Vertiv Holdings Co (VRT)

NYSE: VRT · Real-Time Price · USD
125.04
-0.80 (-0.64%)
At close: Dec 12, 2024, 4:00 PM
126.50
+1.46 (1.17%)
After-hours: Dec 12, 2024, 7:58 PM EST
-0.64%
Market Cap 46.93B
Revenue (ttm) 7.53B
Net Income (ttm) 581.40M
Shares Out 375.34M
EPS (ttm) 1.50
PE Ratio 83.54
Forward PE 37.68
Dividend $0.11 (0.09%)
Ex-Dividend Date Dec 3, 2024
Volume 2,936,105
Open 123.97
Previous Close 125.84
Day's Range 123.30 - 126.17
52-Week Range 44.31 - 145.67
Beta 1.61
Analysts Strong Buy
Price Target 133.83 (+7.03%)
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]

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

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 Statements

Analyst Forecast

According to 12 analysts, the average rating for VRT stock is "Strong Buy." The 12-month stock price forecast is $133.83, which is an increase of 7.03% from the latest price.

Price Target
$133.83
(7.03% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Trade Tracker: Steve Weiss buys more Vertiv

Steve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's 'Halftime Report' to discuss why he's buying Vertiv as the stock falls today.

3 days ago - CNBC Television

Final Trades: Oracle, Vertiv Holdings and GSK

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: GSKORCL
6 days ago - CNBC Television

Data Center Cooling Industry Report 2024-2029: Analysis, Trends, Statistics, Growth Forecasts and Market Shares, Featuring Stulz, Rittal, Vertiv Group, Asetek, Alfa Laval & More

Global Surge in Data and AI Workloads Driving Demand for Advanced Data Center Cooling Solutions Global Surge in Data and AI Workloads Driving Demand for Advanced Data Center Cooling Solutions

6 days ago - GlobeNewsWire

Vertiv Holdings: Reiterating Buy Due To Strong Potential

Vertiv Holdings delivered a 19% year-on-year revenue increase in Q3 2024, with significant margin expansion in the Americas and EMEA regions. Topline should continue its growth momentum, driven by AI ...

6 days ago - Seeking Alpha

Vertiv Introduces Compact, High-Power Density UPS for Large Data Centers and Other Critical Applications

COLUMBUS, Ohio--(BUSINESS WIRE)--Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today introduced the Vertiv™ PowerUPS 9000, an energy-efficient, hig...

9 days ago - Business Wire

Investment Committee Moves: EPAM, Paycom, Blackstone, Healthequity, Booz Allen, Leidos, and Vertiv

Karen Firestone and Steve Weiss join CNBC's 'Halftime Report' to detail their latest portfolio moves.

Other symbols: BAHEPAMHQYLDOSPAYCBX
21 days ago - CNBC Television

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...

22 days ago - Business Wire

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.

23 days ago - Schwab Network

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.

23 days ago - Benzinga

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...

23 days ago - Business Wire

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...

24 days ago - Business Wire

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...

24 days ago - Business Wire

'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...

27 days ago - CNBC Television

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...

Other symbols: ANSS
4 weeks ago - PRNewsWire

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.

4 weeks ago - Forbes

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...

4 weeks ago - Business Wire

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 ...

5 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Business Wire

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...

6 weeks ago - Seeking Alpha

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...

7 weeks ago - Seeking Alpha

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,...

7 weeks ago - CNBC Television

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Invezz