MOD

Modine's stock has experienced significant upward momentum and some fluctuations in the past six months. In Q2 Fiscal 2026, Modine reported a 12% increase in net sales, driven by strong demand from data center customers. Shares experienced a downturn in December 2025. In Q3 Fiscal 2026, the company reported a 31% increase in net sales, with data center sales surging by 78%. Several analysts reiterated "Buy" ratings and raised price targets, while some downgrades to "Hold" also occurred. The stock experienced a pullback in April 2026, attributed to renewed valuation concerns. Modine announced the pending spin-off and combination of its Performance Technologies business with Gentherm, expected to close in the fourth quarter of calendar year 2026.