Vertiv Holdings Co (VRT)
| Market Cap | 51.62B |
| Revenue (ttm) | 7.53B |
| Net Income (ttm) | 581.40M |
| Shares Out | 375.34M |
| EPS (ttm) | 1.50 |
| PE Ratio | 91.89 |
| Forward PE | 41.29 |
| Dividend | $0.10 (0.07%) |
| Ex-Dividend Date | Sep 17, 2024 |
| Volume | 9,727,317 |
| Open | 140.60 |
| Previous Close | 140.94 |
| Day's Range | 134.41 - 141.70 |
| 52-Week Range | 41.01 - 141.70 |
| Beta | 1.59 |
| Analysts | Strong Buy |
| Price Target | 131.82 (-4.16%) |
| Earnings Date | Oct 23, 2024 |
About VRT
Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It offers AC and DC power management products, switchgear and busbar products, thermal management products, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure that ar... [Read more]
Financial Performance
In 2023, Vertiv Holdings Co's revenue was $6.86 billion, an increase of 20.59% compared to the previous year's $5.69 billion. Earnings were $460.20 million, an increase of 500.78%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for VRT stock is "Strong Buy." The 12-month stock price forecast is $131.82, which is a decrease of -4.16% from the latest price.
News
Data Center Trends 2025: Vertiv Predicts Industry Efforts to Support, Enable, Leverage and Regulate AI
COLUMBUS, Ohio--(BUSINESS WIRE)--AI continues to reshape the data center industry, a reality reflected in the projected 2025 data center trends from Vertiv (NYSE: VRT), a global provider of critical d...
VRT Tied to A.I. Story With Data Center Demand
Vertiv Holdings (VRT) saw a massive rally to an all-time high off its earnings report. Jonathan Sakraida credits Vertiv to being in "front of the line" of the A.I.
Vertiv's Earnings Estimates Raised By Analyst Amid Improved Margin Outlook
BofA Securities analyst Andrew Obin reiterated the Buy rating on Vertiv Holdings VRT, with a price forecast of $150.
Vertiv Expands its Global Liquid Cooling Portfolio with the Announcement of Two New High-Capacity Coolant Distribution Units to Support AI Applications
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced a significant expansion of its liquid cooling produc...
Vertiv and Compass Datacenters Collaborate on Combination Liquid and Air Cooling System To Accelerate Deployment of Liquid Cooling for AI Applications
COLUMBUS, Ohio--(BUSINESS WIRE)--Data center operators face the challenge of supporting rapidly evolving environments in which established IT applications increasingly co-exist alongside the high-dens...
Vertiv Hosts Investor Event and Announces Quarterly Dividend
ATLANTA--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, will host its previously announced Investor Event today in Atlanta beginnin...
'We need a lot more power' to support the digital transformation, says Vertiv's David Cote
David Cote, Vertiv executive chairman and former Honeywell CEO, joins 'Squawk on the Street' for an impromptu visit to discuss Elon Musk's new data center in Memphis, the need for power supply for dat...
Vertiv Uses Ansys Digital Engineering Technology to Drive R&D Transformation
Ansys intelligent engineering project will accelerate the development and delivery of customized data center cooling systems / Key Highlights Ansys technology enables Vertiv to develop products and re...
After 175% Pop, Why Vertiv Stock Could Keep Soaring
Shares of Vertiv, a data center hardware and services provider, have risen 175% as of November 11. Last month, Vertiv exceeded investor expectations for the third quarter and raised guidance.
Vertiv to Hold Investor Event on November 18, 2024
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, announced that it will hold an Investor Event on Monday, November 18...
Vertiv: The Blow-Off Top Could Inflict Pain On Latecomers
Vertiv's AI infrastructure investment thesis doesn't seem to be stopping anytime soon. However, is the market dumb? VRT has outperformed the market significantly over the past year, corroborating the ...
Vertiv: A Strong Buy Amid Rising Cloud Infrastructure And Data Center Demand
Vertiv Holdings is well-positioned to capitalize on AI-driven data center demand, liquid cooling technologies, and strong operational execution driving margin expansion. Q3 2024 results show 19% YoY n...
Vertiv Names Scott Armul to Lead Global Portfolio and Business Units
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that on January 1, 2025, Scott Armul will be promote...
Vertiv: Still A Cheap AI Buying Opportunity
VRT has once again raised their FY2024 guidance, sustaining the third quarter of beat and raise performances, thanks to the expanding pipeline over the next 18 months. The same has been reported by nu...
Vertiv Holdings Co (VRT) Q3 2024 Earnings Call Transcript
Vertiv Holdings Co (NYSE:VRT) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Lynne Maxeiner – Vice President of Investor Relations Dave Cote – Executive Chairman G...
Vertiv CEO: AI is driving 'acceleration of demand' that will continue
Giordano Albertazzi, CEO of Vertiv, joins CNBC's 'The Exchange' to discuss his message to investors who are skeptical the company's gains can continue, how the company differentiates from competitors,...
Vertiv Reports Strong Third Quarter 2024 Results and Raises Full Year Guidance
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv Holdings Co (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today reported financial results for its third quarter e...
Vertiv Codevelops with NVIDIA Complete Power and Cooling Blueprint for NVIDIA GB200 NVL72 Platform
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today announced that it is releasing a complete 7MW reference architecture of the NVIDIA GB20...
Vertiv Holdings stock forms a risky pattern; Oct. 23 will be key
Vertiv Holdings' (VRT) stock price has done well since going public in a SPAC merger in 2020. It has risen from around $12 a share to $109, pushing its market cap to over $40 billion and making it one...
Vertiv Announces Date of Third Quarter 2024 Earnings Release and Conference Call
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced it will report its third quarter 2024 results before...
Vertiv Expands Liquid Cooling Portfolio to make North America AI Deployments Easier, Faster and More Cost-Effective
COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced a significant expansion of the Vertiv™ liquid coolin...
Vertiv Thriving on AI, Cloud Trends
Vertiv Holdings Co. (VRT) is poised to thrive in AI and cloud computing markets.
Vertiv: Slam The Brakes Before It Goes Overboard (Downgrade)
Vertiv Holdings stock has outperformed the S&P 500 significantly since my previous update, justifying my bullish thesis. As we head into the Q3 earnings season, investors seem to have incorporated sub...
Vertiv Holdings Co (VRT) Shares Up 3.65% on Oct 2
Shares of Vertiv Holdings Co (VRT, Financial) surged 3.65% in mid-day trading on Oct 2. The stock reached an intraday high of $101.27, before settling at $101.18, up from its previous close of $97.62.
Vertiv Introduces Fully Populated, High-Density Lithium Battery Cabinets for Fast, Cost-Efficient Installation in HPC Data Centers
COLUMBUS, Ohio--(BUSINESS WIRE)--Meeting the urgent need for solutions supporting high-density computing in increasingly crowded data center facilities, Vertiv (NYSE: VRT), a global provider of critic...