
Modine Manufacturing (MOD) Stock Forecast & Price Target
Modine Manufacturing (MOD) Analyst Ratings
Bulls say
Modine Manufacturing Co. is anticipated to achieve significant revenue growth in its Decarbonization (DC) segment, projecting an annual increase of 50%-70% year-over-year for FY27 and FY28, based on a robust order book and backlog. The company has also raised its revenue target for the DC segment to over $2 billion for FY28, driven by unprecedented demand and increased order commitments, particularly for its new chiller units and free cooling solutions. Furthermore, customer visibility has improved significantly, enhancing Modine's ability to capitalize on opportunities in the market and solidifying the company's favorable revenue outlook.
Bears say
Modine Manufacturing has a negative outlook primarily due to its significant exposure to cyclical vehicular markets, which are currently experiencing an approximate two-year down-cycle, indicating potential challenges in sustaining revenue and profit levels. The reliance on a limited customer base, with the top ten customers accounting for 40% of FY24 sales, poses a considerable risk, as losing any key client could result in substantial financial erosion. Additionally, the company's struggle to adapt to inflationary pressures and effectively integrate acquisitions raises concerns regarding its execution of a successful turnaround strategy, limiting prospects for growth and profitability in the near term.
This aggregate rating is based on analysts' research of Modine Manufacturing and is not a guaranteed prediction by Public.com or investment advice.
Modine Manufacturing (MOD) Analyst Forecast & Price Prediction
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