Vertiv Holdings Co (VRT)

NYSE: VRT · IEX Real-Time Price · USD
81.88
-0.48 (-0.58%)
At close: Apr 17, 2024, 4:00 PM
82.40
+0.52 (0.64%)
After-hours: Apr 17, 2024, 7:59 PM EDT
-0.58%
Market Cap 31.28B
Revenue (ttm) 6.86B
Net Income (ttm) 460.20M
Shares Out 381.97M
EPS (ttm) 1.19
PE Ratio 68.81
Forward PE 35.50
Dividend $0.10 (0.12%)
Ex-Dividend Date Mar 18, 2024
Volume 6,117,586
Open 83.16
Previous Close 82.36
Day's Range 80.10 - 85.13
52-Week Range 11.95 - 88.70
Beta 1.76
Analysts Strong Buy
Price Target 73.60 (-10.11%)
Earnings Date Apr 24, 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 11 analysts, the average rating for VRT stock is "Strong Buy." The 12-month stock price forecast is $73.6, which is a decrease of -10.11% from the latest price.

Price Target
$73.6
(-10.11% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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
7 days 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...

7 days 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
12 days 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 ...

13 days 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...

4 weeks 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
4 weeks ago - Schwab Network

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...

5 weeks ago - Business Wire

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...

6 weeks 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...

7 weeks ago - PRNewsWire

Vertiv's stock drops on missed revenue, and weaker-than-expected Q1 view

Vertiv Holdings Co.'s stock fell more than 10% in premarket trading on Wednesday after the digital-infrastructure company missed its fourth-quarter revenue target and warned its next quarter could fal...

2 months ago - Market Watch

Vertiv Reports Strong Fourth Quarter Results and Provides 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 fourth quarter ...

2 months ago - Business Wire

Vertiv Announces Date of Fourth Quarter and Full Year 2023 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 fourth quarter and full year 2023...

2 months ago - Business Wire

These stocks can be winners in AI because they all share this one valuable quality

While the media would have investors focus on short headline-grabbing cycles such as political elections, central bank actions, and economic expansions and contractions, some investors — including our...

Other symbols: AMDETNMDBMRVLNVDA
3 months ago - Market Watch

Up 269% In 2023, Vertiv Stock Could Outperform Nvidia Shares In 2024

Which stock benefited most from 2023's boom in Generative AI? If you thought the winner is Santa Clara, Calif.

3 months ago - Forbes

These Russel 1000 stocks jumped by >250% in 2023

The Russell 1000 index had a strong performance in 2023 as hopes of rate cuts intersected with the enthusiasm of artificial intelligence (AI). The index, which tracks 1,000 companies, rose by over 24%...

Other symbols: AFRMAPPCOIN
4 months ago - Invezz

VERTIV ALERT: Bragar Eagel & Squire, P.C. is Investigating Vertiv Holdings Co. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Vertiv Holdings Co. (NYSE: VRT) on behalf of...

4 months ago - Business Wire

SHAREHOLDER ALERT: Vertiv Holdings Co (VRT) Officers and Directors Face Shareholder Investigation for Potential Wrongdoing

SAN FRANCISCO , Dec. 19, 2023 /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

Vertiv Announces Successful Completion of Term Loan Repricing

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

4 months ago - Business Wire

Vertiv Acquisition of CoolTera Ltd. Boosts Liquid Cooling Portfolio

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that subsidiaries of the company have entered into a...

4 months ago - Business Wire

CORRECTING and REPLACING PHOTO Vertiv Collaborates with Intel on Liquid Cooled Solution for the Intel® Gaudi®3 AI Accelerator Platform

COLUMBUS, Ohio--(BUSINESS WIRE)--Please replace the photo with the accompanying corrected photo. VERTIV COLLABORATES WITH INTEL ON LIQUID COOLED SOLUTION FOR THE INTEL® GAUDI®3 AI ACCELERATOR PLATFORM...

4 months ago - Business Wire

Vertiv Collaborates with Intel on Liquid Cooled Solution for the Intel® Gaudi®3 AI Accelerator Platform

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced the company is collaborating with Intel (Nasdaq: INT...

Other symbols: INTC
4 months ago - Business Wire

Vertiv Hosts Investor Conference and Raises 2023 Guidance

NEW YORK--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, will host its previously announced Investor Conference today at the New Yo...

5 months ago - Business Wire

Cramer's Mad Dash: Vertiv Holdings Co

CNBC's Jim Cramer delivers his daily Mad Dash.

5 months ago - CNBC Television

Vertiv to Hold Investor Conference on November 29, 2023

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, announced that it will hold an Investor Conference on Wednesday, Nov...

5 months ago - Business Wire

2 Stocks That Could Benefit From Generative AI's Energy Demand Growth

One analyst sees data center operators as winners.

Other symbols: EQIX
5 months ago - Forbes