Generac (NYSE:GNRC) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

17 Sep 2026, 08:07 by Scott Moore · The Cerbat Gem

Generac (NYSE:GNRC – Get Free Report) had its price objective raised by equities researchers at Canaccord Genuity Group from $275.00 to $375.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the technology company’s stock. Canaccord Genuity Group’s target price suggests a potential upside of 113.91% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Robert W. Baird set a $305.00 price target on shares of Generac in a research report on Thursday, July 30th. TD Cowen restated a “buy” rating on shares of Generac in a research report on Monday, July 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $283.00 price objective on shares of Generac in a research note on Thursday. Weiss Ratings upgraded shares of Generac from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 5th. Finally, UBS Group increased their target price on shares of Generac from $335.00 to $340.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Generac currently has a consensus rating of “Moderate Buy” and an average target price of $292.25.

View Our Latest Report on GNRC

Generac Price Performance

Shares of NYSE:GNRC opened at $175.31 on Thursday. The stock has a market cap of $10.34 billion, a price-to-earnings ratio of 40.39, a PEG ratio of 1.49 and a beta of 1.91. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.04 and a quick ratio of 1.00. Generac has a 12 month low of $134.80 and a 12 month high of $296.44. The stock’s 50 day moving average price is $203.64 and its 200 day moving average price is $226.70.

Generac (NYSE:GNRC – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The technology company reported $2.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.90. Generac had a return on equity of 17.83% and a net margin of 5.82%.The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period last year, the firm earned $1.65 EPS. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. Equities research analysts anticipate that Generac will post 9.78 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Aaron Jagdfeld sold 5,000 shares of Generac stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $182.21, for a total value of $911,050.00. Following the transaction, the chief executive officer owned 549,528 shares of the company’s stock, valued at approximately $100,129,496.88. This trade represents a 0.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Norman P. Taffe sold 400 shares of the business’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $188.70, for a total value of $75,480.00. Following the sale, the insider owned 11,276 shares in the company, valued at approximately $2,127,781.20. The trade was a 3.43% decrease in their position. 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. Insiders sold a total of 12,086 shares of company stock valued at $2,347,160 over the last three months. Insiders own 2.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GNRC. Nicollet Investment Management Inc. grew its holdings in shares of Generac by 0.7% during the fourth quarter. Nicollet Investment Management Inc. now owns 7,734 shares of the technology company’s stock valued at $1,055,000 after buying an additional 50 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of Generac by 32.9% in the 1st quarter. Root Financial Partners LLC now owns 218 shares of the technology company’s stock worth $43,000 after acquiring an additional 54 shares during the last quarter. Essential Partners LLC raised its holdings in shares of Generac by 57.0% in the 1st 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. Oarsman Capital Inc. lifted its position in Generac by 4.3% in the 2nd quarter. Oarsman Capital Inc. now owns 1,492 shares of the technology company’s stock valued at $437,000 after acquiring an additional 61 shares in the last quarter. Finally, Arizona State Retirement System boosted its stake in Generac by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 16,190 shares of the technology company’s stock valued at $4,741,000 after purchasing an additional 64 shares during the last quarter. 84.04% of the stock is owned by hedge funds and other institutional investors.

Generac News Roundup

Here are the key news stories impacting Generac this week:

Positive Sentiment: Significant revenue opportunity: Generac expects initial generator deliveries worth approximately $2.4 billion in 2027 and 2028. Payments connected to the broader relationship could reach as much as $8 billion, providing substantial multi-year visibility and exposure to data-center infrastructure spending. Generac, Amazon strike $2.4 billion long-term generator supply deal
Positive Sentiment: Strategic customer validation: Amazon’s commitment strengthens Generac’s position in the fast-growing market for reliable backup power for data centers and could support manufacturing utilization, future orders and investor confidence in the company’s commercial business. Generac surges on $2.4B Amazon data-center deal
Neutral Sentiment: Amazon receives equity rights: As part of the arrangement, Amazon received warrants to purchase up to approximately $340 million of Generac shares. The warrants align Amazon’s interests with Generac’s performance, but the eventual exercise of those rights could dilute existing shareholders. Amazon obtains right to buy stock in Generac
Negative Sentiment: Execution and concentration risks: The agreement’s longer-term value depends on Amazon’s data-center buildout, Generac’s ability to deliver at scale and the terms governing future purchases. Investors may also assess whether the sizable customer relationship increases dependence on a single large buyer and whether warrant issuance limits per-share upside.

Generac Company Profile

(Get Free Report)

Generac Holdings Inc is an energy technology company that designs and manufactures power generation and energy management products. Its portfolio includes residential standby generators, portable generators, commercial and industrial generator systems, and related transfer switches, controls and monitoring technologies.