Magnite (MGNI) – Investment Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Magnite (NASDAQ: MGNI) recently:

• 8/7/2026 – Magnite had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 8/7/2026 – Magnite had its price target raised by Wells Fargo & Company from $21.00 to $22.00. They now have an “equal weight” rating on the stock.
• 8/6/2026 – Magnite had its “outperform” rating reaffirmed by Evercore Inc. They now have a $25.00 price target on the stock.
• 8/6/2026 – Magnite had its price target raised by Benchmark Co. from $30.00 to $33.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Magnite had its “outperform” rating reaffirmed by Scotiabank. They now have a $27.00 price target on the stock.
• 8/6/2026 – Magnite had its price target raised by Royal Bank Of Canada from $20.00 to $27.00. They now have an “outperform” rating on the stock.
• 8/6/2026 – Magnite had its price target raised by BTIG Research from $20.00 to $27.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Magnite had its price target raised by B. Riley Financial, Inc. from $20.00 to $27.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Magnite had its price target raised by Susquehanna from $22.00 to $30.00. They now have a “positive” rating on the stock.
• 8/6/2026 – Magnite had its price target raised by Rosenblatt Securities from $39.00 to $40.00. They now have a “buy” rating on the stock.
• 7/17/2026 – Magnite had its price target raised by Wells Fargo & Company from $15.00 to $21.00. They now have an “equal weight” rating on the stock.

Insider Buying and Selling

In related news, Director Paul Caine sold 5,000 shares of Magnite stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $24.35, for a total transaction of $121,750.00. Following the sale, the director directly owned 157,401 shares of the company’s stock, valued at approximately $3,832,714.35. The trade was a 3.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brian Gephart sold 12,479 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $24.68, for a total transaction of $307,981.72. Following the transaction, the chief accounting officer owned 106,117 shares of the company’s stock, valued at approximately $2,618,967.56. This represents a 10.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 935,251 shares of company stock worth $19,046,675 in the last quarter. Corporate insiders own 3.20% of the company’s stock.

Magnite, Inc (NASDAQ: MGNI) operates as an independent sell-side advertising platform that enables publishers and digital media owners to monetize their inventory through programmatic advertising. Formed in 2020 through the merger of Rubicon Project and Telaria, Magnite combines technologies for desktop, mobile, connected television (CTV) and digital out-of-home (DOOH) ad exchanges. The company provides an end-to-end solution designed to help media owners optimize yield across open marketplaces, private marketplaces and programmatic guaranteed deals.

At the core of Magnite’s offering is its supply-side platform (SSP), which connects publishers’ ad impressions to demand-side platforms (DSPs) through real-time bidding (RTB).