Gentex misses Q4 sales estimates

Gentex

30/01/2026 13:08

Overview

Digital vision supplier's Q4 net sales rose 19% yr/yr but missed analyst expectations

Core Gentex Q4 gross margin improved by 300 basis points to 35.5%

Company repurchased 3.8 mln shares in Q4, totaling $319 mln for 2025

Outlook

Gentex expects 2026 revenue between $2.60 bln and $2.70 bln

Company forecasts 2027 revenue between $2.75 bln and $2.85 bln

Gentex projects 2026 gross margin of 34% to 35%

Result Drivers

MARKET OUTPERFORMANCE - Core Gentex revenue was flat despite a 2% decline in light vehicle production, outperforming the market by 5 percentage points in primary regions

VOXX CONTRIBUTION - VOXX acquisition added $103.4 mln to Q4 revenue, driven by seasonal sales

GROSS MARGIN IMPROVEMENT - Gross margin increased due to favorable product mix, efficiencies, and cost reductions, partially offset by tariffs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
$644.40 mln
$654.24 mln (6 Analysts)
Q4 EPS
$0.43
Q4 Net Income
$93 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Gentex Corp is $27.50, about 14.4% above its January 29 closing price of $24.04

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nGNX7TdVkF

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)