Magna International Inc. (MGA)

Magna International Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Magna International stock have an average target of 51, with a low estimate of 41 and a high estimate of 65. The average target predicts an increase of 24.97% from the current stock price of 40.81.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$41	$51	$50	$65
Change	+0.47%	+24.97%	+22.52%	+59.27%

* Price targets were last updated on Dec 16, 2024.

Analyst Ratings

The average analyst rating for MGA stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	2	2	2	2	2	2
Buy	4	3	3	3	3	3
Hold	10	11	11	11	10	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	1	1
Total	16	16	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Colin Langan Wells Fargo	Wells Fargo	Hold Maintains $46 → $44	Hold	Maintains	$46 → $44	+7.82%	Dec 16, 2024
Mark Delaney Goldman Sachs	Goldman Sachs	Hold → Strong Sell Downgrades $42 → $41	Hold → Strong Sell	Downgrades	$42 → $41	+0.47%	Dec 11, 2024
Joseph Spak UBS	UBS	Hold Maintains $44 → $45	Hold	Maintains	$44 → $45	+10.27%	Nov 4, 2024
Jonathan Goldman Scotiabank	Scotiabank	Hold Maintains $50 → $52	Hold	Maintains	$50 → $52	+27.42%	Nov 4, 2024
Tom Narayan RBC Capital	RBC Capital	Hold Maintains $42 → $41	Hold	Maintains	$42 → $41	+0.47%	Nov 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

43.83B

Increased by 2.41%

from 42.80B

Revenue Next Year

44.05B

Increased by 0.50%

from 43.83B

EPS This Year

5.41

Increased by 27.98%

from 4.23

EPS Next Year

6.21

Increased by 14.70%

from 5.41

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	39.43B	32.65B	36.24B	37.84B	42.80B	43.83B	44.05B	45.15B
Revenue Growth	-3.42%	-17.20%	11.01%	4.41%	13.10%	2.41%	0.50%	2.51%
EPS	5.59	2.52	5.00	2.03	4.23	5.41	6.21	7.06
EPS Growth	-15.43%	-54.92%	98.41%	-59.40%	108.37%	27.98%	14.70%	13.76%
Forward PE	-	-	-	-	-	7.54	6.57	5.78
No. Analysts	-	-	-	-	-	19	19	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	44.9B	46.1B	47.2B
Avg	43.8B	44.0B	45.2B
Low	41.4B	39.8B	41.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	4.8%	5.3%	7.2%
Avg	2.4%	0.5%	2.5%
Low	-3.1%	-9.2%	-6.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	5.66	6.81	7.56
Avg	5.41	6.21	7.06
Low	4.93	5.40	6.13

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	33.8%	25.9%	21.7%
Avg	28.0%	14.7%	13.8%
Low	16.5%	-0.3%	-1.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.