Generac Holdings Inc (GNRC) Stock AnalysisGNRCStock AnalysisGenerac Holdings Inc

Generac Holdings Inc. is a global designer, manufacturer, and provider of a range of energy technology solutions. It offers power generation equipment, energy storage systems, energy management devices and solutions, and other power products and services serving residential, commercial, data center, telecom, and industrial markets. Its segments include Domestic and International. Domestic segment includes its business and all historical acquisitions based in the United States and Canada. International segment includes all historical acquisitions not based in the United States and Canada. It has developed a line of energy storage systems for use in residential solar-plus-storage applications, as well as microinverters for residential solar energy production. It has a selection of energy monitoring and management devices and controls that serve as the central hub for its residential and C&I energy ecosystems. It designs and manufactures other power products, including light towers. It operates in the Industrials sector (MOTORS & GENERATORS industry).

Generac Holdings Inc is currently trading at $183.80, which is significantly below the average analyst price target of $280 to $340. However, the stock has seen a sharp decline of 10.77% over the last 5 days and has an RSI of 18.648, indicating it is oversold. While the company reported strong Q2 earnings with a 11% year-over-year sales growth, the recent price drop and negative sentiment in the market suggest caution. The main risk is the recent downgrade by Roth Capital, which lowered its price target to $214, reflecting potential volatility in the stock's performance.

11 analysts cover GNRC: 4 rate it Buy, 7 Hold and 0 Sell. The average price target is 207.67.