WallStreetZenWallStreetZen

NYSE: MGA
Magna International Inc Stock Forecast, Predictions & Price Target

Analyst price target for MGA

Based on 8 analysts offering 12 month price targets for Magna International Inc.
Min Forecast
$58.00+6.62%
Avg Forecast
$63.50+16.73%
Max Forecast
$77.00+41.54%

Should I buy or sell MGA stock?

Based on 8 analysts offering ratings for Magna International Inc.
Hold
Strong Buy
1 analysts 12.5%
Buy
1 analysts 12.5%
Hold
6 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their MGA stock forecasts and price targets.

MGA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2024-01-25
lockedlocked$00.00+00.00%2024-01-24
lockedlocked$00.00+00.00%2024-01-03
Citigroup
Bottom 1%
1
HoldMaintains$58.00+6.62%2023-10-11
UBS
Bottom 1%
1
HoldMaintains$58.00+6.62%2023-10-10
Wells Fargo
Bottom 2%
2
HoldMaintains$59.00+8.46%2023-10-03
CiBC
Bottom 38%
38
BuyMaintains$75.00+37.87%2023-09-08

1 of 1

Forecast return on equity

Is MGA forecast to generate an efficient return?
Company
N/A
Industry
7.27%
Market
35.26%

Forecast return on assets

Is MGA forecast to generate an efficient return on assets?
Company
N/A
Industry
3.87%

MGA revenue forecast

What is MGA's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$44.9B+4.93%
Avg 2 year Forecast
$46.3B+8.28%
MGA's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGA earnings growth forecast

How is MGA forecast to perform vs Auto Parts companies and vs the US market?
Company
129.95%
Industry
63.52%
Market
73.41%
MGA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
MGA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
MGA's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

MGA revenue growth forecast

How is MGA forecast to perform vs Auto Parts companies and vs the US market?
Company
4.93%
Industry
12.35%
Market
46.14%
MGA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGA's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGA vs Auto Part Stocks

TickerPricePrice TargetUp/downsideConsensus
MGA$54.40$63.50+16.73%Hold
LKQ$50.32$63.50+26.19%Strong Buy
MBLY$24.50$43.00+75.51%Buy
APTV$77.63$109.18+40.64%Buy
ALV$110.51$113.20+2.43%Buy

Magna International Stock Forecast FAQ

Is Magna International Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: MGA) stock is to Hold MGA stock.

Out of 8 analysts, 1 (12.5%) are recommending MGA as a Strong Buy, 1 (12.5%) are recommending MGA as a Buy, 6 (75%) are recommending MGA as a Hold, 0 (0%) are recommending MGA as a Sell, and 0 (0%) are recommending MGA as a Strong Sell.

If you're new to stock investing, here's how to buy Magna International stock.

What is MGA's revenue growth forecast for 2024-2025?

(NYSE: MGA) Magna International's forecast annual revenue growth rate of 4.93% is not forecast to beat the US Auto Parts industry's average forecast revenue growth rate of 12.35%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 46.14%.

Magna International's revenue in 2024 is $42,797,000,000.On average, 3 Wall Street analysts forecast MGA's revenue for 2024 to be $12,857,355,038,518, with the lowest MGA revenue forecast at $12,824,701,491,137, and the highest MGA revenue forecast at $12,888,937,790,044.

In 2025, MGA is forecast to generate $13,267,637,627,888 in revenue, with the lowest revenue forecast at $12,993,479,245,746 and the highest revenue forecast at $13,573,328,084,854.

What is MGA's forecast return on assets (ROA) for 2024-2025?

(NYSE: MGA) forecast ROA is N/A, which is lower than the forecast US Auto Parts industry average of 3.87%.

What is MGA's Price Target?

According to 8 Wall Street analysts that have issued a 1 year MGA price target, the average MGA price target is $63.50, with the highest MGA stock price forecast at $77.00 and the lowest MGA stock price forecast at $58.00.

On average, Wall Street analysts predict that Magna International's share price could reach $63.50 by Feb 12, 2025. The average Magna International stock price prediction forecasts a potential upside of 16.73% from the current MGA share price of $54.40.

What is MGA's forecast return on equity (ROE) for 2024-2025?

(NYSE: MGA) forecast ROE is N/A, which is considered weak.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.