Generac Wins $2.4B Data Center Deal with Amazon

Generac Holdings has secured a significant long-term supply agreement with Amazon for data center backup generators, valued at $2.4 billion across 2027 and 2028.

The deal positions Generac as a key supplier for data center applications, marking the company's second hyperscaler customer after the recent news of its entry into the large data center market in 2025.

UBS has reiterated a Buy rating on Generac stock with a price target of $340, citing confidence in the company's data center strength and undervalued relative to Fair Value.