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Magna (MGA) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

MGA Stock Forecast

Magna (MGA) stock forecast, based on 25 Wall Street analysts, predicts a 12-month average price target of $42.33, with a high of $50.00 and a low of $37.00. This represents a 31.26% increase from the last price of $32.25.

$30 $36 $42 $48 $54 $60 High: $50 Avg: $42.33 Low: $37 Last Closed Price: $32.25

MGA Stock Rating

Magna stock's rating consensus is Buy, based on 25 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 13 Buy (52.00%), 11 Hold (44.00%), 1 Sell (4.00%), and 0 Strong Sell (0.00%).

Buy
Total 25 1 11 13 Strong Sell Sell Hold Buy Strong Buy

MGA Price Target Upside V Benchmarks

TypeNameUpside
StockMagna31.26%
SectorConsumer Cyclical Stocks 29.57%
IndustryAuto Parts Stocks 44.29%
IdeaSelf Driving Car Stocks List38.66%

Price Target Trends

1M3M12M
# Anlaysts1310
Avg Price Target$37.00$42.33$50.60
Last Closing Price$32.25$32.25$32.25
Upside/Downside14.73%31.26%56.90%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 255213-121
Mar, 255312-121
Feb, 255411-121
Jan, 255412-122
Dec, 2444131123
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 15, 2025Dan LevyBarclays$37.00$32.3214.48%14.73%
Mar 03, 2025Morgan Stanley$40.00$35.3313.22%24.03%
Feb 18, 2025Michael GlenRaymond James$50.00$37.8532.10%55.04%
Aug 06, 2024Krista FriesenCIBC$47.00$39.1120.17%45.74%
Aug 04, 2024Colin LanganWells Fargo$43.00$40.436.36%33.33%
Jul 16, 2024Dan LevyBarclays$55.00$44.4523.73%70.54%
Jul 05, 2024Jonathan GoldmanScotiabank$52.00$42.3122.90%61.24%
May 10, 2024Adam JonasMorgan Stanley$60.00$46.4029.31%86.05%
May 06, 2024Brian MorrisonTD Securities$62.00$46.4033.62%92.25%
May 06, 2024Tamy ChenBMO Capital$60.00$46.6328.67%86.05%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 15, 2025BarclaysEqual-WeightNegativedowngrade
Mar 05, 2025CIBCNeutralNeutralhold
Feb 18, 2025Raymond JamesMarket PerformMarket Performhold
Jan 24, 2025RBC CapitalSector PerformOutperformupgrade
Dec 10, 2024Goldman SachsBuySelldowngrade
Sep 25, 2024Morgan StanleyOverweightEqual-Weightdowngrade
Sep 04, 2024Wolfe ResearchPeer PerformUnderperformdowngrade
Aug 06, 2024CIBCNeutralNeutralhold
Aug 04, 2024Wells FargoEqual-WeightEqual-Weighthold
Jul 16, 2024BarclaysEqual-WeightEqual-Weighthold

Financial Forecast

EPS Forecast

$2 $3 $4 $5 $6 $7 $8 $9 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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

$30B $34B $38B $42B $46B $50B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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

$0 $500M $1B $2B $2B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 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%-----

MGA Forecast FAQ

Is Magna stock a buy?

Magna stock has a consensus rating of Buy, based on 25 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 13 Buy, 11 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Magna is a favorable investment for most analysts.

What is Magna's price target?

Magna's price target, set by 25 Wall Street analysts, averages $42.33 over the next 12 months. The price target range spans from $37 at the low end to $50 at the high end, suggesting a potential 31.26% change from the previous closing price of $32.25.

How does Magna stock forecast compare to its benchmarks?

Magna's stock forecast shows a 31.26% upside, outperforming the average forecast for the consumer cyclical stocks sector (29.57%) and underperforming the auto parts stocks industry (44.29%), trailing the Self Driving Car Stocks List (38.66%) investment idea.

What is the breakdown of analyst ratings for Magna over the past three months?

  • April 2025: 23.81% Strong Buy, 9.52% Buy, 61.90% Hold, 0% Sell, 4.76% Strong Sell.
  • March 2025: 23.81% Strong Buy, 14.29% Buy, 57.14% Hold, 0% Sell, 4.76% Strong Sell.
  • February 2025: 23.81% Strong Buy, 19.05% Buy, 52.38% Hold, 0% Sell, 4.76% Strong Sell.

What is Magna’s EPS forecast?

Magna's average annual EPS forecast for its fiscal year ending in December 2024 is $5.22, marking a 21.11% increase from the reported $4.31 in 2023. Estimates for the following years are $5.83 in 2025, $6.63 in 2026, $7.07 in 2027, and $8.05 in 2028.

What is Magna’s revenue forecast?

Magna's average annual revenue forecast for its fiscal year ending in December 2024 is $42.1B, reflecting a -3.40% decrease from the reported $43.58B in 2023. The forecast for 2025 is $42.21B, followed by $42.94B for 2026, $43.12B for 2027, and $45.27B for 2028.

What is Magna’s net income forecast?

Magna's net income forecast for the fiscal year ending in December 2024 stands at $1.5B, representing an 21.08% increase from the reported $1.24B in 2023. Projections indicate $1.67B in 2025, $1.9B in 2026, $2.03B in 2027, and $2.31B in 2028.