Morgan Stanley Forecasts Strong Price Appreciation for Magna International (NYSE:MGA) Stock

Magna International (NYSE:MGA) (TSE:MG) had its price target lifted by equities researchers at Morgan Stanley from $54.00 to $65.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s price target would indicate a potential downside of 3.05% from the company’s current price.

Several other equities research analysts have also recently weighed in on MGA. Raymond James Financial upped their price target on shares of Magna International from $50.00 to $75.00 and gave the stock a “market perform” rating in a research report on Tuesday. Evercore boosted their price objective on shares of Magna International from $47.00 to $52.00 and gave the stock an “in-line” rating in a research note on Monday, November 24th. TD Securities increased their target price on Magna International from $58.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday. Citigroup lifted their price target on Magna International from $49.00 to $55.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Finally, Royal Bank Of Canada boosted their price target on Magna International from $48.00 to $59.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Magna International presently has an average rating of “Hold” and an average price target of $60.40.

Magna International Trading Up 0.3%

MGA traded up $0.22 during trading on Wednesday, hitting $67.04. 970,035 shares of the stock were exchanged, compared to its average volume of 2,030,571. The firm has a 50 day simple moving average of $54.95 and a 200 day simple moving average of $49.49. The firm has a market cap of $18.70 billion, a price-to-earnings ratio of 22.72 and a beta of 1.50. Magna International has a 1 year low of $30.39 and a 1 year high of $69.94. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.83 and a current ratio of 1.18.

Magna International (NYSE:MGA) (TSE:MG) last issued 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. 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 period in the prior year, the business earned $1.69 EPS. The business’s revenue for the quarter 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, equities analysts expect that Magna International will post 5.87 EPS for the current year.

Hedge Funds Weigh In On Magna International

Several hedge funds have recently made changes to their positions in the company. ARGA Investment Management LP increased its holdings in shares of Magna International by 33.2% in the third quarter. ARGA Investment Management LP now owns 4,148,133 shares of the company’s stock valued at $196,557,000 after purchasing an additional 1,033,747 shares during the period. Hillsdale Investment Management Inc. purchased a new stake in Magna International in the third quarter valued at approximately $33,593,000. Geode Capital Management LLC boosted its position in Magna International by 20.2% in the second quarter. Geode Capital Management LLC now owns 2,015,407 shares of the company’s stock valued at $77,332,000 after buying an additional 338,470 shares during the last quarter. AGF Management Ltd. purchased a new position in Magna International during the 3rd quarter worth approximately $14,191,000. Finally, Achmea Investment Management B.V. purchased a new position in Magna International during the 3rd quarter worth approximately $8,606,000. 67.49% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Magna International

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

• Positive Sentiment: Q4 results and guidance: Magna topped Q4 EPS ($2.18) and revenue estimates, raised the dividend and gave a bullish FY2026 outlook — the core earnings catalyst behind the rally. Article Title
• Positive Sentiment: Massive volume rally: Shares jumped (~20% intraday in one report) on the earnings beat and rating momentum, indicating strong short‑term buying and repositioning by investors. Article Title
• Positive Sentiment: TD Securities raised its price target to $75 and issued a Buy — a material vote of confidence that supports further upside. Article Title
• Positive Sentiment: Raymond James lifted its target to $75 (Market Perform) — a sizable PT increase that signals improved fundamentals even if the rating is cautious. Article Title
• Positive Sentiment: Long‑term momentum thesis: A bullish commentary highlights MGA as a momentum name based on recent earnings, guidance and valuation metrics. Article Title
• Neutral Sentiment: Scotiabank raised its target to $69 with a Sector Perform — modest upside, limited near‑term impact versus the bigger PT moves. Article TitleRead More.
• Neutral Sentiment: Barclays raised its PT to $67 (Equal Weight) — essentially in line with the market, so little directional pressure from this call. Article Title
• Negative Sentiment: Goldman Sachs lifted its PT to $60 but maintained a Sell rating — that keeps a portion of sell‑side pressure and signals some analysts still see downside versus current levels. Article Title
• Negative Sentiment: RBC raised its PT to $59 but kept Sector Perform — the new target implies meaningful downside and represents a cautionary view amid mixed analyst sentiment. Article Title

About Magna International

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.