Generac (NYSE:GNRC) Stock Price Target Raised at Needham & Company LLC

Generac (NYSE:GNRC) had its target price boosted by research analysts at Needham & Company LLC from $283.00 to $288.00 in a report released on Thursday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the technology company’s stock. Needham & Company LLC‘s price objective indicates a potential upside of 43.16% from the company’s current price.

Other equities research analysts have also issued reports about the company. Wells Fargo & Company set a $280.00 price target on Generac in a research report on Thursday, September 17th. JPMorgan Chase & Co. increased their target price on Generac from $261.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, September 18th. Cantor Fitzgerald cut their price objective on shares of Generac from $333.00 to $297.00 and set an “overweight” rating on the stock in a research report on Monday, October 5th. Stephens reiterated an “overweight” rating and set a $335.00 price target on shares of Generac in a report on Thursday, September 17th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Generac in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Generac currently has an average rating of “Moderate Buy” and a consensus target price of $291.09.

Generac Stock Performance

Shares of GNRC stock opened at $201.18 on Thursday. The company has a market capitalization of $11.87 billion, a P/E ratio of 46.35, a PEG ratio of 1.60 and a beta of 1.91. Generac has a fifty-two week low of $134.80 and a fifty-two week high of $296.44. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.00 and a current ratio of 2.04. The stock has a 50 day moving average price of $199.50 and a two-hundred day moving average price of $217.04.

Generac (NYSE:GNRC) last posted its earnings results on Wednesday, October 28th. The technology company reported $2.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.43 by $0.11. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Generac had a return on equity of 17.83% and a net margin of 5.82%. Generac’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the firm earned $1.83 earnings per share. Analysts expect that Generac will post 9.74 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Kyle Raabe sold 603 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $212.57, for a total transaction of $128,179.71. Following the completion of the transaction, the insider directly owned 9,966 shares of the company’s stock, valued at approximately $2,118,472.62. This represents a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Norman Taffe sold 150 shares of the firm’s stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $220.00, for a total transaction of $33,000.00. Following the completion of the transaction, the insider directly owned 10,976 shares of the company’s stock, valued at approximately $2,414,720. This trade represents a 1.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 18,442 shares of company stock worth $3,656,537. Corporate insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. N.E.W. Advisory Services LLC purchased a new stake in Generac in the 2nd quarter worth $25,000. Avalon Trust Co purchased a new stake in Generac during the 1st quarter worth approximately $32,000. Essential Partners LLC boosted its stake in shares of Generac by 57.0% in the first quarter. Essential Partners LLC now owns 168 shares of the technology company’s stock worth $33,000 after acquiring an additional 61 shares during the last quarter. Continuum Advisory LLC purchased a new position in Generac in the 2nd quarter valued at $51,000. Finally, Fiduciary Financial Advisors purchased a new stake in shares of Generac during the second quarter worth $50,000. Institutional investors own 84.04% of the company’s stock.

Trending Headlines about Generac

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Adjusted earnings exceeded expectations. Generac reported third-quarter EPS of $2.54, above the $2.43 consensus estimate and up from $1.83 a year earlier. Revenue increased 16.2% year over year to $1.29 billion. Generac Reports Third Quarter 2026 Results
• Positive Sentiment: Commercial and industrial momentum strengthened. Generac cited robust C&I demand, growing data-center activity and a significant backlog increase. Reports indicate the AI and data-center power backlog reached approximately $4.5 billion, including business associated with Amazon, improving the company’s long-term growth outlook. Generac Q3 2026 AI Power Backlog
• Positive Sentiment: Residential demand also improved. Management said the residential segment returned to strong growth, supported by power-quality concerns and broader backup-power trends. This suggests recovery is becoming more balanced across Generac’s end markets. Generac Q3 Earnings Beat Estimates
• Neutral Sentiment: Full-year earnings guidance was maintained. Keeping guidance unchanged reduces the risk of a downward revision, although it may limit near-term upside because investors were not given a more optimistic forecast. Generac Maintains Full-Year 2026 Guidance
• Negative Sentiment: Revenue missed expectations. Quarterly sales of $1.29 billion fell short of the approximately $1.32 billion analyst consensus, which initially pressured the shares despite the EPS beat. Investors may also remain cautious because the stock’s valuation leaves less room for execution disappointments. Generac Revenue Misses Forecasts

Generac Company Profile

Generac Holdings Inc is a technology and energy solutions company that designs and manufactures power generation equipment and other energy-related products. Its offerings include standby and portable generators, commercial and industrial power systems, energy storage solutions, and products that help customers manage and monitor energy use.

The company serves residential, commercial, industrial, and utility customers. Its products are used for backup power, prime power, and distributed energy applications across homes, businesses, data centers, healthcare facilities, construction sites, and other critical operations.