Modine Expands Revolving Credit Facility to Boost Liquidity

Modine ( (MOD) ) has issued an update.

On December 23, 2025, Modine Manufacturing Company and its subsidiary Airedale International Air Conditioning amended their existing credit agreement to increase the aggregate revolving credit commitments by $150 million, from $400 million to $550 million, and revised the expansion feature to allow up to $250 million in future incremental revolving commitments and term loans. The amendment also grants Modine, under specified conditions and at its own expense, the right to compel a lender to assign and delegate its loans and commitments to an eligible replacement lender upon full payment of the outgoing lender, enhancing the company’s financing flexibility and potential access to additional liquidity for operational and strategic needs.

The most recent analyst rating on (MOD) stock is a Buy with a $200.00 price target. To see the full list of analyst forecasts on Modine stock, see the MOD Stock Forecast page.

Spark’s Take on MOD Stock

According to Spark, TipRanks’ AI Analyst, MOD is a Neutral.

Modine’s overall stock score reflects strong financial performance and positive earnings call insights, tempered by technical indicators suggesting bearish momentum and valuation concerns due to a high P/E ratio. The decline in free cash flow and temporary margin erosion are risks that need monitoring.

To see Spark’s full report on MOD stock, click here.

More about Modine

Modine Manufacturing Company operates in the industrial and HVAC (heating, ventilation and air conditioning) sector, providing thermal management solutions through its subsidiaries such as Airedale International Air Conditioning, with a focus on air conditioning and related climate-control systems for commercial and industrial markets.

Average Trading Volume: 1,056,013

Technical Sentiment Signal: Buy

Current Market Cap: $7.25B

For a thorough assessment of MOD stock, go to TipRanks’ Stock Analysis page.