Generac (GNRC) Stock Forecast & Price Target

$159.47

+6.69 (+4.38%)

(As of 07/26/2024 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

Hold
Based on 21 Analyst Ratings

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
-10.89% 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 -10.89% from the current price of $159.47.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
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	-10.89% Downside	11.65% Upside	19.49% Upside	17.67% 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.

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.

Generac Stock vs. The Competition

Type	Generac	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.38	2.61	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	-10.51% Downside	555.53% Upside	9.14% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/22/2024	Piper Sandler 2 of 5 stars		Boost Target	Overweight ➝ Overweight	$150.00 ➝ $175.00	+11.83%
7/16/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Neutral ➝ Neutral	$149.00 ➝ $155.00	-1.11%
7/16/2024	Canaccord Genuity Group 1 of 5 stars		Boost Target	Buy ➝ Buy	$150.00 ➝ $177.00	+11.93%
6/13/2024	Janney Montgomery Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Milligan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$126.00 ➝ $154.00	+7.92%
5/30/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Osha Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Sell	$120.00	-19.72%
5/23/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$160.00 ➝ $170.00	+12.00%
Get the Latest News and Ratings for GNRC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Generac and its competitors with MarketBeat's FREE daily newsletter.
5/22/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
4/23/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$120.00 ➝ $135.00	-1.33%
4/2/2024	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Mixed ➝ Positive
2/15/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$160.00 ➝ $150.00	+27.76%
2/15/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$112.00 ➝ $129.00	+6.74%
2/15/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$165.00 ➝ $144.00	+16.66%
2/12/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$124.00 ➝ $128.00	-2.57%
12/4/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$135.00	+10.21%
11/15/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$76.00 ➝ $110.00	+0.35%
10/20/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform	$78.00	-16.98%
10/3/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Moore Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral
9/28/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$175.00	+58.83%
9/22/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform ➝ Sector Perform	$165.00 ➝ $135.00	+24.49%
8/3/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$154.00 ➝ $135.00	+16.43%
7/24/2023	CL King Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$178.00	+22.51%
7/11/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$155.00	+9.84%
2/17/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$135.00	+3.92%
2/2/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$165.00 ➝ $159.00	+25.65%
11/29/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Underperform	$95.00 ➝ $85.00	-16.72%
11/3/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		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 Friday at 09:28 PM 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 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 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.