Canaccord Genuity Raises Generac (GNRC) Price Target to $375

Canaccord Genuity reiterated its Buy rating on Generac Holdings Inc. GNRC on September 17, 2026, while raising its price target to $375 from $275. According to the firm's research note, the updated target points to increased confidence in the maker of standby generators and energy technology products. Generac closed at $207.23 on the day of the ratings update.

Canaccord Genuity's Call on Generac Holdings Inc.

Canaccord Genuity kept its Buy rating intact and boosted the target price by $100 to $375. The forward-looking rating reflects the firm's outlook on the company's energy technology solutions and market position. The call arrived alongside similar updates from other Wall Street firms covering the stock.

Other Institutional Activity in Generac Holdings Inc.

Other large funds adjusted their holdings in Generac during the quarter ended June 30, 2026. Boston Partners reduced its position by 219,042 shares, ending with 1,317,015 shares valued at about $253.8 million. Ariel Investments, LLC lowered its stake by 296,912 shares to finish with 997,951 shares worth roughly $192.3 million. Shaw D.E. & Co., Inc. cut its holdings by 340,661 shares, leaving it with 957,094 shares valued at about $184.4 million. Arrowstreet Capital, Limited Partnership trimmed its position by 150,897 shares, owning 887,621 shares worth approximately $171.0 million.

Generac Holdings Inc. Stock Down 2.8%

Generac shares recently traded around $192.53 as of October 16, 2026. The stock carries a market value of roughly $11.72 billion and a trailing P/E ratio of 49.2, while its forward P/E sits at 15.3.

Recent Earnings

Generac reported trailing twelve-month revenue of $4.44 billion and earnings of $4.03 per share. The business generated a net profit margin of 5.8% and a return on equity of 9.5%, supported by a year-over-year revenue growth rate of 10.6%. The company's next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Generac Holdings Inc.

Company insiders completed several stock sales leading up to the analyst update. Officer Norman P Taffe sold 550 shares on August 5, 2026, for a total value of $120,356. Officer Kyle Andrew Raabe parted with 586 shares at $213.35 apiece on August 7, 2026, totaling $125,023. CEO Aaron P Jagdfeld sold 5,000 shares at $182.21 per share on September 1, 2026, amounting to $911,050. Later, Norman P Taffe sold another 400 shares on September 8, 2026, valued at $75,481.

Analysts Set New Price Targets

Roth Capital maintained a Neutral rating on Generac with a $250 price target, moving from $214 on September 17, 2026. Stephens & Co. reiterated an Overweight rating with an unchanged $335 price target on the same day. JP Morgan maintained an Overweight rating on September 18, 2026, lifting its target to $265 from $261. Citigroup maintained a Neutral rating on September 30, 2026, lowering its target to $232 from $300. Stifel maintained a Buy rating on September 30, 2026, raising its target to $290 from $285. Consensus analyst opinion stands at a buy, with a mean price target of $287.78 across 18 analyst opinions.

About Generac Holdings Inc.

Generac Holdings Inc. designs and manufactures energy technology products, home standby generators, and smart home monitoring solutions for residential and commercial customers worldwide. The company's equipment helps homeowners maintain power during grid outages, tying directly into broader residential energy management trends.

Bottom Line

Investors will look toward the company's upcoming earnings report on October 28, 2026, for fresh details on financial performance and demand trends. Further institutional filings and analyst notes will provide additional insight into market sentiment for the stock.