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 Holdings, a maker of power and cooling equipment for data centers, faces mixed analyst opinions with GLJ Research rating it a "Sell" and BMO Capital giving an "Outperform" rating. Despite a recent stock pullback, the company reported a 241% in...
Vertiv experienced a temporary shift in Q2 revenue recognition, causing an unjustified stock pullback but positioning the company for a strong Q3 earnings beat. Operating cash flow surged 241% year-over-year to $1.1 billion, driven by customer prepay...
Vertiv has named Michael Resha as Executive Vice President of Manufacturing, Logistics, and Operational Excellence, succeeding Anders Karlborg who moves to a new role. Resha will lead global manufacturing and logistics efforts to scale operations and...
BMO Capital initiated coverage on Vertiv with an Outperform rating and a $329 price target, implying a 30.5% upside from its current price. The company benefits from rising demand for AI data centers, driving strong sales growth of 24% in Q2 and robu...
