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Generac Holdings (GNRC) Is Up 17.4% After Data Center Demand Lifts 2026 Outlook Guidance – Has The Bull Case Changed?
Generac Holdings (GNRC) saw its stock rise by 17.4% after reporting strong first-quarter 2026 results and raising its full-year outlook, driven significantly by demand from data centers. The company now expects mid-to-high teens sales growth for 2026, with a net income margin of 8.0% to 9.0%, and a backlog exceeding US$700 million. This positive development reinforces Generac’s investment narrative, particularly its role in backup power, and highlights the company’s efforts to expand capacity to meet increasing industrial demand.