TSE:MG
Magna Int'l. (A) (MG.TO)
Financials 
Technical Analysis 
Jun 4, 2026, 12:00 amThis summary was created by AI, based on 5 opinions in the last 12 months.
Magna International (MG-T) has experienced a complex trajectory since significantly investing in electric vehicles (EVs) in 2021, facing challenges such as lower-than-expected demand and the impact of tariffs. However, the company has managed to address these issues, particularly with Chinese original equipment manufacturers (OEMs), leading to a recovery in market share for products like smart door handles and driverless systems. Recent reporting indicates that Magna has performed exceptionally well in its latest quarter, exceeding consensus expectations despite ongoing headwinds from CUSMA and the cyclical nature of the auto industry. While some experts express caution regarding the potential for further weakness and the cyclical economic environment, there is a prevailing sentiment that long-term investors could benefit if they can withstand short-term fluctuations. Overall, with signs of a recovering auto sector and improving conditions, Magna International presents a compelling case for investment, albeit with some reservations about future challenges.
Greg Newman
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company is cheap based on metrics. Solid balance sheet, and it is well run. Could buy here. The chip shortage won’t last forever. They are well positioned for the move towards EVs. Looks fine to enter for longer term investors. Unlock Premium - Try 5i Free
Stockchase Insights
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company reported an EPS of $4.20 In 2020 and is expected to rise to $4.70 in 2021. Analysts expect $6.62 for 2022. The stock is quite attractive today based on a PEG of 0.4. Unlock Premium - Try 5i Free
Stockchase Insights
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company has numerous EV partnerships with various makers and is a supplier to car makers. It also has more revenues from outside of North America than in North America. 5i is comfortable with buying today at these levels. Unlock Premium - Try 5i Free
Stockchase Insights
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Premium contentGoing down the food chain, among the auto parts companies, Magna remains best in class. However, pesky supply issues will reduce their financial outlook. On Oct. 20, the company lowered total 2021 sales from US$38 to $39.5 billion (as projected last August) to US$35.4 to $36.4 billion, with EBIT to be 5.1% to 5.4% from August's 7% to 7.4%. We'll get a better picture when Magna reports on Nov. 5. It's a solid company, but will be stuck in neutral until the supple bottleneck is flushed. If you already own shares, hang on, while others may want to wait or take a partial position and see what happens.
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