GNTX, US3719011096

Goldman Sachs cut target to USD 20.00: Gentex stock gains 1.40 percent

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

Gentex reports results on October 23, 2026, before the market opens. Gentex stock costs EUR 18.88 on October 20, 2026, 1.40 percent above Frankfurt's close.

Analyst and reporting date

Goldman Sachs cut its Gentex target from USD 23.00 to USD 20.00 on October 6, 2026.
Gentex reported USD 651.30 million in second-quarter 2026 revenue, down 1.00 percent year over year.
Gentex stock costs EUR 18.88 at Lang & Schwarz on October 20, 2026 at 7:04 p.m. CEST, 1.40 percent above the Frankfurt close of October 19, 2026.

GNTX, US3719011096, Illustration mit AI erstellt.

Goldman Sachs cut its Gentex target from USD 23.00 to USD 20.00 and downgraded the stock from Neutral to Sell on October 6, 2026, as Yahoo Finance reported. Gentex stock was trading at EUR 18.88 at Lang & Schwarz on October 20, 2026 at 7:04 p.m. CEST, up 1.40 percent versus the Frankfurt close of October 19, 2026 at EUR 18.62.

Revenue remains the key test

Gentex generated USD 651.30 million in revenue in the second quarter of 2026, down 1.00 percent from the same quarter a year earlier. Adjusted earnings per share came in at USD 0.58, above the USD 0.50 consensus estimate, while revenue missed the USD 669.65 million estimate, according to MarketBeat. The figures make the next report important because earnings exceeded expectations while sales contracted.

Stock stays near its yearly low

On the Nasdaq, Gentex last traded at USD 21.18 on October 20, 2026 at 1:09 p.m. ET. Its 52-week range was USD 20.48 to USD 26.99, placing the price 2.28 percent above the low and 21.53 percent below the high. Market capitalization stood at USD 4.5 billion, while the price-to-earnings ratio was 11.21.

What comes before the results?

Gentex will release third-quarter 2026 results on October 23, 2026, before the market opens, followed by a conference call at 9:30 a.m. ET, according to the Gentex Corporation release dated October 1, 2026. The company also reported USD 114.69 million in net income in the second quarter and USD 141.34 million in operating profit.

Comparison with peers

Gentex: up 1.40 percent at EUR 18.88 versus the Frankfurt close, P/E 11.21, market capitalization USD 4.5 billion, October 20, 2026. BorgWarner (NYSE, USD): down 0.86 percent, P/E 28.42, market capitalization USD 11.8 billion, October 20, 2026. Lear (NYSE, USD): down 0.42 percent, P/E 11.12, market capitalization USD 5.9 billion, October 20, 2026.

Analyst target remains above the quote

Goldman Sachs placed its USD 20.00 target below the Nasdaq price of USD 21.18, while the latest UBS target cited by MarketBeat was USD 24.00 on October 7, 2026. For investors, the October 23 report will test whether the revenue decline persists alongside the earnings resilience.

Gentex stock price and outlook

Gentex stock was trading at EUR 18.88 at Lang & Schwarz on October 20, 2026 at 7:04 p.m. CEST, 1.40 percent above the Frankfurt close of October 19, 2026 at EUR 18.62. The further course of trading is shown by the continuously updated real-time quote of Gentex stock.