The present disclosure illustrates a stylus with magnetic induction wheel. In the stylus, a pen holder includes a stylus head and a pen cap, and the pen holder is defined with a hollow accommodation space having a hole. A wheel is assembled inside the accommodation space and aligned with the hole, and a central axis is protruded on and extended from two opposite sides of the wheel to abut with the stylus head and the pen cap. A magnetic component is disposed on the central axis, and a magnetic induction device is disposed in the accommodation space to sense a variation of angular momentum or angular velocity of the magnetic field lines of the S and N magnetic poles of the magnetic component. As a result, the user can use the stylus to control an electronic device more easily.