MGNI Stock Magnite, Inc.
US · NasdaqGSLast in our picks 2026-10-14 — not in the current list; analysis below is from that screen
Connected-TV advertising growth and operating leverage offer attractive small-cap upside.
Future value: $29.67 (+17.17%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Bank of America Buy reiteration and strong analyst consensus
- ▸Above 50-day MA (+4.65%)
- ▸Above 200-day MA — long-term uptrend
- ▸Near 52-week high (90.5% of range) — strength
Is MGNI a buy right now?
Trend: MGNI is trading below the 50-day average (-10.19%), RSI 57 — neutral momentum, with a 3-month return of +10.10%.
Valuation & quality: Magnite, Inc. trades on a trailing P/E of 19.7, forward P/E 16.4, PEG 0.09, price-to-book 3.32; fundamentals show net margin 22.5%, return on equity 19.6%, revenue growth 11.2% year on year.
Analyst consensus: 15 analysts have a mean 12-month price target of $29.67 (+36.8% vs the last close; range $21.00 – $43.00), consensus rating “strong buy”.
Our screen: STRONG BUY (score 5) — Connected-TV advertising growth and operating leverage offer attractive small-cap upside.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -12.80% | +7.90% | +11.80% | +32.40% | +1.70% | +21.70% | +7.50% | -14.10% |
Fundamentals
Analyst price target
Technical signals
About Magnite, Inc.
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally.
Sector: Communication Services · Industry: Advertising Agencies · United States · 971 employees · Website
Related Communication Services picks
Browse: all US stocks · Communication Services picks · today's movers
Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.