Gentherm (NASDAQ:THRM) Stock Price Target Lowered at JPMorgan Chase & Co.

Gentherm (NASDAQ:THRM) had its price target dropped by equities researchers at JPMorgan Chase & Co. from $48.00 to $47.00 in a research report issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 64.94% from the company’s current price.

Several other brokerages also recently weighed in on THRM. Stifel Nicolaus reduced their price objective on shares of Gentherm from $48.00 to $46.00 and set a “buy” rating for the company in a research report on Friday. Weiss Ratings upgraded shares of Gentherm from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. CJS Securities initiated coverage on shares of Gentherm in a research note on Monday, September 14th. They issued an “outperform” rating and a $50.00 price objective for the company. Zacks Research lowered Gentherm from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Finally, Wall Street Zen cut Gentherm from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $44.17.

Gentherm Stock Up 9.0%

Shares of THRM stock traded up $2.35 on Friday, reaching $28.50. 1,407,964 shares of the stock were exchanged, compared to its average volume of 543,604. The company has a market capitalization of $875.97 million, a price-to-earnings ratio of 32.72, a PEG ratio of 0.66 and a beta of 1.37. The business’s 50 day moving average price is $35.88 and its 200 day moving average price is $35.10. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.38. Gentherm has a twelve month low of $25.31 and a twelve month high of $48.35.

Gentherm (NASDAQ:THRM) last posted its quarterly earnings results on Thursday, October 22nd. The auto parts company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.31). The business had revenue of $405.10 million during the quarter, compared to analyst estimates of $404.16 million. Gentherm had a net margin of 1.68% and a return on equity of 12.06%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.73 earnings per share. As a group, sell-side analysts expect that Gentherm will post 2.89 earnings per share for the current fiscal year.

Gentherm announced that its Board of Directors has approved a stock buyback plan on Thursday, July 23rd that authorizes the company to repurchase $400.00 million in outstanding shares. This repurchase authorization authorizes the auto parts company to repurchase up to 36.2% of its shares through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other Gentherm news, SVP Wayne Kauffman, III sold 4,700 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $43.21, for a total transaction of $203,087.00. Following the transaction, the senior vice president directly owned 27,421 shares in the company, valued at approximately $1,184,861.41. This represents a 14.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On Gentherm

Institutional investors have recently modified their holdings of the company. BlackRock Inc. purchased a new position in Gentherm in the 2nd quarter valued at approximately $165,005,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Gentherm in the second quarter valued at $27,822,000. Bank of America Corp DE acquired a new stake in Gentherm in the second quarter valued at $9,986,000. Bank of New York Mellon Corp acquired a new stake in Gentherm in the second quarter valued at $7,180,000. Finally, Bastion Asset Management Inc. purchased a new position in shares of Gentherm in the first quarter valued at $6,213,000. Hedge funds and other institutional investors own 97.13% of the company’s stock.

Gentherm News Summary

Here are the key news stories impacting Gentherm this week:

• Positive Sentiment: Gentherm raised its 2026 outlook to include Modine, forecasting product revenue of approximately $1.825 billion to $1.925 billion, adjusted EBITDA of $210 million to $230 million, and adjusted free cash flow of $100 million to $120 million. The revenue range is well above the roughly $1.6 billion consensus cited in company updates. Gentherm Reports 2026 Third Quarter Results
• Positive Sentiment: The Modine transaction, completed October 1, significantly expands Gentherm’s thermal-management portfolio and is expected to provide additional revenue and EBITDA growth. Management also highlighted $555 million in new automotive awards and 8.8% growth in Automotive Climate and Comfort Solutions revenue.
• Positive Sentiment: Capital returns are supporting the stock: Gentherm paid a $2.07-per-share special dividend and repurchased $60 million of common stock in October, with approximately $340 million remaining under its authorization. Gentherm Reports Q3 2026 Results
• Positive Sentiment: Stifel Nicolaus maintained a Buy rating and reduced its price target modestly to $46 from $48, implying substantial potential upside from recent trading levels. Stifel Nicolaus Gentherm Rating
• Neutral Sentiment: Third-quarter revenue rose 4.7% year over year to $405.1 million, slightly exceeding analyst expectations, while medical revenue increased 14.6%. However, much of the forward growth case depends on successfully integrating Modine.
• Negative Sentiment: Adjusted EPS was $0.33, missing the $0.64 consensus estimate and falling from $0.73 a year earlier. Gentherm also reported a $2.6 million net loss versus $14.9 million of net income last year. Gentherm Q3 Earnings Report
• Negative Sentiment: Gross margin declined to 23.3% from 24.6%, adjusted EBITDA fell to $45 million from $49 million, and operating cash flow dropped to $36 million from $87.8 million, reflecting material-cost, inflationary, and integration pressures.

About Gentherm

Gentherm Incorporated (NASDAQ: THRM) develops and manufactures thermal management and comfort technologies for the automotive and medical industries. The company’s automotive products include heated and cooled seating systems, climate-controlled seats, heated steering wheels, seat ventilation, and other technologies designed to improve passenger comfort and manage temperature.

Gentherm also provides battery thermal management systems and related technologies that support the performance, efficiency, and safety of electrified vehicles.