Generac Secures $8 Billion Deal with Amazon

Generac Holdings Inc. () has secured a significant partnership with Amazon (), which includes an order valued at up to $8 billion, according to Jefferies analyst Tanner James. The initial commitment from Amazon totals $2.4 billion.

The deal improves backlog quality and duration for Generac's data center business, addressing investor concerns over terminal value, said Jefferies.

Jefferies calculated that fiscal year 2028 implied consensus revenues to data centers could be more than $1.5 billion below reasonable expectations.