Magna International MGA

GlobeNewswire Inc. 12 nov

The global automotive parts market is projected to grow from USD 116.7 billion in 2026 to USD 151.2 billion by 2032, with a CAGR of 4.38%. Growth is driven by increased vehicle production, software-defined vehicles requiring upgradeable hardware, and rising demand for aftermarket components. Asia-Pacific is expected to hold 46% of parts sales value in 2026. However, chip supply disruptions pose risks to the supply chain.

The Motley Fool 2 nov

Magna International reported an 11% increase in adjusted EBIT despite a 4% decline in sales, driven by operational efficiency and cost controls. The company expanded EBIT margins by 90 basis points to 6.8% and generated strong free cash flow of $950 million in Q3 2026. Management authorized a new share buyback program for 25.8 million shares and is expanding into new markets including autonomous vehicle upfitting for Waymo and EV assembly for Chinese manufacturers.

Zacks Investment Research 30 oct

Magna International reported Q3 2026 earnings of $1.83 per share, beating consensus estimates of $1.58 and surpassing revenue expectations. The stock has gained 21.4% year-to-date, outperforming the S&P 500's 12.8% gain. However, the company holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions, suggesting near-term performance in line with the market. The automotive supply industry ranks in the bottom 16% of Zacks industries.

Zacks Investment Research 23 oct

Magna International is expected to report Q3 2026 earnings of $1.58 per share (up 18.8% YoY) with revenues declining 1.1% to $9.95 billion. With a negative Earnings ESP of -0.74% and Zacks Rank #3, the stock is not positioned as a compelling earnings-beat candidate. Garrett Motion is expected to post $0.45 EPS (up 18.4% YoY) with revenues rising 3.9%, but carries a Zacks Rank #4 (Sell) rating despite a neutral 0.00% Earnings ESP.

GlobeNewswire Inc. 20 oct

The global EV Components market is estimated at USD 486.4 billion in 2026 and projected to reach USD 1.28 trillion by 2036, expanding at a 10.2% CAGR. Growth is driven by rapid EV adoption, declining battery costs, 800-volt electrical architectures, and solid-state battery development. Battery systems remain the largest component category, while power electronics are expected to record the fastest growth. Asia-Pacific leads the market, with Europe expected to register the fastest regional growth.