Magna International Inc's stock has seen a slight decline this week, amidst a backdrop of industry discussions and upcoming earnings announcements.
Magna International Inc (MG.TO) has experienced a modest drop of 1.49% over the past week, closing at C$92.81. As the company prepares for its third-quarter earnings release, investor sentiment is influenced by broader industry trends and recent market discussions.
Advertisement
Magna International Inc
MG.TO
MG.TO
Magna International Inc
WealthAwesomeMarket cap
$24.41B
P/E
24.3x
Div. yield
2.17%
Div. / share
$1.97
52W high
$100.87
52W low
$60.33
1W change
-1.49%
Beta
1.81
Analyst Price Targets
Based on analyst covering MG · as of Oct 13, 2026
Wall Street analysts forecast MG stock price to rise 3.9% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$94.82
+3.9% Upside
Previously C$94.71 on Oct 12, 2026
Current Price
C$91.24
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
30.1%
Annualized
90-Day Vol
32.8%
Annualized
Trend (90d)
-6.1%
Annualized drift
90d Mean
C$90.82
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$92.14 | C$83.04 – C$102.24 |
| 60 trading days | C$91.48 | C$78.97 – C$105.97 |
| 90 trading days | C$90.82 | C$75.85 – C$108.75 |
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.
Advertisement
Investor takeaway: With a solid year-to-date performance of 24.41%, Magna's recent price action suggests investors are weighing upcoming earnings against current market conditions.
Magna's Stock Performance Overview
The stock has traded within a 52-week range of C$60.33 to C$100.87, demonstrating significant volatility and potential for future growth.
Bull case
Magna's strong year-to-date performance shows solid fundamentals. If the upcoming earnings exceed expectations, it could boost investor confidence.
Bear case
The recent decline in stock price and lower trading volume compared to the 20-day average may indicate waning investor interest ahead of the earnings announcement.
Recent Price Action
Magna International Inc (MG.TO) closed at C$92.81, reflecting no change in price today. Over the past week, the stock has seen a decrease of 1.49%, while it has experienced a minor decline of 0.44% over the last month. Year-to-date, the stock has shown a robust performance with an increase of 24.41%. The latest trading volume was 614,506 shares, which is below the 20-day average volume of 804,927 shares, indicating current trading activity is 0.63 times the average.
Advertisement
Upcoming Earnings Catalyst
Investors are awaiting the third-quarter earnings results from Magna, scheduled for a webcast on October 8, 2026. This event is likely to provide insights into the company's financial health and performance in the current market landscape. Analysts are watching closely, with an average target price of C$94.82, suggesting a potential upside of 2.2% from the current price.
Technical Picture
From a technical perspective, Magna's stock is currently trading just below its 50-day moving average of C$93.22, indicating a slight bearish trend. The stock is above its 200-day moving average of C$86.00, which is a positive sign in the longer-term context. With a beta of 1.81, the stock is more volatile than the market, presenting both risks and opportunities for investors.
Insider Activity
No recent insider activity has been reported for Magna International Inc, which often provides additional context for investor sentiment.
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.
Advertisement
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.
