Magna International (NYSE:MGA) Stock Price Expected to Rise, TD Securities Analyst Says

Magna International (NYSE:MGA) (TSE:MG) had its price objective lifted by analysts at TD Securities from $58.00 to $75.00 in a report released on Tuesday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 12.27% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Scotiabank raised their target price on shares of Magna International from $52.00 to $57.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 27th. Wall Street Zen upgraded shares of Magna International from a “buy” rating to a “strong-buy” rating in a research report on Monday, January 19th. Canadian Imperial Bank of Commerce boosted their target price on Magna International from $50.00 to $56.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. UBS Group raised their price target on Magna International from $49.00 to $61.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. Finally, Royal Bank Of Canada lifted their price target on Magna International from $48.00 to $59.00 and gave the company a “sector perform” rating in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $60.40.

Magna International Stock Down 0.0%

Magna International stock opened at $66.80 on Tuesday. The stock has a 50 day moving average of $55.26 and a two-hundred day moving average of $49.62. Magna International has a twelve month low of $30.39 and a twelve month high of $69.94. The stock has a market capitalization of $18.63 billion, a price-to-earnings ratio of 22.65 and a beta of 1.50. The company has a current ratio of 1.25, a quick ratio of 0.83 and a debt-to-equity ratio of 0.36.

Magna International (NYSE:MGA) (TSE:MG) last released its quarterly earnings results on Friday, February 13th. The company reported $2.18 EPS for the quarter, topping the consensus estimate of $1.81 by $0.37. Magna International had a return on equity of 12.73% and a net margin of 1.99%.The business had revenue of $10.74 billion during the quarter, compared to analysts’ expectations of $10.54 billion. During the same quarter in the prior year, the business earned $1.69 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. As a group, research analysts expect that Magna International will post 5.87 earnings per share for the current year.

Institutional Trading of Magna International

Several institutional investors and hedge funds have recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of Magna International by 35.7% in the fourth quarter. EverSource Wealth Advisors LLC now owns 779 shares of the company’s stock valued at $42,000 after purchasing an additional 205 shares during the last quarter. 1620 Investment Advisors Inc. lifted its stake in Magna International by 2.7% in the 4th quarter. 1620 Investment Advisors Inc. now owns 8,232 shares of the company’s stock valued at $439,000 after buying an additional 215 shares in the last quarter. Van ECK Associates Corp lifted its stake in Magna International by 2.6% in the 4th 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 in the last quarter. Integrated Wealth Concepts LLC grew its holdings in Magna International by 1.8% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,241 shares of the company’s stock valued at $675,000 after buying an additional 246 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its position in 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 buying an additional 324 shares in the last quarter. Hedge funds and other institutional investors own 67.49% of the company’s stock.

Trending Headlines about Magna International

Here are the key news stories impacting Magna International this week:

• Positive Sentiment: Post-earnings momentum and heavy trading: coverage notes Magna “revs nearly 20% in massive volume” after its quarter, indicating short-term buying and momentum flows that pushed the stock higher following results. Magna stock revs nearly 20% in massive volume on earnings; gets rating upgrade
• Positive Sentiment: Raymond James raised its target to $75 (market perform), implying ~12% upside — a material bullish signal from a long-standing automotive analyst. Raymond James raise to $75
• Positive Sentiment: TD Securities bumped its target to $75 and kept a “buy” stance, another clear upward catalyst supporting the stock’s rally potential. TD Securities raise to $75
• Positive Sentiment: Scotiabank raised its target to $69 (sector perform), offering modest upside and reinforcing the post-earnings re-rating. Scotiabank raise to $69
• Neutral Sentiment: Barclays nudged its target to $67 (equal weight) — a marginal upside that is unlikely to be a strong directional driver on its own. Barclays raise to $67
• Neutral Sentiment: Longer-term momentum write-up: a feature arguing Magna is a top momentum stock may support investor interest in the name but is thematic rather than a fresh catalyst. Why Magna is a top momentum stock
• Negative Sentiment: Goldman Sachs raised its target to $60 but kept a “sell” rating — the target sits materially below the current price, representing downside pressure from a major sell-side voice. Goldman Sachs raise to $60 (sell)
• Negative Sentiment: RBC lifted its target to $59 (sector perform), still signaling roughly double-digit downside versus the current share price and tempering upside momentum. RBC raise to $59
• Negative Sentiment: Morgan Stanley raised its target to $65 with an “equal weight” rating; the target is slightly below current levels, adding another cautious view amid the mix of upgrades. Morgan Stanley raise to $65

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.