Generac (NYSE:GNRC) Earns “Buy” Rating from Needham & Company LLC

Generac (NYSE:GNRC)‘s stock had its “buy” rating reissued by equities research analysts at Needham & Company LLC in a research note issued to investors on Thursday,Benzinga reports. They currently have a $277.00 price target on the technology company’s stock. Needham & Company LLC’s target price points to a potential upside of 42.39% from the company’s previous close.

Several other equities research analysts have also recently issued reports on the stock. Zacks Research raised shares of Generac from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 19th. Jefferies Financial Group initiated coverage on shares of Generac in a report on Friday, March 20th. They set a “hold” rating and a $222.00 target price on the stock. Wells Fargo & Company raised their target price on Generac from $185.00 to $234.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Stifel Nicolaus set a $235.00 price target on shares of Generac in a research note on Thursday, February 12th. Finally, Roth Mkm reiterated a “neutral” rating and issued a $220.00 price target on shares of Generac in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Generac currently has an average rating of “Moderate Buy” and an average target price of $228.47.

Generac Stock Performance

NYSE GNRC opened at $194.54 on Thursday. The business has a 50 day moving average price of $200.77 and a 200 day moving average price of $175.76. The company has a market capitalization of $11.42 billion, a P/E ratio of 72.59, a PEG ratio of 1.44 and a beta of 1.74. Generac has a 1-year low of $99.50 and a 1-year high of $241.09. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.03 and a quick ratio of 1.00.

Generac (NYSE:GNRC) last released its quarterly earnings data on Wednesday, February 11th. The technology company reported $1.61 EPS for the quarter, missing the consensus estimate of $1.81 by ($0.20). Generac had a return on equity of 14.55% and a net margin of 3.79%.The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the prior year, the firm earned $2.80 earnings per share. Generac’s quarterly revenue was down 11.6% on a year-over-year basis. Sell-side analysts expect that Generac will post 8 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO York A. Ragen sold 24,362 shares of the firm’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 completion of the transaction, the chief financial officer owned 137,182 shares of the company’s stock, valued at $32,321,451.02. This trade represents a 15.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Generac

Institutional investors and hedge funds have recently modified their holdings of the stock. Invesco Ltd. raised its holdings in Generac by 49.9% during the 4th quarter. Invesco Ltd. now owns 2,423,971 shares of the technology company’s stock worth $330,557,000 after buying an additional 806,430 shares during the period. State Street Corp raised its holdings in shares of Generac by 2.1% during the 2nd quarter. State Street Corp now owns 2,189,927 shares of the technology company’s stock valued at $313,619,000 after purchasing an additional 45,592 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Generac by 17.9% during the 3rd quarter. Victory Capital Management Inc. now owns 2,138,139 shares of the technology company’s stock valued at $355,530,000 after acquiring an additional 324,809 shares during the last quarter. Boston Partners grew its stake in Generac by 7.1% in the 3rd quarter. Boston Partners now owns 1,947,332 shares of the technology company’s stock valued at $326,003,000 after buying an additional 128,439 shares during the last quarter. Finally, Ariel Investments LLC lifted its position in shares of Generac by 11.7% during the 2nd quarter. Ariel Investments LLC now owns 1,804,595 shares of the technology company’s stock worth $258,436,000 after purchasing an additional 188,717 shares during the last quarter. Institutional investors and hedge funds own 84.04% of the company’s stock.

Key Stories Impacting Generac

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Needham reaffirmed its “buy” rating and kept a $277 price target, signaling conviction in Generac’s longer‑term growth trajectory. Needham Reaffirms Buy
• Positive Sentiment: Wells Fargo raised its price target from $234 to $238 and moved to an “overweight” stance, backing upside tied to data‑center momentum. Wells Fargo Raises PT
• Positive Sentiment: Barclays lifted its target to $228 and kept an “equal weight” rating, reflecting constructive but measured expectations. Barclays Raises PT
• Neutral Sentiment: Bank of America trimmed its target from $260 to $248 but maintained a “buy” view — a modest downgrade of optimism but still bullish. BofA Lowers PT
• Neutral Sentiment: Q4 sector rundowns compare Generac to renewable peers as earnings season closes — useful context on relative performance but not a single catalyst. Q4 Rundown
• Neutral Sentiment: Market pieces note GNRC has rallied ~51% over three months, flagging valuation and limited near‑term upside even as fundamentals improve. 51% Surge Article
• Negative Sentiment: Shares fell after investor day failed to produce a confirmed hyperscaler/data‑center contract, disappointing investors hoping for concrete hyperscaler deals. Investor Day Disappointment

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.