Gentherm (NASDAQ:THRM) Stock Price Target Cut by Stifel Nicolaus

Gentherm (NASDAQ:THRM) had its price target reduced by research analysts at Stifel Nicolaus from $48.00 to $46.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the auto parts company’s stock. Stifel Nicolaus‘s price target points to a potential upside of 75.91% from the stock’s previous close.

Several other research firms also recently issued reports on THRM. JPMorgan Chase & Co. upgraded shares of Gentherm from a “neutral” rating to an “overweight” rating and set a $48.00 price objective on the stock in a report on Tuesday, September 15th. Freedom Capital cut shares of Gentherm from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 24th. Weiss Ratings raised Gentherm from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, July 29th. Zacks Research downgraded Gentherm from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Wall Street Zen lowered Gentherm from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 1st. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Gentherm currently has an average rating of “Hold” and a consensus target price of $44.33.

Gentherm Trading Down 8.1%

Shares of THRM stock opened at $26.15 on Friday. Gentherm has a 1 year low of $25.31 and a 1 year high of $48.35. The firm’s fifty day simple moving average is $35.88 and its 200 day simple moving average is $35.10. The firm has a market capitalization of $803.85 million, a P/E ratio of 10.12, a price-to-earnings-growth ratio of 0.66 and a beta of 1.37. 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 (NASDAQ:THRM) last released its earnings results on Thursday, October 22nd. The auto parts company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.31). Gentherm had a net margin of 1.68% and a return on equity of 12.06%. The company had revenue of $405.10 million for the quarter, compared to analyst estimates of $404.16 million. During the same quarter in the previous year, the company earned $0.73 earnings per share. Gentherm’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, sell-side analysts predict that Gentherm will post 2.89 EPS for the current year.

Gentherm announced that its Board of Directors has initiated a stock buyback plan on Thursday, July 23rd that allows the company to buy back $400.00 million in outstanding shares. This repurchase authorization allows the auto parts company to repurchase up to 36.2% of its stock through open market purchases. Share repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Insider Activity

In other news, SVP Wayne Kauffman, III sold 4,700 shares of the firm’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 completion of the transaction, the senior vice president directly owned 27,421 shares of the company’s stock, valued at approximately $1,184,861.41. This trade represents a 14.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.10% of the company’s stock.

Institutional Trading of Gentherm

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. bought a new position in Gentherm during the second quarter worth about $30,000. Allworth Financial LP acquired a new stake in Gentherm during the second quarter valued at approximately $37,000. Public Employees Retirement System of Ohio bought a new stake in shares of Gentherm in the 2nd quarter valued at approximately $39,000. Globeflex Capital L P bought a new stake in shares of Gentherm in the 2nd quarter valued at approximately $133,000. Finally, Leonteq Securities AG grew its stake in shares of Gentherm by 13.3% in the 1st quarter. Leonteq Securities AG now owns 5,289 shares of the auto parts company’s stock valued at $147,000 after purchasing an additional 621 shares during the period. Institutional investors own 97.13% of the company’s stock.

Key Headlines Impacting Gentherm

Here are the key news stories impacting Gentherm this week:

• Positive Sentiment: Gentherm raised its 2026 outlook to include Modine’s expected fourth-quarter contribution, targeting product revenue of $1.825 billion–$1.925 billion, adjusted EBITDA of $210 million–$230 million and adjusted free cash flow of $100 million–$120 million. Gentherm Reports 2026 Third Quarter Results
• Positive Sentiment: Product revenue increased 4.7% year over year to $405.1 million, slightly exceeding analyst expectations. Automotive Climate and Comfort Solutions revenue grew 8.8%, while medical revenue rose 14.6%. Gentherm also secured $555 million in automotive awards during the quarter. Gentherm Reports $405.1 Million Third-Quarter Revenue and Net Loss
• Positive Sentiment: Capital returns may support the stock: Gentherm paid a $2.07-per-share special dividend and repurchased $60 million of stock in October, with approximately $340 million remaining under its buyback authorization.
• Neutral Sentiment: Management described the Modine combination as creating a broader, more diversified thermal-management company, but investors will be watching whether projected synergies and growth materialize as integration proceeds. Gentherm’s Earnings Call Highlights Modine-Fueled Expansion
• Negative Sentiment: Adjusted EPS was $0.33, below the $0.64 consensus estimate and down from $0.73 a year earlier. GAAP results showed a $2.6 million net loss versus $14.9 million of profit in the prior-year quarter.
• Negative Sentiment: Gross margin fell to 23.3% from 24.6% because of higher material costs, inflation and foreign-exchange effects. Operating cash flow also dropped to $36.0 million from $87.8 million, adding pressure to the near-term earnings outlook.

Gentherm Company Profile

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.