MOD (Modine) Expands Data Center Hiring—Is Leadership Overhaul the Key to Long-Term Growth?

• In September 2025, Modine Manufacturing announced the hiring of Jeremy Patten as President of its Performance Technologies segment and significantly expanded hiring for its new Franklin, WI facility to support growing demand for data center cooling solutions.
• These developments highlight both Modine's focus on scaling its North American data center business and the company's intent to strengthen executive leadership for core product lines.
• We'll explore how the sizable Franklin facility ramp-up could impact Modine's investment narrative and future growth profile.

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Modine Manufacturing Investment Narrative Recap

To be a Modine shareholder, you need to believe that surging demand for data center cooling and HVAC technology will outweigh the risks tied to legacy vehicle cooling products and the challenges of scaling new facilities. The recent expansion in Franklin and executive appointment may accelerate Modine's most important near-term catalyst, fulfilling rapid data center client demand, but the largest current risk remains if orders or deployments slow, potentially leaving spare capacity and margin pressure. The news is positive for growth but does not fundamentally reduce this risk.

Among recent news, Modine’s $100 million investment to expand US manufacturing for data center cooling solutions directly aligns with the company's growth catalysts and the hiring push at Franklin. This large outlay is meant to secure a leading position as infrastructure and technology partners increasingly prioritize energy-efficient and robust cooling, underscoring how closely Modine’s near-term performance is tied to the data center sector’s buildout and order flow.

However, if customer demand for new data center cooling solutions decelerates or orders get delayed, investors should know that...

Read the full narrative on Modine Manufacturing (it's free!)

Modine Manufacturing is projected to achieve $4.0 billion in revenue and $453.0 million in earnings by 2028. This outlook implies a 15.3% annual revenue growth rate and a $265.1 million increase in earnings from the current $187.9 million.

Uncover how Modine Manufacturing's forecasts yield a $160.00 fair value, a 8% upside to its current price.

Exploring Other Perspectives

Five Simply Wall St Community members estimate Modine's fair value between US$96.88 and US$168.52 per share. Amid this variance, many point to expansion risk if future data center orders do not meet expectations, consider how much this could affect Modine's operational results before forming your view.

Explore 5 other fair value estimates on Modine Manufacturing - why the stock might be worth 34% less than the current price!

Build Your Own Modine Manufacturing Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your Modine Manufacturing research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.
• Our free Modine Manufacturing research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Modine Manufacturing's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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