Track market-moving stories before they get noisy

On June 01, 2026, we delve into the DCF analysis for KLA Corp (KLAC), a company that has shown remarkable price performance over the past year, with a year-to-d

Key Takeaways KLA's fiscal third-quarter revenues rose 11% year over year to $3.42 billion on stronger demand.KLAC expects the growth of semiconductor process control systems to be more than 20% in 2026.KLA said its process control market share has expanded 360 basis points since 2021. KLA Corporation (KLAC - Free Report) is seeing growing benefits from rising process control intensity across the semiconductor industry, a trend that could support its next phase of growth.

As chip designs become more complex, semiconductor manufacturers are increasing investments in inspection, metrology and yield-management tools to improve production efficiency. KLA believes process control is becoming more critical as customers deal with faster product cycles, higher-value wafers, greater design complexity and advanced manufacturing requirements.

The company’s recent performance highlights this trend. In the fiscal third quarter of 2026, revenues increased 11% year over year to $3.42 billion, driven by stronger investments in leading-edge foundry and logic technologies as well as high-bandwidth memory. Management expects the semiconductor process control systems business to grow more than 20% in 2026, outpacing the broader wafer fabrication equipment market.

KLA’s leadership position in process control also continues to strengthen. The company noted that its share of the process control market has expanded 360 basis points since 2021 and is now roughly seven times larger than that of the nearest competitor. Market-share gains across inspection and metrology categories further reinforce its competitive position.

Another growth driver is the industry’s increasing focus on yield improvement. With semiconductor demand remaining strong and advanced capacity limited, chipmakers are looking for ways to extract higher output from existing facilities. Management highlighted that adding process control tools is often one of the fastest and most effective ways to improve yields and optimize production.

As semiconductor manufacturing becomes more sophisticated, demand for process control solutions is likely to rise. Supported by growing process complexity, expanding market share and increasing customer investments in yield optimization, KLA appears well positioned to benefit from this long-term industry trend.

KLA’s Competitive LandscapeKLA shares competitive space with Advanced Energy Industries, Inc. (AEIS - Free Report) and MKS Inc. (MKSI - Free Report) in the semiconductor and AI-driven chip manufacturing market.

Advanced Energy is benefiting from strong demand tied to AI infrastructure, data center investments and semiconductor capacity expansion. The company continues to gain traction from its eVoS, eVerest and NavX technologies, which support leading-edge semiconductor manufacturing through higher throughput and yield improvements. Advanced Energy is also expanding its manufacturing footprint and capacity to boost rising demand across semiconductor and data center markets.

Meanwhile, MKS benefits from broad exposure to semiconductor and electronics packaging markets. The company is seeing strong momentum in DRAM, logic and foundry applications, supported by rising investments in AI infrastructure and high-bandwidth memory. MKS is also gaining from growing packaging complexity as AI applications increase demand for advanced PCB, chemistry and packaging solutions.

KLA operates differently within the semiconductor value chain, focusing primarily on process control, inspection and metrology solutions. Rising advanced packaging demand, increasing chip complexity and higher process control intensity continue to support KLA’s positioning in leading-edge semiconductor manufacturing.

Overall, KLA benefits from growing demand for process control solutions, Advanced Energy gains from rising adoption of power technologies in semiconductor and AI infrastructure markets, while MKS leverages broad semiconductor and advanced packaging exposure, creating distinct positioning across the semiconductor ecosystem.

KLAC Stock’s Price Performance & Valuation TrendShares of this California-based equipment manufacturer have appreciated 68.4% year to date, outperforming the Zacks Electronics - Miscellaneous Products industry, the Zacks Computer & Technology sector and the S&P 500 Index.

Image Source: Zacks Investment Research

KLAC stock is currently trading at a premium compared with its industry peers, with a forward 12-month price-to-earnings (P/E) ratio of 41.88, as shown in the chart below.

Image Source: Zacks Investment Research

Earnings Estimate Trend of KLACFor fiscal 2026 and 2027, the Zacks Consensus Estimate for KLAC’s earnings has moved up over the past 60 days by 1.2% and 5.1%, respectively. The estimated figures for fiscal 2026 and 2027 reflect year-over-year increases of 11.4% and 34.3%, respectively.

Image Source: Zacks Investment Research

KLA currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

In the latest trading session, KLA (KLAC - Free Report) closed at $1,929.20, marking a -9.47% move from the previous day. This move lagged the S&P 500's daily loss of 2.65%. Elsewhere, the Dow lost 1.35%, while the tech-heavy Nasdaq lost 4.18%.

Shares of the maker of equipment for manufacturing semiconductors witnessed a gain of 20.86% over the previous month, beating the performance of the Computer and Technology sector with its gain of 10.37%, and the S&P 500's gain of 5.47%.

The investment community will be closely monitoring the performance of KLA in its forthcoming earnings report. The company is forecasted to report an EPS of $9.97, showcasing a 6.29% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.59 billion, up 13.14% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $37.06 per share and a revenue of $13.52 billion, indicating changes of +11.36% and +11.19%, respectively, from the former year.

Investors should also pay attention to any latest changes in analyst estimates for KLA. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. KLA currently has a Zacks Rank of #2 (Buy).

From a valuation perspective, KLA is currently exchanging hands at a Forward P/E ratio of 57.5. Its industry sports an average Forward P/E of 29.16, so one might conclude that KLA is trading at a premium comparatively.

We can additionally observe that KLAC currently boasts a PEG ratio of 3.16. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Electronics - Miscellaneous Products was holding an average PEG ratio of 1.66 at yesterday's closing price.

The Electronics - Miscellaneous Products industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 64, putting it in the top 27% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

KLA trades near a 52-week high after a 45% rally, supported by strong execution, advanced packaging growth and rising process-control demand.

Barclays reiterates Overweight ratings on Applied Materials and KLA amid strong investment in new chip supply.

In the latest close session, ChargePoint Holdings, Inc. (CHPT - Free Report) was down 1.15% at $6.89. The stock's change was less than the S&P 500's daily gain of 0.8%. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, added 1.63%.

Prior to today's trading, shares of the company had gained 34.56% outpaced the Auto-Tires-Trucks sector's gain of 0.48% and the S&P 500's gain of 8.11%.

Investors will be eagerly watching for the performance of ChargePoint Holdings, Inc. in its upcoming earnings disclosure. The company is predicted to post an EPS of -$1.11, indicating a 7.5% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $94.86 million, down 2.85% from the year-ago period.

For the annual period, the Zacks Consensus Estimates anticipate earnings of -$3.81 per share and a revenue of $415.98 million, signifying shifts of +16.81% and +1.16%, respectively, from the last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for ChargePoint Holdings, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.32% lower. Right now, ChargePoint Holdings, Inc. possesses a Zacks Rank of #3 (Hold).

The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 176, finds itself in the bottom 28% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

In the latest close session, ChargePoint Holdings, Inc. (CHPT - Free Report) was down 3.14% at $6.16. This change lagged the S&P 500's 0.38% loss on the day. Elsewhere, the Dow saw a downswing of 0.63%, while the tech-heavy Nasdaq depreciated by 0.13%.

Heading into today, shares of the company had gained 24.46% over the past month, outpacing the Auto-Tires-Trucks sector's gain of 9.14% and the S&P 500's gain of 11.41%.

The investment community will be paying close attention to the earnings performance of ChargePoint Holdings, Inc. in its upcoming release. The company is expected to report EPS of -$1.11, up 7.5% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $94.86 million, down 2.85% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of -$3.81 per share and a revenue of $415.98 million, demonstrating changes of +16.81% and +1.16%, respectively, from the preceding year.

Any recent changes to analyst estimates for ChargePoint Holdings, Inc. should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Currently, ChargePoint Holdings, Inc. is carrying a Zacks Rank of #4 (Sell).

The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 190, putting it in the bottom 23% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

ChargePoint Holdings, Inc. (CHPT - Free Report) closed the most recent trading day at $6.63, moving -2.64% from the previous trading session. This change lagged the S&P 500's daily loss of 1.24%. At the same time, the Dow lost 1.07%, and the tech-heavy Nasdaq lost 1.54%.

Shares of the company have appreciated by 10.02% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 12.06%, and outperforming the S&P 500's gain of 7.72%.

Analysts and investors alike will be keeping a close eye on the performance of ChargePoint Holdings, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on June 3, 2026. The company is expected to report EPS of -$1.11, up 7.5% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $94.86 million, indicating a 2.85% decline compared to the corresponding quarter of the prior year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$3.81 per share and revenue of $415.98 million. These totals would mark changes of +16.81% and +1.16%, respectively, from last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for ChargePoint Holdings, Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. ChargePoint Holdings, Inc. currently has a Zacks Rank of #3 (Hold).

The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 166, placing it within the bottom 32% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow CHPT in the coming trading sessions, be sure to utilize Zacks.com.

-

Seasoned enterprise technology executive joins ChargePoint to lead global go-to-market strategy, marketing, revenue operations, and new market growth as the company advances its three-year transformation strategy

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in electric vehicle (EV) charging solutions, today announced the appointment of Jyothi Swaroop as Chief Marketing and Growth Officer. In this role, Swaroop will lead ChargePoint’s global go-to-market strategy, including marketing, go-to-market operations, sales enablement, growth initiatives, partner monetization, and new market expansion.

Swaroop joins ChargePoint at a pivotal moment in the Company’s transformation as it sharpens its focus on profitable growth, platform expansion, strategic partnerships, and long-term category leadership. Reporting directly to CEO Rick Wilmer, Swaroop will play a central role in advancing ChargePoint’s three-year strategy by strengthening the Company’s market position, expanding its growth engine, and elevating its narrative with customers, partners, drivers, and investors.

“ChargePoint is entering a new phase — one defined not only by operational discipline, but by growth, execution, and market leadership,” said Rick Wilmer, Chief Executive Officer of ChargePoint. “Jyothi brings the rare combination of enterprise technology depth, go-to-market rigor, strategic storytelling, and growth leadership that this moment requires. As electrification expands beyond passenger vehicles into fleets, logistics, autonomous systems, robotics, energy infrastructure, and intelligent software-defined mobility, ChargePoint has an opportunity to lead a much larger market than the industry has historically understood. Jyothi will help us define that opportunity, execute against it, and make it real.”

As Chief Marketing and Growth Officer, Swaroop will be responsible for unifying ChargePoint’s global GTM motion globally, strengthening revenue generation and pipeline conversion, scaling partner-led growth, expanding market awareness, and building a modern product and platform narrative that reflects the company’s role in the future of electrification.

The appointment underscores ChargePoint’s belief that EV charging is evolving from a hardware deployment market into a broader intelligent electrification platform opportunity. As mobility becomes more connected, autonomous, software-defined, and energy-aware, charging infrastructure will play a critical role in enabling new categories of demand — from commercial fleets and logistics networks to autonomous driving, robotics, energy management, smart buildings, and eventually AI-enabled physical infrastructure.

“ChargePoint is one of the few companies with the scale, software platform, customer footprint, and operating history to help define the next era of intelligent electrification,” said Jyothi Swaroop, Chief Marketing and Growth Officer of ChargePoint. “The market opportunity ahead goes way beyond EV charging infrastructure. The future will require an intelligent, connected, reliable energy layer that supports how people, fleets, machines, autonomous systems, AI data centers and physical infrastructure move and operate. My focus is simple: sharpen the narrative, scale the GTM engine, monetize our partnerships, expand our market reach, and help ChargePoint grow with the urgency and ambition this category demands.”

Swaroop brings extensive experience leading global marketing, sales, business development, sales enablement, and revenue operations for enterprise technology companies such as Oracle, Dell EMC, Veritas and DDN, among others. He has built and scaled go-to-market organizations in highly competitive markets, led brand transformations, developed strategic partner ecosystems, and positioned companies at the intersection of infrastructure, software, AI, and enterprise adoption.

His appointment comes as ChargePoint continues to execute against its strategic priorities: expanding software and services revenue, improving operating leverage, deepening strategic partnerships, strengthening its position across North America and Europe, and building the platform foundation required for the next generation of electrified transportation and energy use cases.

ChargePoint and the ChargePoint logo are trademarks of ChargePoint, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.

About ChargePoint Holdings, Inc.

ChargePoint has established itself as the leader in electric vehicle (EV) charging innovation since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to over 1.37 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 21 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office.

CHPT-IR

More News From ChargePoint Holdings, Inc.

Back to Newsroom

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE: CHPT), a global leader in electric vehicle (EV) charging solutions, and Powers Parts, a national distributor of electric and advanced mobility components, today announced a new partnership to accelerate transit electrification across North America.

“Transit is critical to the broader electrification of transportation, delivering a healthier option for communities and transit riders, as well as superior experience for the drivers," said Rick Wilmer, CEO of ChargePoint. "As the market continues to grow it will need reliable charging infrastructure and support. Our partnership with Powers Parts expands our reach across the transit ecosystem, connecting their proven relationships with our scalable charging and telematics solutions.”

Through the partnership, transit agencies operating E2 and ZX5 Phoenix EV buses can purchase ChargePoint hardware, software, and services directly through Powers Parts, streamlining procurement and deployment via Power Parts’ established distribution channel. Together, ChargePoint and Powers Parts provide a seamless process for transit agencies to go electric with industry-leading, reliable DC fast charging infrastructure that optimizes vehicle uptime.

“We initially built Powers Parts to solve critical supply chain and replacement part challenges facing electric transit fleets. As our relationships with agencies grew, it became increasingly clear that fleet uptime depended on much more than parts availability alone. Agencies needed support across charging infrastructure, telematics, diagnostics, and long-term fleet management. Our partnership with ChargePoint is a natural extension of that evolution — delivering a more comprehensive operational support ecosystem for transit operators navigating electrification.”

There are many transit agencies currently operating E2 and ZX5 Phoenix EV buses and associated charging solutions in the field without proper service and support. The ChargePoint and Powers Parts partnership directly addresses these challenges by combining ChargePoint’s proven hardware, software, and telematics platform with Powers Parts’ deep relationships and distribution network across the transit ecosystem.

ChargePoint’s fleet management software provides fleet customers with powerful tools to increase operational and route efficiency from a single interface. The telematics platform integrates with all vehicle types and charging stations, no matter the manufacturer. The platform provides fleet operators with real-time visibility, advanced reporting and analysis, as well as battery health and performance data to optimize vehicle uptime and total cost of ownership (TCO) savings. Critically, ChargePoint’s telematics works with mixed-fuel fleets, and is not exclusive to EVs. ChargePoint fleet management software is OCPP compliant, enabling it to manage third party hardware solutions.

ChargePoint and the ChargePoint logo are trademarks of ChargePoint, Inc. in the United States and in jurisdictions throughout the world. All other trademarks, trade names, or service marks used or mentioned herein belong to their respective owners.

About ChargePoint Holdings, Inc.

ChargePoint has established itself as the leader in electric vehicle (EV) charging innovation since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to over 1.37 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 21 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office.

About Powers Parts

Powers Parts is a national distributor specializing in electric vehicle components, drivetrain systems, thermal management solutions, and critical fleet replacement parts. The company supports transit agencies, commercial fleet operators, and OEM partners with responsive service, technical expertise, and reliable supply chain execution.

CHPT-IR

ChargePoint Holdings, Inc. (CHPT - Free Report) ended the recent trading session at $7.59, demonstrating a -2.69% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.22% for the day. At the same time, the Dow added 0.72%, and the tech-heavy Nasdaq gained 0.21%.

The company's stock has climbed by 21.68% in the past month, exceeding the Auto-Tires-Trucks sector's gain of 12.01% and the S&P 500's gain of 6.04%.

Analysts and investors alike will be keeping a close eye on the performance of ChargePoint Holdings, Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on June 3, 2026. The company's earnings per share (EPS) are projected to be -$1.11, reflecting a 7.5% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $94.86 million, indicating a 2.85% decline compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates project earnings of -$3.81 per share and a revenue of $415.98 million, demonstrating changes of +16.81% and +1.16%, respectively, from the preceding year.

Any recent changes to analyst estimates for ChargePoint Holdings, Inc. should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. ChargePoint Holdings, Inc. is holding a Zacks Rank of #3 (Hold) right now.

The Automotive - Original Equipment industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 144, finds itself in the bottom 41% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint Holdings, Inc. (NYSE:CHPT) (“ChargePoint” or the "Company"), a leading provider of electric vehicle (EV) charging solutions, today reported its financial results for the first quarter of fiscal year 2027, which ended April 30, 2026.

“Q1 was a strong start to the year for ChargePoint, as we exceeded the high end of our guidance, delivered a third consecutive quarter of year-over-year growth, and maintained strong margins with continued cost discipline,” said Rick Wilmer, President and Chief Executive Officer. “ChargePoint is entering the year focused on accelerating growth, driven by innovation like the new Express Solo, the world’s fastest standalone EV charger. We’ve also strengthened our leadership team with the addition of Jyothi Swaroop as Chief Marketing and Growth Officer, positioning us to fully capitalize on this momentum and the innovation ahead.”

First Quarter Fiscal 2027 Financial Overview

Revenue. First quarter revenue was $101.8 million, up 4% from $97.6 million in the prior year’s same quarter. Networked charging systems revenue for the first quarter was $53.3 million, up 2% from $52.1 million in the prior year’s same quarter. Subscription revenue was $40.8 million, up 7% from $38.0 million in the prior year’s same quarter. Gross Margin. First quarter GAAP gross margin was 29% as compared to 29% in the prior year's same quarter, and non-GAAP gross margin was 32% as compared to 31% in the prior year's same quarter. Operating Expenses. First quarter GAAP operating expenses were $76.8 million, down 6% from $81.8 million in the prior year's same quarter. Non-GAAP operating expenses were $54.4 million, down 4% from $56.7 million in the prior year's same quarter. Net Income/Loss. First quarter GAAP net loss was $43.2 million, down 24% from $57.1 million in the prior year's same quarter. Additionally, non-GAAP net loss was $18.3 million, down 39% from $30.0 million in the prior year's same quarter and non-GAAP adjusted EBITDA loss was $19.2 million, down 16% from $22.8 million in the prior year's same quarter. Liquidity. As of April 30, 2026, cash and cash equivalents on the balance sheet was $95.8 million. Shares Outstanding. As of April 30, 2026, ChargePoint had approximately 26 million shares of common stock outstanding. Business Highlights

ChargePoint launched Express Solo, the world’s fastest standalone EV charger for mass-market passenger EVs, capable of delivering up to 600 kW charging speed to a single port. ChargePoint appointed Jyothi Swaroop as Chief Marketing and Growth Officer, leading global go-to-market strategy, including marketing, go-to-market operations, sales enablement, growth initiatives, partner monetization, and new market expansion. ChargePoint and OBE Power, a leading a charge point owner, partnered to deploy approximately 2,500 charging ports at multifamily residences, starting this year. ChargePoint secured one of its largest transit fleet order to-date, delivering DC fast charging solutions to support Santa Monica’s Big Blue Bus fleet of e-buses, as part of the transit agency’s goal of total electrification by 2032. Second Quarter of Fiscal 2027 Guidance

For the second fiscal quarter ending July 31, 2026, ChargePoint expects revenue of $100 million to $110 million.

Conference Call Information

ChargePoint will host a conference call to review the Company’s financial results at 1:30 p.m. Pacific (4:30 p.m. Eastern time) today.

A live webcast of the conference call will be available at https://events.q4inc.com/attendee/642160823. Participants can also access the conference call by dialing +1 (833) 461 5787 (North America) and entering Conference ID 642160823. For international dial-in information, please visit: https://help.events.q4inc.com/eahc/international-dial-in-numbers. A recording will be available after the conclusion of the webcast and archived for one year on ChargePoint’s investor relations website. A copy of the press release with the financial results will be also available on ChargePoint’s investor relations website prior to the commencement of the webcast.

About ChargePoint

ChargePoint has established itself as the leader in electric vehicle (EV) charging innovation since its inception in 2007, long before EVs became widely available. The company provides comprehensive solutions tailored to the entire EV ecosystem, from the grid to the dashboard of the vehicle. The company serves EV drivers, charging station owners, vehicle manufacturers, and similar types of stakeholders. With a commitment to accessibility and reliability, ChargePoint’s extensive portfolio of software, hardware, and services ensures a seamless charging experience for drivers across North America and Europe. ChargePoint empowers every driver in need of charging access, connecting them to over 1.4 million public and private charging ports worldwide. ChargePoint has facilitated the powering of more than 21 billion electric miles, underscoring its dedication to reducing greenhouse gas emissions and electrifying the future of transportation. For further information, please visit the ChargePoint pressroom or the ChargePoint Investor Relations site. For media inquiries, contact the ChargePoint press office.

Forward-Looking Statements

This press release contains forward-looking statements that involve risks, uncertainties, and assumptions including statements regarding our projected revenue for the second quarter of fiscal year 2027. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: macroeconomic trends including changes in or sustained inflation, interest rate volatility, increased tariffs or other events beyond our control on the overall economy which may reduce demand for our products and services; geopolitical events and conflicts; adverse impacts to our business and those of our customers and suppliers, including due to supply chain disruptions, component shortages, and associated logistics expense increases; our ability as an organization to successfully acquire, integrate or partner with other companies, products or technologies in a successful manner such as our partnership efforts with Eaton Corporation; our dependence on widespread acceptance and adoption of EVs, including any delays or modifications to auto manufacturers' plans and strategies to transition to predominately manufacture EVs and any corresponding decreased demand for installation of charging stations; our current dependence on sales of charging stations for the majority of our revenues; overall demand for EV charging and the potential for reduced demand for EVs if governmental policies, rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of EVs or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; our ability, and our reliance on our customers, to successfully implement, construct and manage state, federal and local charging infrastructure programs in accordance with the respective terms of such program in order to validly secure and obtain awarded funding and win additional grant opportunities; our reliance on contract manufacturers, including those located outside the United States, may result in supply chain interruptions, delays and expense increases which may adversely affect our sales, revenue and gross margins; our ability to expand our operations and market share in Europe; the need to attract additional fleet operators as customers; potential adverse effects on our revenue and gross margins due to delays and costs associated with new product introductions, such as our new AC and Express DC fast charging product architectures, inventory obsolescence, component shortages and related expense increases; the ability or success of our new AC and Express DC fast charging product architectures to result in an increased demand for charging products by commercial, residential and fleet charging customers; adverse impact to our revenues and gross margins if customers increasingly claim clean energy credits and, as a result, they are no longer available to be claimed by us; the effects of competition; risks related to our dependence on our intellectual property; and the risk that our technology could have undetected defects or errors. Additional risks and uncertainties that could affect our financial results are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 2, 2026, which is available on our website at investors.chargepoint.com and on the SEC’s website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.

Use of Non-GAAP Financial Measures

ChargePoint has provided financial information in this press release that has not been prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). ChargePoint uses these non-GAAP financial measures internally in analyzing its financial results. ChargePoint believes that the use of these non-GAAP financial measures is useful to investors to evaluate ongoing operating results and trends and believes they provide meaningful supplemental information to investors regarding ChargePoint’s underlying operating performance because they exclude items ChargePoint believes are unrelated to, and may not be indicative of, its core operating results.

The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with ChargePoint’s condensed consolidated financial statements prepared in accordance with GAAP. A reconciliation of ChargePoint’s historical non-GAAP financial measures to their most directly comparable GAAP measures has been provided in the financial statement tables included in this press release, and investors are encouraged to review these reconciliations.

Non-GAAP Gross Profit (Gross Margin). ChargePoint defines non-GAAP gross profit as gross profit excluding stock-based compensation expense, amortization expense of acquired intangible assets and restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs. Non-GAAP gross margin is non-GAAP gross profit as a percentage of revenue.

Non-GAAP Cost of Revenue and Operating Expenses (includes Non-GAAP research and development, Non-GAAP sales and marketing and Non-GAAP general and administrative). ChargePoint defines non-GAAP cost of revenue and operating expenses as cost of revenue and operating expenses excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, and non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees.

Non-GAAP Net Loss. ChargePoint defines non-GAAP net loss as net loss excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, and non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees. These amounts reflect the impact of any related tax effects. Non-GAAP pre-tax net loss is non-GAAP net loss adjusted for provision for income taxes.

Non-GAAP Adjusted EBITDA Loss. ChargePoint defines non-GAAP adjusted EBITDA loss as net loss excluding stock-based compensation expense, amortization expense of acquired intangible assets, restructuring costs for severances and employment-related termination costs, and facility and other contract termination costs, non-cash charges related to tax liabilities, litigation settlements and other non-recurring transaction costs, including associated non-recurring legal expenses and professional service fees, and further adjusted for provision of income taxes, depreciation, interest income and expense, and other income and expense (net).

Investors are cautioned that there are a number of limitations associated with the use of non-GAAP financial measures to analyze financial results and trends. In particular, many of the adjustments to ChargePoint’s GAAP financial measures reflect the exclusion of items that are recurring and will be reflected in its financial results for the foreseeable future, such as stock-based compensation, which is an important part of ChargePoint’s employees’ compensation and impacts hiring, retention and performance. Furthermore, these non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP, and the components that ChargePoint excludes in its calculation of non-GAAP financial measures may differ from the components that other companies exclude when they report their non-GAAP results. In the future, ChargePoint may also exclude other expenses it determines do not reflect the performance of ChargePoint’s operating results.

CHPT-IR

  ChargePoint Holdings, Inc.

PRELIMINARY CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share amounts; unaudited)

  Three Months Ended

April 30,

2026

2025

Revenue

Networked Charging Systems

$

53,307

$

52,059

Subscriptions

40,775

38,020

Other

7,737

7,561

Total revenue

101,819

97,640

Cost of revenue

Networked Charging Systems

48,954

48,638

Subscriptions

17,920

15,366

Other

5,323

5,650

Total cost of revenue

72,197

69,654

Gross profit

29,622

27,986

Operating expenses

Research and development

35,597

33,510

Sales and marketing

23,594

26,192

General and administrative

17,585

22,124

Total operating expenses

76,776

81,826

Loss from operations

(47,154

)

(53,840

)

Interest income

336

1,164

Interest expense

(274

)

(6,436

)

Other income (expense), net

5,096

2,613

Net loss before income taxes

(41,996

)

(56,499

)

Provision for income taxes

1,208

622

Net loss

$

(43,204

)

$

(57,121

)

Net loss per share, basic and diluted

$

(1.75

)

$

(2.49

)

Weighted average shares outstanding, basic and diluted

24,630,127

22,952,278

  ChargePoint Holdings, Inc.

PRELIMINARY CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, unaudited)

  April 30, 2026

January 31, 2026

Assets

Current assets:

Cash and cash equivalents

$

95,779

$

141,564

Restricted cash

400

400

Accounts receivable, net

80,555

86,132

Inventories

203,596

214,903

Prepaid expenses and other current assets

20,735

19,028

Total current assets

401,065

462,027

Property and equipment, net

22,437

24,665

Intangible assets, net

56,664

60,534

Operating lease right-of-use assets

9,518

11,450

Goodwill

225,767

227,938

Other assets

5,538

5,631

Total assets

$

720,989

$

792,245

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

$

77,885

$

90,094

Accrued and other current liabilities

137,122

141,723

Deferred revenue

119,072

119,381

Debt, current

15,598

32,371

Total current liabilities

349,677

383,569

Deferred revenue, noncurrent

129,575

131,200

Debt, noncurrent

224,135

228,480

Operating lease liabilities

9,504

10,677

Deferred tax liabilities

12,358

13,038

Other long-term liabilities

4,842

3,982

Total liabilities

730,091

770,946

Stockholders' equity (deficit):

Common stock

2

2

Additional paid-in capital

2,145,153

2,128,764

Accumulated other comprehensive income

582

4,168

Accumulated deficit

(2,154,839

)

(2,111,635

)

Total stockholders' equity (deficit)

(9,102

)

21,299

Total liabilities and stockholders' equity (deficit)

$

720,989

$

792,245

  ChargePoint Holdings, Inc.

PRELIMINARY CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands, unaudited)

  Three Months Ended

April 30,

2026

2025

Cash flows from operating activities

Net loss

$

(43,204

)

$

(57,121

)

Adjustments to reconcile net loss to net cash used in operating activities:

Depreciation and amortization

6,332

6,928

Non-cash operating lease cost

837

876

Stock-based compensation

10,595

17,863

Amortization of deferred contract acquisition costs

780

844

Paid-in-kind non-cash interest expense

387

9,397

Foreign currency transaction (gain) loss

321

(3,499

)

Reserves and other

(9,538

)

1,644

Changes in operating assets and liabilities:

Accounts receivable, net

5,470

(13

)

Inventories

15,749

2,816

Prepaid expenses and other assets

(2,486

)

(10,703

)

Accounts payable, operating lease liabilities, and accrued and other liabilities

(20,331

)

(6,418

)

Deferred revenue

(1,472

)

4,418

Net cash used in operating activities

(36,560

)

(32,968

)

Cash flows from investing activities

Purchases of property and equipment

(1,137

)

(1,060

)

Net cash used in investing activities

(1,137

)

(1,060

)

Cash flows from financing activities

Repayment of borrowings

(9,625

)

—

Proceeds from the issuance of common stock under employee equity plans, net of tax withholding

428

1,288

Change in driver funds and amounts due to customers

1,643

1,149

Net cash (used in) provided by financing activities

(7,554

)

2,437

Effect of exchange rate changes on cash, cash equivalents, and restricted cash

(534

)

2,969

Net decrease in cash, cash equivalents, and restricted cash

(45,785

)

(28,622

)

Cash, cash equivalents, and restricted cash at beginning of period

141,964

224,971

Cash, cash equivalents, and restricted cash at end of period

$

96,179

$

196,349

  ChargePoint Holdings, Inc.

RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES

(In thousands, unaudited)

  Three Months Ended
April 30, 2026

Three Months Ended
April 30, 2025

Cost of Revenue:

GAAP cost of revenue (as a percentage of revenue)

$

72,197

71

%

$

69,654

71

%

Stock-based compensation expense

(991

)

(1,223

)

Amortization of intangible assets

(803

)

(766

)

Restructuring costs (1)

(730

)

—

Non-GAAP cost of revenue (as a percentage of revenue)

$

69,673

68

%

$

67,665

69

%

Gross Profit:

GAAP gross profit (gross margin as a percentage of revenue)

$

29,622

29

%

$

27,986

29

%

Stock-based compensation expense

991

1,223

Amortization of intangible assets

803

766

Restructuring costs (1)

730

—

Non-GAAP gross profit (gross margin as a percentage of revenue)

$

32,146

32

%

$

29,975

31

%

Operating Expenses:

GAAP research and development (as a percentage of revenue)

$

35,597

35

%

$

33,510

34

%

Stock-based compensation expense

(5,432

)

(8,614

)

Restructuring costs (1)

(4,122

)

—

Non-GAAP research and development (as a percentage of revenue)

$

26,043

26

%

$

24,896

25

%

GAAP sales and marketing (as a percentage of revenue)

$

23,594

23

%

$

26,192

27

%

Stock-based compensation expense

(1,882

)

(3,079

)

Amortization of intangible assets

(2,410

)

(2,275

)

Restructuring costs (1)

(1,681

)

—

Non-GAAP sales and marketing (as a percentage of revenue)

$

17,621

17

%

$

20,838

21

%

GAAP general and administrative (as a percentage of revenue)

$

17,585

17

%

$

22,124

23

%

Stock-based compensation expense

(2,290

)

(4,947

)

Restructuring costs (1)

(1,826

)

—

Other adjustments (2)

(2,691

)

(6,259

)

Non-GAAP general and administrative (as a percentage of revenue)

$

10,778

11

%

$

10,918

11

%

GAAP Operating Expenses (as a percentage of revenue)

$

76,776

75

%

$

81,826

84

%

Stock-based compensation expense

(9,604

)

(16,640

)

Amortization of intangible assets

(2,410

)

(2,275

)

Restructuring costs (1)

(7,629

)

—

Other adjustments (2)

(2,691

)

(6,259

)

Non-GAAP Operating Expenses (as a percentage of revenue)

$

54,442

53

%

$

56,652

58

%

Net Loss:

GAAP net loss (as a percentage of revenue)

$

(43,204

)

(42

)%

$

(57,121

)

(59

)%

Stock-based compensation expense

10,595

17,863

Amortization of intangible assets

3,213

3,041

Restructuring costs (1)

8,359

—

Other adjustments (2)

2,691

6,259

Non-GAAP net loss (as a percentage of revenue)

$

(18,346

)

(18

)%

$

(29,958

)

(31

)%

Provision for income taxes

1,208

622

Non-GAAP pre-tax net loss (as a percentage of revenue)

$

(17,138

)

(17

)%

$

(29,336

)

(30

)%

Depreciation

3,119

3,887

Interest income

(336

)

(1,164

)

Interest expense

274

6,436

Other expense (income), net

(5,096

)

(2,613

)

Non-GAAP Adjusted EBITDA Loss (as a percentage of revenue)

$

(19,177

)

(19

)%

$

(22,790

)

(23

)%

More News From ChargePoint Holdings, Inc.

ChargePoint Holdings, Inc. (CHPT - Free Report) came out with a quarterly loss of $0.74 per share versus the Zacks Consensus Estimate of a loss of $1.11. This compares to a loss of $1.2 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this company would post a loss of $1.07 per share when it actually produced a loss of $0.54, delivering a surprise of +49.53%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

ChargePoint, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $101.82 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 7.34%. This compares to year-ago revenues of $97.64 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

ChargePoint shares have added about 23% since the beginning of the year versus the S&P 500's gain of 11.2%.

What's Next for ChargePoint?While ChargePoint has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for ChargePoint was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$1.01 on $101.94 million in revenues for the coming quarter and -$3.81 on $415.98 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

VinFast Auto Ltd. (VFS - Free Report) , another stock in the broader Zacks Auto-Tires-Trucks sector, has yet to report results for the quarter ended March 2026.

This company is expected to post quarterly loss of $0.31 per share in its upcoming report, which represents a year-over-year change of -3.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

VinFast Auto Ltd.'s revenues are expected to be $1.09 billion, up 66.7% from the year-ago quarter.

ChargePoint Holdings, Inc. (CHPT) Q1 2027 Earnings Call Transcript

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Shareholders should contact the firm immediately as there may be limited time to enforce your rights. 

, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of ChargePoint Holdings, Inc. (NYSE: CHPT) breached their fiduciary duties to shareholders.

If you currently own ChargePoint stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved financial incentive award, or other relief and benefits. Please click here to learn more about your legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected].

Why Your Participation Matters:

Shareholder involvement can help improve a company's policies, practices, and oversight mechanisms to create a more transparent, accountable, and effectively managed organization, which can enhance shareholder value.

Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:
Halper Sadeh LLC
One World Trade Center
85th Floor
New York, NY 10007
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
[email protected]
[email protected]
https://www.halpersadeh.com

SOURCE Halper Sadeh LLP

NOVI, Mich., March 19, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced the official product launch with KUKA Home in Asia, extending Gentherm’s scalable technology platforms beyond automotive into home furniture applications. The launch is a result of our previous announcement in October 2025.

These programs highlight Gentherm’s role as a collaborative innovation partner, working closely with KUKA from concept through production. Gentherm combines consumer‑informed wellness insights and real‑world integration expertise with scalable roadmaps that help partners bring differentiated comfort experiences to market and communicate that value to end customers. For these specific KUKA programs, KUKA has chosen to feature ‘Enhanced Comfort by Gentherm’ as the co‑branded program identifier, reinforcing Gentherm’s role as a value-adding innovation partner.

“Securing new business with a leading global furniture brand is clear validation of the portability and scalability of our technologies beyond automotive,” said Bill Presley, President & CEO, Gentherm. “This award is another proof point that we can take proven thermal and pneumatic comfort technologies and bring them into new applications—moving quickly from development to production while delivering the quality, performance, and speed-to-market our partners expect.”

The KUKA programs mark an important step in Gentherm’s continued expansion into growth markets, demonstrating how its core technologies can be rapidly deployed across diverse use cases—accelerating time to market while maintaining the performance, integration quality, and consumer experience standards established in automotive applications.

Investor Contact  
Gregory Blanchette 
[email protected]  
248.308.1702  

Media Contact  
Haley Baur 
[email protected]  
248.289.9711  

About Gentherm  
Gentherm (NASDAQ: THRM) is a global market leader of innovative thermal management and pneumatic comfort technologies. Automotive products include Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities across 13 countries. In 2025, the company recorded annual sales of approximately $1.5 billion and secured $2.2 billion in automotive new business awards. For more information, go to www.gentherm.com.  

About KUKA 

KUKA Home (Stock Code: 603816), established in 1982, is a multinational corporation specializing in integrated home furnishing solutions, with its global headquarters located in Hangzhou, China.  Anchored in its brand philosophy of "Caring Homes, Cherishing Families," KUKA Home is dedicated to delivering healthy, comfortable, and sustainable home furnishing products and lifestyle solutions to households worldwide.

The company achieved annual revenue of CNY 22.051 billion in 2024, representing a year-on-year increase of 14.8%. Its business is structured around three core segments: upholstered furniture, custom furniture, and integrated home solutions. The upholstered furniture division serves as the foundation of its operations, featuring a comprehensive portfolio that encompasses sofas, soft beds, mattresses, and functional seating. This segment is distinguished by its in-house R&D and design capabilities, deep expertise in ergonomic comfort, and advanced, precision manufacturing at scale. With a global network of over 6,000 branded retail outlets, KUKA Home markets its products across more than 120 countries and regions.

Forward-Looking Statements 
Except for historical information contained herein, statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Gentherm Incorporated's goals, beliefs, plans and expectations about its prospects for the future and other future events. The forward-looking statements included in this release are made as of the date hereof or as of the date specified herein and are based on management's reasonable expectations and beliefs. In making these statements we rely on assumptions and analysis based on our experience and perception of historical trends, current conditions and expected future developments, third party information and projections from sources that management believes to be reputable, as well as other factors we consider appropriate under the circumstances. Such statements are subject to a number of important assumptions, significant risks and uncertainties (some of which are beyond our control) and other factors that may cause actual results or performance to differ materially from that described in or indicated by the forward-looking statements, including but not limited to:

macroeconomic, geopolitical and similar global factors in the cyclical Automotive industry;the impact of, and our ability to mitigate the effects of, global economic and trade policies, including increases in duties, tariffs and taxation on the import or export of our products related to U.S. trade disputes;increasing U.S. and global competition, including with non-traditional entrants;our ability to effectively manage new product launches and research and development, and the market acceptance of such products and technologies;the evolution and challenges of the automotive industry towards electric vehicles, autonomous vehicles and mobility on demand services, and related consumer behaviors and preferences;our ability to convert automotive new business awards into product revenues;the constraints in the supply chain environment, and inflationary and other cost pressures;the production levels of our major customers and OEMs in our relevant markets and sudden fluctuations in such production levels;our business in China, which is subject to unique operational, competitive, geopolitical, regulatory and economic risks;the impact of our global operations, including our cost structure and global manufacturing footprint, operations within Ukraine, and foreign currency and exchange risk;our product quality and safety and impact of product safety recalls and alleged defects in products;our ability to attract and retain highly skilled employees and wage inflation;a tightening labor market, labor shortages or work stoppages impacting us, our customers or our suppliers, such as recent labor strikes among certain OEMs and suppliers;our achievement of product cost reductions to offset customer-imposed price reductions or other pricing pressures;our ability to execute efforts to optimize our global supply chain and manufacturing footprint, including opening new facilities and transferring production;our ability to source, consummate, integrate and achieve planned benefits of strategic acquisitions, investments and, as applicable, exits;any security breaches and other disruptions to our information technology networks and systems, as well as privacy, data security and data protection risks, including risks associated with use of artificial intelligence capabilities in our business operations;any loss or insolvency of our key customers and OEMs, or key suppliers;our ability to project future sales volume based on third-party information, based on which we manage our business;the protection of our intellectual property in certain jurisdictions;our compliance with global anti-corruption laws and regulations;legal and regulatory proceedings and claims involving us or one of our major customers;the extensive regulation of our patient temperature management business;risks associated with our manufacturing processes;the effects of climate change and regulatory and stakeholder-imposed requirements to address climate change and other sustainability issues;our product quality and safety;our borrowing availability under our revolving credit facility, as well as the ability to access the capital markets, to support our planned growth; andour indebtedness and compliance with our debt covenants. Furthermore, important factors related to the Proposed Transaction could cause actual results to differ materially from those currently anticipated, including:

that one or more closing conditions to the Proposed Transaction, including certain regulatory approvals, may not be satisfied or waived, on a timely basis or otherwise, including that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the Proposed Transaction, may require conditions, limitations or restrictions in connection with such approvals or that the required approval by the shareholders of Gentherm may not be obtained;the risk that the Proposed Transaction may not be completed on the terms or in the time frame expected by Gentherm, Modine and SpinCo, or at all;unexpected costs, charges or expenses resulting from the Proposed Transaction;uncertainty of the expected financial performance of the combined company following completion of the Proposed Transaction;failure to realize the anticipated benefits of the Proposed Transaction, including as a result of delay in completing the Proposed Transaction or integrating the businesses of Gentherm and SpinCo, on the expected timeframe or at all;the ability of the combined company to implement its business strategy;difficulties and delays in the combined company achieving revenue and cost synergies;inability of the combined company to retain and hire key personnel;the occurrence of any event that could give rise to termination of the Proposed Transaction;the risk that shareholder litigation in connection with the Proposed Transaction or other litigation, settlements or investigations may affect the timing or occurrence of the Proposed Transaction or result in significant costs of defense, indemnification and liability;evolving legal, regulatory and tax regimes;changes in general economic and/or industry specific conditions or any volatility resulting from the imposition of and changing policies, including those policies with respect to tariffs;actions by third parties, including government agencies;the risk that the anticipated tax treatment of the Proposed Transaction is not obtained;the risk of greater than expected difficulty in separating the business of SpinCo from the other businesses of Modine; andrisks related to the disruption of management time from ongoing business operations due to the pendency of the Proposed Transaction, or other effects of the pendency of the Proposed Transaction on the relationship of any of the parties to the Proposed Transaction with their employees, customers, suppliers, or other counterparties. The foregoing risks should be read in conjunction with the Company's reports filed with or furnished to the Securities and Exchange Commission (the “SEC”), including “Risk Factors,” in its most recent Annual Report on Form 10-K and subsequent SEC filings, for a discussion of these and other risks and uncertainties. In addition, with reasonable frequency, we have entered into business combinations, acquisitions, divestitures, strategic investments and other significant transactions. Such forward-looking statements do not include the potential impact of any such transactions that may be completed after the date hereof, each of which may present material risks to the Company’s future business and financial results. Moreover, we operate in a very competitive and rapidly changing environment and new risks emerge from time to time.

Except as required by law, the Company expressly disclaims any obligation or undertaking to update any forward-looking statements to reflect any change in its strategies or expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. 

Posted by Defense World Staff on Apr 5th, 2026

SG Americas Securities LLC boosted its holdings in Gentherm Inc (NASDAQ:THRM – Free Report) by 50.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,071 shares of the auto parts company’s stock after purchasing an additional 18,718 shares during the quarter. SG Americas Securities LLC owned about 0.18% of Gentherm worth $2,039,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Gentherm by 5.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 108,613 shares of the auto parts company’s stock valued at $2,904,000 after acquiring an additional 5,824 shares in the last quarter. Millennium Management LLC grew its holdings in Gentherm by 93.4% in the first quarter. Millennium Management LLC now owns 155,617 shares of the auto parts company’s stock worth $4,161,000 after purchasing an additional 75,170 shares during the period. Jane Street Group LLC grew its holdings in Gentherm by 389.2% in the first quarter. Jane Street Group LLC now owns 84,403 shares of the auto parts company’s stock worth $2,257,000 after purchasing an additional 67,150 shares during the period. JPMorgan Chase & Co. increased its stake in Gentherm by 1.7% in the second quarter. JPMorgan Chase & Co. now owns 108,251 shares of the auto parts company’s stock valued at $3,062,000 after purchasing an additional 1,850 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in Gentherm by 8.0% in the second quarter. Franklin Resources Inc. now owns 12,913 shares of the auto parts company’s stock valued at $365,000 after purchasing an additional 953 shares in the last quarter. 97.13% of the stock is currently owned by institutional investors.

Gentherm Stock Performance Shares of Gentherm stock opened at $27.76 on Friday. Gentherm Inc has a 52 week low of $22.75 and a 52 week high of $39.48. The company has a quick ratio of 1.30, a current ratio of 1.92 and a debt-to-equity ratio of 0.26. The business has a 50 day moving average price of $30.85 and a 200-day moving average price of $34.33. The company has a market cap of $850.84 million, a PE ratio of 45.51 and a beta of 1.34.

Gentherm (NASDAQ:THRM – Get Free Report) last announced its quarterly earnings results on Thursday, February 19th. The auto parts company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.08). The company had revenue of $382.79 million for the quarter, compared to the consensus estimate of $371.91 million. Gentherm had a return on equity of 10.07% and a net margin of 1.22%.The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 EPS. Equities analysts anticipate that Gentherm Inc will post 3.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In THRM has been the topic of a number of research analyst reports. Loop Capital set a $38.00 price objective on shares of Gentherm in a research report on Wednesday, February 25th. Robert W. Baird dropped their price target on Gentherm from $42.00 to $36.00 and set a “neutral” rating on the stock in a research note on Friday, February 20th. Stifel Nicolaus started coverage on Gentherm in a report on Monday, February 23rd. They issued a “buy” rating and a $41.00 price target on the stock. Wall Street Zen cut Gentherm from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 21st. Finally, Argus upgraded Gentherm to a “hold” rating in a report on Friday, February 27th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $39.40.

Read Our Latest Report on THRM

About Gentherm (Free Report)

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.

Read More Five stocks we like better than Gentherm Want to see what other hedge funds are holding THRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gentherm Inc (NASDAQ:THRM – Free Report).

Receive News & Ratings for Gentherm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentherm and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINESG Americas Securities LLC Has $2.08 Million Stock Holdings in National Bank Holdings Corporation $NBHC

NEXT HEADLINE »SG Americas Securities LLC Raises Position in Atkore Inc. $ATKR

Posted by Defense World Staff on Apr 7th, 2026

Gentherm Inc (NASDAQ:THRM – Get Free Report) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $39.40.

THRM has been the topic of a number of research analyst reports. Weiss Ratings lowered Gentherm from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, February 9th. Roth Mkm decreased their price target on Gentherm from $44.00 to $39.00 and set a “buy” rating on the stock in a research report on Monday, March 23rd. Robert W. Baird decreased their price target on Gentherm from $42.00 to $36.00 and set a “neutral” rating on the stock in a research report on Friday, February 20th. Loop Capital set a $38.00 price target on Gentherm in a research report on Wednesday, February 25th. Finally, Stifel Nicolaus initiated coverage on Gentherm in a research report on Monday, February 23rd. They set a “buy” rating and a $41.00 price target on the stock.

View Our Latest Analysis on Gentherm

Gentherm Trading Down 0.3% THRM stock opened at $27.69 on Friday. Gentherm has a 1-year low of $22.75 and a 1-year high of $39.48. The firm has a market cap of $845.26 million, a P/E ratio of 45.39 and a beta of 1.34. The business’s 50 day moving average is $30.67 and its 200-day moving average is $34.26. The company has a current ratio of 1.92, a quick ratio of 1.30 and a debt-to-equity ratio of 0.26.

Gentherm (NASDAQ:THRM – Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The auto parts company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.08). Gentherm had a net margin of 1.22% and a return on equity of 10.07%. The company had revenue of $382.79 million during the quarter, compared to the consensus estimate of $371.91 million. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. Equities analysts anticipate that Gentherm will post 3.1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows Hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC boosted its position in Gentherm by 160.3% in the 4th quarter. Farther Finance Advisors LLC now owns 812 shares of the auto parts company’s stock valued at $30,000 after buying an additional 500 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in Gentherm in the 4th quarter valued at $35,000. Eagle Bay Advisors LLC bought a new position in Gentherm in the 4th quarter valued at $50,000. Palladiem LLC bought a new position in Gentherm in the 4th quarter valued at $52,000. Finally, Nisa Investment Advisors LLC boosted its position in Gentherm by 20.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,641 shares of the auto parts company’s stock valued at $56,000 after buying an additional 277 shares during the last quarter. 97.13% of the stock is currently owned by institutional investors.

Gentherm Company Profile (Get Free Report)

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.

Further Reading Five stocks we like better than Gentherm

Receive News & Ratings for Gentherm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gentherm and related companies with MarketBeat.com's FREE daily email newsletter.

« PREVIOUS HEADLINEClover Health Investments Target of Unusually Large Options Trading (NASDAQ:CLOV)

NEXT HEADLINE »Brokerages Set Acushnet (NYSE:GOLF) Target Price at $89.57

The market expects Gentherm (THRM - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 23. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis maker of climate-controlled seats and other products is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of +3.9%.

Revenues are expected to be $360.96 million, up 2% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.4% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Gentherm?For Gentherm, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -13.86%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Gentherm will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Gentherm would post earnings of $0.57 per share when it actually produced earnings of $0.49, delivering a surprise of -14.04%.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Gentherm doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Gentherm (THRM - Free Report) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +57.30%. A quarter ago, it was expected that this maker of climate-controlled seats and other products would post earnings of $0.57 per share when it actually produced earnings of $0.49, delivering a surprise of -14.04%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Gentherm, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $393.71 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 9.07%. This compares to year-ago revenues of $353.85 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Gentherm shares have lost about 21% since the beginning of the year versus the S&P 500's gain of 4.3%.

What's Next for Gentherm?While Gentherm has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Gentherm was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.65 on $383.66 million in revenues for the coming quarter and $2.56 on $1.54 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Original Equipment is currently in the bottom 27% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Aeva Technologies, Inc. (AEVA - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.

This company is expected to post quarterly loss of $0.44 per share in its upcoming report, which represents a year-over-year change of +2.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Aeva Technologies, Inc.'s revenues are expected to be $4.67 million, up 38.5% from the year-ago quarter.

Source: TradePulse

Market Overview

Observations from Current Flow Activity

Interpreting Flow and Momentum Signals

It is important to distinguish between capital inflows and short-term price performance, as flow activity and directional momentum do not always align.

Sector Positioning: Broad Participation Across Markets

The latest sector breakdown reflects diversified participation across several major market groups:

While semiconductor and technology-related equities continue to populate the inflow rankings, the inclusion of energy, retail, healthcare, cloud infrastructure, and enterprise software suggests broader institutional participation across multiple areas of the market.

Implications for Market Participants

From an analytical perspective, current flow trends suggest:

• Sustained activity within semiconductors, cybersecurity, and AI infrastructure-related equities
• Tactical positioning through leveraged semiconductor ETFs on both the bullish and bearish side
• Diversification into energy, retail, healthcare, and cloud infrastructure
• Institutional flow order flow is becoming more balanced across sectors rather than concentrated only in technology

When combined with earnings data, economic indicators, and technical analysis, flow data metrics can provide a more comprehensive understanding of market positioning.

Closing Perspective

This material is for informational purposes only and should not be construed as investment advice or a recommendation to buy or sell any security. Past performance and observed flows are not indicative of future results.

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

Market News and Data brought to you by Benzinga APIs

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

To add Benzinga News as your preferred source on Google, click here.

NOVI, Mich., May 20, 2026 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced that it is scheduled to participate in the following upcoming investor conference in the second quarter of 2026.

Baird Global Consumer, Technology & Services Conference in New York City
Bill Presley, President and CEO, and Jon Douyard, Executive Vice President of Finance, Chief Financial Officer and Treasurer, will participate in a fireside chat on Wednesday, June 3, 2026. The fireside chat will begin at 8:30 am (ET) and last for approximately 30 minutes.

There will be a live audio webcast of the fireside chat, and a replay will be available for 90 days following the presentation on the Events page of the Investor Relations section of Gentherm’s website at: www.gentherm.com.

In addition, Gentherm management will be hosting analysts and investors at upcoming conferences, including:

Stifel Cross Sector 1x1 Conference on Tuesday, June 2, 2026, in BostonWells Fargo Industrials & Materials Conference on Tuesday, June 9, 2026, in Chicago Please note that event participation and specific dates are subject to change. For the latest information, please visit the Gentherm Investor Relations website.

Investor Contact
Gregory Blanchette
[email protected] 
248.308.1702 

Media Contact 
Haley Baur 
[email protected]  
248.289.9711

About Gentherm 
Gentherm (NASDAQ: THRM) is a global market leader of innovative thermal management and pneumatic comfort technologies. Automotive products include Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities across 13 countries. In 2025, the company recorded annual sales of approximately $1.5 billion and secured $2.2 billion in automotive new business awards. For more information, go to www.gentherm.com.

Gentherm Incorporated remains a soft Buy as its transformation and merger with Modine Performance Technologies drive significant upside potential. THRM delivered impressive Q1 FY2026 results: sales up 11.2% to $393.7M, outpacing a contracting vehicle production market. Management guides for FY2026 revenue of $1.5–$1.6B and EBITDA of $175–$195M, with the Modine merger expected to boost combined revenue to $2.6B and EBITDA to $322M.

-

KENNEDY SPACE CENTER, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has successfully powered the historic launch of the Artemis II mission, providing propulsion and avionics for the first crewed journey toward the moon in more than 50 years.

“Artemis II marks a new era in human space exploration with the first crewed flight of NASA’s Space Launch System rocket and Orion spacecraft,” said Christopher Kubasik, Chairman and CEO, L3Harris. “We congratulate NASA and all our teammates on achieving liftoff, and we remain focused on supporting the Artemis II mission through its successful completion.”

L3Harris is supporting the Artemis II mission with more than 100 separate elements, including RS-25 engines for the Space Launch System core stage, the RL10 engine for the Interim Cryogenic Propulsion Stage and the Orion Main engine for the translunar injection burn. L3Harris also supplied in-space thrusters for course corrections, 40 advanced avionics systems for precision control and monitoring of the launch vehicle and the Orion audio system for continuous astronaut communications.

The 10-day mission around the moon will further demonstrate L3Harris capabilities in support of the Artemis campaign and NASA’s vision of a sustained human presence on the moon and, ultimately, Mars.

About L3Harris Technologies

L3Harris is the Trusted Disruptor in defense tech. With customers’ mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, sea and cyber domains in the interest of national security. Visit L3Harris.com for more information.

More News From L3Harris Technologies

Back to Newsroom

We bought four “new” holdings in the quarter. Two of the four — Blackstone and Otis — we have owned before. In IT, we exited Oracle and trimmed Broadcom. Our five-year investment in Oracle proved highly profitable as the company transitioned its business model from licensing to software-as-a-service. On the semiconductor side, we modestly reduced our position in Broadcom to fund our new investment in Taiwan Semiconductor.