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Investing.com - Stifel has reiterated its Buy rating and $210.00 price target on Generac Holdings (NYSE:GNRC) following a virtual non-deal roadshow with company executives last week. The target aligns with the broader analyst consensus, which ranges from $172 to $250, with InvestingPro data showing the stock trading near its Fair Value.
The investment firm hosted meetings with Generac’s CFO York Ragen and Director of Corporate Finance and IR Kris Rosemann, which were reportedly well-attended. Discussions centered on several key business areas, including potential short-term headwinds in the home standby generator (HSB) business due to below-trend outage activity.
Growth opportunities in California emerged as another focal point, where in-house consultation activity is increasing following power shutoffs caused by wildfires. The meetings also covered Generac’s next-generation HSB products and the company’s data center opportunity utilizing high-output diesel generators.
Additional topics included Generac’s Ecobee/Clean Energy business and implications of the OBBB Act, as well as the company’s strong free cash flow, capital return strategy, and potential strategic investments.
Stifel previously highlighted its $210 target price in a note titled "Raising Target Price to $210 Following Robust 2Q Performance," reaffirming its positive outlook on the power generation equipment manufacturer.
In other recent news, Generac Holdings Inc. reported its second-quarter 2025 earnings, exceeding Wall Street expectations. The company achieved an earnings per share of $1.65, surpassing the forecasted $1.35, and its revenue reached $1.06 billion, higher than the anticipated $1.03 billion. In addition to its financial performance, Generac launched its new PWRmicro, an 820-watt microinverter, designed to convert DC power from solar panels into AC power for home use. The microinverter reportedly offers 40% more power output compared to leading competitors and is compatible with Generac’s existing energy products.
Furthermore, UBS has maintained its Buy rating and a price target of $220 on Generac, highlighting the company’s strong position in both commercial and residential power markets. The investment firm hosted Generac’s CEO and CFO as part of its Energy Transition Call Series, where market opportunities were discussed. These developments reflect the company’s ongoing efforts to innovate and strengthen its market presence.
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