Analyst Price Target is $39.89
▲ +33.68% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Magnite in the last 3 months. The average price target is $39.89, with a high forecast of $70.00 and a low forecast of $13.00. The average price target represents a 33.68% upside from the last price of $29.84.
Current Consensus is
The current consensus among 9 investment analysts is to buy stock in Magnite.
Magnite, Inc. provides a technology solution to automate the purchase and sale of digital advertising inventory for buyers and sellers. It features applications and services for digital advertising sellers including websites, mobile applications, and other digital media properties. The company was founded by Frank Addante, Duc Chau, Craig Roah, Julie Mattern and Brian D. Baumgart on April 20, 2007 and is headquartered in Los Angeles, CA.