
Magna International (MGA) Stock Forecast & Price Target
Magna International (MGA) Analyst Ratings
Bulls say
Magna International is projected to experience significant growth, with EBIT margins expected to expand to approximately 8% in 2024, up from 5.7% in 2021, driven by improving operational efficiencies and new business wins in higher-margin areas. In 2025, a notable upswing in margins is anticipated, supported by commercial and tariff recoveries, further highlighting the effectiveness of the company's operational excellence initiatives. The firm maintains a strong balance sheet, enabling it to invest in both organic and inorganic growth opportunities, which bodes well for its long-term financial performance.
Bears say
Magna International's revenue in 2024 reached USD 42.8 billion, with a significant dependence on a concentrated customer base, as its top six customers accounted for 72.9% of total revenue. The company operates in a highly cyclical automotive industry, facing risks such as increased competition, potential commodity price increases, and pricing pressure from original equipment manufacturers (OEMs), which could pressure profitability. Furthermore, the anticipated EBITDA margins for next year are projected to fall below initial 2026 guidance, indicating challenges in achieving desired financial performance amidst a weaker macroeconomic outlook.
This aggregate rating is based on analysts' research of Magna International and is not a guaranteed prediction by Public.com or investment advice.
Magna International (MGA) Analyst Forecast & Price Prediction
Start investing in Magna International (MGA)
Order type
Buy in
Order amount
Est. shares
0 shares