Weekly Analysts’ Ratings Changes for Magnite (MGNI)

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

• 2/27/2026 – Magnite had its price target lowered by Wells Fargo & Company from $20.00 to $13.00. They now have an “equal weight” rating on the stock.
• 2/26/2026 – Magnite had its “outperform” rating reaffirmed by Evercore Inc. They now have a $20.00 price target on the stock.
• 2/26/2026 – Magnite had its price target lowered by Scotiabank from $30.00 to $16.00. They now have a “sector outperform” rating on the stock.
• 2/26/2026 – Magnite had its price target lowered by Benchmark Co. from $31.00 to $30.00. They now have a “buy” rating on the stock.
• 2/26/2026 – Magnite had its “buy” rating reaffirmed by Rosenblatt Securities. They now have a $39.00 price target on the stock.
• 1/22/2026 – Magnite had its “hold (c)” rating reaffirmed by Weiss Ratings.

Insider Buying and Selling

In other news, insider Adam Lee Soroca sold 21,529 shares of Magnite stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $12.00, for a total value of $258,348.00. Following the transaction, the insider directly owned 388,425 shares of the company’s stock, valued at $4,661,100. The trade was a 5.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 4.30% of the stock is owned by corporate insiders.

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).