Baird sets USD 300.00 target for Modine Manufacturing stock

Published on 10/15/2026 at 21:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal first-quarter revenue rose 28.00 percent to USD 874.10 million. Modine Manufacturing stock costs EUR 134.93 on October 15, 2026.

Analyst target and company figures

Robert W. Baird set a USD 300.00 target on October 6, 2026.
Fiscal first-quarter revenue rose 28.00 percent to USD 874.10 million.
Modine Manufacturing stock costs EUR 134.93 at Lang & Schwarz on October 15, 2026 at 9:07 p.m. CEST.
Market capitalization stood at USD 8.1 billion with a P/E ratio of 56.84 on October 15, 2026.

MOD, US6078281002, Illustration mit AI erstellt.

Robert W. Baird began coverage of Modine Manufacturing with an Outperform rating and a USD 300.00 price target on October 6, 2026, according to MarketBeat. Against the USD 151.60 home-market price on October 15, 2026, the target stood 97.89 percent above the price. Modine Manufacturing stock was trading at EUR 134.93 at Lang & Schwarz on October 15, 2026 at 9:07 p.m. CEST.

Revenue reaches USD 874.10 million

Modine reported fiscal first-quarter 2027 revenue of USD 874.10 million for the period ended June 30, 2026, up 28.00 percent from the same quarter a year earlier. The revenue figure and comparison were reported by MarketBeat.

The latest quarter gives the analyst target a concrete operating reference. Revenue growth was strong, but the euro quotation and the home-market price are separate market views and are not combined in one performance figure.

Range leaves room below the high

On the NYSE, the stock last traded at USD 151.60 on October 15, 2026 at 3:11 p.m. ET. The same-day price was 36.37 percent above the 52-week low of USD 111.18 and 53.10 percent below the 52-week high of USD 323.25. The quoted market capitalization was USD 8.1 billion, with a P/E ratio of 56.84 and trading volume of 1,583,690 shares on October 15, 2026.

Analyst views have also moved in opposite directions. Markets Insider reported on October 2, 2026 that Oppenheimer lowered its target from USD 300.00 to USD 260.00 while keeping an Outperform rating. The report cited revised estimates after Modine's Performance Technologies divestiture.

Comparison with peers

Modine Manufacturing: P/E 56.84, market capitalization USD 8.1 billion

Corteva (NYSE, USD): minus 4.93 percent, P/E 8.45, market capitalization USD 8.5 billion

Trane Technologies (NYSE, USD): minus 3.16 percent, P/E 34.55, market capitalization USD 100.4 billion

Valuation and thermal systems

Modine operates in industrial machinery and develops thermal management systems for automotive, commercial, industrial and data-center customers. Its portfolio includes cooling modules, heat exchangers, HVAC systems and battery thermal management products. The company profile identifies Climate Solutions and Performance Technologies as its two main operating areas.

The further course of trading is shown by the continuously updated real-time quote of Modine Manufacturing stock.