Generac Holdings Inc. GNRC has recently reported better-than-expected fourth-quarter 2024 results, wherein adjusted earnings per share (EPS) of $2.80 and net sales of $1.23 billion beat the respective ...

Generac missed bottomline estimates in a big way, and the FY23 guidance was scaled down as well. The residential end-market looks weak, but the risk of higher power outages may help tilt sentiment.

CEO Aaron Jagdfeld highlighted a record-breaking fourth quarter, driven by robust demand for home standby and portable generators, fueled by elevated power outages. Residential product sales increased ...

BofA Securities adjusted its price target to $224, maintaining a Buy rating, and highlighted a successful pivot to data centers, despite temporary residential sales weakness. Wells Fargo also upgraded ...

UBS maintained its Buy rating and a price target of $220, highlighting Generac’s strong position in both commercial and residential power markets. Stifel also reaffirmed its Buy rating with a $210 ...