Generac climbs on data center power agreement
02/06/2026 12:14
BUZZ-Generac climbs on data center power agreement ** Shares of power company Generac GNRC.N rise 9% to ~$294 in premarket trading
** Co signed a global supply agreement with a leading hyperscale data center operator to supply backup power generators
** The terms of the deal, including the cost of the contract and name the hyperscaler, were not disclosed
** Fourteen of 21 brokerages rate the stock "buy" or higher, 7 "hold"; their median PT is $280
** YTD shares up 97.5% as of last close
(Reporting by Aishwarya Jain in Bengaluru)