Vertiv (VRT), an Nvidia partner, jumped 16% on October 28 after its third-quarter organic orders more than doubled and it raised its 2026 sales outlook by $650 million at the midpoint. Third-quarter sales rose 61% to $4.31 billion, about $460 million above the top of its guidance range, and adjusted EPS grew 78% to $2.21. The 2026 outlook now calls for $14.45–14.85 billion in sales and $7.10–7.20 in adjusted EPS. Customer advance and milestone payments reached $4.12 billion as of September 30, though orders can still be cancelled or rescheduled if customers struggle to fund their sites. The shares closed at $232.50 on October 30; the author would still own them at that level but does not call them cheap, given they traded at 26x forward earnings before the report versus a 34x three-year average.
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Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/30/2026 | 204.64 |
| Change that session | -4.22% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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