• Analyst Robert W. Baird set a $300.00 price target for Modine Manufacturing Company, implying 64% upside from its current trading price of $182.91.
• The company has strategically narrowed its focus to data center cooling, commercial HVAC, and refrigeration following the spin-off of its Performance Technologies business.
• Modine Manufacturing Company plans significant expansion in Wisconsin, creating up to 300 new jobs to meet rising demand for energy-efficient data center cooling systems.

Modine Manufacturing Company (NYSE:MOD) makes heating and cooling equipment. Robert W. Baird set a $300.00 price target for the stock when Modine Manufacturing Company traded at $182.91. That target implies about 64% upside, though a price target is an analyst’s estimate, not a guarantee.

The target comes as Modine Manufacturing Company narrows its focus. As highlighted by PR Newswire, the company completed the spin-off of its Performance Technologies business and combined it with Gentherm (NASDAQ:THRM) through a Reverse Morris Trust transaction. CEO Neil D. Brinker says the deal lets Modine Manufacturing Company direct more resources toward data center cooling, commercial HVAC and refrigeration.

Modine Manufacturing Company also plans to hire up to 300 people in southeastern Wisconsin to expand production of Airedale cooling systems for data centers. The manufacturing jobs start at $23.00 per hour at its Franklin facility, which opened in September 2025. Modine Manufacturing Company says the hiring reflects rising demand for energy-efficient data center cooling.

Modine Manufacturing Company is up $4.71, or 2.64%, at $182.91. It has traded between $177.00 and $186.08 today, compared with a 52-week range of $111.18 to $323.25. Modine Manufacturing Company’s market capitalization—its total stock market value—is approximately $9.71 billion, and 1.32 million shares have traded.