EarningsMGA fell ~6% after a Q2 miss, raising investor skepticism about the company's ability to meet its second half guidance amid platform challenges.
Financial PerformanceMagna lowered its 2026 sales and adjusted EBIT targets by around 10% and 14% respectively, reflecting CVA losses, EV delays, and issues in Active Safety.
Market ExposureMagna has less exposure in China, where EVs and domestic Chinese OEMs are growing faster, putting the company at a competitive disadvantage.