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

Gentherm (NASDAQ:THRM) had its price objective lifted by JPMorgan Chase & Co. from $41.00 to $48.00 in a research note issued to investors on Friday,Benzinga reports. They currently have a neutral rating on the auto parts company’s stock.

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

Gentherm Stock Down 6.4%

Shares of NASDAQ:THRM opened at $42.69 on Friday. The business’s 50 day moving average is $35.44 and its 200 day moving average is $32.95. Gentherm has a 12-month low of $27.00 and a 12-month high of $48.35. The stock has a market cap of $1.31 billion, a price-to-earnings ratio of 49.07 and a beta of 1.38. The company has a quick ratio of 1.36, a current ratio of 2.06 and a debt-to-equity ratio of 0.38.

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

Gentherm announced that its board has authorized a share buyback program on Thursday, July 23rd that allows the company to repurchase $400.00 million in outstanding shares. This repurchase authorization allows the auto parts company to repurchase up to 36.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of THRM. Vanguard Group Inc. increased its stake in shares of Gentherm by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 3,332,197 shares of the auto parts company’s stock valued at $121,192,000 after purchasing an additional 29,214 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Gentherm by 7.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,474,493 shares of the auto parts company’s stock worth $40,960,000 after buying an additional 96,280 shares during the last quarter. Ameriprise Financial Inc. increased its position in Gentherm by 42.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 635,066 shares of the auto parts company’s stock valued at $21,630,000 after buying an additional 190,432 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in Gentherm by 1.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 554,641 shares of the auto parts company’s stock valued at $15,408,000 after buying an additional 10,058 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in Gentherm by 56.5% during the second quarter. Qube Research & Technologies Ltd now owns 469,097 shares of the auto parts company’s stock valued at $13,271,000 after buying an additional 169,401 shares during the last quarter. 97.13% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Gentherm

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.

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.