Magna International stock heads into October 30 results
Published on 10/06/2026 at 11:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Magna International (ISIN CA5592224011) closed at USD 64.92 on the NYSE on October 5, 2026, up 0.54 percent from the prior close. The next scheduled checkpoint is the Q3 2026 report on October 30, 2026, according to MarketBeat.
Q2 EPS beat estimates
MarketBeat reported that Magna generated quarterly EPS of USD 1.86 in Q2 2026, compared with a consensus estimate of USD 1.53. The USD 0.33 beat came alongside revenue of USD 10.84 billion, which was 3.3 percent above the prior-year quarter.
The earnings comparison matters because the same source reported Q2 2025 EPS of USD 1.44. Magna also set fiscal 2026 EPS guidance at USD 6.70-7.30, leaving the full-year framework above the USD 1.86 quarterly result but dependent on performance through the remaining reporting periods.
Analyst target stays above close
MarketBeat reported a Hold consensus from 19 analysts on October 2, 2026, with 11 holds, six buys, one strong buy and one sell. The average 12-month price target was USD 69.07, which puts the target USD 4.15 above the October 5 close, or 6.4 percent above it.
Recent target changes show a divided view of the auto supplier. MarketBeat said BMO Capital Markets cut its target from USD 76.00 to USD 70.00 on September 18, 2026, while JPMorgan lowered its target from USD 77.00 to USD 72.00 on September 15, 2026.
October 30 sets the next test
Magna's Q3 report will carry a consensus EPS estimate of USD 1.56 and an expected revenue figure of USD 9.98 billion, according to MarketBeat. Those estimates set a measurable test for whether the Q2 earnings improvement can continue into the second half of fiscal 2026.
For investors, the central tension is visible in the numbers: Q2 revenue grew 3.3 percent year over year, while analyst targets range from a cautious Hold consensus to individual targets above USD 70. The upcoming report will provide the next company-specific comparison.
Magna International stock holds above USD 64
Magna International stock closed at USD 64.92 on the NYSE on October 5, 2026. Its 52-week range was USD 43.11 to USD 73.22, and its market capitalization was USD 17.2 billion on that date.
Magna International stock facts
- Company: Magna International Inc.
- ISIN: CA5592224011
- Ticker: MGA
- Trading venue: NYSE
- Price (as of October 5, 2026, 4:00 p.m. EDT): USD 64.92 Closing price (October 5, 2026)
- Market capitalization: USD 17.2 billion (as of October 5, 2026)
- 52-week range: USD 43.11-73.22 (as of October 5, 2026)
- Sector / Industry: Consumer Cyclical / Auto Parts
Upcoming dates for Magna International stock
- October 30, 2026: Q3 2026 earnings report before market open
