Magnite Inc. (MGNI) Social Stream



Magnite Inc. (MGNI): $10.27

-0.37 (-3.48%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Advertising


Ranked

of 16

in industry

MAGNITE INC (MGNI) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering MAGNITE INC.

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 $10.64 320.24%
2021-12-01 6 $70 $30 $43.714 $10.64 310.85%
2022-01-21 7 $50 $25 $37.285 $10.64 250.42%
2022-01-27 7 $50 $23 $36.285 $10.64 241.02%
2022-02-23 7 $50 $18 $35.571 $10.64 234.31%
2022-03-01 7 $44 $18 $32 $10.64 200.75%
2022-05-04 6 $39 $15 $29.5 $10.64 177.26%
2022-06-06 6 $39 $15 $28.833 $10.64 170.99%
2022-07-14 7 $39 $13 $24.375 $10.64 129.09%
2022-08-02 7 $39 $13 $24.125 $10.64 126.74%
2022-08-10 8 $39 $13 $22.888 $10.64 115.11%
2022-08-17 8 $39 $13 $21 $10.64 97.37%
2022-09-15 5 $19 $13 $15.285 $10.64 43.66%
2022-11-10 5 $19 $9 $14.714 $10.64 38.29%

The Trend in the Analyst Price Target


Over the past 119 days, MGNI's average price target has gone down $9.66.

MGNI reports an average of 144.28% for its upside potential over the past 49 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-05-03 6 39 15 29.500 10.11 191.79%
2022-05-04 6 39 15 29.500 10.62 177.78%
2022-07-14 7 39 13 24.375 7.23 237.14%
2022-08-17 6 39 13 21.000 9.30 125.81%
2022-09-15 5 19 13 15.285 7.54 102.72%

MGNI Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.4 3 2 0 0 0 5

The Trend in the Broker Recommendations


MGNI's average broker recommendation rating improved by 0.6 over the prior 14 months.

The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.

  • MGNI has a lower variance in analysts' estimates than -1683.01% of all US stocks.
  • In terms of how MAGNITE INC fares relative to Consumer Cyclical stocks, note that its upside potential (average analyst target price relative to current price) is higher than 1656.2% of that group.
  • To contextualize these metrics, consider that out of Business Services stocks, MAGNITE INC's number of analysts covering the stock is higher than 614.22% of them.
  • MGNI has a greater average analyst price target than 641.35% of Business Services stocks.

In the Business Services industry, VNET, SST, and CYXT are the three stocks most similar to MAGNITE INC regarding the price target and analyst recommendation information presented here.

What is the outlook for MGNI? Use POWR Ratings for clearer insight into price direction.


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