Baird sets USD 300 target for Modine Manufacturing stock

Published on 10/20/2026 at 19:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Baird set a USD 300.00 target on October 6, 2026. Modine Manufacturing stock costs EUR 131.68 on October 20, 2026.

Target and reporting date

Robert W. Baird set a USD 300.00 target for Modine on October 6, 2026.
Modine is expected to report fiscal second-quarter results on October 27, 2026.
Modine stock was trading at EUR 131.68 at Lang & Schwarz on October 20, 2026 at 7:10 p.m. CEST.
Fiscal first-quarter revenue rose 28.00 percent to USD 874.10 million.

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Robert W. Baird set a USD 300.00 target for Modine Manufacturing on October 6, 2026, keeping the analyst view focused on the thermal-management company ahead of its next results. Modine Manufacturing stock was trading at EUR 131.68 at Lang & Schwarz on October 20, 2026 at 7:10 p.m. CEST.

Baird target remains the main signal

According to PriceTargets.com, Baird initiated coverage with an Outperform rating and a USD 300.00 target. Against the USD 148.05 primary-exchange price reported for October 20, 2026, that target is 102.63 percent above the price. The comparison uses the same USD currency and does not convert the euro quotation.

Revenue growth meets execution risk

Modine's fiscal first-quarter revenue rose 28.00 percent year over year to USD 874.10 million, while reported earnings per share reached USD 1.53 against a USD 1.27 consensus estimate, according to MarketBeat. Revenue still came in below the USD 878.69 million estimate, creating a concrete counterweight to the earnings-per-share result.

What comes on October 27?

MarketBeat expects Modine to report fiscal second-quarter 2027 results after the market close on October 27, 2026. The cited consensus calls for USD 969.11 million in revenue and USD 1.42 in earnings per share, with a conference call scheduled for October 28, 2026 at 11:00 a.m. ET. Those estimates imply a higher revenue base than the USD 874.10 million reported for the first quarter.

Valuation and stock position

Modine had a market capitalization of USD 7.9 billion and a price-to-earnings ratio of 55.72 on October 20, 2026. Its primary listing is on the NYSE, where the stock was quoted at USD 148.05 at 1:16 p.m. ET. The USD 111.18 to USD 323.25 52-week range puts the quotation 54.19 percent below its high and 33.16 percent above its low.

Comparison with peers

Modine: P/E 55.72, market capitalization USD 7.9 billion. Gentherm (NYSE, USD): up 2.32 percent, P/E 33.85, market capitalization USD 898.8 million. Carrier Global (NYSE, USD): up 0.40 percent, P/E 38.48, market capitalization USD 45.7 billion.

Investor calendar stays central

The October 27 results date is the next scheduled company event, while the October 28 conference call gives investors a second dated point for management commentary. The key numerical test is whether revenue can approach the USD 969.11 million consensus while earnings per share remains near the USD 1.42 estimate.

Modine Manufacturing stock was trading at EUR 131.68 at Lang & Schwarz on October 20, 2026 at 7:10 p.m. CEST.

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