins
B. Riley Securities · Rank #379
Buy
$20.00-15.5% to target
Overall win rate
31%
+ Follow
#4
Eric Martinuzzi
Lake Street · Rank #419
Buy
$25.00+5.6% to target
Overall win rate
21%
+ Follow
#5
Daniel L. Kurnos
Benchmark · Rank #439
Buy
$33.00+39.4% to target
Overall win rate
26%
+ Follow
MGNI stock forecast FAQ
What is MGNI's average 12-month price target?+
The 10 analysts with a live target average $27.30 for Magnite Inc over the next 12 months, ranging from a $40.00 high to a $17.00 low.
Is MGNI stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 10 analyst ratings, 9 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 $40.00 (Rosenblatt), and the Street-low is $17.00 (Scotiabank). The average of all 10 active targets is $27.30.
How many Wall Street analysts cover MGNI?+
10 analysts have an active rating on Magnite Inc, and 10 firms carry a live 12-month price target.
Who is the most accurate analyst covering MGNI?+
Among analysts who currently cover MGNI, Barton Crockett of Rosenblatt has the strongest overall Quantellect track record (Rank #332). Their current call is Buy with a $40.00 target.
What is Magnite Inc's projected EPS for next quarter?+
The consensus estimate is $0.45 per share (range $0.35 – $0.53) across 9 analysts. Full-year EPS is projected at $1.10, rising to $1.29 the following year.
How much revenue is Magnite Inc expected to report next quarter?+
Consensus revenue is $220.9M (range $218.2M – $227.1M). Full-year revenue is projected at $762.6M, growing to $837.6M next year.
Have analysts been upgrading or downgrading MGNI lately?+
As of Sep, 9 of 10 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.
