The Latest Breaking News from Generac

Wells Fargo analyst Praneeth Satish initiated coverage of Generac Holdings Inc. (NYSE:GNRC) with an Overweight rating and price target of $285. Satish noted the company is well-positioned to benefit from the continued growth of the home standby (HSB) market. The analyst mentions that the company recently added clean energy solutions, including residential solar inverters…

Shares of residential portable generator stock Generac Holdings Inc. (NYSE: GNRC) dropped 6.6% on Wednesday morning after short seller Spruce Point Capital Management released a new report on Generac suggesting the stock may be significantly overvalued at current levels.

Generac Holdings Inc. (NYSE:GNRC) subsidiary Generac Grid Services and German utility RWE AG (OTC:RWEOY) reveal the expansion of their collaboration. The companies plan to jointly launch additional market products following the delivery of uninterrupted automatic Frequency Restoration Reserve (aFRR) capacity for the last six months. "Generac Grid Services is proud to support RWE in…

Generac Holdings Inc (NYSE:GNRC) reported first-quarter FY22 sales growth of 41% year-on-year to $1.14 billion, beating the consensus of $1.09 billion. Residential product sales grew 43% to $777 million, and Commercial & Industrial (C&I) product sales increased 38% to $279 million. Domestic segment sales increased 39% to $964.7 million, and the International segment…