JPMorgan Chase & Co. Boosts Gentherm (NASDAQ:THRM) Price Target to $48.00

Gentherm (NASDAQ:THRM) had its price target increased by JPMorgan Chase & Co. from $41.00 to $48.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “neutral” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 8.92% from the stock’s current price.

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

Gentherm Stock Performance

Shares of NASDAQ:THRM traded down $1.54 during trading on Friday, hitting $44.07. 520,474 shares of the company traded hands, compared to its average volume of 302,834. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 58.94 and a beta of 1.38. The business’s fifty day moving average is $35.19 and its 200-day moving average is $32.88. The company has a quick ratio of 1.36, a current ratio of 1.97 and a debt-to-equity ratio of 0.31. Gentherm has a one year low of $27.00 and a one year high of $48.35.

Gentherm (NASDAQ:THRM) last posted its earnings results on Thursday, July 23rd. The auto parts company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.19. The company had revenue of $404.94 million for the quarter, compared to analysts’ expectations of $382.90 million. Gentherm had a return on equity of 11.25% and a net margin of 1.47%.The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the business posted $0.54 earnings per share. As a group, equities analysts predict that Gentherm will post 2.75 earnings per share for the current fiscal year.

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

Hedge Funds Weigh In On Gentherm

A number of hedge funds have recently modified their holdings of the stock. Palouse Capital Management Inc. lifted its stake in Gentherm by 14.2% in the second quarter. Palouse Capital Management Inc. now owns 4,822 shares of the auto parts company’s stock valued at $164,000 after acquiring an additional 600 shares during the last quarter. Moody National Bank Trust Division increased its holdings in shares of Gentherm by 89.1% during the 2nd quarter. Moody National Bank Trust Division now owns 35,808 shares of the auto parts company’s stock worth $1,221,000 after purchasing an additional 16,871 shares during the period. Empowered Funds LLC acquired a new position in Gentherm in the 1st quarter valued at approximately $1,008,000. Bank of America Corp DE increased its holdings in Gentherm by 7.6% in the 1st quarter. Bank of America Corp DE now owns 307,770 shares of the auto parts company’s stock valued at $8,550,000 after buying an additional 21,677 shares during the period. Finally, Quantinno Capital Management LP grew its stake in shares of Gentherm by 7.5% in the 1st quarter. Quantinno Capital Management LP now owns 19,900 shares of the auto parts company’s stock valued at $553,000 after purchasing an additional 1,386 shares during the period. 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 beat Q2 expectations, reporting adjusted EPS of $0.75 versus $0.56 expected and revenue of $404.94 million versus $382.90 million expected, with revenue up 11% year over year. Gentherm Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its full-year outlook after posting record quarterly revenue, signaling improving demand and a stronger growth trajectory. Gentherm Reports 2026 Second Quarter Results and Announces a New Increased Stock Repurchase Authorization
• Positive Sentiment: Gentherm’s board approved a new $400 million share repurchase authorization, a move investors often view as a sign management believes the stock is undervalued. Gentherm to Repurchase $400.00 million in Stock
• Positive Sentiment: The company also completed a strategic medical acquisition, which could expand its product portfolio and open additional growth channels. Gentherm Acquires Innovative Medical Equipment, LLC
• Neutral Sentiment: Several follow-up pieces and an earnings call transcript focused on the same results, reinforcing the market’s attention on the beat-and-raise quarter rather than adding new fundamental surprises.

Gentherm Company Profile

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.