
Magnite (MGNI) Stock Forecast & Price Target
Magnite (MGNI) Analyst Ratings
Bulls say
Magnite's financial performance demonstrated a robust growth trajectory, with EBITDA increasing by 13% year-over-year to $57 million and exceeding estimates by approximately $5 million. The company's Connected Television (CTV) segment showcased impressive growth, contributing 46% to revenue mix and achieving an 18% increase ex-TAC, reflecting a significant acceleration from previous quarters. Additionally, Magnite's strategic positioning in the advertising tech landscape is further supported by anticipated behavioral and structural reforms within Google AdTech, which may enhance revenue opportunities in the latter half of 2026.
Bears say
Magnite faces a negative outlook primarily due to projected revenue growth being 500 basis points lower in the calendar year 2026 than previously estimated, which significantly impacts its financial health. This anticipated decline in revenue and margins suggests a potential valuation of 1.0x CY/26E EV/S or 2.5x EV/EBITDA, positioning the company at a disadvantage relative to its peers. Additionally, the risk of failing to manage and defend its emerging growth opportunities raises concerns about potential market share losses in a competitive landscape.
This aggregate rating is based on analysts' research of Magnite and is not a guaranteed prediction by Public.com or investment advice.
Magnite (MGNI) Analyst Forecast & Price Prediction
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