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Highlights

  • Raymond James target of $75 implies 11.39% upside from last close.
  • Quarterly EPS and revenue both exceeded consensus estimates.
  • Consensus rating stands at Hold with $59.67 average target.

A fresh round of valuation changes has followed a quarterly earnings surprise for Magna International (NYSE:MGA), with Raymond James lifting its price target from $50 to $75 while maintaining a market perform rating. The revised projection suggests an 11.39% potential upside from the February 17, 2026, close of $66.82. The stock declined 2.78% in the latest session, trading between $65.12 and $67.99 and remaining below its 52-week high of $69.94.

Analyst Coverage Tilts Toward Neutral

The Raymond James action came alongside multiple target revisions across brokerages. Royal Bank of Canada raised its price objective to $59, Barclays increased its target to $67, while Evercore and Morgan Stanley lifted their estimates to $52 and $54, respectively. Citigroup also adjusted its target higher to $55.

Despite these upward revisions, the broader recommendation profile remains largely neutral. Three analysts have issued Buy ratings, fourteen have assigned Hold calls and one has placed a Sell rating. MarketBeat data indicates a consensus rating of “Hold” with an average target price of $59.67.

Earnings Outperformance Drives Focus

Magna reported quarterly earnings per share of $2.18, surpassing the $1.81 consensus estimate by $0.37. Revenue reached $10.74 billion, ahead of the expected $10.54 billion and representing a 2.1% year-on-year increase. In the comparable period last year, the company posted EPS of $1.69.

Profitability metrics show a return on equity of 12.77% and a net margin of 1.99%. The company has issued FY2026 guidance in the range of $6.25 to $7.25 per share, while analysts expect $5.87 for the current fiscal year.

Price Performance, Valuation and Dividend Profile

Magna closed at $66.82 on February 17, 2026 with a price-to-earnings ratio of 22.77 and a market capitalisation of $1.87 trillion. The stock has traded within a 52-week range of $30.39 to $69.94, indicating a recovery toward the upper end of its annual band. A quarterly dividend of $0.49 translates into a yield of 2.96%.

Global Automotive Supplier with Broad Manufacturing Footprint

Magna operates as a global automotive supplier focused on the design, engineering and production of vehicle systems, modules and components. Its portfolio spans body structures, powertrain technologies, seating and interiors, roof and mirror systems, and advanced driver-assistance systems. The company runs more than 350 manufacturing and assembly facilities and over 100 innovation centres across 27 countries, supplying major original equipment manufacturers in multiple regions.

FAQs

  1. What does Raymond James’ new price target suggest for Magna’s stock?
    The $75 target implies an 11.39% potential upside from the February 17, 2026 closing price of $66.82.
  2. How did Magna perform in its latest quarterly results?
    The company reported $2.18 EPS and $10.74 billion in revenue, both above analyst estimates.
  3. What is the current consensus rating for Magna International?
    The stock carries a “Hold” consensus rating with an average target price of $59.67.