Generac CEO Joins NAM Board to Strengthen Manufacturing Advocacy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 09 2026
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Should l Buy GNRC?
Source: PRnewswire
- New Board Member: Aaron Jagdfeld, Chairman and CEO of Generac, has been appointed to the National Association of Manufacturers (NAM) Board of Directors, aimed at enhancing the association's leadership in policy advocacy and legal action to bolster U.S. manufacturing competitiveness.
- Policy Advocacy Goals: Jagdfeld will focus on advancing a manufacturing competitiveness agenda that promotes opportunity and prosperity for all Americans, reflecting NAM's significant role in the U.S. economy, particularly with 85% of its members being small and medium-sized enterprises.
- Industry Influence: NAM is the largest industrial trade association in the U.S., representing manufacturers across nearly all industrial sectors and contributing $2.95 trillion annually to the U.S. economy, underscoring its critical role in policy debates.
- Future Outlook: Jagdfeld emphasized the importance of manufacturing for the nation's future and committed to collaborating with the NAM team and board members to advocate for policies that support manufacturing, addressing challenges and opportunities as the nation approaches its 250th anniversary.
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Analyst Views on GNRC
Wall Street analysts forecast GNRC stock price to fall
14 Analyst Rating
11 Buy
3 Hold
0 Sell
Strong Buy
Current: 259.230
Low
184.00
Averages
207.67
High
240.00
Current: 259.230
Low
184.00
Averages
207.67
High
240.00
About GNRC
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.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Significant Performance Growth: Generac reported a 12% overall net sales increase in Q1, with a remarkable 28% sales growth in its commercial and industrial segment, highlighting strong demand in the data center market and reinforcing its market position.
- Stock Price Surge: Following the earnings report, Generac's stock jumped approximately 17% this week, with a nearly 90% increase year-to-date, reflecting investor confidence in the company's future growth potential.
- Upgraded Sales Forecast: Management has raised its full-year sales growth outlook to the mid-to-high teens percentage range, primarily driven by the strong performance of the C&I segment, while residential sales are also expected to increase by 10% year-over-year, further boosting company performance.
- Broad Market Opportunities: With a recovering housing market, Generac's residential business stands to benefit, and combined with its off-grid power generation and backup solutions for data centers, the company's business outlook appears promising, attracting increased investor interest.
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- Quarterly Growth: Generac reported a 12% year-over-year increase in net sales for Q1, driven by a 28% surge in its commercial and industrial segment, indicating strong performance in the data center construction market despite a sluggish housing sector.
- Strong Market Demand: The growing need for off-grid power generation and backup solutions among data center operators has positioned Generac favorably, as it offers commercial battery storage systems and diesel generators, enhancing its competitive edge and attracting investor interest.
- Outstanding Stock Performance: As of Friday, Generac's stock surged approximately 17% above last week's close, marking a nearly 90% increase year-to-date, reflecting market confidence in the company's growth potential, particularly in the data center solutions sector.
- Upgraded Sales Forecast: Management has raised its full-year sales growth outlook to the mid-to-high teens percentage range, with residential sales expected to increase by 10% year-over-year, indicating robust performance across all market segments and ongoing opportunities for investors.
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- Oil Price Surge Impacts Market: WTI crude oil prices surged over 6% on Wednesday to a three-week high due to the US maintaining its naval blockade of Iran, raising inflation expectations and negatively impacting the stock market.
- Fed Policy Influence: The Federal Reserve kept the federal funds rate unchanged at 3.50% to 3.75% during its latest meeting, despite dissent from four members against easing bias, reflecting concerns over economic uncertainty that may dampen investor confidence.
- Strong Tech Stock Performance: The Nasdaq 100 index rose 0.58%, driven by strong earnings from NXP Semiconductors and Seagate Technology, with shares up 25% and over 10% respectively, indicating robust demand for AI infrastructure.
- Housing Data Exceeds Expectations: US March housing starts unexpectedly rose 10.8% to 1.502 million, significantly surpassing the expected decline to 1.380 million, demonstrating resilience in the housing market that could provide support for stocks.
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- Significant Sales Growth: Generac's net sales in Q1 2026 increased by 12% year-over-year to $1.06 billion, with a 28% rise in the Commercial and Industrial segment driven by sustained momentum in the data center market and the Allmand acquisition, highlighting the company's strong performance in a rapidly growing sector.
- Improved Profitability: The adjusted EBITDA margin rose to 18.3%, with expectations for the full year EBITDA margin to increase to a range of 18.5% to 19.5%, indicating improvements in cost control and operational efficiency that further enhance profitability.
- Order and Capacity Expansion: The current backlog exceeds $700 million, and the company received a nonbinding notice for approximately $600 million in future deliveries, indicating strong growth potential, while the new facility in Sussex, Wisconsin, is expected to begin production in the second half of the year to support domestic demand for large generators.
- Strategic Acquisition and Integration: Generac completed the acquisition of Enercon, which is expected to enhance margin profiles by bringing packaging capabilities in-house, addressing industry bottlenecks, and demonstrating the company's strategic focus on vertical integration and competitive positioning in the market.
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- Earnings Beat: Generac's Q1 sales and adjusted EPS grew by 13% and 43%, respectively, significantly exceeding market expectations, showcasing the company's robust profitability and demand.
- Guidance Upgrade: The company raised its 2026 sales guidance from mid-teens to mid-to-high-teens growth, reflecting an optimistic outlook for future market conditions and boosting investor confidence.
- Backlog Surge: Generac's backlog surpassed $700 million, up $300 million from the previous quarter, including a $600 million non-binding notice from a hyperscale customer, indicating accelerated expansion in the global data center market.
- Strong Market Demand: With total power outage hours in the U.S. up 80% since 2015 and electricity consumption and pricing projected to soar through 2030, Generac's product portfolio is rapidly becoming mission-critical, especially for data center clients.
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- Oil Price Surge Impacts Market: WTI crude oil prices rose over 5% to a two-week high as the US maintains its naval blockade of Iran, leading to increased inflation expectations that negatively affect the stock market.
- Strong Tech Stock Performance: The Nasdaq 100 index increased by 0.09%, primarily driven by strong earnings from NXP Semiconductors and Seagate Technology, both up over 14%, indicating robust demand for AI infrastructure.
- Housing Data Exceeds Expectations: US March housing starts unexpectedly rose by 10.8% to 1.502 million, significantly surpassing the market expectation of 1.380 million, demonstrating resilience in the construction sector that may support the stock market.
- Fed Policy Remains Unchanged: The Federal Reserve decided to keep monetary policy unchanged at the FOMC meeting despite a record number of dissenting votes, with markets anticipating future policy will continue to focus on oil prices and inflation dynamics.
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