nVent Electric (NYSE: NVT) Stock: BMO Capital Sets $212 Price Target Amid Surging Data Center Demand

• BMO Capital's $212.00 price target suggests a 25% upside for nVent Electric (NYSE: NVT) from its $169.56 trading price.
• The Maverick Power acquisition and strong organic growth are driven by increasing data center demand, expanding nVent Electric's market presence.
• nVent Electric anticipates data center sales to exceed $2.00 billion in 2026, leading to a raised full-year sales growth outlook of 37%–39%.

BMO Capital set a $212.00 price target for nVent Electric (NYSE: NVT) when the stock traded at $169.56. The target is about 25% above that price. nVent Electric makes electrical connection, protection, and cooling products, including equipment used in data centers. A price target is an analyst’s estimate, not a guaranteed future price.

nVent Electric recently completed its $1.75 billion acquisition of Maverick Power, as highlighted by GlobeNewswire. Maverick makes power distribution systems for data centers. The deal expands nVent Electric’s products in a market where operators need more power equipment. nVent Electric could pay up to $550.00 million more if Maverick meets performance targets in 2027 and 2028.

Demand from data centers is already affecting nVent Electric’s results. Second-quarter 2026 sales rose 53% from a year earlier to $1.47 billion. Organic sales, which exclude the effects of acquisitions and currency changes, grew 47%. Organic sales in the infrastructure business more than doubled, mainly because of data center demand.

nVent Electric expects data center sales to exceed $2.00 billion in 2026, more than twice the prior-year level, and raised its full-year sales growth outlook to 37%–39%. It is adding liquid-cooling capacity as AI systems increase power use and heat, as highlighted by Zacks Investment Research. Its planned Blaine 2 facility is expected to add capacity in 2027.

At $169.56, nVent Electric is below its 52-week high of $184.64. The gap between the share price and BMO Capital’s $212.00 target reflects the analyst’s estimate of further upside, while the acquisition cost and planned capacity expansion show how much nVent Electric is investing to serve data center demand.