Magna International (MGA) Shares Jump 18% on Earnings Beat and 2026 Outlook
IMP9.0
SNT+1.0▲
CONF90%
Magna International (MGA) surged 18% in extended trading on February 13, 2026, following an earnings report that surpassed expectations. The company reported fourth-quarter 2025 net income of $128 million, up 22% year-over-year, and adjusted EBITDA of $285 million, 13% higher than the prior year. Management provided a positive 2026 outlook, citing strong global auto-component demand and a price increase program. Revenue for the quarter was $3.2B, 4% higher than the prior-year period.
EditorLim