What is KeyCorp’s Forecast for Generac Q3 Earnings?

Posted by Geri Gentry on Oct 9th, 2026

Generac Holdings Inc. (NYSE:GNRC – Free Report) – Investment analysts at KeyCorp issued their Q3 2026 earnings per share (EPS) estimates for Generac in a report released on Thursday, October 8th. KeyCorp analyst J. Hammond anticipates that the technology company will post earnings per share of $2.46 for the quarter. KeyCorp currently has a “Overweight” rating and a $280.00 target price on the stock. The consensus estimate for Generac’s current full-year earnings is $9.73 per share. KeyCorp also issued estimates for Generac’s Q4 2026 earnings at $2.68 EPS and FY2027 earnings at $13.90 EPS.

Generac (NYSE:GNRC – Get Free Report) last released its quarterly earnings data 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. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.18 billion. Generac had a return on equity of 17.83% and a net margin of 5.82%.The firm’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.65 EPS.

GNRC has been the topic of several other reports. Cantor Fitzgerald decreased their price target on Generac from $333.00 to $297.00 and set an “overweight” rating on the stock in a research report on Monday. Citigroup cut their price objective on shares of Generac from $300.00 to $232.00 and set a “neutral” rating for the company in a research report on Wednesday, September 30th. Stephens reaffirmed an “overweight” rating and set a $335.00 price objective on shares of Generac in a research note on Thursday, September 17th. Robert W. Baird set a $305.00 target price on shares of Generac in a report on Thursday, July 30th. Finally, HSBC cut shares of Generac to a “hold” rating and set a $333.00 target price on the stock. in a research note on Thursday, September 17th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $290.55.

Check Out Our Latest Stock Report on Generac

Generac Stock Up 1.4%

Shares of NYSE GNRC opened at $224.36 on Friday. Generac has a 52 week low of $134.80 and a 52 week high of $296.44. The business has a 50-day simple moving average of $202.75 and a two-hundred day simple moving average of $226.75. The company has a quick ratio of 1.00, a current ratio of 2.04 and a debt-to-equity ratio of 0.43. The company has a market cap of $13.24 billion, a P/E ratio of 51.70, a P/E/G ratio of 1.90 and a beta of 1.91.

Institutional Investors Weigh In On Generac

Several hedge funds have recently bought and sold shares of GNRC. BlackRock Inc. bought a new position in shares of Generac in the 2nd quarter worth $1,170,960,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Generac by 9.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,038,493 shares of the technology company’s stock worth $202,849,000 after acquiring an additional 86,863 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Generac during the 2nd quarter worth $175,942,000. Park Presidio Capital LLC purchased a new position in Generac in the second quarter worth $158,140,000. Finally, Amundi grew its position in Generac by 5.0% in the second quarter. Amundi now owns 454,516 shares of the technology company’s stock worth $133,087,000 after acquiring an additional 21,500 shares in the last quarter. 84.04% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Generac

In related news, insider Norman P. Taffe sold 150 shares of the company’s stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $220.00, for a total value of $33,000.00. Following the transaction, the insider directly owned 10,976 shares in the company, valued at approximately $2,414,720. This represents a 1.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Aaron Jagdfeld sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $206.00, for a total transaction of $1,030,000.00. Following the completion of the sale, the chief executive officer directly owned 544,528 shares in the company, valued at $112,172,768. This represents a 0.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 18,442 shares of company stock valued at $3,656,537 in the last 90 days. Corporate insiders own 2.40% of the company’s stock.

Key Generac News

Here are the key news stories impacting Generac this week:

Positive Sentiment: Piper Sandler initiated coverage at “overweight” with a $303 price target, implying meaningful upside and adding fresh institutional support for the stock. Piper Sandler initiates coverage of Generac Holdings at overweight
Positive Sentiment: KeyBanc upgraded Generac from “sector weight” to “overweight” and set a $280 price objective. The upgrade reflects expectations that data-center and commercial power demand can strengthen Generac’s growth outlook. KeyBanc upgrades Generac Holdings
Positive Sentiment: Investors are focusing on Generac’s data-center backlog and commercial and industrial opportunity. Analysts see rising demand for backup and distributed power to support data-center construction and AI-related electricity needs, potentially helping offset softer residential demand. GNRC Pops on Piper’s $303 Call, Data-Center Backlog
Positive Sentiment: A cash-flow valuation analysis suggested GNRC may be approximately 20% undervalued, supporting the argument that the recent rally may not fully reflect its longer-term earnings and cash-generation potential. Generac Stock May Be 20% Undervalued on Cash Flow
Neutral Sentiment: Several insiders sold shares under pre-arranged Rule 10b5-1 plans. Kyle Raabe sold 603 shares, while Norman Taffe sold 550 shares across two transactions. The sales were relatively small compared with their remaining holdings and therefore appear unlikely to change the fundamental outlook. Generac insider selling alert
Negative Sentiment: GNRC’s valuation remains demanding, with a P/E ratio above 50 based on the supplied trading data. That valuation leaves the stock sensitive to any disappointment in data-center execution, residential demand, margins or future earnings growth.

Generac Company Profile

(Get Free Report)

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.