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Magna International Inc. (NYSE:MGA) is one of the 10 Best Electric Vehicle Supply Chain Stocks to Invest In. On May 4, 2026, TD Securities analyst Brian Morrison raised the firm’s price target on Magna International Inc. (NYSE:MGA) to $76 from $75 while maintaining a Buy rating on the shares. The firm described the company’s Q1 […]
Adient beat Q2 earnings estimates as sales rose 7%, despite margin pressure. It also lifted FY2026 guidance.
MGA beats Q1 estimates with surging earnings, strong margins and cash flow gains despite weak global vehicle production.
Magna International Inc. reported past first-quarter 2026 results with sales of US$10,381 million, shifting from net income to a small net loss even as adjusted earnings and margins improved. The quarter also delivered an earnings surprise versus analyst expectations, robust free cash flow generation of US$372 million, and a reaffirmed A3 credit rating with a Stable outlook from Moody’s, underscoring resilient operating performance. We’ll now explore how Magna’s stronger adjusted earnings...