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/THRM
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Gentherm Inc

Gentherm Inc

THRM
$38.85USD↑+1.36%+0.52 today

MARKET CAP

1.2B

P/E (TTM)

52.5x

FWD P/E

—

DAY RANGE

$38 – $39

52W RANGE

$27
$48

AI Summary

Stalk
Sell NowMedium

THRM is in a Stage 4 Decline, reinforced by a Bearish Pivot Point and a clear pattern of Lower Highs & Lower Lows, signaling downward mean reversion. Price has broken below the 9/20/50 EMA zone on rising volume and is trading beneath intermediate EMAs, indicating seller control. We favor a Sell Now posture into rallies up to the 9/20 EMA and 50 SMA confluence, with the long-term trend remaining intact above the 200-day SMA but under pressure.

  • ↑2025 revenue $1.5 B (+2.9% YoY), guidance at $1.5–1.6 B for 2026
  • ↑Q3 new business awards of $745 M, bringing YTD total to $1.8 B
  • ↓Adjusted EBITDA margin down to 11.7% amid material cost inflation
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Gentherm Inc. (NASDAQ: THRM) is a leader in thermal management technologies, primarily catering to the automotive sector while also expanding into adjacent markets, including medical applications and home comfort solutions. With a strong focus on innovation and customer engagement, Gentherm is strategically positioned to capitalize on the growing demand for climate control and comfort solutions across various industries.

Bull says

  • ↑2025 revenue $1.5 B (+2.9% YoY), guidance at $1.5–1.6 B for 2026
  • ↑Q3 new business awards of $745 M, bringing YTD total to $1.8 B
  • ↑Operating cash flow of $117 M in 2025; net leverage at 0.3x
  • ↑FDA-cleared Thermafix launch set for Q3 2026, targeting medical market
  • ↑Diversification into home, office, medical to add $50–100 M by 2028
  • ↑Strong financial health, positive analyst revisions, low leverage

Bear says

  • ↓Adjusted EBITDA margin down to 11.7% amid material cost inflation
  • ↓Merger with Modine brings integration and standalone division risks
  • ↓Global auto production may decline ~3% in 2026, pressuring revenues
  • ↓Q2–Q3 2026 margins expected to compress under inflationary headwinds
  • ↓Missed adjacent-market targets could weaken investor confidence
  • ↓Weak profitability metrics and high short interest signal caution

Investment themes with THRM

Automobiles & Components↑ +0.51%

Car manufacturers and auto parts suppliers

TM · CPRT · MOD

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-19-2026neutral

Transcript signals

Bull points

  • We received a significant award from Ford on their F-Series platform, which reinforces that GenTherm thermal and pneumatic products are not just focused on the luxury vehicle segment but they are becoming the customer standard and applicable to large volume platforms.
  • reinforces that gen therm thermal and pneumatic products are not just focused on the luxury vehicle segment but they are becoming the customer standard and applicable to large volume platforms.
  • In the second quarter, automotive climate and comfort solutions outperformed actual light vehicle production in our key markets by 10 basis points, excluding FX.

Bear points

  • we did have strong outperformance in North America and Europe, weighed down by underperformance in Asia, where our share does not currently represent the market.
  • Second quarter revenue decreased 0.2% compared to the same period last year. Foreign exchange adjusted revenues decreased 1.6%.
  • Medical revenue decreased 3.8% year-over-year, or 4.8%, excluding the impact of FX.
Read full transcript analysis ›