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

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Analyst price target for MGA

Based on 8 analysts offering 12 month price targets for Magna International Inc.
Min Forecast
$62.00+21.9%
Avg Forecast
$76.00+49.43%
Max Forecast
$106.00+108.42%

Should I buy or sell MGA stock?

Based on 8 analysts offering ratings for Magna International Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
2 analysts 25%
Hold
2 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MGA stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Bottom 6%
6
Strong BuyMaintains$62.00+21.90%2022-09-28
Bank of America
Top 21%
80
Strong BuyMaintains$106.00+108.42%2022-09-09
Morgan Stanley
Top 5%
96
Strong BuyMaintains$79.00+55.33%2022-07-14
Wells Fargo
Bottom 4%
4
Strong BuyMaintains$77.00+51.40%2022-07-11
Anonymous
Goldman Sachs
Strong BuyMaintains$72.00+41.57%2022-06-01
Barclays
Bottom 3%
3
HoldMaintains$64.00+25.84%2022-05-03
Credit Suisse
Top 29%
72
BuyMaintains$78.00+53.36%2022-05-02
RBC Capital
Bottom 1%
1
BuyMaintains$79.00+55.33%2022-05-02
Raymond James
HoldUpgrades$68.00+33.70%2022-03-16
BMO Capital
Top 27%
74
HoldDowngrades$63.00+23.87%2022-03-08

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Forecast return on equity

Is MGA forecast to generate an efficient return?
Company
25.9%
Industry
22.19%
Market
110.54%
MGA's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is MGA forecast to generate an efficient return on assets?
Company
10.4%
Industry
8.16%
MGA is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

MGA earnings per share forecast

What is MGA's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$4.68+105.26%
Avg 2 year Forecast
$6.95+204.82%
Avg 3 year Forecast
$9.75+327.63%
MGA's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

MGA revenue forecast

What is MGA's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$38.3B+6.16%
Avg 2 year Forecast
$41.2B+14.48%
Avg 3 year Forecast
$45.3B+25.59%
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
75.89%
Industry
91.46%
Market
19.09%
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
7.32%
Industry
12.45%
Market
8.49%
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$50.86$76.00+49.43%Strong Buy
LKQ$50.23$64.00+27.41%Strong Buy
BWA$34.17$48.22+41.12%Buy
LEA$128.15$163.46+27.55%Buy
ALV$73.61$99.44+35.10%Buy

Magna International Stock Forecast FAQ

Is Magna International Stock a good buy in 2022, according to Wall Street analysts?

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

Out of 8 analysts, 4 (50%) are recommending MGA as a Strong Buy, 2 (25%) are recommending MGA as a Buy, 2 (25%) 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 earnings growth forecast for 2022-2024?

(NYSE: MGA) Magna International's forecast annual earnings growth rate of 75.89% is not forecast to beat the US Auto Parts industry's average forecast earnings growth rate of 91.46%, and while it is forecast to beat the US market's average forecast earnings growth rate of 19.09%.

Magna International's earnings in 2022 is $683,000,000.On average, 4 Wall Street analysts forecast MGA's earnings for 2022 to be $1,362,348,000, with the lowest MGA earnings forecast at $1,280,840,000, and the highest MGA earnings forecast at $1,426,390,000. On average, 5 Wall Street analysts forecast MGA's earnings for 2023 to be $2,023,145,000, with the lowest MGA earnings forecast at $1,868,862,000, and the highest MGA earnings forecast at $2,154,140,000.

In 2024, MGA is forecast to generate $2,838,225,000 in earnings, with the lowest earnings forecast at $2,838,225,000 and the highest earnings forecast at $2,838,225,000.

What is MGA's revenue growth forecast for 2022-2024?

(NYSE: MGA) Magna International's forecast annual revenue growth rate of 7.32% is not forecast to beat the US Auto Parts industry's average forecast revenue growth rate of 12.45%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.49%.

Magna International's revenue in 2022 is $36,033,000,000.On average, 3 Wall Street analysts forecast MGA's revenue for 2022 to be $11,135,767,054,500, with the lowest MGA revenue forecast at $11,076,899,357,000, and the highest MGA revenue forecast at $11,178,361,097,600. On average, 3 Wall Street analysts forecast MGA's revenue for 2023 to be $12,007,682,291,800, with the lowest MGA revenue forecast at $11,773,369,206,500, and the highest MGA revenue forecast at $12,233,768,600,000.

In 2024, MGA is forecast to generate $13,173,331,693,000 in revenue, with the lowest revenue forecast at $13,173,331,693,000 and the highest revenue forecast at $13,173,331,693,000.

What is MGA's forecast return on assets (ROA) for 2022-2024?

(NYSE: MGA) forecast ROA is 10.4%, which is higher than the forecast US Auto Parts industry average of 8.16%.

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 $76.00, with the highest MGA stock price forecast at $106.00 and the lowest MGA stock price forecast at $62.00.

On average, Wall Street analysts predict that Magna International's share price could reach $76.00 by Sep 28, 2023. The average Magna International stock price prediction forecasts a potential upside of 49.43% from the current MGA share price of $50.86.

What is MGA's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: MGA) Magna International's current Earnings Per Share (EPS) is $2.28. On average, analysts forecast that MGA's EPS will be $4.68 for 2022, with the lowest EPS forecast at $4.40, and the highest EPS forecast at $4.90. On average, analysts forecast that MGA's EPS will be $6.95 for 2023, with the lowest EPS forecast at $6.42, and the highest EPS forecast at $7.40. In 2024, MGA's EPS is forecast to hit $9.75 (min: $9.75, max: $9.75).

What is MGA's forecast return on equity (ROE) for 2022-2024?

(NYSE: MGA) forecast ROE is 25.9%, which is considered strong.
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