UBS analyst Jon Windham maintained a Buy rating on Generac Holdings today and set a price target of $220.00.
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Jon Windham has given his Buy rating due to a combination of factors that highlight Generac Holdings’ strategic positioning and growth potential. The company is set to benefit from the expanding commercial and industrial market, particularly in providing backup power solutions for data centers. With $150 million in contracted orders for data center products, Generac is poised to capitalize on this growing demand, with deliveries scheduled from the second half of 2025 to the first half of 2026.
Moreover, Generac is actively expanding its manufacturing capacity, having recently opened a facility in Beaver Dam, Wisconsin, and planning additional expansions in Italy, China, and potentially other locations such as Mexico, India, and Brazil. In the residential market, Generac holds a dominant market share in home standby products, with significant growth potential as market penetration increases. These strategic initiatives and market opportunities underpin Windham’s positive outlook for Generac Holdings.