Keybanc Upgrades Generac Holdings to Overweight from Sector Weight
Fintel reports that on October 8, 2026, Keybanc upgraded their outlook for Generac Holdings (NYSE:GNRC) (DB:G84) from Sector Weight to Overweight.
Generac Holdings Inc., headquartered in Waukesha, Wisconsin, USA, operates primarily in the power generation equipment and energy technology sectors. The company manufactures power backup and supply systems, including generators and components for residential, commercial, and industrial markets. On October 7, 2026, the stock closed at $221.34. This latest close of $221.34 represents a price change of +6.95% over one week, compared to a baseline close of $206.95 on September 30, 2026. Over a one-month period, the stock experienced a price change of +18.14% from a baseline close of $187.35 on September 4, 2026.
As of October 2, 2026, the current consensus target mean for the stock is $297.08, with a median target of $290.70. This mean target represents an implied change of +34.22% from the stock's pricing. The prior consensus target mean was $291.17 as of September 15, 2026, reflecting a consensus target revision of +2.03%. Analyst recommendations for the period of September 1, 2026, show a total of 28 recommendations, consisting of 10 strong buy, 11 buy, 7 hold, 0 sell, and 0 strong sell ratings. This recommendation breakdown has remained unchanged from the prior period of August 1, 2026, which also recorded 10 strong buy, 11 buy, 7 hold, 0 sell, and 0 strong sell ratings, representing 75.0% positive, 25.0% hold, and 0.0% negative recommendations in both periods.
Other financial institutions have also recently updated or maintained their ratings for Generac Holdings. On October 5, 2026, Cantor Fitzgerald maintained its Overweight rating. On September 30, 2026, Citigroup maintained its Neutral rating, while Stifel maintained its Buy rating. Earlier, on September 18, 2026, JP Morgan maintained an Overweight rating. On September 17, 2026, Cantor Fitzgerald reiterated its Overweight rating, and Canaccord Genuity maintained its Buy rating. Looking at financial performance, Generac Holdings reported its latest earnings on July 29, 2026, with an actual EPS of 2.91 compared to an estimated EPS of 2.0517, representing a surprise of +41.83%. Actual revenue for the quarter was $1,173,510,000.00, compared to estimated revenue of $1,200,885,616.00. The company's upcoming earnings announcement is scheduled for November 4, 2026, during the bmo session.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| October 8, 2026 | Keybanc | Sector Weight | Overweight | upgrade |
| October 5, 2026 | Cantor Fitzgerald | Overweight | Overweight | maintained |
| September 30, 2026 | Citigroup | Neutral | Neutral | maintained |
| September 30, 2026 | Stifel | Buy | Buy | maintained |
| September 18, 2026 | JP Morgan | Overweight | Overweight | maintained |
| September 17, 2026 | Cantor Fitzgerald | Overweight | Overweight | reiterated |
| September 17, 2026 | Canaccord Genuity | Buy | Buy | maintained |
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.