MAGNA INTERNATIONAL INC
No SEC Form 4 filings for $MGA in the last 30 days.
Magna (MGA) reported Q2 2026 sales of $11.0B, up 3% year over year, and adjusted EPS of $1.86, up 29%. Adjusted EBIT rose 16% to $677M and margin expanded to 6.2%. Free cash flow was $617M. Full-year guidance raised: sales $41.3B to $42.5B, adjusted EPS $6.70 to $7.30, and FCF $1.75B to $1.85B.
Canadian stocks fell into the Civic Holiday weekend. The TSX closed Friday at 35,226.14, down 279.7 points for the day and 0.4% for the week. Telus dropped 11.5% after a Q2 loss and a dividend cut. Eldorado Gold fell 3.5% and Magna raised its profit forecast after a Q2 beat. In the US, major averages rose Friday; Apple fell over 9% and Amazon gained 11%.
FactSet says about 75% of S&P 500 firms beat EPS estimates, but only about 60% beat revenue expectations. LSEG research finds earnings forecasts get more accurate as results near, so large surprises are rarer. The article lists nine Q2 companies with notable EPS beats, including HOWL, ABR, PWP, CRI, NWL, MOG-A, MGA, LYB, and NVT, with EPS and beat amounts cited.
Over the past 7 days, alphai's AI scored 1 news story mentioning MGA (MAGNA INTERNATIONAL INC). Coverage has skewed bullish: 1 bullish, 0 neutral, and 0 bearish.
Recent MGA coverage spans earnings, financial news and market movers.
Guidance raise and strong cash generation are likely to support near-term estimates and sentiment, while tariff and commodity headwinds remain key swing factors.
Forecast raise is fundamentally positive, but the immediate price drop suggests investors discounted the beat or focused on other margin/cycle concerns.
Earnings beat can support upward revisions and positive momentum after the print.
Earnings beat plus raised guidance suggests improved margin/operational execution, likely supporting near-term estimates and sentiment.
Guidance raise and buyback plan increase near-term earnings and cash-flow visibility, with tariff and FX assumptions as key swing factors.
alphai scores every news story that mentions MGA with an AI model for sentiment and relevance, and aggregates insider trades from MAGNA INTERNATIONAL INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Magna (MGA) reported Q2 2026 sales of $11.0B, up 3% year over year, and adjusted EPS of $1.86, up 29%. Adjusted EBIT rose 16% to $677M and margin expanded to 6.2%. Free cash flow was $617M. Full-year guidance raised: sales $41.3B to $42.5B, adjusted EPS $6.70 to $7.30, and FCF $1.75B to $1.85B.
6 min readCanadian stocks fell into the Civic Holiday weekend. The TSX closed Friday at 35,226.14, down 279.7 points for the day and 0.4% for the week. Telus dropped 11.5% after a Q2 loss and a dividend cut. Eldorado Gold fell 3.5% and Magna raised its profit forecast after a Q2 beat. In the US, major averages rose Friday; Apple fell over 9% and Amazon gained 11%.
6 min readFactSet says about 75% of S&P 500 firms beat EPS estimates, but only about 60% beat revenue expectations. LSEG research finds earnings forecasts get more accurate as results near, so large surprises are rarer. The article lists nine Q2 companies with notable EPS beats, including HOWL, ABR, PWP, CRI, NWL, MOG-A, MGA, LYB, and NVT, with EPS and beat amounts cited.
7 min readMagna International reported Q2 2026 results after the close, with EPS of $1.86 versus an estimated $1.53, a 21.6% beat, and revenue of $10.98B versus $10.74B expected, up 2.2%. The company attributed the outperformance to operational discipline and margin expansion and raised full-year guidance, citing confidence in execution amid weaker global vehicle production.
3 min readMagna International (NYSE:MGA) reported Q2 cash flow from operations of $954 million and free cash flow of $617 million, and returned $598 million to shareholders. The company narrowed and raised 2026 guidance: adjusted EBIT margin 6.3% to 6.6%, adjusted EPS $6.70 to $7.30, and FCF about $1.8 billion. It expects net tariff impact broadly neutral to slightly positive.
6 min readCanada’s TSX opened lower Friday, with mining and gold-linked declines, while investors weighed stronger-than-expected GDP data. Magna raised its annual profit forecast after a Q2 beat but shares fell. TMX Group and Pembina reported higher Q2 net income. Alimentation Couche-Tard agreed to buy Poland’s Zabka for about $8.7B. U.S. stocks fell as yields rose; Apple dropped after earnings.
4 min readHighlights(1) Delivered strong second-quarter 2026 results, reflecting profitable sales growth, continued productivity improvements and disciplined execution.
6 min readHighlights(1) Delivered strong second-quarter 2026 results, reflecting profitable sales growth, continued productivity improvements and disciplined execution.
6 min readMagna International said it won an 800-volt, 250 kW 2-speed eDrive program with Chery Automobile, to be built at its Wuhu, China facility. Magna also cited DHD Duo hybrid drive series production with Chery’s Jetour G700. The article links the wins to Magna’s electrification margin outlook and mentions forecasts of $44.4B revenue and $1.9B earnings by 2029.
6 min readMagna International said it secured an 800-volt electric drive (eDrive) program award with Chery. The program will be produced at Magna’s new Wuhu facility in China, supporting its electrification strategy and localized supply for Chinese OEMs. Magna’s shares (TMG) were trading around $96.00, up about $1.17.
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