Magnite (MGNI, Ad agencies & marketing) Stock Valuation & Fair Value
Weak on forward returnsMagnite (MGNI, Ad agencies & marketing) trades at a current P/E of 24.7, about 15% below its historical normal valuation, with a forward growth estimate of 18.3% and a PEG of 1.35. Analysts' one-year estimates have been hit 9% of the time. Priced at its historical normal P/E of 28.9 on the same blended earnings, the 2026-11-06 close of $27.39 corresponds to about $32.20 a share. This is a valuation reference, not a price target.
How to read these numbers: the PEG ratio and current P/E versus normal P/E.
- Price $27.39 at the Nov 6 close, 16.6% above the 20-day average ($23.50) and 13.8% above the 50-day ($24.06).
- RSI (14) at 68.4.
- 52-week range $11.20 to $27.52: the price is 0.5% below the high and 144.6% above the low.
The Street vs SeerForecast
Wall Street's mean price target for MGNI is $29.67 across 15 analysts, 8.3% above the current price. The average analyst rating is Strong Buy. Our SeerForecast read of the same stock, formed without analyst targets: weak on forward returns. When the two disagree, start your digging there.
Valuation flags
- Misses analyst estimates often (40%)
Verdict history
tickerseer's rating moved from weak on forward returns (2026-07-31) to favorable on our tests (2026-11-02). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.
Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.
Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.
Show all 29 readings
Frequently asked questions
Is Magnite stock overvalued?
At a current P/E of 24.7 versus its historical normal P/E of 28.9, Magnite trades about 15% below its typical valuation, with a PEG of 1.35 on 18.3% forward growth. tickerseer currently rates it weak on forward returns.
What is Magnite's fair value and PEG?
Magnite trades at a current P/E of 24.7 against a historical normal P/E of 28.9, a PEG of 1.35, and a forward growth estimate of 18.3%. Priced at its historical normal P/E of 28.9 on the same blended earnings, the 2026-11-06 close of $27.39 corresponds to about $32.20 a share. This is a valuation reference, not a price target.
Has tickerseer's rating of Magnite changed?
tickerseer's rating moved from weak on forward returns (2026-07-31) to favorable on our tests (2026-11-02). New rating rules took effect in the week of 2026-09-28, and this rating moved across that change, so part of the move may come from the new rules rather than the company.
What is the analyst price target for Magnite?
The mean Wall Street price target for Magnite is $29.67 across 15 analysts, 8.3% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.
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