Modine Manufacturing (NYSE:MOD) executives said the company closed fiscal 2026 with another record year for revenue and adjusted EBITDA, driven by rapid growth in data center cooling and the continuing reshaping of its portfolio toward higher-growth businesses. President and Chief Executive Officer
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MOD tops Q4 estimates as data center cooling demand fuels 47% sales growth and drives another year of record revenues and EBITDA.
Modine is rapidly transforming the thermal management industry by securing massive hyperscaler agreements to support global artificial intelligence.
Stock Market Today: The Dow Jones index rose Wednesday as oil prices continued to tumble. Micron stock surged in premarket trading.
Modine’s strong fiscal fourth-quarter earnings and rapid growth in its AI business boosted investor optimism.
Modine Manufacturing (NYSE:MOD) has signed a multi-year, multi-billion-dollar capacity agreement with a major data center customer. The deal includes an upfront payment of US$165 million to support expansion of Modine's Data Centers business. The agreement positions Modine to supply more than US$4b of cooling solutions between 2027 and 2029. For a company best known for thermal management and cooling solutions, this contract moves Modine's data center segment firmly into the spotlight. The...
The headline numbers for Modine (MOD) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Modine (MOD) delivered earnings and revenue surprises of +13.49% and +5.19%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
The S&P 500, Nasdaq and Russell 2000 hit new highs as Micron surged to top a $1 trillion market cap. Caterpillar, Viavi flashed buy signals.
The market is (rightfully) optimistic that Modine's new deal paints a pretty bright future for the company.
Shares of Modine (NYSE:MOD) jumped 14% on Tuesday after the company announced a $4 billion Long-Term Capacity Agreement tied to its Airedale by Modine data centre cooling solutions. Agreement guarantees large-scale cooling supply through 2029Under the deal, Modine will reserve manufacturing capacity to provide more than $4 billion worth of Airedale cooling products to a strategic data centre customer between calendar years 2027 and 2029.
Modine has secured a long-term capacity agreement with one of its strategic data center customers for its Airedale cooling solutions.
Modine Manufacturing stock jumped close to 20% after it signed a deal to provide cooling systems to a major data center operator. Since the start of the year, shares have been on a tear thanks to booming business from data centers.
Neil Brinker: Thank you, Kathy, and good morning, everyone. Now that we've reached an agreement with Gentherm, the next several quarters will be spent preparing the business to be spun off in anticipation of the combination.
Neil Brinker: Thank you, Kathy, and good morning, everyone. Last quarter, we announced plans to significantly expand our U.S. manufacturing capacity for data center products. In fact, we are accelerating other planned investments to meet the unprecedented demand for our products.
If you are wondering whether Modine Manufacturing at US$260.52 still offers value after a strong run, this article walks through what the current price might be telling you. The stock is down about 4% over the past week, up 3.5% over the past month, and has returned 85.0% year to date and 190.1% over the past year, so recent moves may be changing how investors think about both upside and risk. Recent coverage has focused on Modine Manufacturing's share price performance and how the stock now...
Earnings season is slowing down, but the stock market uptrend is still showing plenty of signs of life as Wall Street awaits a new round of earnings reports from top stocks like Dell Technologies, Toronto-Dominion Bank, a current holding in the Leaderboard model portfolio, and Costco. Dell stock soared early Friday after Wells Fargo raised Dell's price target substantially to 270 from 180 while maintaining an overweight rating. Dell hasn't looked back after an initial breakout from a cup-with-handle base on March 16.
The heating and cooling products company is scheduled to announce first-quarter earnings on May 26.
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Recently, Wellington Management disclosed a passive 1.93% stake in Modine Manufacturing, as the company advances its shift toward higher-value climate and data-centre thermal solutions while preparing to spin off its Performance Technologies business. At the same time, questions about valuation, profit taking ahead of earnings, and uncertainty around the planned spin-off and credit agreement amendment have become central to how investors interpret Modine’s transformation story. We’ll now...
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Modine Manufacturing (MOD) is in the spotlight after a pivot toward specialized thermal solutions for AI driven data centres, along with plans to spin off its Performance Technologies unit in a Gentherm transaction. See our latest analysis for Modine Manufacturing. At a share price of $257.33, Modine has seen a 5.25% 1 day share price gain after recent volatility, with a 30 day share price return of 2.32%, a 90 day share price return of 17.75%, and a year to date share price return of 82.75%,...
CYD vs. MOD: Which Stock Is the Better Value Option?
Get a deeper insight into the potential performance of Modine (MOD) for the quarter ended March 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
In the latest trading session, Modine (MOD) closed at $247.13, marking a -8.9% move from the previous day.
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The average brokerage recommendation (ABR) for Modine (MOD) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Xos (XOS) delivered earnings and revenue surprises of +39.86% and +80.32%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?