MGA Stock - Magna International Inc.
Unlock GoAI Insights for MGA
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $42.84B | $42.80B | $37.84B | $36.24B | $32.65B |
| Gross Profit | $5.80B | $5.61B | $4.65B | $5.14B | $4.44B |
| Gross Margin | 13.5% | 13.1% | 12.3% | 14.2% | 13.6% |
| Operating Income | $2.12B | $2.04B | $1.57B | $1.95B | $1.01B |
| Net Income | $1.01B | $1.21B | $592.00M | $1.51B | $757.00M |
| Net Margin | 2.4% | 2.8% | 1.6% | 4.2% | 2.3% |
| EPS | $3.52 | $4.24 | $2.04 | $5.04 | $2.52 |
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors. The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| April 11th 2025 | RBC Capital Mkts | Downgrade | Sector Perform | - |
| March 4th 2025 | BofA Securities | Downgrade | Neutral | $48← $52 |
| January 24th 2025 | RBC Capital Mkts | Upgrade | Outperform | $52← $41 |
| December 11th 2024 | Goldman | Downgrade | Sell | $41← $42 |
| December 5th 2024 | Wolfe Research | Upgrade | Peer Perform | - |
| September 25th 2024 | Morgan Stanley | Downgrade | Equal Weight | $43← $55 |
| September 5th 2024 | Wolfe Research | Downgrade | Underperform | - |
| July 1st 2024 | Exane BNP Paribas | Upgrade | Outperform | - |
| January 3rd 2024 | Goldman | Downgrade | Neutral | $58← $73 |
| September 13th 2023 | UBS | Initiation | Neutral | $63 |
| August 24th 2023 | Scotiabank | Resumed | Sector Perform | $61 |
| July 6th 2023 | BofA Securities | Upgrade | Buy | $85← $65 |
| May 8th 2023 | Exane BNP Paribas | Upgrade | Neutral | - |
| April 19th 2023 | RBC Capital Mkts | Downgrade | Sector Perform | $52← $58 |
| February 15th 2023 | Barclays | Initiation | Equal Weight | $60 |
Earnings History & Surprises
MGAEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 30, 2026 | — | — | — | — |
Q1 2026 | Feb 13, 2026 | $1.78 | — | — | — |
Q4 2025 | Oct 31, 2025 | $1.24 | $1.33 | +7.3% | ✓ BEAT |
Q3 2025 | Aug 1, 2025 | $1.19 | $1.44 | +21.0% | ✓ BEAT |
Q2 2025 | May 2, 2025 | $0.90 | $0.78 | -13.3% | ✗ MISS |
Q1 2025 | Feb 14, 2025 | $1.46 | $1.69 | +15.8% | ✓ BEAT |
Q4 2024 | Nov 1, 2024 | $1.41 | $1.28 | -9.2% | ✗ MISS |
Q3 2024 | Aug 2, 2024 | $1.44 | $1.35 | -6.2% | ✗ MISS |
Q2 2024 | May 3, 2024 | $1.28 | $1.08 | -15.6% | ✗ MISS |
Q1 2024 | Feb 9, 2024 | $1.46 | $1.33 | -8.9% | ✗ MISS |
Q4 2023 | Nov 3, 2023 | $1.33 | $1.46 | +9.8% | ✓ BEAT |
Q3 2023 | Aug 4, 2023 | $1.23 | $1.50 | +22.0% | ✓ BEAT |
Q2 2023 | May 5, 2023 | $0.95 | $1.11 | +16.8% | ✓ BEAT |
Q1 2023 | Feb 10, 2023 | $1.24 | $0.91 | -26.6% | ✗ MISS |
Q4 2022 | Nov 4, 2022 | $1.13 | $1.07 | -5.3% | ✗ MISS |
Q3 2022 | Jul 29, 2022 | $0.93 | $0.83 | -10.8% | ✗ MISS |
Q2 2022 | Apr 29, 2022 | $1.10 | $1.28 | +16.4% | ✓ BEAT |
Q1 2022 | Feb 11, 2022 | $0.86 | $1.30 | +51.2% | ✓ BEAT |
Q4 2021 | Nov 5, 2021 | $0.75 | $0.56 | -25.3% | ✗ MISS |
Q3 2021 | Aug 6, 2021 | $1.39 | $1.40 | +0.7% | ✓ BEAT |
Latest News
Wells Fargo Maintains Equal-Weight on Magna International, Lowers Price Target to $50
📉 NegativeMorgan Stanley Maintains Equal-Weight on Magna International, Raises Price Target to $54
➖ NeutralEvercore ISI Group Maintains In-Line on Magna International, Raises Price Target to $52
➖ NeutralReported Earlier, GAC And Magna Launch Vehicle Assembly Program To Expand Localized EV Production In Europe
📈 PositiveReported Earlier, Magna Deepens China Footprint With New Wuhu Facility To Produce Electric Drives For Chery And Meet Rising EV Demand
📈 PositiveCitigroup Maintains Neutral on Magna International, Raises Price Target to $55
➖ NeutralMagna International Gets Toronto Stock Exchange's Acceptance To Renew Normal Course Issuance Bid To Buyback Shares
📈 PositiveBMO Capital Maintains Outperform on Magna International, Raises Price Target to $52
📈 PositiveScotiabank Maintains Sector Perform on Magna International, Raises Price Target to $52
➖ NeutralRBC Capital Maintains Sector Perform on Magna International, Raises Price Target to C$48
➖ NeutralRBC Capital Maintains Sector Perform on Magna International, Raises Price Target to $48
➖ NeutralWells Fargo Maintains Equal-Weight on Magna International, Raises Price Target to $51
➖ NeutralMagna International Raises FY2025 Sales Guidance from $40.400B-$42.000B to $41.100B-$42.100B vs $41.225B Est
📈 PositiveMagna International Q3 Adj. EPS $1.33 Beats $1.22 Estimate, Sales $10.462B Beat $10.138B Estimate
📈 PositiveScotiabank Maintains Sector Perform on Magna International, Raises Price Target to $47
📈 PositiveEvercore ISI Group Maintains In-Line on Magna International, Raises Price Target to $47
➖ NeutralBarclays Maintains Equal-Weight on Magna International, Raises Price Target to $52
➖ NeutralUBS Maintains Neutral on Magna International, Raises Price Target to $49
📈 PositiveWells Fargo Maintains Equal-Weight on Magna International, Lowers Price Target to $45
➖ NeutralWells Fargo Maintains Equal-Weight on Magna International, Raises Price Target to $46
📈 PositiveFrequently Asked Questions about MGA
What is MGA's current stock price?
What is the analyst price target for MGA?
What sector is Magna International Inc. in?
What is MGA's market cap?
Does MGA pay dividends?
Similar Stocks
Consumer Cyclical SectorExplore stocks similar to MGA for comparison