MG, CA5592224011

Magna International stock (CA5592224011): Analysts point to a hold view

Published on 06/02/2026 at 00:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Magna International traded at USD 64.80 on 05/29/2026 in New York, while MarketBeat cited a 20-analyst consensus hold view and an average target of USD 63.13.

MG, CA5592224011, Illustration mit AI erstellt.
MG, CA5592224011, Illustration mit AI erstellt.

Magna International shares finished at USD 64.80 on 05/29/2026 on the NYSE, according to MarketBeat's stock page, after a USD 64.76 extended-session quote and a small daily decline that kept the Canada-listed auto supplier in focus for North American investors. The stock's latest move comes after the company said on 05/01/2026 that it posted strong first-quarter results and maintained a positive outlook for 2026, giving the name a fresh earnings anchor in its home-country market, Canada.

For Canadian readers following the Toronto-headquartered company, the practical reference point remains Magna International's core listing in North American trading, with its latest U.S. quote and home-market operating backdrop both feeding into sentiment. No completed take-private or delisting evidence was identified in the available dated sources, so the stock remains in its normal listed state.

As of: 06/01/2026

By the editorial team - specialized in equity coverage.

At a glance

  • Name: MGA
  • Sector/industry: Auto components
  • Headquarters/country: Aurora, Canada
  • Core markets: North America, Europe, Asia
  • Key revenue drivers: vehicle systems, assemblies, and electrification-related content
  • Home exchange/listing venue: NYSE (MGA)
  • Trading currency: USD

Magna International: core business model

Magna International designs and supplies vehicle systems, assemblies, and components to global automakers, with revenue tied mainly to production volumes, model mix, and content per vehicle.

Latest quarterly results for Magna International at a glance

On 05/01/2026, Magna said its first-quarter performance was strong and that it maintained a positive outlook for 2026, which is the latest dated company update available in the supplied source set. That earnings backdrop matters because the market is still calibrating how far margins and order flow can hold up in a softer auto environment, even as the shares trade close to the low- to mid-USD 60s.

According to MarketBeat as of 05/29/2026, the consensus across 20 analysts is hold with an average price target of USD 63.13, based on the site's published coverage snapshot. The same page lists a high target of USD 76.00 and a low of USD 45.00, showing that opinions remain spread even after the latest quarterly update.

Read more

Additional news and developments on the stock can be explored via the linked overview pages.

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Sentiment and reactions on Magna International

Investors are weighing the latest earnings update against the current analyst consensus and the stock's recent trading range.

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Conclusion

Magna International's latest earnings update and the market's 20-analyst hold consensus frame the stock's current setup in Canada and on the NYSE. With the shares near USD 64.80 and the average target modestly below that level, the next move will likely depend on whether follow-through from the first quarter can support a steadier valuation profile.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.

Disclaimer regarding our articles: No investment advice, no buy or sell recommendation. Information on prices, companies, and markets is provided without guarantee; changes are possible at any time. Stock market transactions can lead to substantial losses. Our articles are created and reviewed in whole or in part automatically with the support of AI.

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