Magnite Inc. (MGNI) Social Stream
MAGNITE INC (MGNI) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering MGNI.
| 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 | $9.03 | 395.17% |
| 2021-12-01 | 6 | $70 | $30 | $43.714 | $9.03 | 384.1% |
| 2022-01-21 | 7 | $50 | $25 | $37.285 | $9.03 | 312.9% |
| 2022-01-27 | 7 | $50 | $23 | $36.285 | $9.03 | 301.83% |
| 2022-02-23 | 7 | $50 | $18 | $35.571 | $9.03 | 293.92% |
| 2022-03-01 | 7 | $44 | $18 | $32 | $9.03 | 254.37% |
| 2022-05-04 | 6 | $39 | $15 | $29.5 | $9.03 | 226.69% |
| 2022-06-06 | 6 | $39 | $15 | $28.833 | $9.03 | 219.3% |
| 2022-07-14 | 7 | $39 | $13 | $24.375 | $9.03 | 169.93% |
| 2022-08-02 | 7 | $39 | $13 | $24.125 | $9.03 | 167.17% |
| 2022-08-10 | 8 | $39 | $13 | $22.888 | $9.03 | 153.47% |
| 2022-08-17 | 8 | $37 | $13 | $18.75 | $9.03 | 107.64% |
| 2022-09-15 | 5 | $19 | $13 | $15.285 | $9.03 | 69.27% |
| 2022-11-10 | 5 | $19 | $9 | $14.714 | $9.03 | 62.95% |
| 2022-12-01 | 6 | $19 | $9 | $14.714 | $9.03 | 62.95% |
| 2023-02-05 | 6 | $19 | $13 | $15.571 | $9.03 | 72.44% |
| 2023-02-21 | 6 | $19 | $13 | $15 | $9.03 | 66.11% |
| 2023-03-22 | 6 | $16 | $15 | $15.428 | $9.03 | 70.85% |
The Trend in the Analyst Price Target
MGNI's average price target has moved down $2.57 over the prior 27 weeks.
MGNI reports an average of 105.31% for its upside potential over the past 46 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-08-10 | 8 | 39 | 13 | 22.888 | 9.11 | 151.24% |
| 2022-08-17 | 6 | 39 | 13 | 21.000 | 9.30 | 125.81% |
| 2022-08-17 | 7 | 39 | 13 | 21.000 | 9.30 | 125.81% |
| 2023-02-21 | 6 | 19 | 13 | 15.000 | 13.56 | 10.62% |
| 2023-03-01 | 6 | 16 | 15 | 15.428 | 10.84 | 42.32% |
MGNI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.33 | 4 | 2 | 0 | 0 | 0 | 6 |
The Trend in the Broker Recommendations
Over the past 17 months, MGNI's average broker recommendation rating improved by 0.67.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- To contextualize these metrics, consider that out of all US stocks, MAGNITE INC's variance in analysts' estimates is lower than -1847.34% of them.
- MAGNITE INC's upside potential (average analyst target price relative to current price) is higher than 2090.59% of Consumer Cyclical stocks.
- MGNI has a higher number of analysts covering the stock than 659.99% of Business Services stocks.
- In the context of Consumer Cyclical stocks, MAGNITE INC's average analyst price target is higher than 715.82% of them.
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 SABR, VNET, and SST.
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