Magnite Inc. (MGNI) Social Stream
MAGNITE INC (MGNI) Price Targets From Analysts
Use the tables below to see what analysts covering MAGNITE INC think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-04 | 7 | $70 | $36 | $44.714 | $7.39 | 505.06% |
| 2021-12-01 | 6 | $70 | $30 | $43.714 | $7.39 | 491.53% |
| 2022-01-21 | 7 | $50 | $25 | $37.285 | $7.39 | 404.53% |
| 2022-01-27 | 7 | $50 | $23 | $36.285 | $7.39 | 391% |
| 2022-02-23 | 7 | $50 | $18 | $35.571 | $7.39 | 381.34% |
| 2022-03-01 | 7 | $44 | $18 | $32 | $7.39 | 333.02% |
| 2022-05-04 | 6 | $39 | $15 | $29.5 | $7.39 | 299.19% |
| 2022-06-06 | 6 | $39 | $15 | $28.833 | $7.39 | 290.16% |
| 2022-07-14 | 7 | $39 | $13 | $24.375 | $7.39 | 229.84% |
| 2022-08-02 | 7 | $39 | $13 | $24.125 | $7.39 | 226.45% |
| 2022-08-10 | 8 | $39 | $13 | $22.888 | $7.39 | 209.72% |
| 2022-08-17 | 8 | $39 | $13 | $21 | $7.39 | 184.17% |
The Trend in the Analyst Price Target
MGNI's average price target has moved down $36.88 over the prior 16 months.
MGNI reports an average of 145.57% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-09-19 | 8 | 70 | 37 | 48.440 | 29.18 | 66% |
| 2021-09-20 | 8 | 70 | 37 | 48.440 | 28.07 | 72.57% |
| 2022-02-23 | 7 | 50 | 18 | 35.571 | 11.34 | 213.68% |
| 2022-03-01 | 6 | 44 | 18 | 32.000 | 13.74 | 132.9% |
| 2022-08-10 | 8 | 39 | 13 | 22.888 | 9.11 | 151.24% |
MGNI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.25 | 6 | 2 | 0 | 0 | 0 | 8 |
The Trend in the Broker Recommendations
MGNI's average broker recommendation rating improved by 0.25 over the prior 35 weeks.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how MAGNITE INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is greater than 1414.46% of that group.
- MGNI has a lower variance in analysts' estimates than -1254.19% of all US stocks.
- MAGNITE INC's average analyst price target is greater than 504.82% of Business Services stocks.
- MAGNITE INC's number of analysts covering the stock is higher than 506.3% of Business Services stocks.
In terms of price targets and recommendations offered by analysts, the stocks in the Business Services industry with the ratings most similar to MAGNITE INC are KNBE, KIND, and IAS.
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