Live News • Jun 12
Generac Wins Global Data Center Deal as AI Business Fuels Sales Surge Generac signed a global supply agreement with a leading hyperscale data center operator to provide large megawatt backup power generators after an extensive qualification process.
The company reported a strong first quarter of 2026, with net sales growing 12% year over year, driven mainly by its Commercial & Industrial segment, especially data center and AI projects.
Management raised full-year 2026 guidance to mid to high teens net sales growth and outlined an expectation for low to mid 20% compound annual growth over the next three years in its commercial business, while Wall Street analysts responded positively and upgraded the stock.
This latest contract and guidance update highlight how central data center and AI infrastructure demand has become to Generac’s growth story, particularly within its Commercial & Industrial segment.
Investors may want to keep an eye on execution risk around large hyperscale contracts and how concentrated data center demand affects the company’s earnings mix over time. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$239, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 17x in the Electrical industry in the US. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$265 per share. Live News • Jun 05
Generac Expands Global Presence With Major Data Center Supply Deal and Sector Recognition Generac signed a global supply agreement with a leading hyperscale data center operator to provide large megawatt backup power generators for critical digital infrastructure worldwide.
The company’s Commercial & Industrial segment recorded 12% year-over-year net sales growth in the first quarter, supported by demand from data centers and AI projects.
Generac’s SD3250 3.25MW diesel generator, aimed at mission-critical uses such as data centers and healthcare, received a Gold award in the Power Generation & Electrical Infrastructure category of the 2026 Consulting-Specifying Engineer Product of the Year awards.
Taken together, the new hyperscale contract, C&I segment growth, and product recognition indicate that Generac is building a stronger position in large-scale backup power for data centers and other mission-critical facilities tied to AI and cloud infrastructure.
Investors may want to pay close attention to how the company scales global manufacturing capacity, its execution on additional hyperscaler contracts, and any concentration risks linked to a relatively small group of very large customers. Recent Insider Transactions Derivative • Jun 01
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of June. If the sale is conducted around the recent share price of US$272, it would amount to US$1.4m. For the year to December 2019, Aaron's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Aaron's direct individual holding has increased from 567.97k shares to 569.53k. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • May 03
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of May. If the sale is conducted around the recent share price of US$260, it would amount to US$1.3m. For the year to December 2019, Aaron's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Aaron's direct individual holding has increased from 567.97k shares to 574.53k. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months. Announcement • May 02
Generac Holdings Inc., Annual General Meeting, Jun 11, 2026 Generac Holdings Inc., Annual General Meeting, Jun 11, 2026. Location: s45 w29290 hwy. 59, wisconsin 53189, waukesha, United States Price Target Changed • May 01
Price target increased by 7.7% to US$266 Up from US$247, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of US$259. Stock is up 126% over the past year. The company is forecast to post earnings per share of US$7.36 for next year compared to US$2.73 last year. Announcement • May 01
Generac Holdings Inc. Provides Earnings Guidance for Full-Year 2026 Generac Holdings Inc. provided earnings guidance for the full-year 2026. For the period, the company expects Total net sales growth is now expected to be in the mid-to-high teens percent range as compared to the prior year, which includes an approximate 2% favorable impact from the net effect of foreign currency, acquisitions, and divestitures. This compares to the previous expectation for total net sales growth in the mid-teens percent range. the Company still expects net income margin, before deducting for non-controlling interests, to be approximately 8.0 to 9.0% for the full-year 2026. Reported Earnings • Apr 30
First quarter 2026 earnings: EPS exceeds analyst expectations First quarter 2026 results: EPS: US$1.25 (up from US$0.74 in 1Q 2025). Revenue: US$1.06b (up 12% from 1Q 2025). Net income: US$73.3m (up 67% from 1Q 2025). Profit margin: 6.9% (up from 4.7% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 30
Generac Holdings Inc. (NYSE : GNRC) acquired Allmand Bros., Inc. Generac Holdings Inc. (NYSE : GNRC) acquired Allmand Bros., Inc. on January 5, 2026.
Generac Holdings Inc. (NYSE : GNRC) completed the acquisition of Allmand Bros., Inc. on January 5, 2026. Announcement • Apr 16
Generac Holdings Inc. to Report Q1, 2026 Results on Apr 29, 2026 Generac Holdings Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 29, 2026 Recent Insider Transactions Derivative • Apr 07
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of April. If the sale is conducted around the recent share price of US$200, it would amount to US$999k. For the year to December 2019, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Aaron's direct individual holding has increased from 567.97k shares to 574.53k. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Mar 18
Generac Holdings Inc. Introduces SD1250 And SD1500 Diesel Generators Generac Holdings Inc. announced the launch of its new SD1250 & SD1500 diesel generators, designed to deliver reliable, efficient power for higher power applications. The new generators, powered by a robust Perkins 5012 46-liter engine, fill a critical gap in the industrial market, offering improved fuel efficiency, reduced emissions and a smaller footprint. Built for mission-critical applications such as data centers, healthcare facilities, water utilities and heavy commercial and industrial segments, the new generators combine cutting-edge technology, such as the latest generator packaging techniques, with proven durability. The new generators feature: A robust Perkins 5012 V-12, 46L engine delivering maximum durability and power output. A modern common rail fuel system reducing fuel consumption and emissions. Marathon MagnaMax alternators with low reactance winding minimize harmonics for stable power delivery. The Deep Sea G8601 advanced controller offering onboard paralleling, high configurability and intuitive interface for industrial control performance. High Ambient Cooling Package allowing operation at 50°C (122°F) for reliable performance in extreme conditions. Flexible Voltage Options offering low and medium voltages up to 4,160V for diverse applications. Redundant starting system with fully isolated backup starters, batteries and chargers to eliminate single points of failure. Generac Link Manager hardware as standard equipment, enabling real-time remote monitoring, control, and proactive notifications. Factory designed and built enclosures and tanks that reduce lead time and ensure full systems validation and compliance. As part of the broader Generac Industrial Energy portfolio, the new SD1250 and SD1500 generators reinforce the company's mission to lead the evolution toward more resilient, efficient and sustainable energy solutions. These high-capacity diesel generators integrate seamlessly into Generac's total energy ecosystem, spanning generation, storage, management and distribution, and empowering businesses with reliable, future-ready energy infrastructure to meet today's instability and tomorrow's growing demands. Generac offers leading product availability with competitive open generator set lead times of 30–36 weeks and a resilient supply chain to meet increased demand. The new SD1250 & SD1500 generators will begin shipping to customers in the second quarter of 2026. Recent Insider Transactions • Mar 06
President of Energy Technology recently sold US$223k worth of stock On the 25th of February, Norman Taffe sold around 933 shares on-market at roughly US$239 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$430k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Feb 26
Chief Financial Officer notifies of intention to sell stock York Ragen intends to sell 24k shares in the next 90 days after lodging an Intent To Sell Form on the 25th of February. If the sale is conducted around the recent share price of US$236, it would amount to US$5.7m. Since March 2025, York's direct individual holding has increased from 137.18k shares to 226.69k. Company insiders have collectively sold US$9.9m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Feb 20
Generac Holdings Inc. (NYSE:GNRC) signed a definitive agreement to acquire Enercon Engineering, Inc. Generac Holdings Inc. (NYSE:GNRC) signed a definitive agreement to acquire Enercon Engineering, Inc. on February 19, 2026. Upon closing, Enercon will operate as "Enercon, a Generac company" under Generac's Domestic Commercial & Industrial Business Group. The current leadership team will continue to lead the business.
The transaction is subject to approval by regulatory board. The expected completion of the transaction n the second quarter of 2026. Recent Insider Transactions Derivative • Feb 18
Chairman exercised options and sold US$11m worth of stock On the 13th of February, Aaron Jagdfeld exercised 109.05k options at around US$33.23, then sold 59k of the shares acquired at an average of US$224 per share and kept the remainder. For the year to December 2019, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Aaron's direct individual holding has increased from 572.97k shares to 577.77k. Company insiders have collectively sold US$9.9m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Feb 12
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: US$2.73 (down from US$5.46 in FY 2024). Revenue: US$4.21b (down 2.0% from FY 2024). Net income: US$159.6m (down 51% from FY 2024). Profit margin: 3.8% (down from 7.6% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 41%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions Derivative • Feb 03
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of February. If the sale is conducted around the recent share price of US$167, it would amount to US$835k. For the year to December 2019, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Aaron's direct individual holding has decreased from 572.97k shares to 532.97k. There has only been one transaction (US$207k sale) from insiders over the last 12 months. Announcement • Jan 28
Generac Holdings Inc. to Report Q4, 2025 Results on Feb 11, 2026 Generac Holdings Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 11, 2026 Announcement • Jan 06
Generac Holdings Inc. (NYSE:GNRC) acquired Manufacturing Facility in Sussex, Wisconsin from Quad/Graphics, Inc. (NYSE:QUAD) for $20 million. Generac Holdings Inc. (NYSE:GNRC) acquired Manufacturing Facility in Sussex, Wisconsin from Quad/Graphics, Inc. (NYSE:QUAD) for $20 million in December.
Generac Holdings Inc. (NYSE:GNRC) completed the acquisition of Manufacturing Facility in Sussex, Wisconsin from Quad/Graphics, Inc. (NYSE:QUAD) in December. Recent Insider Transactions Derivative • Jan 04
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of January. If the sale is conducted around the recent share price of US$138, it would amount to US$690k. For the year to December 2019, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Aaron's direct individual holding has decreased from 572.97k shares to 537.97k. There has only been one transaction (US$207k sale) from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$137, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 15x in the Electrical industry in the US. Total returns to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$190 per share. Buy Or Sell Opportunity • Dec 17
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 21% to US$145. The fair value is estimated to be US$190, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Recent Insider Transactions Derivative • Dec 02
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$148, it would amount to US$741k. For the year to December 2018, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Aaron's direct individual holding has decreased from 575.83k shares to 542.97k. There has only been one transaction (US$207k sale) from insiders over the last 12 months. Buy Or Sell Opportunity • Nov 17
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 29% to US$141. The fair value is estimated to be US$187, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.4%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Major Estimate Revision • Nov 05
Consensus EPS estimates fall by 23% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from US$4.43b to US$4.30b. EPS estimate also fell from US$6.14 per share to US$4.75 per share. Net income forecast to grow 23% next year vs 22% growth forecast for Electrical industry in the US. Consensus price target broadly unchanged at US$207. Share price fell 12% to US$159 over the past week. Recent Insider Transactions Derivative • Nov 04
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of November. If the sale is conducted around the recent share price of US$166, it would amount to US$832k. For the year to December 2018, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Aaron's direct individual holding has decreased from 575.83k shares to 547.97k. Company insiders have collectively sold US$9.2m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Oct 30
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$1.14 (down from US$1.91 in 3Q 2024). Revenue: US$1.11b (down 5.0% from 3Q 2024). Net income: US$66.2m (down 42% from 3Q 2024). Profit margin: 5.9% (down from 9.7% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 6.6%. Earnings per share (EPS) also missed analyst estimates by 43%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 29
Generac Holdings Inc. Updates Sales Guidance for the Full Year 2025 Generac Holdings Inc. updated sales guidance for the full year 2025. For the year, the company is lowering its full-year net sales growth guidance to be approximately flat as compared to the prior year. This compares to the previous guidance range of an increase between 2% to 5%. Announcement • Oct 15
Generac Holdings Inc. to Report Q3, 2025 Results on Oct 29, 2025 Generac Holdings Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 29, 2025 Recent Insider Transactions Derivative • Oct 02
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of October. If the sale is conducted around the recent share price of US$167, it would amount to US$837k. For the year to December 2018, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Aaron's direct individual holding has decreased from 575.83k shares to 552.97k. Company insiders have collectively sold US$9.2m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Sep 04
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of September. If the sale is conducted around the recent share price of US$181, it would amount to US$906k. For the year to December 2018, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Aaron's direct individual holding has decreased from 575.83k shares to 557.97k. Company insiders have collectively sold US$9.2m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Sep 03
Generac Holdings Inc. Introduces PWRMicro, an Innovative Microinverter, Designed to Provide Greater Homeowner Savings Through Higher Energy Yield Generac Holdings Inc. announced an innovative, 820W microinverter, which takes electricity from two solar panels and converts it from the DC (direct current) power they produce into AC (alternating current) power that a home or the electric grid can use. Generac PWRmicro is a powerful, installer-friendly and reliable microinverter designed to maximize energy captured from today's high-powered solar panels. With 820 watt output and a streamlined installation process, homeowners can realize their solar system's fullest output potential while installers will enjoy a faster and more confident installation and commissioning experience. Reliability is built into every component of PWRmicro, enhancing performance, improving the installer and user-experience and it is backed by a 25-year warranty from a company homeowners can count on. PWRmicro seamlessly integrates with PWRcell 2 and Generac's next generation home standby generators to provide homeowners the ultimate home energy solution - one that can offset energy costs while also providing a "bottomless battery" for virtually endless backup power. Key benefits of PWRmicro include: Greater homeowner savings through higher energy yield: With up to 40% more power output than the leading microinverter product line, PWRmicro reduces clipping while individually optimized DC inputs maximize energy production and increase savings. Faster commissioning with Generac Field Pro: Instant discovery identifies each microinverter before commissioning, streamlining the process and dramatically reducing setup time. Installers can leverage grid power to commission PWRmicro at night, allowing them to finish the job even after the sun goes down. Easy to install and user friendly: PWRmicro delivers a faster, easier installation experience, empowering installers to be more efficient with their time. Designed and tested to meet the industry's most rigorous quality and reliability standards: PWRmicro has undergone extensive design iteration and reliability and quality testing to ensure the product can perform for over 25 years, even under the harshest environments. Improved device communications and system updates: With robust power line communication and firmware directly stored on Field Pro, Generac's mobile application designed for installers and technicians makes installation and troubleshooting fast and easy. firmware updates happen overnight reducing commissioning time, and live device data and system self-test can help troubleshoot common installation issues. Beginning in fourth quarter, Generac is expanding its unified home energy management experience by bringing its Clean Energy products, including PWRcell and PWRmicro, into the ecobee app and supported ecobee thermostats. Homeowners will be able to seamlessly monitor and control both their Clean Energy systems and ecobee devices from one place. Recent Insider Transactions Derivative • Aug 03
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of August. If the sale is conducted around the recent share price of US$189, it would amount to US$947k. For the year to December 2018, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Aaron's direct individual holding has decreased from 567.18k shares to 562.97k. Company insiders have collectively sold US$9.2m more than they bought, via options and on-market transactions in the last 12 months. Price Target Changed • Jul 31
Price target increased by 19% to US$183 Up from US$154, the current price target is an average from 17 analysts. New target price is 6.0% below last closing price of US$195. Stock is up 34% over the past year. The company is forecast to post earnings per share of US$6.16 for next year compared to US$5.46 last year. Reported Earnings • Jul 31
Second quarter 2025 earnings: EPS and revenues exceed analyst expectations Second quarter 2025 results: EPS: US$1.27 (up from US$0.99 in 2Q 2024). Revenue: US$1.06b (up 6.3% from 2Q 2024). Net income: US$74.0m (up 25% from 2Q 2024). Profit margin: 7.0% (up from 5.9% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$181, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 12x in the Electrical industry in the US. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$165 per share. Announcement • Jul 30
Generac Holdings Inc. Updates Earnings Guidance for the Year 2025 Generac Holdings Inc. updated earnings guidance for the year 2025. Given increased visibility to expected full year 2025 net sales, including the second quarter outperformance, and lower than previously anticipated price increases in the second half primarily resulting from lower tariff assumptions, the Company is narrowing its full-year net sales growth guidance range to be 2% to 5% as compared to the prior year. This compares to the previous guidance range of 0% to 7%. Announcement • Jul 16
Generac Holdings Inc. to Report Q2, 2025 Results on Jul 30, 2025 Generac Holdings Inc. announced that they will report Q2, 2025 results Pre-Market on Jul 30, 2025 Recent Insider Transactions Derivative • Jul 02
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of July. If the sale is conducted around the recent share price of US$142, it would amount to US$712k. For the year to December 2018, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Aaron's direct individual holding has increased from 567.18k shares to 1.05m. Company insiders have collectively sold US$9.2m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Jun 06
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of June. If the sale is conducted around the recent share price of US$127, it would amount to US$637k. For the year to December 2018, Aaron's total compensation was 11% salary and 89% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since September 2024, Aaron's direct individual holding has increased from 567.18k shares to 1.05m. Company insiders have collectively sold US$9.0m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Jun 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.5% to US$126. The fair value is estimated to be US$159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Announcement • Jun 05
Generac Announces Executive Changes Generac Holdings Inc. announced the promotion of Jim Barnes to Executive Vice President – Global Supply Chain. Barnes's promotion follows the planned retirement of Roger Pascavis, who will step down on June 27, 2025, after a distinguished 30-year career with Generac. Pascavis joined the company in 1995 and has since held a series of progressive leadership roles, including Director of Materials, Vice President of Operations – Waukesha, Senior Vice President of Operations – Waukesha, Eagle, Whitewater, and most recently, Executive Vice President – Global Supply Chain. Barnes joined Generac in 2022 as a Senior Vice President – Strategic Global Sourcing, bringing more than 20 years of leadership experience in electronics, contract manufacturing, and global supply chain strategy. In addition to corporate supply chain, Barnes will lead Generac's Strategic Global Sourcing and Controls & Automation efforts. Barnes began his career with SigmaTron International. He holds a Bachelor of Arts in Business Administration and Economics from Illinois State University and a Master of Business Administration from DePaul Driehaus College of Business. Announcement • May 20
Generac Holdings Inc. Introduces Ecobee by Generac Smart Thermostat Enhanced with Home Energy Management Generac Holdings Inc. announced the launch of ecobee by Generac Smart Thermostat Enhanced with Home Energy Management, an all-new smart thermostat that integrates with Generac Home Standby Generators and Generac PWRcell 2 Solar Battery Storage Solutions to improve real-time system visibility and make home energy management more seamless for homeowners. Price Target Changed • May 05
Price target decreased by 7.3% to US$154 Down from US$166, the current price target is an average from 21 analysts. New target price is 32% above last closing price of US$117. Stock is down 14% over the past year. The company is forecast to post earnings per share of US$6.01 for next year compared to US$5.46 last year. Reported Earnings • May 01
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$0.74 (up from US$0.39 in 1Q 2024). Revenue: US$942.1m (up 5.9% from 1Q 2024). Net income: US$43.8m (up 86% from 1Q 2024). Profit margin: 4.7% (up from 2.6% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Announcement • Apr 28
Mean Green Introduces First Commercial-Electric Stand-On Autonomous Mower Mean Green announced the expansion of its commercial-grade electric mower lineup with its all-new Vanquish Autonomous. Now available for order at Mean Green dealers nationwide, Vanquish Autonomous features Greenzie self-driving technology for real-world commercial demands. With camera-based obstacle detection, live performance tracking, and a call-back feature to return the mower to its starting position, it's designed to be a smart, safe, and productive machine for a commercial mowing fleet. Users can also indicate keep-out zones to mark areas where the mower should not go. The Vanquish Autonomous boasts an available 22kWh battery, which can mow continuously for up to eight hours. It also has the flexibility to switch between autonomous and manual operation. The Vanquish Aut autonomous is capable of speeds up to 11.5 mph, and the patented Heavy-duty Impulse Drive SystemTM provides performance and reliability. Mean Green supports the Vanquish Autonomous with a 5-year limited battery warranty and 5-year limited mower warranty. Announcement • Apr 16
Generac Holdings Inc. to Report Q1, 2025 Results on Apr 30, 2025 Generac Holdings Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 30, 2025 Buy Or Sell Opportunity • Apr 10
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to US$108. The fair value is estimated to be US$139, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 27%. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$102, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 9x in the Electrical industry in the US. Total loss to shareholders of 62% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$144 per share. Announcement • Apr 08
Generac Strengthens Its Energy Portfolio with New Products Designed for the Data Center Market Generac Holdings Inc. strengthens its portfolio with new generators designed for the data center market. These new products round out its energy solutions portfolio, which include diesel and natural gas generators and multi-asset energy systems - all of which are designed to connect and scale flexibly with the diverse needs of hyperscale, colocation, enterprise and edge data centers. Central to the company's data center offering is the introduction of a full lineup of five new generators, ranging from 2.25 MW to 3.25 MW. These generators expand the company's ability to support high-capacity applications while integrating into energy ecosystems. Generac's diverse supply chain strengthens resilience against rising demand by mitigating risks, accelerating scalability, enabling access to innovation, and balancing costs while offering competitive lead times of 50–60 weeks for fully packaged generators, so businesses can adapt and thrive in a dynamic market. Key features of the five new generators include: Baudouin M55 engines, which have a proven track record providing backup and continuous power for data centers and missions critical applications around the globe. These engines utilize a high-pressure common rail fuel system to provide exceptional transient response, high ambient temperature derate capability, and low NOx emissions. Deep Sea G8601 Controller, which can be configured to fit virtually any need and provides a wide range of high-end features for Mission Critical applications. Marathon DataMAX alternators, which are purpose built for highly demanding global Data Center applications with reliability and low reactance in mind. Low emissions, designed to help meet the most stringent state requirements in Virginia and ready for use with compliant Tier 4 aftertreatment systems. Redundant starting system, which has an additional set of engine starters, batteries and battery chargers available. Redundant systems are fully isolated to avoid single points of failure. High ambient(50°C)cooling packages, for top performance in the most demanding environments. Generac Modular Power Systems (MPS), enhance reliability, scalability, and serviceability by integrating multiple generators utilizing Deep Sea onboard paralelling controls. Providing redundant, flexible, and easily expandable power solutions. Configurable circuit breakers, offered as left and/or right-side breakers, are configurable up to full rated generator amperage at 480V.Generac will provide packaging and aftertreatment, including enclosures, tanks and switchboards, which are coordinated directly with packaging manufacturers with expertise in the Data Center industry.With the growing challenges of an aging power grid, increasingly severe weather, and rising energy demands, the company has been expanding its focus on commercial and industrial markets. In recent years, Generac has gained valuable market insights, made strategic acquisitions, assembled a team of industry experts, and developed cutting-edge solutions to provide reliable backup power for data centers. Reported Earnings • Feb 13
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$5.31 (up from US$3.32 in FY 2023). Revenue: US$4.30b (up 6.8% from FY 2023). Net income: US$316.3m (up 56% from FY 2023). Profit margin: 7.4% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.2%. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Announcement • Feb 12
Generac Holdings Inc. Provides Earnings Guidance for the Full Year 2025 Generac Holdings Inc. provided earnings guidance for the Full Year 2025. The Company is initiating its full-year 2025 net sales growth guidance to be approximately 3% to 7% as compared to the prior year. Recent Insider Transactions Derivative • Feb 04
Chairman notifies of intention to sell stock Aaron Jagdfeld intends to sell 5k shares in the next 90 days after lodging an Intent To Sell Form on the 3rd of February. If the sale is conducted around the recent share price of US$145, it would amount to US$726k. For the year to December 2018, Aaron's total compensation was 15% salary and 85% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Aaron's direct individual holding has decreased from 597.18k shares to 570.83k. Company insiders have collectively sold US$18m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Jan 29
Generac Holdings Inc. to Report Q4, 2024 Results on Feb 12, 2025 Generac Holdings Inc. announced that they will report Q4, 2024 results Pre-Market on Feb 12, 2025 Announcement • Jan 23
Generac Holdings, Inc. Unveils the Most Powerful Air-Cooled Home Standby Generator on the Market Generac Holdings Inc. announced its latest home standby generator design, including the new 28kW model, the most powerful air-cooled home standby available in the market. With the introduction of this new design, Generac expands its line of the most comprehensive, reliable and efficient range of air-cooled home standby generators, with models ranging from 10 to 28kW. These new designs will seamlessly integrate with other Generac products - including ecobee smart thermostats and PWRcell battery systems. The launch follows an active year in 2024 with the U.S. experiencing nearly 1.5 billion hours of power outages, the highest since 2010 when Generac first started tracking the figure. In addition to lower power quality, higher power prices are expected as investment is needed to upgrade infrastructure and build towards cleaner energy solutions. Even today, cost per kilowatt hour is up by approximately 30% since 2020, according to data from the U.S. Bureau of Labor Statistics. Generac created the home standby generator category and has delivered peace of mind for millions of customers over its 60-plus-year history. The new home standby product line is the latest innovation in Generac's comprehensive ecosystem of residential energy technology solutions which provide customers with reliable, more efficient and better managed energy solutions. The new generator design includes: Built-in cellular connectivity as a standard feature offering customers the ability to monitor and control their generator's status and performance in realtime, right from their smartphone. An advanced controller delivering important new capabilities such as electronic oil-level sensing and gas-pressure monitoring and providing customers and dealers with important diagnostic information to provide the highest level of performance before, during, and after a power outage. An all-aluminum cabinet design with superior corrosion protection and updated aesthetics featuring a new roof designed to reduce water, snow and ice buildup. An industry-first Electronic Fuel and Ignition Control (EFIC) system providing improved motor starting capability and lower fuel consumption. Generator output quality for powering sensitive electronics and providing for a higher load acceptance capability, such as the ability to start up a five-ton air conditioning unit. An advanced engine design delivering improved power density and maintenance-free hydraulic lifters, lowering the total cost of maintenance intervals. A new, automatic transfer switch design with integrated surge protection. The ability to fully integrate with Ecobee smart thermostats, enabling customers to display vital information about their generator directly on their wall, and giving them greater control over their home energy management. In addition to market-leading product innovation, Generac maintains a best-in-class distribution network to serve homeowners across the country. Generac's home standby generators are available through more than 9,000 authorized dealers as well as thousands of wholesale and retail partners. 
