Vertiv, a key supplier of power and cooling systems for hyperscale data centers, reported a $15 billion backlog, up 109% year-over-year, driving an 87% share price increase in 2026. Despite recent volatility and regional challenges in EMEA, analysts see about 20-25% upside potential, with a $400 target by mid-2027 requiring sustained AI demand and stable valuation multiples. Management raised full-year EPS guidance, highlighting strong growth in Americas and ongoing AI infrastructure investments. Risks include a potential hyperscaler spending pause and continued EMEA weakness.
The surge in AI workloads is driving a major increase in demand for data center cooling and power infrastructure. Companies like Comfort Systems USA, Eaton, Vertiv Holdings, nVent Electric, and Modine Manufacturing are seeing strong earnings beats, g...
The Touchstone Mid Cap Growth Fund (Class A Shares, Load Waived) outperformed its benchmark, the Russell Midcap Growth Index, for the quarter ended March 31, 2026. Key contributors to this strong performance included Vertiv Holdings, Ascendis Pharma,...
Vertiv has finalized its acquisition of ThermoKey, a specialist in heat rejection and heat-exchange technologies, enhancing Vertiv's thermal management and manufacturing capabilities in Europe, the Middle East, and Africa. This move strengthens Verti...
