Analysts link the rally to data center growth and raised price targets.
Talivio News (AI illüstrasyon)
Generac stock is surging today.
The company topped profit forecasts in Q2 2026 due to a data center surge.
AI Data Center growth supports a bullish outlook for Generac, according to market analysis.
This growth is raising the price target for Generac, analysts state.
Generac reported Q2 adjusted earnings of $2.91 per share, surpassing the $2.00 consensus, while revenue reached $1.17 billion, slightly missing the $1.18 billion forecast. The company's profitability was boosted by $71 million in tariff refunds, contributing to an adjusted EBITDA margin expansion to 24.8% and a raised full-year margin guidance of 20.0% to 21.0%. Additionally, the data center backlog now stands at $1.6 billion, and while the Residential segment saw a 2% revenue decline, the Commercial & Industrial segment grew by 29%.
Generac reported Q2 2026 adjusted earnings of $2.91 per share, surpassing the $2.00 estimate, while revenue reached $1.17 billion, slightly missing the $1.18 billion forecast. The company's profitability received a boost from $71 million in tariff refunds, leading management to raise its 2026 adjusted EBITDA margin guidance to a range of 20.0% to 21.0%. Additionally, the data center backlog has grown to approximately $1.6 billion, and it is unverified that the firm secured a supply agreement with a second hyperscale customer.
