Vertiv (VRT) shares jumped 15% in premarket trading as the data center power and cooling maker benefits from heavy capital spending by Google (GOOG) and Microsoft (MSFT). The company said its orders doubled year over year as AI fuels demand for its infrastructure, and it counts Alphabet, Microsoft, Nvidia and Amazon among its customers. Vertiv raised its 2026 outlook to net sales of $14.45-14.85 billion, up from $13.8-14.2 billion, and adjusted diluted EPS of $7.10-7.20, representing earnings growth of 69%-71%. In the third quarter, net sales reached $4.31 billion versus Wall Street's expectations of $3.76 billion, and adjusted diluted EPS of $2.21 rose 78%, beating estimates of $1.82.
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artificial intelligencedata centersearningsVertiv
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Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/27/2026 | 217.88 |
| Change that session | +0.87% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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Vertiv (VRT) reports third-quarter results on Oct. 28, with the stock down 39% from its recent peak despite five straight EPS beats and a 21.89% drop over the past month to $194.31. In the second quarter, adjusted EPS rose 60% to $1.52 and revenue climbed 24.1% to $3.27 billion, but organic growth slowed to 18%, which management attributed to supply chain congestion and the timing of phased projects. Management raised full-year adjusted EPS guidance to $6.65 to $6.75, and guidance calls for organic growth of about 35%, while consensus EPS stands just above the $1.80 guidance midpoint. The key questions are whether delayed AI projects have shipped and whether new capacity came online on schedule, with 2027 orders also seen as critical. The article argues that if shipment timing shifts again, the valuation reset could keep going.
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