Vertiv Holdings Co (VRT)

NYSE: VRT · IEX Real-Time Price · USD
88.00
+1.34 (1.55%)
At close: Jul 2, 2024, 4:00 PM
88.16
+0.16 (0.18%)
After-hours: Jul 2, 2024, 7:59 PM EDT
1.55%
Market Cap 32.94B
Revenue (ttm) 6.98B
Net Income (ttm) 404.00M
Shares Out 374.35M
EPS (ttm) 1.04
PE Ratio 84.62
Forward PE 35.21
Dividend $0.10 (0.11%)
Ex-Dividend Date Jun 17, 2024
Volume 6,683,607
Open 86.11
Previous Close 86.66
Day's Range 85.67 - 89.07
52-Week Range 23.51 - 109.27
Beta 1.68
Analysts Strong Buy
Price Target 89.40 (+1.59%)
Earnings Date Jul 31, 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]

Sector Industrials
CEO Giordano Albertazzi
Employees 27,000
Stock Exchange NYSE
Ticker Symbol VRT
Full Company Profile

Financial Performance

In 2023, VRT'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 Statements

Analyst Forecast

According to 10 analysts, the average rating for VRT stock is "Strong Buy." The 12-month stock price forecast is $89.4, which is an increase of 1.59% from the latest price.

Price Target
$89.4
(1.59% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Vertiv Celebrates Engineers, Focuses on the Future and AI Imperatives at Company Technology Fair Event

WESTERVILLE, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, is hosting its invitation-only Technology Fair for Vertiv enginee...

6 days ago - Business Wire

Ballard and Vertiv announce strategic technology partnership to support alternative energy usage for data centers

VANCOUVER, BC and WESTERVILLE, Ohio , June 18, 2024 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and con...

Other symbols: BLDP
14 days ago - PRNewsWire

Vertiv Announces Successful Completion of Term Loan Repricing

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the completion of the repricing of Vertiv Group Corp...

19 days ago - Business Wire

Data center liquid cooling is accelerating and it's accelerating now, says Vertiv CEO

Giordano Albertazzi, Vertiv CEO, joins 'Closing Bell: Overtime' to discuss data center cooling and what it means for the company.

21 days ago - CNBC Television

Vertiv Declares Quarterly Dividend

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that its Board of Directors has declared a quarterly...

4 weeks ago - Business Wire

Vertiv Issues 2023 Responsible Business Report, Providing Updates on Environmental Impact and Governance Efforts and Introducing ‘One Vertiv, One World' Plan

WESTERVILLE, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today released its 2023 Responsible Business Report, which detail...

4 weeks ago - Business Wire

Up 422%, Vertiv Stock Is Hotter Than Nvidia. Why? Liquid Cooling

If you are looking to cash in on the boom in generative AI, you can buy shares of Nvidia before the stock splits next month, as I wrote recently in a Forbes post. But Nvidia faces powerful rivals and ...

4 weeks ago - Forbes

Vertiv Leaders and Customers Take Center Stage at Datacloud Global Congress 2024, Talking AI-Ready Infrastructure Solutions and Energy Efficiency

WESTERVILLE, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, will present its latest innovations at Datacloud Global Congress,...

4 weeks ago - Business Wire

Vertiv Launches New AI Hub, Featuring Industry's First AI Reference Design Portfolio for Critical Digital Infrastructure

WESTERVILLE, Ohio--(BUSINESS WIRE)--While artificial intelligence (AI) use cases are growing at an unprecedented rate, expert information is scarce for pioneering data centers. Vertiv (NYSE: VRT), a g...

5 weeks ago - Business Wire

Cramer's Stop Trading: Vertiv

CNBC's Jim Cramer explains why he is keeping an eye on shares of Vertiv Holdings.

6 weeks ago - CNBC Television

JPMorgan's Stephen Tusa shares under-the-radar AI plays

Stephen Tusa, JPMorgan analyst, joins 'Closing Bell Overtime' to discuss how data centers could benefit from the AI hype cycle.

Other symbols: DDETNJCI
2 months ago - CNBC Television

Vertiv to Participate in Upcoming Conferences

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in two upcoming investor conferenc...

2 months ago - Business Wire

Committee's standout stocks this week: Vertiv, NXP, Palantir and Matterport

The Investment Committee discuss some of their standout stocks this week.

Other symbols: MTTRNXPIPLTR
2 months ago - CNBC Television

'Without us, the data center industry would not exist,' says Vertiv CEO Giordano Albertazzi

Giordano Albertazzi, Vertiv CEO, joins CNBC's 'The Exchange' to share why his company is key to AI development, the data center demand, and more.

2 months ago - CNBC Television

Cramer's Mad Dash: Vertiv

CNBC's Jim Cramer delivers his daily Mad Dash.

2 months ago - CNBC Television

Vertiv's stock rallies as data-center AI deployments fuel earnings beat

Vertiv Holdings Co.'s stock rallied in premarket trade on Wednesday after the data-center provider's revenue and adjusted profit topped Wall Street analysts' expectations on stronger-than-expected ord...

2 months ago - Market Watch

Vertiv Reports 60% Organic Orders Growth, 8% Net Sales Growth in First Quarter; Updates Full Year 2024 Outlook

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 first quarter e...

2 months ago - Business Wire

DNAnexus and Oracle Collaborate to Advance Precision Health

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #AI--DNAnexus announced that it will collaborate with Oracle to advance precision health.

Other symbols: GREE
2 months ago - Business Wire

Vertiv Announces Date of First 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 first quarter 2024 results before...

2 months ago - Business Wire

Calls of the Day: Uber, Netflix, UnitedHealth, American Express and Vertiv Holdings

The Investment Committee discusses the latest Calls Of The Day.

Other symbols: AXPNFLXUBERUNH
3 months ago - CNBC Television

Vertiv Unveils End-to-End AI Power and Cooling Solutions to Simplify Data Center Infrastructure Selection and Deployment in North America

WESTERVILLE, Ohio--(BUSINESS WIRE)--As Artificial Intelligence (AI) and High-Performance Compute (HPC) continue to disrupt the data center landscape, Vertiv (NYSE: VRT), a global provider of critical ...

3 months ago - Business Wire

Vertiv Joins the NVIDIA Partner Network

WESTERVILLE, Ohio--(BUSINESS WIRE)-- #AI--Vertiv (NYSE: VRT), a global leader in critical infrastructure and continuity solutions, is now a Solution Advisor: Consultant partner in the NVIDIA Partner N...

3 months ago - Business Wire

OPRA, VRT: Telecom Stocks in Focus

Opera Limited (OPRA) can expand margins while increasing growth, according to TD Cowen. Lance Vitanza discusses telecom stocks in focus.

Other symbols: OPRA
3 months ago - Schwab Network

Vertiv to Participate in Upcoming J.P. Morgan Industrials Conference

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced its participation in the upcoming J.P. Morgan Indust...

4 months ago - Business Wire

VERTIV HOLDINGS CO (VRT) SHAREHOLDER ALERT REMINDER: Schubert Jonckheer & Kolbe LLP Encourages Vertiv Investors to Contact the Firm

SAN FRANCISCO , Feb. 28, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of Vertiv Holdings Co (NYSE: VRT) relating to the co...

4 months ago - PRNewsWire