Ten analysts covering Magnite Inc. issued a consensus rating of Moderate Buy on July 20, 2026. Eight analysts currently recommend a buy rating, while two analysts issued a hold rating. Brokerages established an average one-year price target of approximately $24.56.
Magnite surpassed analyst expectations in its most recent quarterly earnings report. The company posted earnings of $0.13 per share, beating the consensus estimate of $0.11. Quarterly revenue reached $164.37 million, exceeding the anticipated $159.24 million. This represents a 5.5% revenue increase on a year-over-year basis.