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Magnite (MGNI)
NASDAQ:MGNI
Holding MGNI?
Track your performance easily
See the Price Targets and Ratings of:
MGNI Analyst Ratings
Strong Buy
10 Buy
1 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
MGNI Stock 12 Month Forecast
Average Price Target
$19.17
▲(17.32% Upside)
| Highest Price Target$22.00 | Average Price Target$19.17 | Lowest Price Target$13.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Macquarie
Reiterated
12/16/24
Evercore ISI
Reiterated
12/10/24
Scotiabank
Initiated
12/06/24
Needham
Reiterated
12/05/24
Wells Fargo
Reiterated
12/03/24
Craig-Hallum
Assigned
11/21/24
Bank of America Securities
Reiterated
11/08/24
Lake Street
Reiterated
11/08/24
Benchmark Co.
Reiterated
11/08/24
RBC Capital
Reiterated
11/07/24
B.Riley Financial
$18.5
Buy
13.22%
Upside
Reiterated
10/02/24
B.Riley reiterates Buy Rating on Magnite (MGNI)B.Riley analyst Daniel Day reiterated a Buy rating and $18.50 price target on Magnite (NASDAQ: MGNI).
Wolfe Research
$16
Buy
-2.08%
Downside
Initiated
07/15/24
Magnite initiated with an Outperform at Wolfe ResearchMagnite initiated with an Outperform at Wolfe Research
Cannonball Research
$17
Buy
4.04%
Upside
Upgraded
06/03/24
Magnite upgraded to Buy from Neutral at Cannonball ResearchMagnite upgraded to Buy from Neutral at Cannonball Research
Susquehanna
$11→$14
Buy
-14.32%
Downside
Reiterated
02/29/24
Magnite price target raised to $14 from $11 at SusquehannaMagnite price target raised to $14 from $11 at Susquehanna
Best Analysts Covering Magnite
Which Analyst Should I Follow If I Want to Buy MGNI and Sell After:
1 Month
xxx
Success Rate
12/16 ratings generated profit
Average Return
+5.81%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 75.00% of your transactions generating a profit, with an average return of +5.81% per trade.
3 Months
xxx
Success Rate
11/16 ratings generated profit
Average Return
+13.45%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 68.75% of your transactions generating a profit, with an average return of +13.45% per trade.
1 Year
Success Rate
13/16 ratings generated profit
Average Return
+38.83%
reiterated a buy rating last month
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +38.83% per trade.
2 Years
xxx
Success Rate
16/16 ratings generated profit
Average Return
+50.84%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +50.84% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
MGNI Analyst Recommendation Trends
Rating
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
4
6
13
11
9
Buy
22
17
12
13
14
Hold
0
0
1
1
2
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
26
23
26
25
25
Each month's total comprises the sum of three months' worth of ratings.
MGNI Financial Forecast
MGNI Stock Forecast FAQ
What is MGNI’s average 12-month price target, according to analysts?
Based on analyst ratings, Magnite’s 12-month average price target is $19.17.
What is MGNI’s upside potential, based on the analysts’ average price target?
Magnite has 17.32% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is MGNI a Buy, Sell or Hold?
Magnite has a consensus rating of Strong Buy which is based on 10 buy ratings, 1 hold ratings and 0 sell ratings.
What is Magnite’s price target?
The average price target for Magnite is $19.17. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $22.00 ,the lowest forecast is $13.00. The average price target represents 17.32% Increase from the current price of $16.34.
The highest analyst price target is $22.00 ,the lowest forecast is $13.00. The average price target represents 17.32% Increase from the current price of $16.34.
What do analysts say about Magnite?
Magnite’s analyst rating consensus is a Strong Buy. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of MGNI?
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