Wells Fargo has upgraded Generac Holdings Inc (GNRC) to Overweight from Equal-Weight, signaling a shift in analyst sentiment regarding the company’s future prospects. This change, effective December 18, 2025, comes as Generac, a leader in energy technology solutions, continues to navigate the electrical equipment industry.
Headquartered in Waukesha, Wisconsin, Generac designs and manufactures a range of power generation equipment, including stationary, portable, and mobile generators, serving residential, light commercial, and industrial markets. The company currently has a market capitalization of $8.4 billion and a price-to-earnings ratio of 27.90. For the trailing twelve months, it reported earnings per share of $5.06.
The upgrade reflects a more optimistic view on the company’s fundamentals and business performance. Analysts note that such upgrades can be indicative of improved confidence in a company's strategic direction.
Generac is set to announce its next earnings results on July 28, 2026, with an estimated EPS of $1.98 and revenue expectations of $1.2 billion. The company has shown mixed performance in recent quarters, with its Q3 2025 EPS of $1.83 falling short of estimates by 18.4%. However, it exceeded expectations in the previous two quarters, highlighting the variability in its earnings results.
As of December 1, 2025, the analyst consensus on Generac remains a Buy, with 11 Strong Buy ratings, 7 Buy ratings, and 11 Hold ratings among 29 total analysts. Recent analyst actions also include an upgrade by JP Morgan to Overweight from Neutral, further indicating growing confidence in the company’s outlook.
In summary, the upgrade from Wells Fargo underscores an evolving perspective on Generac Holdings Inc, reflecting a potentially brighter future as the company continues to adapt within the energy technology landscape.