Magna International (NYSE:MGA) Stock Price Expected to Rise, The Goldman Sachs Group Analyst Says

Magna International (NYSE:MGA) (TSE:MG) had its price objective upped by research analysts at The Goldman Sachs Group from $49.00 to $60.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has a “sell” rating on the stock. The Goldman Sachs Group’s price objective would suggest a potential downside of 10.18% from the company’s current price.

A number of other equities analysts have also recently weighed in on the company. Citigroup upped their price target on Magna International from $49.00 to $55.00 and gave the stock a “neutral” rating in a report on Friday, November 14th. BMO Capital Markets upped their target price on Magna International from $49.00 to $52.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. Canadian Imperial Bank of Commerce lifted their price target on shares of Magna International from $50.00 to $56.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Wall Street Zen raised shares of Magna International from a “buy” rating to a “strong-buy” rating in a report on Monday, January 19th. Finally, Scotiabank increased their price objective on shares of Magna International from $52.00 to $57.00 and gave the company a “sector perform” rating in a report on Tuesday, January 27th. Three equities 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $60.40.

Magna International Stock Performance

MGA opened at $66.80 on Tuesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.25 and a quick ratio of 0.83. The firm has a fifty day moving average price of $55.26 and a 200 day moving average price of $49.62. Magna International has a 1 year low of $30.39 and a 1 year high of $69.94. The stock has a market cap of $18.63 billion, a P/E ratio of 22.65 and a beta of 1.50.

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, beating the consensus estimate of $1.81 by $0.37. Magna International had a net margin of 1.99% and a return on equity of 12.73%. The company had revenue of $10.74 billion for the quarter, compared to analyst estimates of $10.54 billion. The firm’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the business earned $1.69 earnings per share. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. Equities research analysts anticipate that Magna International will post 5.87 earnings per share for the current year.

Institutional Trading of Magna International

A number of hedge funds have recently bought and sold shares of MGA. ARGA Investment Management LP lifted its stake in Magna International by 1.1% in the 4th quarter. ARGA Investment Management LP now owns 4,193,129 shares of the company’s stock worth $223,512,000 after purchasing an additional 44,996 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Magna International by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 2,426,843 shares of the company’s stock valued at $128,774,000 after purchasing an additional 154,710 shares during the last quarter. Russell Investments Group Ltd. lifted its position in Magna International by 7.8% during the fourth quarter. Russell Investments Group Ltd. now owns 2,090,887 shares of the company’s stock worth $111,549,000 after buying an additional 151,819 shares in the last quarter. Hillsdale Investment Management Inc. boosted its stake in Magna International by 2.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 725,425 shares of the company’s stock worth $38,741,000 after buying an additional 16,255 shares during the last quarter. Finally, QV Investors Inc. grew its holdings in Magna International by 0.6% in the 2nd quarter. QV Investors Inc. now owns 651,377 shares of the company’s stock valued at $25,129,000 after buying an additional 3,912 shares in the last quarter. Institutional investors and hedge funds own 67.49% of the company’s stock.

More Magna International News

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.