Generac (NYSE:GNRC – Free Report) had its target price boosted by JPMorgan Chase & Co. from $229.00 to $267.00 in a report published on Thursday morning,Benzinga reports. They currently have an overweight rating on the technology company’s stock.
Several other research analysts have also issued reports on the company. Bank of America reduced their target price on Generac from $260.00 to $248.00 and set a “buy” rating on the stock in a research report on Thursday, March 26th. UBS Group reissued a “buy” rating and set a $270.00 target price on shares of Generac in a research report on Friday, February 13th. Citigroup cut their price target on shares of Generac from $237.00 to $226.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Wells Fargo & Company upped their price target on shares of Generac from $234.00 to $238.00 and gave the company an “overweight” rating in a research note on Thursday, March 26th. Finally, Jefferies Financial Group started coverage on shares of Generac in a research note on Friday, March 20th. They set a “hold” rating and a $222.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, Generac has an average rating of “Moderate Buy” and an average target price of $256.00.
Read Our Latest Analysis on Generac
Generac Trading Up 2.6%
Generac (NYSE:GNRC – Get Free Report) last announced its earnings results on Wednesday, April 29th. The technology company reported $1.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.47. Generac had a return on equity of 15.45% and a net margin of 4.37%.The company had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the prior year, the company posted $1.26 EPS. The firm’s quarterly revenue was up 12.5% compared to the same quarter last year. As a group, equities research analysts anticipate that Generac will post 8.42 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Generac news, CFO York A. Ragen sold 24,362 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $235.61, for a total transaction of $5,739,930.82. Following the sale, the chief financial officer owned 137,182 shares in the company, valued at approximately $32,321,451.02. The trade was a 15.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.70% of the company’s stock.
Institutional Trading of Generac
Several large investors have recently added to or reduced their stakes in the company. Barnett & Company Inc. grew its stake in Generac by 1.9% during the 1st quarter. Barnett & Company Inc. now owns 22,745 shares of the technology company’s stock valued at $4,443,000 after purchasing an additional 425 shares during the last quarter. Forza Wealth Management LLC grew its stake in Generac by 30.4% during the 1st quarter. Forza Wealth Management LLC now owns 2,466 shares of the technology company’s stock valued at $482,000 after purchasing an additional 575 shares during the last quarter. Kestra Advisory Services LLC grew its stake in Generac by 41.5% during the 1st quarter. Kestra Advisory Services LLC now owns 6,235 shares of the technology company’s stock valued at $1,218,000 after purchasing an additional 1,828 shares during the last quarter. AIGH Capital Management LLC purchased a new stake in Generac during the 1st quarter valued at about $17,580,000. Finally, Resona Asset Management Co. Ltd. grew its stake in Generac by 30.5% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 1,971 shares of the technology company’s stock valued at $366,000 after purchasing an additional 461 shares during the last quarter. Hedge funds and other institutional investors own 84.04% of the company’s stock.
Key Stories Impacting Generac
Here are the key news stories impacting Generac this week:
- Positive Sentiment: Quarterly beat and guidance lift: GNRC reported Q1 revenue of ~$1.06B and non?GAAP EPS of $1.80, ahead of Street estimates, and raised its 2026 revenue outlook (mid?to?high teens growth) on stronger commercial & data?center demand. GlobeNewswireGlobeNewswire
- Positive Sentiment: Data?center/C&I momentum and backlog: Management cited a growing data?center backlog (reported commentary and order metrics) and stronger commercial & industrial (C&I) execution as the engine behind higher sales and margin expansion. This underpins near?term revenue visibility. ReutersReuters
- Positive Sentiment: Analyst upgrades/price?target increases: TD Cowen bumped its PT to $285 (buy) and JPMorgan raised its PT to $267 (overweight), providing institutional validation for the earnings beat and data?center exposure. The FlyThe Fly TickerReportTickerReport
- Neutral Sentiment: Market commentary — “tricky trade”: Analysts and commentators note the company’s strong results and AI/data?center upside but call the stock a tricky trade after a large run?up; some recommend pausing new positions. Seeking Alpha: Tricky TradeSeeking Alpha
- Neutral Sentiment: Earnings call highlights and transcript available — useful for tracking management’s cadence on backlog conversion, channel cadence, and margin targets. Watch the call color for cadence versus one?time items. Yahoo FinanceYahoo Finance
- Negative Sentiment: Valuation & macro risk: GNRC’s multiple is elevated (high P/E and recent share rally). Commentators warn downside if macro demand softens or if data?center orders slow — a key risk given reliance on C&I execution to sustain growth. Seeking Alpha: Valuation ConcernsSeeking Alpha
Generac Company Profile
Generac Holdings Inc (NYSE: GNRC) is a leading manufacturer of backup power generation products for residential, commercial and industrial applications. The company offers a comprehensive portfolio of standby and portable generators, transfer switches and power management systems designed to provide reliable electricity during power outages and other critical situations. With an emphasis on innovation, Generac has expanded its offerings to include clean energy technologies such as battery storage and integrated solar-plus-storage systems.
Generac’s product lineup addresses a broad range of customer needs.
Further Reading
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