Gentex is an attractively valued auto-electronics franchise with a consistent earnings beat streak and best-in-class peer margins, but the stock has already moved past its resistance-based price target, leaving a negative risk/reward geometry that argues against adding new capital at current prices.
Thesis pillars
- Best In Class Peer Margins↑Improving
- Consistent Earnings Beat Streak↑Improving
- Sub One Peg Attractive Valuation↑Improving
- +2 more pillars — see the Why tab for full reasoning
Gentex Corporation (GNTX) Stock Analysis
Consumer Cyclical · Auto Parts
Hold if already holding. Not a fresh buy at $22.94, but acceptable to hold if already in. Reasons: Concentration risk — Product: automotive rearview mirrors and electronics (89.0%); Negative momentum.
Gentex Corporation designs and manufactures electrochromic automatic-dimming rearview mirrors and automotive electronics, which accounted for 89% of consolidated net sales in 2025, alongside premium audio (added via the April 2025 VOXX acquisition), dimmable aircraft windows,... Read more
Hold if already holding. Not a fresh buy at $22.94, but acceptable to hold if already in. Reasons: Concentration risk — Product: automotive rearview mirrors and electronics (89.0%); Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 6.6/10, moderate confidence.
Passes 6/7 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.
About Gentex Corporation
About Gentex Corporation
Gentex Corporation generated 89% of 2025 consolidated net sales from automotive rearview mirrors and electronics—primarily electrochromic automatic-dimming mirrors supplied to global OEMs—with the remaining 11% split across fire protection technologies, dimmable aircraft windows for Boeing and Airbus, and premium audio products added via the April 1, 2025 acquisition of VOXX for $148.3 million in cash. The company held approximately 79% worldwide market share in automatic-dimming rearview mirrors in 2025, with manufacturing concentrated in Zeeland and Holland, Michigan.
Gentex sells automotive products under annual blanket purchase orders and long-term agreements directly to OEMs, including Toyota Motor Company, Volkswagen Group, and General Motors—three customers each exceeding 10% of annual consolidated net sales in 2025. Products range from electrochromic auto-dimming mirrors and HomeLink wireless modules to Full Display Mirrors, driver monitoring systems, and integrated toll transponders. Premium audio products under Klipsch, Onkyo, and Integra brands are marketed through mass merchants, specialty retailers, and e-commerce platforms. Tariff and counter-tariff actions between the U.S. and China reduced the company's export sales into China in 2025, resulting in an overall reduction in global market share; the 10-K expects such impacts to continue. Magna Mirrors, a division of Magna, is identified as the primary competitor with considerably more resources.
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Three named customers—Toyota Motor Company, Volkswagen Group, and General Motors—each accounting for 10% or more of annual net sales in 2025 represents the most directly quantified concentration risk in the 10-K. The filing states that loss of any of these customers would have a material adverse effect on the company's business, financial condition, and results of operations. Overlapping this customer risk, manufacturing concentrated in two Michigan facilities in Zeeland and Holland—approximately three miles apart—subjects the company to single-point disruption if a natural disaster or catastrophic event affects both sites simultaneously.
See also: Consumer Cyclical · Auto Parts
From Gentex Corporation's most recent 10-K filing, extracted June 10, 2026.
Recent developments
updated 2026-07-26Recent Developments — Gentex Corporation
Latest news
- NEWS Analysts Offer Insights on Consumer Cyclical Companies: Cheesecake Factory (CAKE), Home Depot (HD) and Gentex (GNTX) - T — The Globe and Mail neutral
- NEWS Gentex Corporation's Doing Great, But Not Great Enough To Shift Into High Gear (GNTX) - Seeking Alpha — Seeking Alpha positive
- NEWS Gentex (GNTX) Upgraded to Buy: Here's Why - Yahoo Finance — Yahoo Finance positive
- NEWS Is Gentex (GNTX) Stock Undervalued Right Now? - Yahoo Finance — Yahoo Finance positive
- NEWS Goldman Sachs Reaffirms Their Hold Rating on Gentex (GNTX) - The Globe and Mail — The Globe and Mail neutral
Generated 2026-07-26T10:17:27Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductautomotive rearview mirrors and electronics89%10-K Item 1: 'Automotive rearview mirrors and electronics accounted for 89% of the Company's consolidated net sales in 2025'
- LOWCustomerToyota Motor Company, Volkswagen Group, and General Motors10-K Item 1A: 'three automotive customers which each account for 10% or more of our annual consolidated net sales in 2025 ... Toyota Motor Company, Volkswagen Group, and General Motors'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $22.94, but acceptable to hold if already in. Reasons: Concentration risk — Product: automotive rearview mirrors and electronics (89.0%); Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $25.42 (+10.8%), stop $21.50 (−6.7%), A.R:R 1.8:1. Score 6.6/10, moderate confidence.
Take-profit target: $25.42 (+11.0% upside). Target $25.42 (+10.8%), stop $21.50 (−6.7%), A.R:R 1.8:1. Stop-loss: $21.50.
Concentration risk — Product: automotive rearview mirrors and electronics (89.0%); Negative momentum; Below 200-MA, MA slope -1.9%/30d (confirmed downtrend).
Gentex Corporation trades at a P/E of 12.9 (forward 10.3). TrendMatrix value score: 8.0/10. Verdict: Hold.
15 analysts cover GNTX with a consensus score of 3.9/5. Average price target: $29.
What does Gentex Corporation do?Gentex Corporation designs and manufactures electrochromic automatic-dimming rearview mirrors and automotive...
Gentex Corporation designs and manufactures electrochromic automatic-dimming rearview mirrors and automotive electronics, which accounted for 89% of consolidated net sales in 2025, alongside premium audio (added via the April 2025 VOXX acquisition), dimmable aircraft windows, and fire protection products. Toyota Motor Company, Volkswagen Group, and General Motors each account for 10% or more of annual net sales.