Generac (NYSE:GNRC) Price Target Raised to $280.00 at Wells Fargo & Company

Key Points

• Wells Fargo raised its price target for Generac from $238 to $280 and kept an overweight rating, implying roughly a 7.9% upside from the prior close.
• Generac beat Q1 EPS and revenue estimates, reported about 12% year‑over‑year sales growth, raised its full‑year sales outlook and highlighted a growing data‑center backlog that should drive higher‑margin commercial/industrial demand.
• Analysts have a consensus of Moderate Buy with an average target of $258.63, but the stock trades near $259.47 with a high P/E (~81) and a strong YTD rally, which raises valuation and short‑term pullback risk.

Generac (NYSE:GNRC - Get Free Report) had its target price upped by investment analysts at Wells Fargo & Company from $238.00 to $280.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an "overweight" rating on the technology company's stock. Wells Fargo & Company's target price points to a potential upside of 7.91% from the company's previous close.

GNRC has been the topic of several other research reports. Weiss Ratings restated a "hold (c)" rating on shares of Generac in a research note on Thursday, January 22nd. UBS Group restated a "buy" rating and issued a $270.00 target price on shares of Generac in a research note on Friday, February 13th. Jefferies Financial Group started coverage on shares of Generac in a research note on Friday, March 20th. They issued a "hold" rating and a $222.00 target price on the stock. Barclays boosted their target price on shares of Generac from $213.00 to $228.00 and gave the company an "equal weight" rating in a research note on Friday, March 27th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Generac from $229.00 to $267.00 and gave the company an "overweight" rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company's stock. According to MarketBeat, Generac has a consensus rating of "Moderate Buy" and an average price target of $258.63.

Generac Stock Performance

Generac stock traded up $0.24 on Friday, hitting $259.47. The company's stock had a trading volume of 45,050 shares, compared to its average volume of 1,090,030. The firm has a market cap of $15.23 billion, a P/E ratio of 81.41, a price-to-earnings-growth ratio of 2.50 and a beta of 1.78. The company has a quick ratio of 1.00, a current ratio of 2.03 and a debt-to-equity ratio of 0.47. The company has a fifty day moving average price of $211.52 and a 200-day moving average price of $181.70. Generac has a one year low of $113.12 and a one year high of $260.02.

Generac (NYSE:GNRC - Get Free Report) last issued its earnings results on Wednesday, April 29th. The technology company reported $1.80 EPS for the quarter, beating the consensus estimate of $1.33 by $0.47. Generac had a net margin of 4.37% and a return on equity of 15.45%. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.05 billion. During the same quarter in the previous year, the company earned $1.26 EPS. The firm's revenue for the quarter was up 12.5% compared to the same quarter last year. On average, equities analysts anticipate that Generac will post 8.42 earnings per share for the current year.

Insider Transactions at Generac

In related news, CFO York A. Ragen sold 24,362 shares of the company's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $235.61, for a total transaction of $5,739,930.82. Following the transaction, the chief financial officer owned 137,182 shares in the company, valued at $32,321,451.02. This represents a 15.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GNRC. NewEdge Advisors LLC lifted its position in Generac by 6.2% during the 1st quarter. NewEdge Advisors LLC now owns 2,439 shares of the technology company's stock worth $309,000 after buying an additional 142 shares in the last quarter. Woodline Partners LP lifted its position in Generac by 40.9% during the 1st quarter. Woodline Partners LP now owns 5,036 shares of the technology company's stock worth $638,000 after buying an additional 1,463 shares in the last quarter. First Trust Advisors LP lifted its position in Generac by 27.6% during the 2nd quarter. First Trust Advisors LP now owns 101,298 shares of the technology company's stock worth $14,507,000 after buying an additional 21,908 shares in the last quarter. Cerity Partners LLC lifted its position in Generac by 1.6% during the 2nd quarter. Cerity Partners LLC now owns 50,550 shares of the technology company's stock worth $7,239,000 after buying an additional 816 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in Generac by 8.6% during the 2nd quarter. California Public Employees Retirement System now owns 104,246 shares of the technology company's stock worth $14,929,000 after buying an additional 8,213 shares in the last quarter. Institutional investors and hedge funds own 84.04% of the company's stock.

Key Headlines Impacting Generac

Here are the key news stories impacting Generac this week:

• Positive Sentiment: Q1 beat and raised guidance — Generac beat EPS and revenue estimates for Q1, posted ~12% sales growth, raised its full‑year revenue outlook to the mid‑to‑high teens and highlighted a growing data‑center backlog that supports higher future sales. Article Title
• Positive Sentiment: Data‑center demand & margin expansion — Commentary and analysis point to outsized demand from data centers plus margin expansion as the primary drivers of the quarter’s outperformance. This shifts Generac’s mix toward higher‑margin commercial/industrial opportunities. Article Title
• Positive Sentiment: Analyst upgrades — TD Cowen raised its price target (to $285) and reiterated a buy view, and JPMorgan raised its target to $267 with an overweight rating; such upgrades can sustain buying interest. Article Title Article Title
• Neutral Sentiment: Order backlog and C&I growth — Management cited a ~ $700M backlog and strong commercial & industrial segment growth (plus strategic M&A) — supportive but timing of conversion into revenue is variable. Article Title
• Neutral Sentiment: Further reading & transcripts — The earnings call transcript and multiple deep dives are available for investors who want detail on guidance drivers, segment outlooks and capital allocation. Article Title
• Negative Sentiment: Valuation and profit‑taking risk — Several analysts/commentators warn GNRC’s rally (~95% YTD in some notes) makes it a tricky trade; high P/E and a sizable move raise the risk of short‑term pullbacks. Article Title
• Negative Sentiment: “AI beneficiary at a hefty price” — Coverage flags that while Generac is an AI/data‑center beneficiary, the premium investors are paying could limit upside and amplify downside if data‑center demand softens. Article Title

About Generac

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.

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