In recent news, Generac Holdings Inc. (NYSE:GNRC)'s position was elevated by the Canada Pension Plan Investment Board. Predictions suggest that Generac Holdings may exceed estimates again in upcoming earnings reports. Various investments firms, including Epoch Investment Partners, Jump Financial, and Pinebridge Investments, have procured significant shares in Generac. Notably, the company has been working on strengthening their energy portfolio with newer products designed particularly for the data centers market.
Generac Holdings has launched a formidable line of generators that are anticipated to support the escalating demand in AI infrastructure. Despite variations in stock performance, the firm maintains a robust balance sheet, and has been granted a consensus recommendation of 'Moderate Buy' by brokerages, making it a momentum stock for potential investors. It has been acknowledged for outstanding design in the 2024 GOOD DESIGN Awards, further showcasing the innovation and strength in Generac's products. The company plans to announce Q1 2025 financial results on April 30 and is looking forward to unveiling new high-capacity generators set to boost the data center power portfolio. Lastly, Generac has been recognized with a $50 Million award by the U.S. Department of Energy for innovative solutions promoting grid resilience
Generac Holdings GNRC News Analytics from Mon, 07 Oct 2024 07:00:00 GMT to Sat, 26 Apr 2025 19:57:35 GMT - Information 8
