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Generac (GNRC) Stock Forecast & Price Target

$155.27
+3.21 (+2.11%)
(As of 11:31 AM ET)

Generac - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 21 Wall Street analysts who have issued ratings for Generac in the last 12 months, the stock has a consensus rating of "Hold." Out of the 21 analysts, 2 have given a sell rating, 9 have given a hold rating, and 10 have given a buy rating for GNRC.

Consensus Price Target

$142.11
-8.48% Downside
High Forecast$177.00
Average Forecast$142.11
Low Forecast$78.00

According to the 21 analysts' twelve-month price targets for Generac, the average price target is $142.11. The highest price target for GNRC is $177.00, while the lowest price target for GNRC is $78.00. The average price target represents a forecasted downside of -8.48% from the current price of $155.27.

TypeCurrent Forecast
7/26/23 to 7/25/24
1 Month Ago
6/26/23 to 6/25/24
3 Months Ago
4/27/23 to 4/26/24
1 Year Ago
7/26/22 to 7/26/23
Consensus Rating
Hold
Hold
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
12 Buy rating(s)
15 Buy rating(s)
12 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
7 Hold rating(s)
8 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$142.11$141.67$141.65$153.09
Forecasted Upside-8.48% Downside11.65% Upside19.49% Upside17.67% Upside
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GNRC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GNRC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Generac Stock vs. The Competition

TypeGeneracComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.38
2.61
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-6.55% Downside123.64% Upside10.64% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/22/2024Piper Sandler
2 of 5 stars
 Boost TargetOverweight ➝ Overweight$150.00 ➝ $175.00+11.83%
7/16/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$149.00 ➝ $155.00-1.11%
7/16/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetBuy ➝ Buy$150.00 ➝ $177.00+11.93%
6/13/2024Janney Montgomery Scott
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S. Milligan
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DowngradeBuy ➝ Neutral$126.00 ➝ $154.00+7.92%
5/30/2024Guggenheim
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J. Osha
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DowngradeNeutral ➝ Sell$120.00-19.72%
5/23/2024Truist Financial
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 Boost TargetBuy ➝ Buy$160.00 ➝ $170.00+12.00%
5/22/2024Oppenheimer
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 DowngradeOutperform ➝ Market Perform
4/23/2024Roth Mkm
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 Boost TargetNeutral ➝ Neutral$120.00 ➝ $135.00-1.33%
4/2/2024OTR Global
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 UpgradeMixed ➝ Positive
2/15/2024UBS Group
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 Lower TargetBuy ➝ Buy$160.00 ➝ $150.00+27.76%
2/15/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$112.00 ➝ $129.00+6.74%
2/15/2024TD Cowen
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 Lower TargetOutperform$165.00 ➝ $144.00+16.66%
2/12/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$124.00 ➝ $128.00-2.57%
12/4/2023Stifel Nicolaus
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 Reiterated RatingBuy ➝ Buy$135.00+10.21%
11/15/2023Bank of America
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 UpgradeUnderperform ➝ Neutral$76.00 ➝ $110.00+0.35%
10/20/2023BNP Paribas
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 Initiated CoverageUnderperform$78.00-16.98%
10/3/2023Roth Capital
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C. Moore
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Reiterated RatingNeutral
9/28/2023Stephens
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 Reiterated RatingOverweight ➝ Overweight$175.00+58.83%
9/22/2023Scotiabank
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 Lower TargetSector Perform ➝ Sector Perform$165.00 ➝ $135.00+24.49%
8/3/2023The Goldman Sachs Group
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 Lower TargetBuy ➝ Buy$154.00 ➝ $135.00+16.43%
7/24/2023CL King
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 Initiated CoverageBuy$178.00+22.51%
7/11/2023Argus
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 UpgradeHold ➝ Buy$155.00+9.84%
2/17/2023Wells Fargo & Company
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 DowngradeOverweight ➝ Equal Weight$135.00+3.92%
2/2/2023Credit Suisse Group
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 Lower TargetOutperform$165.00 ➝ $159.00+25.65%
11/29/2022Jefferies Financial Group
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 DowngradeHold ➝ Underperform$95.00 ➝ $85.00-16.72%
11/3/2022Cowen
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 Lower Target$179.00 ➝ $157.00+53.29%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 11:55 AM ET.

GNRC Forecast - Frequently Asked Questions

What is Generac's forecast for 2024?

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Generac is $142.11, with a high forecast of $177.00 and a low forecast of $78.00.

Should I buy or sell Generac stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Generac in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GNRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GNRC, but not buy additional shares or sell existing shares.

Does Generac's stock price have much upside?

According to analysts, Generac's stock has a predicted upside of 9.50% based on their 12-month stock forecasts.

Has Generac been downgraded by Wall Street analysts recently?

Over the previous 90 days, Generac's stock had 3 downgrades by analysts.

What analysts cover Generac?

Generac has been rated by research analysts at Canaccord Genuity Group, Guggenheim, Janney Montgomery Scott, JPMorgan Chase & Co., Oppenheimer, Piper Sandler, and Truist Financial in the past 90 days.

Do Wall Street analysts like Generac more than its competitors?

Analysts like Generac less than other "computer and technology" companies. The consensus rating for Generac is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how GNRC compares to other companies.


This page (NYSE:GNRC) was last updated on 7/25/2024 by MarketBeat.com Staff

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