Gentex Corporation (GNTX) Stock Price & How to Invest

Gentex Corporation designs and manufactures electro-optical products, best known for interior and exterior auto-dimming (electrochromic) rearview mirrors that it supplies to nearly every major automaker worldwide. The company holds an estimated ~92% global share of interior auto-dimming mirrors, a near-monopoly that has historically delivered gross margins in the mid-30s and strong free cash flow. Beyond mirrors, Gentex sells camera-monitor systems, driver and cabin monitoring, dimmable aircraft windows and cockpit displays for aerospace, fire-protection products (smoke alarms and signaling), and, following the 2025 acquisition of VOXX International, premium audio and aftermarket consumer electronics.

The investment picture is that of a defensive, financially conservative auto-supplier trying to grow content per vehicle faster than the underlying car market. Recent results have been solid: Q1 2026 consolidated revenue rose ~17% year over year, helped by the VOXX addition, while core Gentex revenue edged up despite global light-vehicle production falling. The company raised its 2026 outlook and set multi-year targets, but it carries real exposure to tariff-driven disruption in China, cyclical swings in vehicle production, and the execution risk of integrating a lower-margin consumer-electronics business into a historically high-margin franchise.

Since then, Q2 2026 revenue came in at about $651 million, roughly 1% lower than a year earlier, but EPS of $0.58 beat the roughly $0.50 consensus, helped by more than $38 million of IEEPA tariff refunds that lifted gross margin to about 37%. At an investor presentation in late August 2026, management held its 2026 revenue outlook at about $2.65 billion to $2.75 billion, set a 2027 target of about $2.8 billion to $2.9 billion, sketched a ten-year path to $4.5 billion to $7 billion of revenue, and said it plans to announce its first new contract-manufacturing program on the Q3 call, a line it sees as a potential $1 billion to $2 billion business at lower margins. The stock has not followed: as of October 16, 2026 GNTX closed near $21.24, down about 10% year to date and about 19% over one year, and Goldman Sachs downgraded it to Sell on October 6. Gentex reports Q3 2026 results on October 23, with consensus at about $0.50 of EPS on roughly $670 million of revenue.

The largest near-term risk is tariffs and trade tension in China, where Gentex has paused shipments of certain mirrors and seen customers cancel or delay orders, cutting China revenue well below prior forecasts. The business is also cyclical and tied to global light-vehicle production, which has been declining, so a broader auto downturn would pressure volumes. Customer concentration among major automakers, raw-material and supply-chain costs, and the risk that cameras or software displace physical mirrors over the long term all weigh on the outlook. The VOXX integration adds lower-margin, consumer-cyclical revenue that could dilute the company's historically premium margins. Currency swings and mix weakness in Europe, Japan and Korea have also periodically hurt results. Contract manufacturing would dilute margins further, and the strong Q2 2026 gross margin of about 37% leaned on one-time tariff refunds, so the core 34% to 35% range management cites is the more useful baseline.

9 analysts publish price targets on GNTX, averaging $27.28 against a $21.01 price as of October 2026, or +29.8%. The published targets run from $20.00 to $42.00, a wide spread, and the ratings split 3 buy, 5 hold, 1 sell. Over the last six months there have been 3 raises and 4 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full GNTX forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Gentex Corporation. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Mirror dominance and content growth. Gentex's ~92% share of interior auto-dimming mirrors gives it durable pricing and a platform to add features. The most optimistic published target, $42.00, assumes this works close to its best case.

The case against. The largest near-term risk is tariffs and trade tension in China, where Gentex has paused shipments of certain mirrors and seen customers cancel or delay orders, cutting China revenue well below prior forecasts. The most pessimistic target, $20.00, is roughly what GNTX is worth if this bites instead.

Read the full bull and bear case on GNTX, including what would have to change to break either one. Walnut is not an investment adviser.

No. Gentex Corporation (GNTX) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Gentex Corporation's investor relations page or your broker.

• Revenue (TTM): ~$2.63B
• Q2 2026 revenue: ~$651M (down ~1% YoY); EPS ~$0.58 vs ~$0.50 estimate
• 2026 revenue guidance: ~$2.65B to $2.75B (2027 target ~$2.8B to $2.9B)
• Margins (TTM): ~34% gross, ~19% operating, ~15.5% net
• Net income (TTM): ~$401M (~$1.89 EPS)
• Market cap: ~$4.5B
• P/E ratio: ~11x trailing (~10x forward)
• Dividend: ~$0.48/yr (~2.3% yield)

Gentex trades near 11x trailing and about 10x forward earnings, roughly 1.7x sales, with almost no debt and about $243 million of cash, a valuation that has compressed as the shares fell about 19% over the past year. The market is weighing a flat core business, tariff exposure, and a mix shift toward lower-margin VOXX and contract-manufacturing revenue against steady cash generation and buybacks. The October 23 Q3 report and the first contract-manufacturing announcement are the next data points.

Other names that sit close to GNTX: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get GNTX exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so GNTX sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where GNTX fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

As of October 2026, Gentex is a high-margin, cash-generative niche leader whose near-monopoly in auto-dimming mirrors funds an expansion into cameras, aerospace, consumer electronics and, newly, contract manufacturing, trading near 10x forward earnings with China tariffs and soft vehicle production as the main swing factors.

Whether GNTX is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is GNTX a buy or a sell?, and where the stock could go from here in the GNTX stock forecast.

For income investors, whether GNTX pays a dividend and how the payout looks is covered in does GNTX pay a dividend? And to weigh GNTX against a peer, read the full side-by-side comparisons: GNTX vs MGA and GNTX vs AAP.