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Magna International Inc (MGA) Stock Forecast & Price Prediction

Live MGA Stock Price & Analysis

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$37.85

-1.82 (-4.59%)

12 Month Price Forecast For MGA

$37.85
Current Price
$10.71B
Market Cap
21 Ratings
Buy 9
Hold 11
Sell 1
Wall St Analyst Ratings

Distance to MGA Price Forecasts

+63.8%
To High Target of $62.00
+32.1%
To Median Target of $50.00
+5.7%
To Low Target of $40.00

MGA Price Momentum

-2.0%
1 Week Change
-6.7%
1 Month Change
-31.1%
1 Year Change
-9.4%
Year-to-Date Change
-32.6%
From 52W High of $56.12
+8.0%
From 52W Low of $35.05

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 6:01 PM UTC

MGA Analyst Ratings & Price Targets

Based on our analysis of 25 Wall Street analysts, MGA has a neutral consensus with a median price target of $50.00 (ranging from $40.00 to $62.00). The overall analyst rating is Buy (7.1/10). Currently trading at $37.85, the median forecast implies a 32.1% upside. This outlook is supported by 9 Buy, 11 Hold, and 1 Sell ratings.

The most optimistic forecast comes from John Murphy at B of A Securities, projecting a 63.8% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

MGA Analyst Consensus

9
Buy
11
Hold
1
Sell

MGA Price Target Range

Low
$40.00
Average
$50.00
High
$62.00
Current: $37.85

Latest MGA Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for MGA.

Date Firm Analyst Rating Change Price Target
Jan 27, 2025 TD Securities Brian Morrison Buy Maintains $50.00
Jan 27, 2025 Scotiabank Jonathan Goldman Sector Perform Maintains $49.00
Jan 24, 2025 RBC Capital Tom Narayan Outperform Upgrade $52.00
Dec 16, 2024 Wells Fargo Colin Langan Equal-Weight Maintains $44.00
Dec 11, 2024 Goldman Sachs Mark Delaney Sell Downgrade $41.00
Nov 4, 2024 Scotiabank Jonathan Goldman Sector Perform Maintains $52.00
Nov 4, 2024 Wells Fargo Colin Langan Equal-Weight Maintains $46.00
Nov 4, 2024 UBS Joseph Spak Neutral Maintains $45.00
Nov 4, 2024 RBC Capital Tom Narayan Sector Perform Maintains $41.00
Oct 1, 2024 Goldman Sachs Mark Delaney Neutral Maintains $41.00
Sep 25, 2024 Morgan Stanley Adam Jonas Equal-Weight Downgrade $43.00
Sep 20, 2024 Wells Fargo Colin Langan Equal-Weight Maintains $44.00
Aug 14, 2024 Morgan Stanley Adam Jonas Overweight Maintains $55.00
Aug 13, 2024 RBC Capital Tom Narayan Sector Perform Maintains $47.00
Aug 6, 2024 Barclays Dan Levy Equal-Weight Maintains $50.00
Aug 6, 2024 Scotiabank Jonathan Goldman Sector Perform Maintains $50.00
Aug 6, 2024 JP Morgan Ryan Brinkman Overweight Maintains $55.00
Aug 5, 2024 Wells Fargo Colin Langan Equal-Weight Maintains $43.00
Jul 25, 2024 CIBC Krista Friesen Neutral Maintains $50.00
Jul 22, 2024 B of A Securities John Murphy Buy Maintains $62.00

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The following stocks are similar to Magna based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Magna International Inc (MGA) Financial Data

Magna International Inc has a market capitalization of $10.71B with a P/E ratio of 10.6x. The company generates $42.66B in trailing twelve-month revenue with a 2.5% profit margin.

Revenue growth is -3.8% quarter-over-quarter, while maintaining an operating margin of +5.4% and return on equity of +9.5%.

Valuation Metrics

Market Cap $10.71B
Enterprise Value $18.34B
P/E Ratio 10.6x
PEG Ratio 6.4x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) -3.8%
Gross Margin +14.1%
Operating Margin +5.4%
Net Margin +2.5%
EPS Growth +22.8%

Financial Health

Cash/Price Ratio +9.8%
Current Ratio 1.1x
Debt/Equity 59.8x
ROE +9.5%
ROA +3.9%

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Magna International Inc (MGA) Company Overview

About Magna International Inc

What They Do

Manufactures automotive parts and systems globally.

Business Model

The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles, generating revenue by designing and producing a wide range of components and systems for OEMs in the automotive industry. Its diverse offerings, from electric drive systems to seating solutions, cater to various customer needs, ensuring a steady flow of income.

Additional Information

Founded in 1957 and headquartered in Aurora, Canada, Magna International Inc. has established itself as a key player in the automotive supply chain, focusing on innovation and technology to meet the evolving demands of vehicle manufacturers. The company's global presence and extensive product portfolio position it favorably in the competitive automotive market.

Company Information

Sector

Consumer Cyclical

Industry

Auto Parts

Employees

162,000

CEO

Mr. Seetarama Kotagiri M.Sc.

Country

Canada

IPO Year

1990

Magna International Inc (MGA) Latest News & Analysis

MGA stock latest news image
Quick Summary

Investors should review Magna (MGA)'s Q4 2024 estimates, including key metrics alongside Wall Street's top and bottom-line projections for deeper insights into the company's performance.

Why It Matters

Projections for Magna's key metrics will provide insights into its performance, guiding investment decisions based on potential revenue and earnings trends for Q4 2024.

Source: Zacks Investment Research
Market Sentiment: Positive
MGA stock latest news image
Quick Summary

Magna continues its long-term partnership with Mercedes-Benz, collaborating on various vehicle systems, including electrification and ADAS technologies, enhancing their innovation legacy.

Why It Matters

Magna's long-standing partnership with Mercedes-Benz highlights its competitive advantage in the automotive sector, potentially boosting investor confidence in its growth and innovation prospects.

Source: GlobeNewsWire
Market Sentiment: Neutral
MGA stock latest news image
Quick Summary

Magna (MGA) is anticipated to report positive earnings, supported by favorable conditions. Investors should prepare for the upcoming earnings announcement.

Why It Matters

Magna's potential for an earnings beat may boost its stock price, indicating strong performance and investor confidence, which can attract more investment and drive market interest.

Source: Zacks Investment Research
Market Sentiment: Positive
MGA stock latest news image
Quick Summary

Magna International's shares fell 11.6% following President Trump's announcement of significant import tariffs, including 25% on Canadian and Mexican imports and 10% on Chinese imports.

Why It Matters

Magna International's stock drop signals investor concern over increased costs and potential supply chain disruptions due to new tariffs, impacting profitability and market stability.

Source: The Motley Fool
Market Sentiment: Negative
MGA stock latest news image
Quick Summary

Magna has won its first contract for a Dedicated Hybrid Drive system from a major Chinese OEM, highlighting its focus on hybrid solutions in global electrification strategies.

Why It Matters

Magna's award for the Dedicated Hybrid Drive system signals strong demand for hybrid solutions, potentially boosting revenue and market position amid the global shift towards electrification.

Source: GlobeNewsWire
Market Sentiment: Neutral
MGA stock latest news image
Quick Summary

MGA's Q3 results were below expectations, and it revised its 2024 revenue guidance to $42.2-$43.2 billion, lower than the previous forecast of $42.5-$44.1 billion.

Why It Matters

Lower Q3 results and reduced 2024 revenue guidance indicate potential challenges for MGA, signaling weaker demand or operational issues that could impact share performance.

Source: Zacks Investment Research
Market Sentiment: Negative

Frequently Asked Questions About MGA Stock

What is Magna International Inc's (MGA) stock forecast for 2025?

Based on our analysis of 25 Wall Street analysts, Magna International Inc (MGA) has a median price target of $50.00. The highest price target is $62.00 and the lowest is $40.00.

Is MGA stock a good investment in 2025?

According to current analyst ratings, MGA has 9 Buy ratings, 11 Hold ratings, and 1 Sell ratings. The stock is currently trading at $37.85. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for MGA stock?

Wall Street analysts predict MGA stock could reach $50.00 in the next 12 months. This represents a 32.1% increase from the current price of $37.85. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Magna International Inc's business model?

The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles, generating revenue by designing and producing a wide range of components and systems for OEMs in the automotive industry. Its diverse offerings, from electric drive systems to seating solutions, cater to various customer needs, ensuring a steady flow of income.

What is the highest forecasted price for MGA Magna International Inc?

The highest price target for MGA is $62.00 from John Murphy at B of A Securities, which represents a 63.8% increase from the current price of $37.85.

What is the lowest forecasted price for MGA Magna International Inc?

The lowest price target for MGA is $40.00 from at , which represents a 5.7% increase from the current price of $37.85.

What is the overall MGA consensus from analysts for Magna International Inc?

The overall analyst consensus for MGA is neutral. Out of 25 Wall Street analysts, 9 rate it as Buy, 11 as Hold, and 1 as Sell, with a median price target of $50.00.

How accurate are MGA stock price projections?

Stock price projections, including those for Magna International Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.