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The Latest Breaking News from Generac

Why Generac Shares Are Surging Today

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 Stock Gains On Solid Q1, Raised FY22 Sales Growth Outlook

Generac Stock Gains On Solid Q1, Raised FY22 Sales Growth Outlook

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…

Why Generac Holdings Stock Is Charging Higher Today

Why Generac Holdings Stock Is Charging Higher Today

Generac Holdings Inc (NYSE: GNRC) shares are trading higher Wednesday after the company reported better-than-expected financial results and raised its 2022 sales growth guidance.

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Goldman Sachs Turns Bullish On Generac; Upgrades Clean Harbors To Neutral

Goldman Sachs analyst Jerry Revich upgraded Clean Harbors Inc (NYSE: CLH) and Generac Holdings Inc. (NYSE: GNRC).

Tesla Director Of Engineering Moves To Powerall Rival, Generac

Brian Dow, a Tesla Senior Manager promoted to Director of Engineering, is now VP of Engineering, Clean Energy at rival Generac Power Systems.

Read How Analysts Reacted To Generac's Q4 Results

Analysts updated the price target for Generac Holdings Inc. (NYSE:GNRC) post Q4 results. Canaccord analyst Jed Dorsheimer lowered the price target to $556 from $575 and maintained a Buy rating on the shares. The analyst believes margin pressures from the supply chain, logistics, and inflation will peak in 1Q22 and subsequently succumb to the power…

Generac Stock Gains On Q4 Earnings Beat

Generac Holdings Inc (NYSE:GNRC) reported fourth-quarter FY21 sales growth of 40.6% year-on-year, to $1.07 billion, beating the analyst consensus of $1.02 billion. Residential product sales grew 42% to $706 million, and Commercial & Industrial (C&I) product sales increased 43% to $284 million. Domestic segment sales increased 39% to $896.4 million, and the International…

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