Magna has beaten EPS estimates in each of its last four reported quarters. Its September-quarter results will show whether that streak continues. Analysts expect earnings to rise, while revenue growth is likely to remain modest.
Magna International (TSX: MG) is scheduled to report results before the market opens on October 30, 2026, for the quarter ended September 30. The earnings calendar lists consensus EPS of C$1.81, based on 16 analysts, and revenue of US$10.62 billion, based on 12 analysts. That points to much faster expected earnings growth than revenue growth.
Recent earnings trend
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Magna International Inc
MG.TO
MG.TO
Magna International Inc
WealthAwesomeMarket cap
$24.08B
P/E
23.9x
Div. yield
2.20%
Div. / share
$1.97
52W high
$100.87
52W low
$60.46
1W change
-2.99%
Beta
1.81
Analyst Price Targets
Based on analyst covering MG · as of Oct 28, 2026
Wall Street analysts forecast MG stock price to rise 3.8% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$93.47
+3.8% Upside
Previously C$93.11 on Oct 27, 2026
Current Price
C$90.03
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
27.3%
Annualized
90-Day Vol
32.6%
Annualized
Trend (90d)
-32.3%
Annualized drift
90d Mean
C$80.23
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$86.64 | C$78.85 – C$95.20 |
| 60 trading days | C$83.37 | C$72.97 – C$95.26 |
| 90 trading days | C$80.23 | C$68.15 – C$94.46 |
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.
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Analyst coverage: 16 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-30 | — | 1.6000 | — |
| 2026-06-30 | 2026-07-31 | 1.8600 | 1.5300 | +21.6% |
| 2026-03-31 | 2026-05-01 | 1.3800 | 1.0100 | +36.6% |
| 2025-12-31 | 2026-02-13 | 2.1800 | 1.8000 | +21.1% |
| 2025-09-30 | 2025-10-31 | 1.3300 | 1.2500 | +6.4% |
| 2025-06-30 | 2025-08-01 | 1.4400 | 1.1500 | +25.2% |
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Magna supplies automakers with body structures, power and vision systems, seating, and complete vehicle assembly. Its results depend on production volumes, the mix of programs, and its ability to improve margins. This report will help show whether earnings growth reflects broader operating progress or mainly a higher per-share figure.
Investor takeaway: Magna’s recent EPS record is encouraging, but it doesn’t guarantee another beat. The company topped estimates in all four comparable quarters provided, with actual EPS ranging from C$1.33 to C$2.18 and surprises from 6.4% to 36.6%. For September, the calendar consensus is C$1.81 per share, up from C$1.33 a year earlier, or an estimated 35.7% increase. Revenue is forecast at US$10.62 billion, up 1.5% year over year. Alongside EPS, investors may want to watch margins and management’s outlook. See the Magna International stock page.
C$1.81 EPS consensus; four straight comparable-quarter beats
Analysts expect EPS of C$1.81 for the quarter ended September 30, compared with C$1.33 a year earlier. Magna beat estimates in each of its last four comparable quarters, but past results don’t predict the next one. Revenue consensus is US$10.62 billion, with estimated year-over-year growth of 1.5%.
Bull case
Magna’s four-quarter run of EPS beats is the clearest positive signal. In the June quarter, it reported C$1.86 per share against an estimate of C$1.53. The September-quarter consensus has risen slightly, from C$1.80 to C$1.81 over the past 30 days, though analyst revisions were split: one estimate increased and one decreased.
Company materials also describe operational-excellence and factory-of-the-future initiatives. Management has cited a goal of expanding EBIT margins by 35 to 40 basis points a year. If the results show these efforts are supporting profitability despite modest sales growth, they could strengthen the case for continued earnings growth.
Bear case
A record of beating estimates doesn’t remove the risks of a cyclical, capital-intensive auto supplier. Revenue growth expectations are modest, and the supplied fundamentals show a 1.78% profit margin. That leaves earnings exposed to costs, production levels, and product mix.
Estimates also vary by source. The earnings calendar’s C$1.81 EPS consensus is based on 16 analysts, while a separate news item cites a different figure. For this preview, the calendar consensus is the reference point. Avoid comparing results with estimates from different sources.
At the last supplied close, MG.TO traded below its 50-day moving average but above its 200-day average.
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