Magna International (NYSE:MGA – Get Free Report) (TSE:MG) had its target price lifted by equities research analysts at Raymond James Financial from $50.00 to $75.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. The firm currently has a “market perform” rating on the stock. Raymond James Financial’s target price indicates a potential upside of 11.39% from the stock’s previous close.
A number of other analysts have also recently weighed in on MGA. Evercore increased their price objective on Magna International from $47.00 to $52.00 and gave the stock an “in-line” rating in a research report on Monday, November 24th. Morgan Stanley raised their price objective on shares of Magna International from $38.00 to $54.00 and gave the company an “equal weight” rating in a research note on Monday, December 8th. Royal Bank Of Canada lifted their price target on Magna International from $48.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Barclays raised their price target on Magna International from $58.00 to $67.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Finally, Citigroup increased their price objective on shares of Magna International from $49.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. Three analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $59.67.
Get Our Latest Analysis on MGA
Magna International Stock Down 2.0%
Magna International (NYSE:MGA – Get Free Report) (TSE:MG) last posted its earnings results on Friday, February 13th. The company reported $2.18 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.37. The firm had revenue of $10.74 billion during the quarter, compared to analysts’ expectations of $10.54 billion. Magna International had a return on equity of 12.77% and a net margin of 1.99%.The firm’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.69 earnings per share. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. Sell-side analysts anticipate that Magna International will post 5.87 EPS for the current fiscal year.
Hedge Funds Weigh In On Magna International
Hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in shares of Magna International by 35.7% in the 4th quarter. EverSource Wealth Advisors LLC now owns 779 shares of the company’s stock worth $42,000 after purchasing an additional 205 shares during the last quarter. 1620 Investment Advisors Inc. increased its position in Magna International by 2.7% in the fourth quarter. 1620 Investment Advisors Inc. now owns 8,232 shares of the company’s stock worth $439,000 after buying an additional 215 shares during the period. Van ECK Associates Corp lifted its stake in Magna International by 2.6% in the fourth quarter. Van ECK Associates Corp now owns 9,114 shares of the company’s stock valued at $486,000 after buying an additional 235 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of Magna International by 1.8% during the third quarter. Integrated Wealth Concepts LLC now owns 14,241 shares of the company’s stock valued at $675,000 after acquiring an additional 246 shares during the period. Finally, Arkadios Wealth Advisors grew its position in shares of Magna International by 7.3% during the fourth quarter. Arkadios Wealth Advisors now owns 4,767 shares of the company’s stock worth $254,000 after acquiring an additional 324 shares during the last quarter. 67.49% of the stock is currently owned by institutional investors and hedge funds.
Magna International News Roundup
Here are the key news stories impacting Magna International this week:
- Positive Sentiment: Q4 results and guidance: Magna topped Q4 estimates ($2.18 EPS, ~ $10.8B sales), raised the dividend and gave an upbeat FY2026 revenue and EPS outlook — a clear fundamental positive supporting higher valuation expectations. Article Title
- Positive Sentiment: Bullish research: TD Securities raised its price target to $75 and moved to a “buy” rating, implying meaningful upside versus current levels and supporting positive investor sentiment. Article Title
- Positive Sentiment: Momentum coverage: recent pieces (MSN, Zacks) pitch MGA as a long-term momentum name, which can attract momentum and quant flows into the shares. Article Title
- Neutral Sentiment: Mixed neutral rating: Barclays raised its target to $67 and kept an “equal weight” rating — essentially signaling the stock is fairly valued at current levels and limiting bullish conviction. Article Title
- Neutral Sentiment: RBC adjustment: Royal Bank of Canada bumped its target to $59 but keeps a “sector perform” view, which is neither explicitly bullish nor bearish and contributes to the mixed analyst tone. Article Title TickerReport
- Negative Sentiment: Conservative sell-side view: Goldman Sachs raised its target to $60 but maintained a “sell” rating, signaling the firm still sees downside and adding downward pressure amid the mixed messages. Article Title
Magna International Company Profile
Magna International Inc is a leading global automotive supplier specializing in the design, engineering, and manufacturing of vehicle systems, assemblies, modules, and components. Headquartered in Aurora, Ontario, the company partners with major original equipment manufacturers (OEMs) to develop technologies and solutions that enhance vehicle performance, safety, comfort, and fuel efficiency. Magna’s broad portfolio encompasses body exteriors and structures, powertrain systems, seating and interiors, roof systems, mirror systems, and advanced driver assistance systems (ADAS).
The company operates more than 350 manufacturing and assembly facilities and over 100 innovation centers across 27 countries, serving customers in North America, Europe, Asia, South America, and Africa.
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