Magna (MGA) Stock Forecast, Price Target & Predictions
MGA Stock Forecast
Magna (MGA) stock forecast, based on 19 Wall Street analysts, predicts a 12-month average price target of $50.00, with a high of $50.00 and a low of $50.00. This represents a 32.10% increase from the last price of $37.85.
MGA Stock Rating
Magna stock's rating consensus is Buy, based on 19 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (57.89%), 7 Hold (36.84%), 1 Sell (5.26%), and 0 Strong Sell (0.00%).
Buy
MGA Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Magna | 32.10% |
Sector | Consumer Cyclical Stocks | 4.85% |
Industry | Auto Parts Stocks | 31.18% |
Idea | Self Driving Car Stocks List | 7.03% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 1 | 1 | 9 |
Avg Price Target | $50.00 | $50.00 | $54.56 |
Last Closing Price | $37.85 | $37.85 | $37.85 |
Upside/Downside | 32.10% | 32.10% | 44.15% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Feb, 25 | 5 | 4 | 11 | - | 1 | 21 |
Jan, 25 | 5 | 4 | 12 | - | 1 | 22 |
Dec, 24 | 4 | 4 | 13 | 1 | 1 | 23 |
Nov, 24 | 4 | 9 | 13 | 2 | - | 28 |
Oct, 24 | 4 | 9 | 14 | 2 | 1 | 30 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Feb 18, 2025 | Michael Glen | Raymond James | $50.00 | $37.85 | 32.10% | 32.10% |
Aug 06, 2024 | Krista Friesen | CIBC | $47.00 | $39.11 | 20.17% | 24.17% |
Aug 04, 2024 | Colin Langan | Wells Fargo | $43.00 | $40.43 | 6.36% | 13.61% |
Jul 16, 2024 | Dan Levy | Barclays | $55.00 | $44.45 | 23.73% | 45.31% |
Jul 05, 2024 | Jonathan Goldman | Scotiabank | $52.00 | $42.31 | 22.90% | 37.38% |
May 10, 2024 | Adam Jonas | Morgan Stanley | $60.00 | $46.40 | 29.31% | 58.52% |
May 06, 2024 | Brian Morrison | TD Securities | $62.00 | $46.40 | 33.62% | 63.80% |
May 06, 2024 | Tamy Chen | BMO Capital | $60.00 | $46.63 | 28.67% | 58.52% |
Apr 15, 2024 | Chris McNally | Evercore ISI | $62.00 | $49.84 | 24.40% | 63.80% |
Feb 14, 2023 | Tom Narayan | RBC Capital | $55.86 | $55.92 | -0.11% | 47.58% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Feb 18, 2025 | Raymond James | Market Perform | Market Perform | hold |
Jan 24, 2025 | RBC Capital | Sector Perform | Outperform | upgrade |
Dec 10, 2024 | Goldman Sachs | Buy | Sell | downgrade |
Sep 25, 2024 | Morgan Stanley | Overweight | Equal-Weight | downgrade |
Sep 04, 2024 | Wolfe Research | Peer Perform | Underperform | downgrade |
Aug 06, 2024 | CIBC | Neutral | Neutral | hold |
Aug 04, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | hold |
Jul 16, 2024 | Barclays | Equal-Weight | Equal-Weight | hold |
Jul 05, 2024 | Scotiabank | Sector Perform | Sector Perform | hold |
Jul 01, 2024 | Exane BNP Paribas | Outperform | upgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $2.52 | $5.04 | $2.04 | $4.31 | - | - | - | - | - |
Avg Forecast | $3.13 | $4.70 | $4.14 | $5.67 | $5.22 | $5.83 | $6.63 | $7.07 | $8.05 |
High Forecast | $3.22 | $4.84 | $4.27 | $5.82 | $5.40 | $6.19 | $6.91 | $7.36 | $8.39 |
Low Forecast | $3.01 | $4.52 | $4.02 | $5.54 | $5.06 | $5.53 | $6.39 | $6.81 | $7.76 |
Surprise % | -19.49% | 7.23% | -50.72% | -23.99% | - | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $32.65B | $36.24B | $37.84B | $43.58B | - | - | - | - | - |
Avg Forecast | $32.49B | $35.88B | $37.33B | $43.59B | $42.10B | $42.21B | $42.94B | $43.12B | $45.27B |
High Forecast | $33.24B | $36.72B | $38.20B | $43.75B | $42.20B | $42.39B | $44.31B | $44.50B | $46.71B |
Low Forecast | $31.57B | $34.87B | $36.50B | $43.53B | $42.00B | $41.98B | $41.74B | $41.92B | $44.01B |
Surprise % | 0.50% | 1.00% | 1.37% | -0.02% | - | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $757.00M | $1.51B | $592.00M | $1.24B | - | - | - | - | - |
Avg Forecast | $320.84M | $1.35B | $1.30B | $1.43B | $1.50B | $1.67B | $1.90B | $2.03B | $2.31B |
High Forecast | $631.11M | $1.39B | $1.56B | $1.72B | $1.55B | $1.77B | $1.98B | $2.11B | $2.40B |
Low Forecast | $10.58M | $1.30B | $1.04B | $1.14B | $1.45B | $1.59B | $1.83B | $1.95B | $2.23B |
Surprise % | 135.94% | 12.49% | -54.45% | -13.59% | - | - | - | - | - |