Data Centers Power Generac’s Q2 Beat: Sales Up 11%, Margins Surge
Generac secures a second global supply deal with a hyperscale data center customer, lifting its backlog to $1.6B and powering strong Q2 growth.
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Generac Stock Surges After Scoring Massive Global Backup Power Deal with Hyperscale Data Center Giant
Generac shares surged 7.7% to $290 after signing a major global agreement to supply backup generators to a leading hyperscale data center operator.
Generac Nears “Moment of Truth” as Jefferies Raises Rating to Buy on Hyperscaler Deals
Jefferies upgraded Generac on AI data center growth hopes, raising target to $302 on strong backup power demand outlook.