Smart Money Believes Magnite Stock Can 10X in 4 Years. Can It?

·4 min read
Smart Money Believes Magnite Stock Can 10X in 4 Years. Can It?

Share prices of supply-side advertising-technology (adtech) specialist Magnite (NASDAQ: MGNI) have plummeted 86% from their all-time high over one year ago. In fact, they made a bet Magnite could reach $91.26 per share by 2026, more than 10 times where the stock trades today. In this article, we'll look at why smart money believed Magnite could hit this price.