Generac (NYSE:GNRC) Given New $275.00 Price Target at Canaccord Genuity Group

Posted by George Bondi on Jul 31st, 2026

Generac (NYSE:GNRC – Free Report) had its price target decreased by Canaccord Genuity Group from $325.00 to $275.00 in a research report released on Thursday,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the technology company’s stock.

A number of other research analysts have also recently commented on GNRC. UBS Group boosted their target price on shares of Generac from $305.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. Stifel Nicolaus raised their price target on shares of Generac from $275.00 to $285.00 and gave the company a “buy” rating in a report on Thursday. TD Cowen reiterated a “buy” rating on shares of Generac in a report on Monday, July 20th. Citigroup upped their price objective on shares of Generac from $263.00 to $300.00 and gave the company a “neutral” rating in a research report on Thursday, July 2nd. Finally, Robert W. Baird set a $305.00 target price on Generac in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Generac has an average rating of “Moderate Buy” and an average target price of $284.58.

Check Out Our Latest Report on GNRC

Generac Price Performance

Shares of NYSE GNRC opened at $192.29 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.04 and a quick ratio of 0.99. Generac has a 1-year low of $134.80 and a 1-year high of $296.44. The company has a market capitalization of $11.32 billion, a price-to-earnings ratio of 44.31, a PEG ratio of 1.83 and a beta of 1.89. The business has a 50-day moving average of $252.07 and a 200-day moving average of $224.57.

Generac (NYSE:GNRC – Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $2.91 EPS for the quarter, beating the consensus estimate of $2.01 by $0.90. The business had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. Generac had a return on equity of 17.83% and a net margin of 5.82%.The company’s revenue was up 10.3% on a year-over-year basis. During the same period last year, the business posted $1.65 EPS. On average, equities analysts anticipate that Generac will post 8.91 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Norman P. Taffe sold 550 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $256.00, for a total value of $140,800.00. Following the sale, the insider directly owned 15,808 shares of the company’s stock, valued at $4,046,848. This represents a 3.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Aaron Jagdfeld sold 5,000 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $272.18, for a total transaction of $1,360,900.00. Following the transaction, the chief executive officer owned 564,528 shares in the company, valued at $153,653,231.04. This trade represents a 0.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,100 shares of company stock valued at $1,651,443 in the last three months. Corporate insiders own 2.40% of the company’s stock.

Hedge Funds Weigh In On Generac

A number of hedge funds have recently bought and sold shares of the company. MUFG Securities EMEA plc bought a new stake in Generac in the second quarter valued at about $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Generac in the 3rd quarter worth approximately $26,000. Avalon Trust Co acquired a new position in shares of Generac in the 1st quarter worth approximately $32,000. Essential Partners LLC increased its holdings in shares of Generac by 57.0% in the 1st quarter. Essential Partners LLC now owns 168 shares of the technology company’s stock valued at $33,000 after acquiring an additional 61 shares during the last quarter. Finally, GHP Investment Advisors Inc. bought a new stake in shares of Generac in the 1st quarter valued at approximately $36,000. 84.04% of the stock is currently owned by institutional investors and hedge funds.

Key Generac News

Here are the key news stories impacting Generac this week:

Positive Sentiment: Generac reported second-quarter adjusted EPS of $2.91, well above the roughly $2.01 consensus estimate and up from $1.65 a year earlier. Revenue increased 10.3% year over year to $1.17 billion. Generac Reports Second Quarter 2026 Results
Positive Sentiment: Demand from commercial and industrial customers, particularly artificial-intelligence data centers, remains the key catalyst. Generac said its data-center backlog reached approximately $1.6 billion, while expanding capacity and hyperscaler supply agreements provide visibility into significant 2027 growth. Generac Q2 Earnings Call Highlights Data Center Expansion
Positive Sentiment: Management reaffirmed its 2026 revenue outlook and raised commercial and industrial growth expectations to the low-30% range. Cantor Fitzgerald also raised its price target to $333 and maintained an Overweight rating. Cantor Fitzgerald price target report
Neutral Sentiment: Guggenheim initiated or reiterated a Hold rating, while Canaccord Genuity lowered its price target from $325 to $275 but retained a Buy rating. The mixed recommendations suggest analysts remain positive on the long-term opportunity but cautious about execution and valuation.
Negative Sentiment: Quarterly revenue fell slightly short of estimates, residential sales declined 2% amid soft housing, solar and storage conditions, and weak outage activity. In addition, part of the earnings beat came from a $71 million tariff refund, raising questions about the sustainability of the quarter’s unusually strong margins. Generac misses Q2 sales expectations

About Generac

(Get Free Report)

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.