Gentherm (NASDAQ:THRM) Price Target Raised to $48.00

by · The Markets Daily

Gentherm (NASDAQ:THRMFree Report) had its price objective upped by JPMorgan Chase & Co. from $41.00 to $48.00 in a report published on Friday morning,Benzinga reports. The brokerage currently has a neutral rating on the auto parts company’s stock.

THRM has been the subject of a number of other reports. Stifel Nicolaus lifted their price target on shares of Gentherm from $44.00 to $59.00 and gave the company a “buy” rating in a research report on Friday. Weiss Ratings upgraded Gentherm from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, May 8th. Wall Street Zen raised Gentherm from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 25th. Finally, Robert W. Baird lifted their price objective on Gentherm from $33.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $43.60.

View Our Latest Report on Gentherm

Gentherm Price Performance

Shares of NASDAQ THRM opened at $42.69 on Friday. The company has a quick ratio of 1.49, a current ratio of 2.06 and a debt-to-equity ratio of 0.38. Gentherm has a 52 week low of $27.00 and a 52 week high of $48.35. The firm has a 50-day moving average price of $35.44 and a 200 day moving average price of $32.92. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 49.07 and a beta of 1.38.

Gentherm (NASDAQ:THRMGet Free Report) last issued its earnings results on Thursday, July 23rd. The auto parts company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.19. Gentherm had a net margin of 1.68% and a return on equity of 12.06%. The company had revenue of $404.94 million for the quarter, compared to analyst estimates of $382.90 million. During the same period in the prior year, the business posted $0.54 earnings per share. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. Equities research analysts anticipate that Gentherm will post 2.75 EPS for the current fiscal year.

Gentherm announced that its Board of Directors has approved a share repurchase plan on Thursday, July 23rd that authorizes the company to buyback $400.00 million in outstanding shares. This buyback authorization authorizes the auto parts company to reacquire up to 36.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On Gentherm

A number of institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Gentherm by 5.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,613 shares of the auto parts company’s stock valued at $2,904,000 after acquiring an additional 5,824 shares in the last quarter. Millennium Management LLC increased its position in Gentherm by 93.4% during the 1st quarter. Millennium Management LLC now owns 155,617 shares of the auto parts company’s stock worth $4,161,000 after purchasing an additional 75,170 shares in the last quarter. Jane Street Group LLC increased its position in Gentherm by 389.2% during the 1st quarter. Jane Street Group LLC now owns 84,403 shares of the auto parts company’s stock worth $2,257,000 after purchasing an additional 67,150 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Gentherm by 1.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 108,251 shares of the auto parts company’s stock valued at $3,062,000 after purchasing an additional 1,850 shares during the last quarter. Finally, Hsbc Holdings PLC acquired a new position in Gentherm in the 2nd quarter valued at about $526,000. 97.13% of the stock is owned by institutional investors and hedge funds.

More Gentherm News

Here are the key news stories impacting Gentherm this week:

  • Positive Sentiment: Gentherm reported Q2 EPS of $0.75, ahead of consensus estimates, and revenue of $404.94 million, also above expectations, which signals stronger-than-expected operational performance.
  • Positive Sentiment: The company raised its 2026 revenue outlook to $1.6 billion-$1.7 billion, reinforcing confidence that demand and execution are improving.
  • Positive Sentiment: Gentherm announced a new $400 million stock buyback program, a shareholder-friendly move that can support the stock by reducing the share count and signaling management believes the shares are undervalued. Article: Gentherm Reports 2026 Second Quarter Results and Announces a New Increased Stock Repurchase Authorization
  • Neutral Sentiment: JPMorgan raised its price target on Gentherm to $48 from $41 but kept a neutral rating, suggesting improved valuation expectations without a fully bullish call.
  • Neutral Sentiment: Reports of increased short-interest activity were not meaningful because the reported short interest was effectively zero, so this does not appear to be a real trading driver.

About Gentherm

(Get Free Report)

Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.

In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.

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