KeyCorp Predicts Generac's FY2026 Earnings (NYSE:GNRC)

Key Points

• KeyCorp forecasts Generac will earn $9.85 per share in FY2026, slightly above the $9.74 consensus estimate, while maintaining an “Overweight” rating and a $280 price target.
• Analyst sentiment remains broadly positive: Generac has a consensus “Moderate Buy” rating and an average price target of $290.55, supported by recent bullish calls from Piper Sandler and KeyBanc.
• Generac’s latest quarter exceeded EPS expectations, with earnings of $2.91 per share and revenue up 10.3% year over year, though the stock’s elevated valuation and recent insider selling present potential risks.

Generac Holdings Inc. (NYSE:GNRC - Free Report) - Stock analysts at KeyCorp issued their FY2026 earnings estimates for shares of Generac in a report issued on Thursday, October 8th. KeyCorp analyst J. Hammond anticipates that the technology company will post earnings of $9.85 per share for the year. KeyCorp currently has an "Overweight" rating and a $280.00 target price on the stock. The consensus estimate for Generac's current full-year earnings is $9.74 per share.

Other equities research analysts have also recently issued research reports about the company. Robert W. Baird set a $305.00 price objective on Generac in a research note on Thursday, July 30th. Wells Fargo & Company set a $280.00 price objective on Generac in a report on Thursday, September 17th. Weiss Ratings raised Generac from a "hold (c-)" rating to a "hold (c)" rating in a research report on Wednesday, August 5th. UBS Group reaffirmed a "buy" rating on shares of Generac in a research report on Friday, September 25th. Finally, Citigroup cut their target price on Generac from $300.00 to $232.00 and set a "neutral" rating on the stock in a report on Wednesday, September 30th. Two research 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. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $290.55.

Generac Stock Up 0.1%

GNRC stock opened at $225.18 on Monday. The stock's 50 day simple moving average is $203.31 and its 200 day simple moving average is $226.91. 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 company has a market cap of $13.29 billion, a P/E ratio of 51.88, a price-to-earnings-growth ratio of 1.92 and a beta of 1.91.

Generac (NYSE:GNRC - Get Free Report) last released its earnings results on Wednesday, July 29th. The technology company reported $2.91 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.01 by $0.90. Generac had a net margin of 5.82% and a return on equity of 17.83%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the company earned $1.65 EPS. Generac's quarterly revenue was up 10.3% compared to the same quarter last year.

Insider Transactions at Generac

In other Generac news, insider Norman Taffe sold 150 shares of the stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $220.00, for a total value of $33,000.00. Following the completion of the sale, the insider owned 10,976 shares in the company, valued at approximately $2,414,720. This trade represents a 1.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kyle Raabe sold 603 shares of Generac 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 transaction, the insider directly owned 9,966 shares in the company, valued at approximately $2,118,472.62. This represents a 5.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 18,442 shares of company stock worth $3,656,537 in the last quarter. 2.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Generac

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wedmont Private Capital grew its position in shares of Generac by 7.8% during the 3rd quarter. Wedmont Private Capital now owns 1,864 shares of the technology company's stock valued at $418,000 after purchasing an additional 135 shares in the last quarter. Stableford Capital II LLC bought a new position in shares of Generac in the third quarter worth $1,702,000. Diversified Management Inc. increased its holdings in shares of Generac by 56.4% in the third quarter. Diversified Management Inc. now owns 1,564 shares of the technology company's stock worth $324,000 after purchasing an additional 564 shares during the period. GAMMA Investing LLC raised its position in shares of Generac by 8.1% in the third quarter. GAMMA Investing LLC now owns 2,882 shares of the technology company's stock worth $596,000 after buying an additional 215 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Generac by 17.9% in the third quarter. Farther Finance Advisors LLC now owns 3,117 shares of the technology company's stock worth $645,000 after buying an additional 473 shares in the last quarter. 84.04% of the stock is owned by hedge funds and other institutional investors.

Key Generac News

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Piper Sandler initiated coverage with an “overweight” rating and a $303 price target, implying substantial upside from recent trading levels. The firm’s bullish view adds fresh analyst support to Generac’s growth story. Piper Sandler initiates coverage
• Positive Sentiment: KeyBanc upgraded GNRC to “overweight” and set a $280 target. Analysts cited potential data-center expansion and improving commercial and industrial demand, helping push the shares toward a three-month high. KeyBanc upgrades Generac
• Positive Sentiment: KeyBanc’s earnings projections point to significant profit growth. The firm estimates $2.46 in Q3 2026 EPS, $2.68 in Q4 EPS and $13.90 in FY2027 EPS, well above the current-year consensus of $9.73. This supports the view that data-center-related demand could become a durable revenue driver. Analyst insights on Generac
• Neutral Sentiment: Insiders Norman Taffe and Kyle Raabe sold shares under pre-arranged Rule 10b5-1 plans. The transactions totaled roughly 1,153 shares and were small relative to their remaining holdings, limiting their significance as a signal about Generac’s fundamentals. Generac insider trading activity
• Negative Sentiment: Valuation and execution risks could temper further gains. GNRC trades at a high earnings multiple after a substantial advance, leaving the stock vulnerable if residential demand remains soft, tariffs increase costs or commercial growth produces margin pressure.

Generac Company Profile

Generac Holdings Inc is an energy technology company that designs and manufactures power generation equipment, energy storage systems and other products intended to provide backup and distributed energy solutions. Its offerings serve residential, commercial, industrial and other users seeking standby power, portable power or greater control over energy use.

The company's product portfolio includes home standby generators, portable generators, commercial and industrial generators, mobile power equipment, engines and related transfer switches and controls.

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