Movement Alert|Generac Rises 5.06% in Regular Trading, Amazon Data Center Generator Deal Continues to Drive Gains

Market Focus
Oct 06

On October 6, Generac rose 5.06% in regular trading, reaching $226.0 per share with turnover of $30.861 million. The stock continues to be supported by the long-term supply agreement with Amazon for backup generators used in data centers.

The agreement calls for initial deliveries of backup power generators to be completed between 2027 and 2028, representing an initial transaction value of approximately $2.4 billion, with the total potential contract size reaching up to $8 billion. Amazon has also received a warrant to purchase up to 1.69 million shares of Generac at around $200.93 per share. Analysts remain broadly positive, with recent price targets ranging from $232 to $375.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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