On May 26, Vertiv Holdings rose 4.13% in regular trading, trading at $340.82/share, with trading volume of $282 million. The stock continues its recovery after pulling back over 13% from its all-time high of $377.77.
On the news front, multiple institutions have collectively issued bullish calls, providing sustained support for the technical rebound. RBC Capital Markets noted that Vertiv remains in a high-speed growth mode, projecting 20%-25% organic revenue growth through 2030 with EPS compound annual growth in the mid-to-high 20% range. Citi raised its price target to $414, emphasizing clear long-term growth prospects in AI data centers. Oppenheimer also lifted its target to $353 from $330, maintaining an outperform rating and highlighting the company's differentiated value proposition across power management, thermal management, and IT solutions.
Within the Electrical Components and Equipment sector, the broader group strengthened, with Eaton Corp up 3.01%, Vicor up 11.94%, FuelCell up 3.32%, and Rockwell Automation up 1.05%.
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