Vertiv's stock has fallen nearly 10% in one session and slid over three months, but a Wall Street firm, GLJ Research, set a high price target of $381, implying a 45% rebound. Despite recent selloffs due to project timing shifts and supply-chain issues, Vertiv's strong Q2 revenue growth of 24% and raised full-year outlook support a bullish outlook. Analysts largely rate Vertiv as a buy, expecting continued growth driven by AI infrastructure demand and key partnerships. The stock's recovery depends on meeting Q3 growth targets and backlog conversion, with potential upside if execution remains strong.
Vertiv, an electrical power equipment maker for data centers, reported a 24% increase in net sales and raised its full-year 2026 guidance, citing strong and accelerating momentum. Despite a temporary stock dip due to supply-chain delays pushing some ...
AI is rapidly becoming part of everyday business operations, with nearly half of firms expected to use AI soon, driving a surge in demand for data center power and infrastructure. Companies like NVIDIA, Broadcom, Arista Networks, Vertiv Holdings, and...
