GNRC Stock Recent News
GNRC LATEST HEADLINES
Generac CEO says pressure on the power grid 'is only going to get worse' from weather and technology
Aaron Jagdfeld, CEO of generator company Generac, warned that the pressure on the power grid is only going to increase, burdened by a massive crop of new data centers and more severe weather. Jagdfeld said that during the first nine months of 2024, 1.2 billion hours were lost to outages in the U.S.
Buy rating for Generac Holdings due to expected surge in generator demand from Hurricanes Helene and Milton, driving significant near-term earnings growth. Historical performance shows GNRC's earnings and valuation multiples spike during major hurricanes, suggesting similar trends with current climate events. Strong free cash flow and history of share buybacks provide additional upside potential, enhancing shareholder value.
Generac Holdings (GNRC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Generac (GNRC, Financial) is seeing its stock price soar today by more than 8.54% as the hurricane Milton strikes. Hurricane Milton is a Category 5 tropical cyclone in the Gulf of Mexico that is approaching Florida.
Shares of Generac Holdings (GNRC), a producer of home generators and other emergency power products, surged again Monday as another hurricane approaches the Southeast U.S.
Hurricane Milton has rapidly strengthened into Category 4 storm. Milton is forecast to approach Florida by Wednesday, according to the National Hurricane Center.
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Generac Holdings (GNRC), a producer of home generators and other emergency power solutions, has seen its shares gain as Hurricane Helene made landfall in the southeastern U.S.
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New products offer smarter, more powerful and resilient solutions to enable more choice and control in the way people use sustainable energy sources WAUKESHA, Wis. , Sept. 10, 2024 /PRNewswire/ -- Generac Holdings (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the launch of its new PWRcell 2 Home Energy Storage System product series, featuring PWRcell 2 and PWRcell 2 MAX.