Generac Surges 18% on Amazon Deal Amid Warrant Looming

Generac Holdings Inc., NYSE:GNRC, continues to ride high after its Amazon deal, with shares closing at $207.44 on Friday, up 18.5% from Wednesday's pre-deal close.

The agreement, which initially sparked a surge in Generac's stock price, has resulted in the company receiving $2.4 billion worth of initial generator deliveries across 2027 and 2028.

This represents a significant portion of Generac's trailing sales, at 54%, and even surpasses its July data-center backlog by half, although timing is now more crucial than ever.

Meanwhile, Amazon has the option to buy up to 1.69 million shares of Generac stock at $200.9266, which is slightly below Friday's closing price.