Update shared on15 Oct 2025
Fair value Increased 6.25%Analysts Raise Modine Manufacturing Price Target on Improved Growth Outlook
Analysts have increased Modine Manufacturing's price target by $10 to $170, citing a stronger revenue growth forecast even though there is a slight decrease in the projected profit margin.
What's in the News
- Modine is hiring dozens of employees for its new 153,000-square-foot facility in Franklin, Wisconsin. The company aims to ramp up staffing to around 300 by March 2026 in response to increased demand in the North American data center business (Key Developments).
- The company is investing $100 million over the next 12 to 18 months to expand U.S. manufacturing capacity for Airedale by Modine data center cooling products. This investment will support growth at sites in Dallas, Grenada, Franklin, and Jefferson City (Key Developments).
- Modine launched updated Computer Room Air Conditioners (CRAC) and Air Handlers (CRAH) for North American edge data centers. These new products feature high efficiency, low GWP refrigerants, and modular designs (Key Developments).
- Modine opened a new 100,000-square-foot facility in Chennai, India, which enables localized production of data center cooling equipment to meet rising demand in the APAC region (Key Developments).
- The company raised its fiscal year 2026 guidance and now expects net sales growth between 10% and 15% (Key Developments).
Valuation Changes
- The consensus analyst price target has increased from $160 to $170, reflecting a $10 upward revision.
- The discount rate has edged down marginally from 7.94% to 7.91%.
- The revenue growth projection has risen slightly from 15.28% to 15.32%.
- The net profit margin has decreased from 11.35% to 10.90%.
- The future P/E has climbed from 23.1x to 25.5x, indicating higher expected valuation multiples.
Disclaimer
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