Magna International Inc's stock faces mixed sentiment amid recent news and technical indicators.
This week, Magna International Inc (MG.TO) experienced a modest uptick of 1.10% on Monday, closing at C$88.49. However, the stock has seen a decline of 1.41% over the past week and a more significant drop of 9.82% in the last month. Investors are closely monitoring the company’s developments and market performance as it navigates various challenges in the automotive sector.
Investor takeaway: Despite a recent uptick, Magna's stock performance suggests concerns about its near-term trajectory. Investors should stay informed about the company’s strategic decisions and market conditions as they assess potential risks and opportunities.
Magna International Inc
MG.TO
MG.TO
Magna International Inc
WealthAwesomeMarket cap
$22.58B
P/E
20.5x
Div. yield
2.25%
Div. / share
$1.98
52W high
$100.87
52W low
$62.50
1W change
-1.72%
Beta
1.82
Analyst Price Targets
Based on analyst covering MG · as of Nov 9, 2026
Wall Street analysts forecast MG stock price to rise 8.1% over the next 12 months.
Consensus
Moderately BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$94.46
+8.1% Upside
Previously C$93.90 on Nov 6, 2026
Current Price
C$87.38
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MG's historical volatility
30-Day Vol
32.4%
Annualized
90-Day Vol
34.5%
Annualized
Trend (90d)
-41.8%
Annualized drift
90d Mean
C$75.28
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$83.14 | C$74.36 – C$92.96 |
| 60 trading days | C$79.11 | C$67.56 – C$92.64 |
| 90 trading days | C$75.28 | C$62.04 – C$91.34 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Magna's stock is currently trading at C$88.49, down 9.82% over the past month.
With a market cap of approximately C$23.88 billion and a P/E ratio of 23.68, Magna's valuation reflects investor expectations amid a challenging automotive landscape.
Bull case
Magna's recent announcements, including a positive outlook for 2026 and the successful acquisition of a monitoring system program with a European OEM, suggest potential growth opportunities that could boost investor confidence.
Bear case
Concerns about revenue stability and future growth prospects arise from the company's recent sale of its Lighting and Rooftop Systems businesses and the decline in global light vehicle production.
Recent Price Action
Magna International Inc (MG.TO) closed at C$88.49 on Monday, reflecting a modest gain of 1.10%. However, the stock has faced challenges, with a weekly decline of 1.41% and a notable 9.82% drop over the past month. Year-to-date, the stock has performed relatively well, up 18.98%. This mixed performance highlights the volatility faced by the company amid shifting market dynamics.
Company News Highlights
Although there was no significant news impacting the stock this week, several recent announcements have caught the attention of investors. Notably, Magna announced a webcast for its Q1 2026 financial results, scheduled for May 1, 2026. The company also reported a 3% increase in sales for Q1 2026, maintaining a positive outlook despite a general decline in global light vehicle production. Furthermore, Magna's decision to divest its Lighting and Rooftop Systems businesses, which collectively generated approximately $1.1 billion in sales, marks a strategic shift that could influence future revenue streams.
Technical Picture
From a technical standpoint, Magna's stock is currently trading below its 50-day moving average of C$93.98, indicating a potential bearish trend as it is down 5.8% compared to this average. However, it is above its 200-day moving average of C$84.31, suggesting some long-term strength with a 5.0% increase relative to this benchmark. The stock's 52-week range is C$58.73 to C$100.87, placing it at 71% of its range, which indicates that it has room for movement in either direction. The stock has a beta of 1.83, reflecting higher volatility compared to the broader market.
Insider Activity
No recent insider activity has been reported for Magna International Inc, which may indicate a stable outlook from company leadership regarding its current stock performance and strategic direction.
Conclusion
As of the last close, Magna International Inc (MG.TO) stands at C$88.49, reflecting a 1.10% increase for the day. With ongoing developments in the automotive sector and strategic decisions being made by the company, investors are advised to stay updated on Magna's performance and market conditions.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
