Modine Manufacturing Co's stock surged by 5.45% as it reached a 52-week high following the announcement of its sale of the performance technologies business to Gentherm for approximately $1 billion.
The transaction includes a cash distribution of $210 million to Modine before closing, and shareholders will receive around 21 million shares of Gentherm common stock, allowing them to hold about 40% of the combined company. Analysts view this as a strategic move that enhances Modine's focus on climate solutions without negatively impacting its long-term prospects.
This merger is expected to create a combined company with projected revenues of $2.6 billion and annual synergies of $25 million, significantly improving financial performance and shareholder value.
Wall Street analysts forecast MOD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MOD is 186.60 USD with a low forecast of 173.00 USD and a high forecast of 200.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
Wall Street analysts forecast MOD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MOD is 186.60 USD with a low forecast of 173.00 USD and a high forecast of 200.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 176.720
Low
173.00
Averages
186.60
High
200.00
Current: 176.720
Low
173.00
Averages
186.60
High
200.00
UBS
Buy
initiated
$173
2025-11-20
Reason
UBS
Price Target
$173
AI Analysis
2025-11-20
initiated
Buy
Reason
UBS initiated coverage of Modine with a Buy rating and $173 price target. The company makes cooling systems for hyperscale, colocation and neocloud customers globally, the analyst tells investors in a research note. The firm says Modine's increasing data center exposure supports continued upside to the shares. UBS believes sustained double-digit sales growth could be a catalyst for a re-rating in the stock's valuation.
Oppenheimer
Oppenheimer
Outperform
maintain
$180 -> $185
2025-10-30
Reason
Oppenheimer
Oppenheimer
Price Target
$180 -> $185
2025-10-30
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Modine to $185 from $180 and keeps an Outperform rating on the shares. The firm notes shares saw mixed trading Wednesday after Modine beat Q2 2026 top/bottom line consensus estimates and reiterated FY26 EBITDA guidance on a higher revenue outlook.
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DA Davidson
Buy
maintain
$185 -> $200
2025-10-30
Reason
DA Davidson
Price Target
$185 -> $200
2025-10-30
maintain
Buy
Reason
DA Davidson raised the firm's price target on Modine to $200 from $185 and keeps a Buy rating on the shares. The firm is positive on the company's data-center related revenue growth projections and further acceleration in core growth over the balance of FY26, the analyst tells investors in a research note. Modine will see another quarter of subdued profitability in Climate Solutions, given spend needed to support the massive chiller capacitization, but the firm remains highly confident in the company's leadership, DA Davidson added.
B. Riley
Buy
maintain
$180 -> $190
2025-10-30
Reason
B. Riley
Price Target
$180 -> $190
2025-10-30
maintain
Buy
Reason
B. Riley raised the firm's price target on Modine to $190 from $180 and keeps a Buy rating on the shares. The firm increased the stock's multiple following the fiscal Q2 report.
About MOD
Modine Manufacturing Company is a provider of thermal management technology and solutions. It is engaged in designing, engineering, testing, and manufacturing mission-critical thermal solutions. Its segment includes Climate Solutions and Performance Technologies. The Climate Solutions segment provides energy-efficient, climate-controlled solutions and components. The Climate Solutions segment provides cooling solutions for data centers that help save water and energy through intelligent controls. The Climate Solutions segment also provides heat exchangers for heating, ventilating, air conditioning and refrigeration applications and anti-corrosive coatings. The Performance Technologies segment provides products and solutions that enhance the performance of customer applications and develops solutions that provide mission-critical energy for a variety of end-market applications. It also designs and manufactures products and solutions using air-cooled and liquid-cooled technology.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
