
Magnite (MGNI) Stock Forecast & Price Target
Magnite (MGNI) Analyst Ratings
Bulls say
Magnite demonstrated strong financial performance with a Year-over-Year (Y/Y) EBITDA increase of 13%, reaching $57 million, and exceeding estimates by approximately $5 million. The company's connected television (CTV) segment saw significant growth, accounting for 46% of revenue mix with an 18% increase Y/Y, bolstered by a 25% growth rate when excluding political advertising. Additionally, Magnite continues to enhance its competitive positioning in the advertising technology landscape, as evidenced by its optimism regarding potential structural reforms following a Google AdTech remedy trial, which could positively impact revenue in the latter half of 2026.
Bears say
Magnite's stock outlook is negatively influenced by a projected revenue growth rate that is expected to be 500 basis points lower in CY/26E compared to the base case scenario, indicating slower expansion. This potential downturn could result in an enterprise value-to-sales (EV/S) ratio of 1.0x and an EV/EBITDA ratio of 2.5x, which would reflect a discount relative to peers. Additionally, the company's failure to effectively manage and capitalize on its emerging growth opportunities in the competitive supply-side platform market may lead to significant market share losses.
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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