Recent Investment Analysts’ Ratings Updates for Magnite (MGNI)

Several analysts have recently updated their ratings and price targets for Magnite (NASDAQ: MGNI):

• 11/9/2026 – Magnite had its price target raised by BTIG Research from $27.00 to $33.00. They now have a “buy” rating on the stock.
• 11/5/2026 – Magnite had its price target raised by Scotiabank from $27.00 to $30.00. They now have a “sector outperform” rating on the stock.
• 11/5/2026 – Magnite had its price target raised by Susquehanna from $30.00 to $35.00. They now have a “positive” rating on the stock.
• 11/5/2026 – Magnite had its price target raised by Royal Bank Of Canada from $27.00 to $30.00. They now have an “outperform” rating on the stock.
• 11/5/2026 – Magnite had its price target raised by Wells Fargo & Company from $22.00 to $23.00. They now have an “equal weight” rating on the stock.
• 11/4/2026 – Magnite was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 10/23/2026 – Magnite was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/9/2026 – Magnite was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 10/2/2026 – Magnite had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $40.00 price target on the stock.
• 9/18/2026 – Magnite had its price target raised by B. Riley Financial from $27.00 to $30.00. They now have a “buy” rating on the stock.
• 9/18/2026 – Magnite had its price target raised by B. Riley Financial from $27.00 to $30.00. They now have a “buy” rating on the stock.
• 9/17/2026 – Magnite had its “buy” rating reaffirmed by Craig Hallum. They now have a $32.00 price target on the stock.

Magnite Stock Down 1.8%

Shares of Magnite stock opened at $28.52 on Wednesday. The firm has a market cap of $4.09 billion, a PE ratio of 23.97, a P/E/G ratio of 0.99 and a beta of 2.44. The business’s 50 day simple moving average is $24.27 and its 200 day simple moving average is $17.99. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.04 and a current ratio of 1.04. Magnite, Inc. has a 52-week low of $10.82 and a 52-week high of $29.25.

Magnite (NASDAQ:MGNI) last issued its quarterly earnings results on Wednesday, November 4th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.04. The company had revenue of $204.20 million during the quarter, compared to analysts’ expectations of $190.19 million. Magnite had a net margin of 23.58% and a return on equity of 10.94%. The business’s quarterly revenue was up 22.4% on a year-over-year basis. During the same period last year, the business earned $0.20 EPS. On average, analysts predict that Magnite, Inc. will post 0.61 earnings per share for the current fiscal year.

Insider Transactions at Magnite

In other Magnite news, Director Douglas Knopper sold 37,337 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $26.28, for a total transaction of $981,216.36. Following the transaction, the director owned 51,136 shares of the company’s stock, valued at $1,343,854.08. The trade was a 42.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Katie Evans sold 32,285 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $23.63, for a total value of $762,894.55. Following the sale, the insider owned 466,897 shares in the company, valued at approximately $11,032,776.11. This represents a 6.47% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 243,344 shares of company stock valued at $5,942,249. 3.20% of the stock is owned by insiders.

Magnite, Inc. operates a sell-side advertising platform that helps publishers, streaming services and app developers sell digital advertising inventory through programmatic auctions. Its technology connects those sellers with advertisers and their agencies seeking to buy ad placements. The company supports advertising across connected TV, online video, mobile applications and desktop formats. Its offerings include tools for managing and monetizing ad inventory, including streaming-focused ad-serving technology.