Magna International Inc. shares reached a 52-week high of $72.03 on Tuesday, closing at $71.94, within 1% of the peak. The Toronto-based auto parts supplier’s stock has surged 56.14% over the past 12 months, with a one-year total return of 64.52% as tracked by InvestingPro.
The company’s recent performance has been bolstered by better-than-expected second-quarter results for 2026. Magna reported adjusted earnings of $1.86 per share, a 29% increase from the prior-year period and a new second-quarter record. Revenue totaled $10.98 billion, exceeding Wall Street projections. The company also raised its full-year outlook for margins, earnings, and free cash flow, citing ongoing operational improvements and a strong order book.
InvestingPro data highlights a 16-year streak of dividend growth and labels the stock as undervalued based on its fair-value analysis. Magna’s market capitalization stands at $19.07 billion.
