·bloomberg.comMed
Samsung Is in Talks to Acquire Data Center Cooling Firm Modine, Bloomberg reports
Samsung Is in Talks to Acquire Data Center Cooling Firm Modine, Bloomberg reports.
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$MOD
MODINE MANUFACTURING CO
Modine manufactures thermal management systems and components for commercial, industrial, building HVAC&R, data center, power generation and vehicle markets. Its customers include data center operators, HVAC manufacturers and wholesalers, equipment makers, contractors, and commercial vehicle and automotive manufacturers. Modine’s Climate Solutions business provides data center cooling products and services, heat exchangers, coatings, refrigeration products, and heating and indoor air quality systems. Its Performance Technologies business supplies cooling systems and heat exchangers for heavy-duty equipment, stationary power, commercial vehicles, buses, automobiles and specialty vehicles. Modine makes money by selling thermal systems, products, components, replacement parts and maintenance and control services, generally through customer purchase orders and, in some cases, long-term sales agreements. It operates in North America, South America, Europe and Asia. Modine is headquartered in Racine, Wisconsin.
AlphAI earnings readQ2 FY2027 · NOV 3Strong growth in Data Centers and Commercial HVAC segments supports higher full-year revenue outlook for core business following the spin-off of Performance TechnologiesVerdict: solidRead →
Reads like this one publish minutes after the filing lands on EDGAR. Get them as JSON over the API or inside your AI agent over MCP.
Price · $MODvia TradingView
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No SEC Form 4 filings for $MOD in the last 30 days.
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·prnewswire.com
Modine to Host Analyst and Investor Day on November 18, 2026
Modine (NYSE: MOD) will host an Investor Day on November 18, 2026, to discuss its multi-year growth strategy and new financial targets post spin-off of its Performance Technologies segment. The event will be webcast live and replayed on the company's website.
·investing.com
Modine begins chiller production at new Texas facility
Modine Manufacturing (NYSE:MOD) has begun producing Airedale chillers at a new Texas facility, targeting data center customers. The 682,000 sq ft plant will initially operate one shift, with plans to expand. CEO Neil Brinker calls it a key milestone in U.S. manufacturing expansion.
MOD sentiment & insider activity
Over the past 7 days, AlphAI's AI scored 7 news stories mentioning MOD (MODINE MANUFACTURING CO). Coverage has skewed bullish: 3 bullish, 4 neutral, and 0 bearish.
Recent MOD coverage spans financial news, mergers & acquisitions and technology.
What's driving MOD
Acquisition interest could lift Modine's valuation and provide a premium to shareholders.
The event may provide fresh guidance that could move the stock modestly.
The new facility adds capacity for data‑center cooling, potentially supporting revenue growth.
Guidance lift and strong top‑line suggest upside for MOD.
Analyst downgrade suggests weaker outlook.
AlphAI scores every news story that mentions MOD with an AI model for sentiment and relevance, and aggregates insider trades from MODINE MANUFACTURING CO's SEC EDGAR Form 4 filings. Figures refresh continuously.
News on $MOD
Score
Samsung Is in Talks to Acquire Data Center Cooling Firm Modine, Bloomberg reports
Samsung Is in Talks to Acquire Data Center Cooling Firm Modine, Bloomberg reports.
Modine to Host Analyst and Investor Day on November 18, 2026
Modine (NYSE: MOD) will host an Investor Day on November 18, 2026, to discuss its multi-year growth strategy and new financial targets post spin-off of its Performance Technologies segment. The event will be webcast live and replayed on the company's website.
Modine begins chiller production at new Texas facility
Modine Manufacturing (NYSE:MOD) has begun producing Airedale chillers at a new Texas facility, targeting data center customers. The 682,000 sq ft plant will initially operate one shift, with plans to expand. CEO Neil Brinker calls it a key milestone in U.S. manufacturing expansion.
What Modine Manufacturing (MOD) Said on Its Q2 Earnings Call
Modine Manufacturing (MOD) reported Q2 earnings, highlighting demand for data center cooling solutions. The company plans to expand production and expects margin improvements. Total sales rose 35%, with data center and Commercial HVAC segments growing 59%. Full-year revenue outlook is $3.1B-$3.2B, with adjusted EBITDA of $470M-$500M. MOD expects positive free cash flow for the year.
UBS maintains Modine Manufacturing at Buy, lowers price target to $160 from $355
UBS kept its Buy rating on Modine Manufacturing but cut its price target to $160 from $355, a 54.9% reduction. This implies a 75.1% upside from the Nov 5 close of $91.39. Recent analyst targets range from $178 to $330.
Oppenheimer maintains Modine Manufacturing at Outperform, lowers price target to $215 from $260
Oppenheimer kept Modine Manufacturing at Outperform, cutting its price target to $215 from $260, a 17.3% reduction. This suggests a 118.1% upside from the Nov 4 close of $98.56. Recent analyst targets for the company range from $178 to $330.
Cantor Fitzgerald maintains Modine Manufacturing at Overweight, lowers price target to $178 from $275
Cantor Fitzgerald kept Modine Manufacturing at Overweight but cut its price target to $178 from $275, a 35.3% reduction. This implies an 80.6% upside from the Nov 4 close of $98.56. Recent analyst targets for the company range from $225 to $330.
Voters' data center rebuke hits some tech companies harder than others
Voters in Ohio approved bans on large data centers, affecting projects by Meta and Amazon. Meta spent $110M on land in Piqua, while Amazon's plans in Trenton were blocked. EdgeConneX's Ashville project continues despite a vote. Over 40% of US planned data center capacity is in states with pauses. Shares of Modine and Sterling Infrastructure fell 21% each, while hyperscaler stocks rose.
Data Center Stocks Just Plunged After the Midterms. Is It Time to Buy the Dip?
Data center stocks fell sharply after Democrats won control of the U.S. Congress, with Texas' election results and potential moratoria on new data centers cited as key concerns. Modine (MOD) dropped 24%, Sterling Infrastructure (STRL) 19%, and Comfort Systems (FIX) 16%, while Vertiv (VRT) and GE Vernova (GEV) each fell 11-12%. Despite this, companies reported strong demand and backlogs, with Vertiv's Q3 sales up 61% and GE Vernova's backlog growing to $197 billion.
Keybanc maintains Modine Manufacturing at Overweight, lowers price target to $225 from $280
Keybanc maintained its Overweight rating for Modine Manufacturing but reduced its price target to $225 from $280, a 19.6% decrease. The new target suggests a 79.4% upside from the Nov 3 closing price of $125.45. Recent analyst notes on the company have set price targets ranging from $275 to $330.