Magna International EPS Estimates Up 8¢/14¢ With 18.7% Earnings Growth
Magna International’s Zacks Consensus expects 2026 sales to climb 2.3% year-over-year and earnings to surge 18.7%, with EPS estimates raised by 8¢ for 2026 and by 14¢ for 2027 in the past seven days. The company holds a Zacks Rank #1 (Strong Buy) following these upgrades.
1. Consensus Estimate Revisions
Zacks projects Magna International’s 2026 sales rising 2.3% year-over-year as automotive demand remains steady. EPS consensus has been lifted by 8 cents for fiscal 2026 and by 14 cents for fiscal 2027 over the past seven days, enhancing the company’s forward earnings outlook.
2. Zacks Strong Buy Rating
Following these estimate upgrades, Magna International holds a Zacks Rank #1 (Strong Buy), signaling strong analyst confidence in its profit momentum. The high ranking indicates potential share appreciation if the revised projections come to fruition.