Should You Buy Magnite Inc (MGNI) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Magnite Inc (MGNI) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has shown strong financial performance in its latest quarter, the technical indicators and insider trading trends suggest caution. The lack of significant positive catalysts and the absence of proprietary trading signals further support a hold recommendation.
Technical Analysis
The MACD histogram is negative (-0.148) and contracting, indicating bearish momentum. RSI is neutral at 52.014, showing no clear overbought or oversold conditions. Moving averages are bearish (SMA_200 > SMA_20 > SMA_5), and the stock is trading near its pivot level of 15.295, with resistance at 16.444 and support at 14.145.
Analyst Ratings and Price Target Trends
B. Riley lowered the price target from $28.50 to $25 but maintained a Buy rating, citing strong Q3 results but concerns over Q4 outlook due to DV+ headwinds. Analysts see a favorable risk/reward at current price levels.
Wall Street analysts forecast MGNI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGNI is 28.11 USD with a low forecast of 24 USD and a high forecast of 39 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast MGNI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGNI is 28.11 USD with a low forecast of 24 USD and a high forecast of 39 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 14.860
Current: 14.860
