Morgan Stanley lowers target to USD 68.00 for Magna International stock
Published on 10/15/2026 at 22:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Morgan Stanley lowered its Magna International target to USD 68.00 on October 15, 2026.
- Magna International scheduled its third-quarter results webcast for October 30, 2026.
- Magna International stock stood at EUR 59.15 at Lang & Schwarz on October 15, 2026 at 10:24 p.m. CEST.
- Magna International had a market capitalization of USD 17.8 billion as of October 15, 2026.
Morgan Stanley lowered its Magna International price target from USD 69.00 to USD 68.00 in a report dated October 15, 2026, while keeping an Equal Weight rating, according to MarketBeat. The new target was 2.39 percent above the USD 66.41 NYSE price at 4:00 p.m. ET. Magna International stock stood at EUR 59.15 at Lang & Schwarz on October 15, 2026 at 10:24 p.m. CEST.
Results date sets the next marker
Magna International scheduled its third-quarter 2026 results webcast for October 30, 2026, at 8:00 a.m. ET. The date was announced in an October 8, 2026 release distributed by GlobeNewswire.
Range leaves room around the price
The NYSE price of USD 66.41 on October 15, 2026 stood between the 52-week low of USD 44.33 and the 52-week high of USD 73.22. The latest quoted volume was 1,420,035 shares, against an average volume of 1,181,853 shares. The comparison gives the current valuation a measurable market frame without turning the range into a forecast.
Valuation and reporting date
Magna International had a market capitalization of USD 17.8 billion, a P/E ratio of 24.56 and a dividend yield of 0.03 percent as of October 15, 2026. The USD 68.00 Morgan Stanley target provides the clearest near-term analyst marker, while the October 30 results date supplies the next company-specific event.
Comparison with peers
MGA: P/E 24.56, market capitalization USD 17.8 billion
Aptiv (NYSE, USD): plus 3.10 percent, P/E 43.04, market capitalization USD 9.4 billion
BorgWarner (NYSE, USD): plus 0.29 percent, P/E 28.90, market capitalization USD 11.9 billion
Market position for investors
Magna International combines vehicle systems, powertrain components, electronics, seating and complete-vehicle manufacturing. The immediate investment calendar is therefore defined by the October 30 report and the USD 68.00 analyst target, while the EUR 59.15 German-market indication offers the price perspective for investors in Germany.
Magna International was trading at EUR 59.15 at Lang & Schwarz on October 15, 2026 at 10:24 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Magna International stock.
Magna International stock at a glance
- Company: Magna International Inc.
- ISIN: CA5592224011
- Ticker: MGA
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 10:24 p.m. CEST): EUR 59.15
- Market capitalization: USD 17.8 billion (as of October 15, 2026)
- 52-week range: USD 44.33-73.22 (as of October 15, 2026)
- Sector / Industry: Consumer Cyclical / Auto Parts
- Next earnings date: October 30, 2026
Market context: Market report S&P/TSX Composite.
