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Magellan Aerospace ( (TSE:MAL) ) has shared an announcement.
Magellan Aerospace Corporation reported its financial results for the second quarter of 2025, showing a revenue increase of 2.8% compared to the previous year, although net income decreased by 27.9%. The company signed significant agreements, including an amendment with GE Aerospace for the production of components for the KF-21 aircraft program and new contracts with Pratt & Whitney Canada. These developments are expected to strengthen Magellan’s market position and enhance its operational capabilities.
The most recent analyst rating on (TSE:MAL) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on Magellan Aerospace stock, see the TSE:MAL Stock Forecast page.
Spark’s Take on TSE:MAL Stock
According to Spark, TipRanks’ AI Analyst, TSE:MAL is a Outperform.
Magellan Aerospace’s strong financial performance and strategic corporate events are the primary drivers of its stock score. However, bearish technical indicators and a modest valuation score slightly offset these strengths.
To see Spark’s full report on TSE:MAL stock, click here.
More about Magellan Aerospace
Magellan Aerospace is a diversified supplier in the aerospace industry, focusing on the design, engineering, and manufacturing of aeroengine and aerostructure components. The company serves both commercial and defense markets, providing advanced products for defense and space markets, as well as aftermarket support through spare parts supply and repair services.
Average Trading Volume: 32,258
Technical Sentiment Signal: Buy
Current Market Cap: C$968.5M
See more insights into MAL stock on TipRanks’ Stock Analysis page.