Raymond James Financial Issues Positive Forecast for Magna International (NYSE:MGA) Stock Price

Magna International (NYSE:MGA) (TSE:MG) had its price target upped by stock analysts at Raymond James Financial from $50.00 to $75.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. Raymond James Financial’s price target indicates a potential upside of 11.39% from the company’s current price.

A number of other equities analysts have also recently issued reports on the company. Barclays lifted their target price on Magna International from $58.00 to $67.00 and gave the stock an “equal weight” rating in a report on Tuesday. Wells Fargo & Company upped their price objective on shares of Magna International from $50.00 to $58.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. Evercore lifted their target price on shares of Magna International from $47.00 to $52.00 and gave the stock an “in-line” rating in a research report on Monday, November 24th. Royal Bank Of Canada raised their price objective on shares of Magna International from $48.00 to $59.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Finally, BMO Capital Markets increased their target price on Magna International from $49.00 to $52.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Three analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $59.67.

Magna International Price Performance

MGA traded down $1.40 on Tuesday, reaching $67.33. The company had a trading volume of 4,124,560 shares, compared to its average volume of 2,000,707. The company has a market capitalization of $18.78 billion, a P/E ratio of 22.80 and a beta of 1.50. The company has a current ratio of 1.18, a quick ratio of 0.83 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average of $54.60 and a 200-day moving average of $49.32. Magna International has a one year low of $30.39 and a one year high of $69.94.

Magna International (NYSE:MGA) (TSE:MG) last announced its earnings results on Friday, February 13th. The company reported $2.18 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.37. Magna International had a return on equity of 12.77% 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 last year, the business posted $1.69 earnings per share. The company’s quarterly revenue was up 2.1% on a year-over-year basis. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. As a group, equities research analysts anticipate that Magna International will post 5.87 earnings per share for the current year.

Institutional Investors Weigh In On Magna International

Large investors have recently bought and sold shares of the business. ARGA Investment Management LP increased its position in Magna International by 33.2% during the third quarter. ARGA Investment Management LP now owns 4,148,133 shares of the company’s stock worth $196,557,000 after buying an additional 1,033,747 shares during the last quarter. Hillsdale Investment Management Inc. acquired a new position in Magna International in the 3rd quarter valued at $33,593,000. Geode Capital Management LLC raised its holdings in Magna International by 20.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,015,407 shares of the company’s stock worth $77,332,000 after acquiring an additional 338,470 shares during the period. AGF Management Ltd. acquired a new stake in shares of Magna International in the third quarter valued at about $14,191,000. Finally, Achmea Investment Management B.V. acquired a new position in shares of Magna International during the 3rd quarter worth about $8,606,000. 67.49% of the stock is currently owned by institutional investors.

More Magna International News

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.