Co-MoS2 composite coatings were deposited by the magnetic jet electrodeposition under different magnetic field intensities. The growth orientation and deposition mechanism of Co-MoS2 composite coatings under magnetic jet electrodeposition were analyzed based on the weak adsorption theory of nanocomposite co-deposition. Research showed that the coating topography changed from a blade-like structure to a cellular structure, and the cellular structure became a granular protrusion structure with increase of the magnetic field intensity. Compared with Co-MoS2 composite coating in jet electrodeposition, the orientation of Co shifted from (110) to (101) as the magnetic field intensity increased in magnetic jet electrodeposition. The adhesion, microhardness, adhesion, corrosion and wear resistance of the composite coatings were enhanced, which was attributed to the influence of the magnetic field on the growth orientation of the composite coating and the coordinated lubrication effect in the Co-MoS2 composite coating.