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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
9 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
$17.44
▲(32.12% Upside)
| Highest Price Target$21.00 | Average Price Target$17.44 | 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
Craig-Hallum
Assigned
11/06/24
Lake Street
Assigned
11/06/24
Evercore ISI
Assigned
11/05/24
RBC Capital
Reiterated
10/31/24
Wells Fargo
Initiated
10/28/24
Benchmark Co.
Assigned
10/02/24
B.Riley Financial
Reiterated
10/02/24
Needham
Reiterated
10/01/24
Bank of America Securities
Reiterated
08/09/24
Macquarie
Reiterated
08/08/24
Wolfe Research
$16
Buy
21.21%
Upside
Initiated
07/15/24
Magnite initiated with an Outperform at Wolfe ResearchMagnite initiated with an Outperform at Wolfe Research
Cannonball Research
$17
Buy
28.79%
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
6.06%
Upside
Reiterated
02/29/24
Magnite price target raised to $14 from $11 at SusquehannaMagnite price target raised to $14 from $11 at Susquehanna
Stephens
$14→$13
Buy
-1.52%
Downside
Reiterated
11/09/23
Magnite price target lowered to $13 from $14 at StephensMagnite price target lowered to $13 from $14 at Stephens
Best Analysts Covering Magnite
Which Analyst Should I Follow If I Want to Buy MGNI and Sell After:
1 Month
xxx
Success Rate
11/15 ratings generated profit
Average Return
+4.05%
assigned a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 73.33% of your transactions generating a profit, with an average return of +4.05% per trade.
3 Months
xxx
Success Rate
7/13 ratings generated profit
Average Return
+3.65%
reiterated a xxx
rating 8 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 53.85% of your transactions generating a profit, with an average return of +3.65% per trade.
1 Year
Success Rate
9/15 ratings generated profit
Average Return
+19.62%
assigned a buy rating last month
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +19.62% per trade.
2 Years
xxx
Success Rate
11/15 ratings generated profit
Average Return
+24.95%
assigned a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 73.33% of your transactions generating a profit, with an average return of +24.95% 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
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
6
4
6
13
10
Buy
21
22
17
12
8
Hold
1
0
0
1
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
28
26
23
26
19
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 $17.44.
What is MGNI’s upside potential, based on the analysts’ average price target?
Magnite has 32.12% 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 9 buy ratings, 1 hold ratings and 0 sell ratings.
What is Magnite’s price target?
The average price target for Magnite is $17.44. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $21.00 ,the lowest forecast is $13.00. The average price target represents 32.12% Increase from the current price of $13.2.
The highest analyst price target is $21.00 ,the lowest forecast is $13.00. The average price target represents 32.12% Increase from the current price of $13.2.
What do analysts say about Magnite?
Magnite’s analyst rating consensus is a Strong Buy. This is based on the ratings of 10 Wall Streets Analysts.
How can I buy shares of MGNI?
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