Magnite Inc. (MGNI) Social Stream



Magnite Inc. (MGNI): $9.21

0.21 (-2.23%)

POWR Rating

Component Grades

Momentum

D

Stability

D

Sentiment

Quality

C

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Industry: Advertising

Industry

B

Ranked

#9 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 $9.61 365.29%
2021-12-01 7 $70 $30 $43.714 $9.61 354.88%
2022-01-21 7 $50 $25 $37.285 $9.61 287.98%
2022-01-27 7 $50 $23 $36.285 $9.61 277.58%
2022-02-23 7 $50 $18 $35.571 $9.61 270.15%
2022-03-01 6 $39 $18 $30 $9.61 212.17%
2022-05-04 6 $39 $15 $29.5 $9.61 206.97%
2022-06-06 6 $39 $15 $28.833 $9.61 200.03%
2022-07-14 7 $39 $13 $24.375 $9.61 153.64%
2022-08-02 7 $39 $13 $24.125 $9.61 151.04%
2022-08-10 8 $39 $13 $22.888 $9.61 138.17%
2022-08-17 8 $39 $13 $21 $9.61 118.52%
2022-09-15 6 $19 $13 $15.285 $9.61 59.05%
2022-11-10 5 $19 $9 $14.714 $9.61 53.11%
2022-12-01 6 $19 $9 $14.714 $9.61 53.11%
2023-02-05 6 $19 $13 $15.571 $9.61 62.03%
2023-02-21 6 $19 $13 $15 $9.61 56.09%
2023-03-22 6 $16 $15 $15.428 $9.61 60.54%
2023-06-01 7 $16 $15 $15.375 $9.61 59.99%
2023-07-10 7 $20 $15 $16 $9.61 66.49%
2023-08-10 7 $18 $13 $15.285 $9.61 59.05%
2023-08-16 8 $18 $13 $15.125 $9.61 57.39%
2023-10-02 8 $18 $12 $14.75 $9.61 53.49%
2023-11-09 7 $16 $11 $13.375 $9.61 39.18%

The Trend in the Analyst Price Target


MGNI's average price target has moved down $10.66 over the prior 16 months.

MGNI reports an average of 61.64% for its upside potential over the past 40 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-02-05 6 19 13 15.571 13.190 18.05%
2023-05-08 7 16 15 15.375 8.820 74.32%
2023-06-15 7 20 15 16.000 13.650 17.22%
2023-08-17 8 18 12 14.750 8.000 84.38%
2023-11-09 7 16 11 13.714 7.325 87.22%

MGNI Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.29 5 2 0 0 0 7

The Trend in the Broker Recommendations


MGNI's average broker recommendation rating improved by 0 over the prior 15 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.

  • In the context of all US stocks, MAGNITE INC's upside potential (average analyst target price relative to current price) is higher than 2800.9% of them.
  • To contextualize these metrics, consider that out of Business Services stocks, MAGNITE INC's variance in analysts' estimates is lower than -1880.41% of them.
  • In the context of Business Services stocks, MAGNITE INC's number of analysts covering the stock is greater than 799.83% of them.
  • MAGNITE INC's average analyst price target is higher than 913.71% of Business Services stocks.

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

Make investment decisions regarding MGNI using the data that counts. Try POWR Ratings for free.


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