Energy TechnologyGenerac's smart home energy tech, led by Ecobee and storage, is seen as an underappreciated opportunity with significant revenue growth potential.
Market PositionGenerac is well positioned to benefit from worsening grid reliability and increasingly severe weather disasters, as a leading manufacturer of backup power with a 75% market share.
Product DemandGenerac reported a significant increase in demand for residential products, leading to record net sales, adjusted EBITDA, adjusted net income, and all-time quarterly free cash flow generation.