NEW YORK — Generac Holdings Inc. (NYSE: GNRC) has captured investor attention in 2026 as a leader in backup power generation, with growing momentum from commercial and industrial demand, particularly in hyperscale data centers driven by artificial intelligence infrastructure needs.

As of early June 2026, GNRC shares trade around $261-262 after a strong year-to-date performance. The stock has benefited from positive analyst revisions and a major supply agreement with a hyperscale data center operator, reinforcing its position beyond traditional residential generators.

Generac delivered robust first-quarter 2026 results, with net sales rising 12% to $1.06 billion compared to the prior year. Adjusted EPS reached $1.80, significantly beating consensus estimates of $1.33. The commercial and industrial segment, a key growth driver, posted a 28% increase, supported by data center momentum and the recent Allmand acquisition.

Management raised full-year 2026 revenue guidance to mid-to-high teens percent growth, citing expanding backlog and accelerating data center opportunities. Adjusted EBITDA margins improved to 18.3%, reflecting favorable product mix and operational efficiencies.

Analysts largely maintain a Moderate Buy consensus. Recent upgrades, including Jefferies moving to Buy with a higher target, highlight confidence in data center contracts.........

© International Business Times