The market is (rightfully) optimistic that Modine's new deal paints a pretty bright future for the company.
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Shares of Modine (NYSE:MOD) jumped 14% on Tuesday after the company announced a $4 billion Long-Term Capacity Agreement tied to its Airedale by Modine data centre cooling solutions. Agreement guarantees large-scale cooling supply through 2029Under the deal, Modine will reserve manufacturing capacity to provide more than $4 billion worth of Airedale cooling products to a strategic data centre customer between calendar years 2027 and 2029.
Modine has secured a long-term capacity agreement with one of its strategic data center customers for its Airedale cooling solutions.
Modine Manufacturing stock jumped close to 20% after it signed a deal to provide cooling systems to a major data center operator. Since the start of the year, shares have been on a tear thanks to booming business from data centers.
Neil Brinker: Thank you, Kathy, and good morning, everyone. Now that we've reached an agreement with Gentherm, the next several quarters will be spent preparing the business to be spun off in anticipation of the combination.
Neil Brinker: Thank you, Kathy, and good morning, everyone. Last quarter, we announced plans to significantly expand our U.S. manufacturing capacity for data center products. In fact, we are accelerating other planned investments to meet the unprecedented demand for our products.
If you are wondering whether Modine Manufacturing at US$260.52 still offers value after a strong run, this article walks through what the current price might be telling you. The stock is down about 4% over the past week, up 3.5% over the past month, and has returned 85.0% year to date and 190.1% over the past year, so recent moves may be changing how investors think about both upside and risk. Recent coverage has focused on Modine Manufacturing's share price performance and how the stock now...
Earnings season is slowing down, but the stock market uptrend is still showing plenty of signs of life as Wall Street awaits a new round of earnings reports from top stocks like Dell Technologies, Toronto-Dominion Bank, a current holding in the Leaderboard model portfolio, and Costco. Dell stock soared early Friday after Wells Fargo raised Dell's price target substantially to 270 from 180 while maintaining an overweight rating. Dell hasn't looked back after an initial breakout from a cup-with-handle base on March 16.
The heating and cooling products company is scheduled to announce first-quarter earnings on May 26.
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Recently, Wellington Management disclosed a passive 1.93% stake in Modine Manufacturing, as the company advances its shift toward higher-value climate and data-centre thermal solutions while preparing to spin off its Performance Technologies business. At the same time, questions about valuation, profit taking ahead of earnings, and uncertainty around the planned spin-off and credit agreement amendment have become central to how investors interpret Modine’s transformation story. We’ll now...
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Modine Manufacturing (MOD) is in the spotlight after a pivot toward specialized thermal solutions for AI driven data centres, along with plans to spin off its Performance Technologies unit in a Gentherm transaction. See our latest analysis for Modine Manufacturing. At a share price of $257.33, Modine has seen a 5.25% 1 day share price gain after recent volatility, with a 30 day share price return of 2.32%, a 90 day share price return of 17.75%, and a year to date share price return of 82.75%,...
CYD vs. MOD: Which Stock Is the Better Value Option?
Get a deeper insight into the potential performance of Modine (MOD) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
In the latest trading session, Modine (MOD) closed at $247.13, marking a -8.9% move from the previous day.
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The average brokerage recommendation (ABR) for Modine (MOD) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Xos (XOS) delivered earnings and revenue surprises of +39.86% and +80.32%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Modine Manufacturing’s fair value price target sits at US$265.57 in the latest analyst update, with no change to this central estimate. Analysts link this steady target to Modine’s role as a one stop shop in data center cooling and refrigeration, and are watching how data center revenue goals and margin ambitions support that valuation. Below is a look at how to track these shifting expectations and what they might mean for your own view of the stock. Stay updated as the Fair Value for Modine...
NVIDIA and Modine will report earnings over the next 2 weeks. Both are trading at new highs.
Modine (MOD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Modine Manufacturing has missed out on the recent semiconductor rally despite a pivotal role in data centers.
Modine (MOD) closed the most recent trading day at $276.27, moving 3% from the previous trading session.
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For investors looking at Modine Manufacturing at around US$274 per share and asking whether it still offers value or if most of the opportunity is already reflected in the price, this article breaks that question down in plain terms. The stock has seen sharp moves recently, with returns of 17.5% over 7 days, 27.6% over 30 days, 94.7% year to date and 200.4% over 1 year. These figures naturally raise questions about both upside potential and downside risk. These price moves sit alongside...