Vertiv (NYSE: VRT) Stock Performance Amid AI Data Center Boom

• Vertiv (NYSE: VRT) supplies critical power and cooling systems for data centers, positioning it to benefit from growing AI infrastructure investment.
• Despite strong business growth, Vertiv shares have been volatile and remain well below their record high.
• Analysts expect substantial earnings and revenue growth, although several firms have recently reduced their price targets.

Vertiv (NYSE: VRT) provides critical power, cooling and infrastructure-management systems for data centers. Roth Capital maintained its Buy rating but lowered its price target to $335 from $355.

Demand for AI data centers continues to support investor interest in Vertiv. Powerful AI chips consume more electricity and produce more heat, increasing demand for specialized power and cooling systems. Vertiv's annual revenue more than doubled from approximately $5.00 billion in 2021 to a record $10.23 billion in 2025.

Vertiv shares closed at $206.08 on October 19, down $0.34, or 0.16%. That price was approximately 45% below the stock's record closing high of $376.06 on May 14. Its 52-week trading range was $147.82 to $379.94.

For the third quarter of 2026, analysts expect adjusted earnings of $1.83 per share, up approximately 47.6% year over year, and revenue of $3.77 billion, representing growth of approximately 40.8%. Vertiv's own guidance calls for adjusted earnings of $1.77 to $1.83 per share and revenue of $3.65 billion to $3.85 billion.

For the full year, the Zacks consensus estimates call for adjusted earnings of $6.69 per share and revenue of $14.01 billion, representing projected year-over-year growth of approximately 59.3% and 36.9%, respectively.